EAOM vs. SPLS

Last updated Jun 4, 2026

EAOM (iShares ESG Aware Moderate Allocation ETF) and SPLS (PIMCO U.S. Stocks PLUS Active Bond ETF) are both Diversified Portfolio funds. EAOM is passively managed, while SPLS is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.

Performance

EAOM vs. SPLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Aware Moderate Allocation ETF (EAOM) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EAOM

• 1D: -0.45%
• 1M: 2.36%
• YTD: 5.08%
• 6M: 5.24%
• 1Y: 14.66%
• 3Y*: 10.47%
• 5Y*: 4.28%
• 10Y*: —

SPLS

• 1D: -0.65%
• 1M: 5.18%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EAOM vs. SPLS - Yearly Performance Comparison

	2026 (YTD)
EAOM iShares ESG Aware Moderate Allocation ETF	3.92%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	9.37%

Correlation

The correlation between EAOM and SPLS is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 20, 2026	0.94

Return for Risk

EAOM vs. SPLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EAOM

EAOM Risk / Return Rank: 68
EAOM Sharpe Ratio Rank: 69
EAOM Sortino Ratio Rank: 73
EAOM Omega Ratio Rank: 72
EAOM Calmar Ratio Rank: 58
EAOM Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EAOM vs. SPLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Moderate Allocation ETF (EAOM) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). 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.

	EAOM	SPLS	Difference
Sharpe ratio: Return per unit of total volatility	2.29	—	—
Sortino ratio: Return per unit of downside risk	3.31	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	2.85	—	—
Martin ratio: Return relative to average drawdown	12.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EAOM	SPLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.29	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	1.82	-1.06

Drawdowns

EAOM vs. SPLS - Drawdown Comparison

The maximum EAOM drawdown since its inception was -20.73%, which is greater than SPLS's maximum drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for EAOM and SPLS.

Drawdown Indicators

	EAOM	SPLS	Difference
Max Drawdown Largest peak-to-trough decline	-20.73%	-9.24%	-11.49%
Max Drawdown (1Y) Largest decline over 1 year	-5.17%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.73%	—	—
Current Drawdown Current decline from peak	-0.45%	-0.65%	+0.20%
Average Drawdown Average peak-to-trough decline	-4.97%	-1.85%	-3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.17%	—	—

Volatility

Volatility by Period

	EAOM	SPLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.44%	15.02%	-8.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.07%	15.02%	-6.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.91%	15.02%	-7.11%

EAOM vs. SPLS - Expense Ratio Comparison

Both EAOM and SPLS have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EAOM vs. SPLS - Dividend Comparison

EAOM's dividend yield for the trailing twelve months is around 2.78%, more than SPLS's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EAOM iShares ESG Aware Moderate Allocation ETF	2.78%	2.89%	2.89%	2.70%	1.93%	1.32%	1.02%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EAOM and SPLS in my portfolio?

With a correlation of 0.94, EAOM and SPLS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EAOM or SPLS?

Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EAOM or SPLS?

EAOM and SPLS have the same expense ratio: 0.18% per year.

Which ETF pays a higher dividend yield, EAOM or SPLS?

EAOM has the higher dividend yield at 2.78%, compared with 0.22% for SPLS.

What is the main difference between EAOM and SPLS?

They also come from different issuers: iShares and PIMCO.