EAOM vs. FAAR
EAOM (iShares ESG Aware Moderate Allocation ETF) and FAAR (First Trust Alternative Absolute Return Strategy ETF) are both exchange-traded funds - EAOM is a Diversified Portfolio fund tracking the BlackRock ESG Aware Moderate Allocation Index, while FAAR is a Commodities fund actively managed by First Trust. EAOM is passively managed, while FAAR is actively managed. Over the past 5 years, EAOM returned 4.42%/yr vs 8.03%/yr for FAAR. At a 0.02 correlation, their price movements are largely independent. EAOM charges 0.18%/yr vs 0.95%/yr for FAAR.
Performance
EAOM vs. FAAR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EAOM achieves a 5.44% return, which is significantly lower than FAAR's 20.28% return.
EAOM
- 1D
- 0.70%
- 1M
- 1.48%
- YTD
- 5.44%
- 6M
- 5.62%
- 1Y
- 14.56%
- 3Y*
- 10.14%
- 5Y*
- 4.42%
- 10Y*
- —
FAAR
- 1D
- 0.31%
- 1M
- -4.57%
- YTD
- 20.28%
- 6M
- 20.86%
- 1Y
- 26.92%
- 3Y*
- 10.85%
- 5Y*
- 8.03%
- 10Y*
- 4.74%
EAOM vs. FAAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EAOM iShares ESG Aware Moderate Allocation ETF | 5.44% | 12.90% | 7.29% | 11.83% | -15.48% | 6.39% | 10.30% |
FAAR First Trust Alternative Absolute Return Strategy ETF | 20.28% | 8.07% | 5.97% | -5.63% | 10.15% | 12.34% | 8.40% |
Correlation
The correlation between EAOM and FAAR is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2020 | 0.02 |
The correlation between EAOM and FAAR shifts across timeframes, from -0.14 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EAOM vs. FAAR — Risk / Return Rank
EAOM
FAAR
EAOM vs. FAAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Moderate Allocation ETF (EAOM) and First Trust Alternative Absolute Return Strategy ETF (FAAR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EAOM | FAAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.34 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 4.72 | -1.91 |
| Martin ratioReturn relative to average drawdown | 12.14 | 14.40 | -2.25 |
Loading charts...
Drawdowns
EAOM vs. FAAR - Drawdown Comparison
The maximum EAOM drawdown since its inception was -20.73%, which is greater than FAAR's maximum drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for EAOM and FAAR.
Loading charts...
Drawdown Indicators
| EAOM | FAAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.73% | -18.03% | -2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -5.17% | -5.68% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -7.63% | -11.54% | +3.91% |
Max Drawdown (5Y)Largest decline over 5 years | -20.73% | -18.03% | -2.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.03% | — |
Current DrawdownCurrent decline from peak | -0.11% | -5.39% | +5.28% |
Average DrawdownAverage peak-to-trough decline | -4.93% | -7.83% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 1.87% | -0.68% |
Volatility
EAOM vs. FAAR - Volatility Comparison
iShares ESG Aware Moderate Allocation ETF (EAOM) has a higher volatility of 2.78% compared to First Trust Alternative Absolute Return Strategy ETF (FAAR) at 2.50%. This indicates that EAOM's price experiences larger fluctuations and is considered to be riskier than FAAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EAOM | FAAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 2.50% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 5.71% | 9.71% | -4.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.79% | 13.36% | -6.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.13% | 12.95% | -4.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.94% | 11.53% | -3.59% |
EAOM vs. FAAR - Expense Ratio Comparison
EAOM has a 0.18% expense ratio, which is lower than FAAR's 0.95% expense ratio.
Dividends
EAOM vs. FAAR - Dividend Comparison
EAOM's dividend yield for the trailing twelve months is around 2.78%, less than FAAR's 9.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EAOM iShares ESG Aware Moderate Allocation ETF | 2.78% | 2.89% | 2.89% | 2.70% | 1.93% | 1.32% | 1.02% | 0.00% | 0.00% | 0.00% |
FAAR First Trust Alternative Absolute Return Strategy ETF | 9.57% | 11.63% | 3.45% | 3.20% | 5.82% | 6.49% | 3.05% | 1.02% | 0.58% | 2.83% |
Frequently Asked Questions
EAOM and FAAR have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EAOM has higher volatility (2.78%) compared to FAAR (2.50%). In terms of maximum drawdown, EAOM dropped -20.73% vs FAAR's -18.03%.
On 5-year performance, FAAR leads with 8.03% vs 4.42% for EAOM. On fees, EAOM is cheaper at 0.18% per year. On volatility, FAAR has been the lower-risk option at 2.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FAAR has performed better with a 8.03% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EAOM is cheaper with a 0.18% expense ratio, compared with 0.95% for FAAR.
FAAR has the higher dividend yield at 9.57%, compared with 2.78% for EAOM.
EAOM is categorized as Diversified Portfolio, while FAAR is Commodities. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.18% for EAOM and 0.95% for FAAR.
EAOM currently has the higher Sharpe Ratio (2.14 vs 2.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EAOM and FAAR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer