GIAX vs. AOR
Compare and contrast key facts about Nicholas Global Equity and Income ETF (GIAX) and iShares Core Growth Allocation ETF (AOR).
GIAX and AOR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GIAX is an actively managed fund by Nicholas Wealth Management. It was launched on Jul 29, 2024. 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: GIAX or AOR.
Correlation
The correlation between GIAX and AOR is 0.90, 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
GIAX vs. AOR - Performance Comparison
Key characteristics
GIAX:
21.89%
AOR:
10.95%
GIAX:
-20.38%
AOR:
-24.44%
GIAX:
-10.33%
AOR:
-3.53%
Returns By Period
In the year-to-date period, GIAX achieves a -6.22% return, which is significantly lower than AOR's -0.04% return.
GIAX
-6.22%
-3.87%
-6.50%
N/A
N/A
N/A
AOR
-0.04%
-1.89%
-0.71%
8.60%
8.09%
5.80%
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GIAX vs. AOR - Expense Ratio Comparison
GIAX has a 0.97% expense ratio, which is higher than AOR's 0.25% expense ratio.
Risk-Adjusted Performance
GIAX vs. AOR — Risk-Adjusted Performance Rank
GIAX
AOR
GIAX vs. AOR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Global Equity and Income ETF (GIAX) 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.
Not enough dataDividends
GIAX vs. AOR - Dividend Comparison
GIAX's dividend yield for the trailing twelve months is around 18.66%, more than AOR's 2.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIAX Nicholas Global Equity and Income ETF | 18.66% | 10.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AOR iShares Core Growth Allocation ETF | 2.72% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% | 2.11% |
Drawdowns
GIAX vs. AOR - Drawdown Comparison
The maximum GIAX drawdown since its inception was -20.38%, smaller than the maximum AOR drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for GIAX and AOR. For additional features, visit the drawdowns tool.
Volatility
GIAX vs. AOR - Volatility Comparison
Nicholas Global Equity and Income ETF (GIAX) has a higher volatility of 14.20% compared to iShares Core Growth Allocation ETF (AOR) at 7.55%. This indicates that GIAX'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.