IAF.AX vs. IOO.AX
IAF.AX (iShares Core Composite Bond ETF) and IOO.AX (iShares Global 100 ETF (AU)) are both exchange-traded funds - IAF.AX is a Total Bond Market fund tracking the iShares Core Composite Bond Index, while IOO.AX is a Global Equities fund tracking the iShares Global 100 Index. Both are passively managed. Over the past 10 years, IAF.AX returned 1.51%/yr vs 26.38%/yr for IOO.AX. At a correlation of -0.03, they often move in opposite directions.
Performance
IAF.AX vs. IOO.AX - Performance Comparison
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Returns By Period
In the year-to-date period, IAF.AX achieves a 1.94% return, which is significantly lower than IOO.AX's 4.57% return. Over the past 10 years, IAF.AX has underperformed IOO.AX with an annualized return of 1.51%, while IOO.AX has yielded a comparatively higher 26.38% annualized return.
IAF.AX
- 1D
- -0.08%
- 1M
- -0.11%
- 6M
- 1.18%
- YTD
- 1.94%
- 1Y
- 1.47%
- 3Y*
- 3.56%
- 5Y*
- -0.08%
- 10Y*
- 1.51%
IOO.AX
- 1D
- -1.55%
- 1M
- 0.24%
- 6M
- 3.72%
- YTD
- 4.57%
- 1Y
- 17.05%
- 3Y*
- 21.30%
- 5Y*
- 16.79%
- 10Y*
- 26.38%
IAF.AX vs. IOO.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAF.AX iShares Core Composite Bond ETF | 1.94% | 2.97% | 2.70% | 4.96% | -9.82% | -3.09% | 3.92% | 7.29% | 4.19% | 3.38% |
IOO.AX iShares Global 100 ETF (AU) | 4.57% | 17.51% | 38.35% | 26.79% | -9.28% | 33.94% | 8.50% | 31.60% | 106.38% | 19.52% |
Correlation
The correlation between IAF.AX and IOO.AX is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2012 | -0.03 |
The correlation between IAF.AX and IOO.AX shifts across timeframes, from -0.03 (all time) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IAF.AX vs. IOO.AX — Risk / Return Rank
IAF.AX
IOO.AX
IAF.AX vs. IOO.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Composite Bond ETF (IAF.AX) and iShares Global 100 ETF (AU) (IOO.AX). 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.
| IAF.AX | IOO.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 1.33 | -0.93 |
| Martin ratioReturn relative to average drawdown | 0.84 | 3.76 | -2.92 |
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Drawdowns
IAF.AX vs. IOO.AX - Drawdown Comparison
The maximum IAF.AX drawdown since its inception was -15.62%, smaller than the maximum IOO.AX drawdown of -31.99%. Use the drawdown chart below to compare losses from any high point for IAF.AX and IOO.AX.
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Drawdown Indicators
| IAF.AX | IOO.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.62% | -31.99% | +16.37% |
Max Drawdown (1Y)Largest decline over 1 year | -3.57% | -12.31% | +8.74% |
Max Drawdown (3Y)Largest decline over 3 years | -3.65% | -16.21% | +12.56% |
Max Drawdown (5Y)Largest decline over 5 years | -15.10% | -17.02% | +1.92% |
Max Drawdown (10Y)Largest decline over 10 years | -15.62% | -22.18% | +6.56% |
Current DrawdownCurrent decline from peak | -2.00% | -1.55% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -6.80% | +3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 4.43% | -2.71% |
Volatility
IAF.AX vs. IOO.AX - Volatility Comparison
The current volatility for iShares Core Composite Bond ETF (IAF.AX) is 0.68%, while iShares Global 100 ETF (AU) (IOO.AX) has a volatility of 4.07%. This indicates that IAF.AX experiences smaller price fluctuations and is considered to be less risky than IOO.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAF.AX | IOO.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | 4.07% | -3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 2.70% | 9.31% | -6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.65% | 12.17% | -8.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.00% | 13.91% | -8.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.33% | 34.55% | -30.22% |
Dividends
IAF.AX vs. IOO.AX - Dividend Comparison
IAF.AX's dividend yield for the trailing twelve months is around 3.15%, more than IOO.AX's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAF.AX iShares Core Composite Bond ETF | 3.15% | 2.99% | 2.78% | 1.51% | 1.57% | 1.63% | 1.59% | 2.21% | 2.28% | 2.30% | 2.47% | 3.62% |
IOO.AX iShares Global 100 ETF (AU) | 0.93% | 0.77% | 0.51% | 1.90% | 3.18% | 1.85% | 1.89% | 3.35% | 1.22% | 6.14% | 3.68% | 5.90% |
Frequently Asked Questions
IAF.AX and IOO.AX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IAF.AX is categorized as Total Bond Market, while IOO.AX is Global Equities. IAF.AX tracks iShares Core Composite Bond Index, while IOO.AX tracks iShares Global 100 Index.
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