EAOM vs. GAA
Compare and contrast key facts about iShares ESG Aware Moderate Allocation ETF (EAOM) and Cambria Global Asset Allocation ETF (GAA).
EAOM and GAA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EAOM is a passively managed fund by iShares that tracks the performance of the BlackRock ESG Aware Moderate Allocation Index. It was launched on Jun 12, 2020. GAA is an actively managed fund by Cambria. It was launched on Dec 9, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EAOM or GAA.
Key characteristics
| EAOM | GAA | |
|---|---|---|
| YTD Return | 8.15% | 9.07% |
| 1Y Return | 16.47% | 17.04% |
| 3Y Return (Ann) | 0.49% | 1.84% |
| Sharpe Ratio | 2.53 | 1.63 |
| Sortino Ratio | 3.73 | 2.35 |
| Omega Ratio | 1.47 | 1.29 |
| Calmar Ratio | 1.26 | 1.59 |
| Martin Ratio | 15.45 | 10.97 |
| Ulcer Index | 1.09% | 1.51% |
| Daily Std Dev | 6.66% | 10.14% |
| Max Drawdown | -20.73% | -26.57% |
| Current Drawdown | -1.60% | -1.51% |
Correlation
The correlation between EAOM and GAA is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EAOM vs. GAA - Performance Comparison
In the year-to-date period, EAOM achieves a 8.15% return, which is significantly lower than GAA's 9.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EAOM vs. GAA - Expense Ratio Comparison
EAOM has a 0.18% expense ratio, which is lower than GAA's 0.41% expense ratio.
Risk-Adjusted Performance
EAOM vs. GAA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Moderate Allocation ETF (EAOM) and Cambria Global Asset Allocation ETF (GAA). 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.
Dividends
EAOM vs. GAA - Dividend Comparison
EAOM's dividend yield for the trailing twelve months is around 2.83%, less than GAA's 4.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
EAOM iShares ESG Aware Moderate Allocation ETF | 2.83% | 2.70% | 1.93% | 1.32% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GAA Cambria Global Asset Allocation ETF | 4.54% | 3.73% | 6.05% | 4.21% | 2.73% | 3.32% | 3.00% | 2.35% | 2.81% | 2.49% | 0.57% |
Drawdowns
EAOM vs. GAA - Drawdown Comparison
The maximum EAOM drawdown since its inception was -20.73%, smaller than the maximum GAA drawdown of -26.57%. Use the drawdown chart below to compare losses from any high point for EAOM and GAA. For additional features, visit the drawdowns tool.
Volatility
EAOM vs. GAA - Volatility Comparison
The current volatility for iShares ESG Aware Moderate Allocation ETF (EAOM) is 1.51%, while Cambria Global Asset Allocation ETF (GAA) has a volatility of 2.87%. This indicates that EAOM experiences smaller price fluctuations and is considered to be less risky than GAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.