FFNOX vs. AOR
Compare and contrast key facts about Fidelity Multi-Asset Index Fund (FFNOX) and iShares Core Growth Allocation ETF (AOR).
FFNOX is managed by Fidelity. It was launched on Jun 29, 1999. AOR is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Growth Index. It was launched on Nov 4, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFNOX or AOR.
Correlation
The correlation between FFNOX and AOR is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FFNOX vs. AOR - Performance Comparison
Key characteristics
FFNOX:
1.01
AOR:
1.66
FFNOX:
1.37
AOR:
2.33
FFNOX:
1.19
AOR:
1.30
FFNOX:
1.13
AOR:
3.04
FFNOX:
4.43
AOR:
9.12
FFNOX:
2.56%
AOR:
1.45%
FFNOX:
11.24%
AOR:
7.98%
FFNOX:
-48.68%
AOR:
-24.44%
FFNOX:
-1.79%
AOR:
-0.10%
Returns By Period
In the year-to-date period, FFNOX achieves a 4.92% return, which is significantly higher than AOR's 3.51% return. Over the past 10 years, FFNOX has outperformed AOR with an annualized return of 7.02%, while AOR has yielded a comparatively lower 6.40% annualized return.
FFNOX
4.92%
2.07%
3.57%
11.65%
6.29%
7.02%
AOR
3.51%
1.71%
4.52%
13.37%
6.47%
6.40%
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FFNOX vs. AOR - Expense Ratio Comparison
FFNOX has a 0.11% expense ratio, which is lower than AOR's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FFNOX vs. AOR — Risk-Adjusted Performance Rank
FFNOX
AOR
FFNOX vs. AOR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Multi-Asset Index Fund (FFNOX) and iShares Core Growth Allocation ETF (AOR). 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
FFNOX vs. AOR - Dividend Comparison
FFNOX's dividend yield for the trailing twelve months is around 2.04%, less than AOR's 2.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFNOX Fidelity Multi-Asset Index Fund | 2.04% | 2.14% | 3.83% | 2.04% | 1.87% | 1.59% | 2.25% | 2.25% | 1.86% | 2.09% | 2.50% | 4.56% |
AOR iShares Core Growth Allocation ETF | 2.57% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% | 2.11% |
Drawdowns
FFNOX vs. AOR - Drawdown Comparison
The maximum FFNOX drawdown since its inception was -48.68%, which is greater than AOR's maximum drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for FFNOX and AOR. For additional features, visit the drawdowns tool.
Volatility
FFNOX vs. AOR - Volatility Comparison
Fidelity Multi-Asset Index Fund (FFNOX) has a higher volatility of 2.45% compared to iShares Core Growth Allocation ETF (AOR) at 1.85%. This indicates that FFNOX's price experiences larger fluctuations and is considered to be riskier than AOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.