EAOM vs. TLT
EAOM (iShares ESG Aware Moderate Allocation ETF) and TLT (iShares 20+ Year Treasury Bond ETF) are both exchange-traded funds - EAOM is a Diversified Portfolio fund tracking the BlackRock ESG Aware Moderate Allocation Index, while TLT is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. Both are passively managed. Over the past 5 years, EAOM returned 4.13%/yr vs -7.75%/yr for TLT. Their 0.41 correlation means their historical movements had little consistent relationship. EAOM charges 0.18%/yr vs 0.15%/yr for TLT.
Performance
EAOM vs. TLT - Performance Comparison
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Returns By Period
In the year-to-date period, EAOM achieves a 5.95% return, which is significantly higher than TLT's -2.22% return.
EAOM
- 1D
- -0.03%
- 1M
- 0.38%
- 6M
- 4.94%
- YTD
- 5.95%
- 1Y
- 11.74%
- 3Y*
- 10.41%
- 5Y*
- 4.13%
- 10Y*
- —
- ALL TIME*
- 5.93%
TLT
- 1D
- 0.22%
- 1M
- -2.48%
- 6M
- -1.90%
- YTD
- -2.22%
- 1Y
- -1.73%
- 3Y*
- -0.82%
- 5Y*
- -7.75%
- 10Y*
- -2.23%
- ALL TIME*
- 3.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $32.37K | $91.04K | $54.92K | |
| $2.70B | $2.15B | $2.23B |
EAOM vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EAOM iShares ESG Aware Moderate Allocation ETF | 5.95% | 12.90% | 7.29% | 11.83% | -15.48% | 6.39% | 10.30% |
TLT iShares 20+ Year Treasury Bond ETF | -2.22% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | -1.01% |
Correlation
The correlation between EAOM and TLT is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2020 | 0.41 |
The correlation between EAOM and TLT shifts across timeframes, from 0.41 (all time) to 0.55 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
EAOM vs. TLT — Risk / Return Rank
EAOM
TLT
EAOM vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Moderate Allocation ETF (EAOM) and iShares 20+ Year Treasury Bond ETF (TLT). 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 | TLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.98 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | -0.22 | +2.50 |
| Martin ratioReturn relative to average drawdown | 9.54 | -0.48 | +10.02 |
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Drawdowns
EAOM vs. TLT - Drawdown Comparison
The maximum EAOM drawdown since its inception was -20.73%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for EAOM and TLT.
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Drawdown Indicators
| EAOM | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.73% | -48.35% | +27.62% |
Max Drawdown (1Y)Largest decline over 1 year | -5.17% | -7.74% | +2.57% |
Max Drawdown (3Y)Largest decline over 3 years | -7.06% | -14.79% | +7.73% |
Max Drawdown (5Y)Largest decline over 5 years | -20.73% | -43.70% | +22.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.35% | — |
Current DrawdownCurrent decline from peak | -0.03% | -41.60% | +41.57% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -14.00% | +9.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 3.65% | -2.42% |
Volatility
EAOM vs. TLT - Volatility Comparison
The current volatility for iShares ESG Aware Moderate Allocation ETF (EAOM) is 2.15%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 2.51%. This indicates that EAOM experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EAOM | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.15% | 2.51% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 5.95% | 6.88% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.00% | 9.25% | -2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.18% | 15.74% | -7.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.92% | 14.83% | -6.91% |
EAOM vs. TLT - Expense Ratio Comparison
EAOM has a 0.18% expense ratio, which is higher than TLT's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EAOM vs. TLT - Dividend Comparison
EAOM's dividend yield for the trailing twelve months is around 2.84%, less than TLT's 4.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAOM iShares ESG Aware Moderate Allocation ETF | 2.84% | 2.89% | 2.89% | 2.70% | 1.93% | 1.32% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.70% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
EAOM and TLT have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TLT has higher volatility (2.51%) compared to EAOM (2.15%). In terms of maximum drawdown, EAOM dropped -20.73% vs TLT's -48.35%.
On 5-year performance, EAOM leads with 4.13% vs -7.75% for TLT. On fees, TLT is cheaper at 0.15% per year. On volatility, EAOM has been the lower-risk option at 2.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EAOM has performed better with a 4.13% return vs -7.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TLT is cheaper with a 0.15% expense ratio, compared with 0.18% for EAOM.
TLT has the higher dividend yield at 4.70%, compared with 2.84% for EAOM.
EAOM is categorized as Diversified Portfolio, while TLT is Government Bonds. EAOM tracks BlackRock ESG Aware Moderate Allocation Index, while TLT tracks ICE U.S. Treasury 20+ Year Bond Index. Their fees differ too: 0.18% for EAOM and 0.15% for TLT.
EAOM currently has the higher Sharpe Ratio (1.68 vs -0.19), 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.
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