MALOX vs. AOR
MALOX (BlackRock Global Allocation Fund) and AOR (iShares Core 60/40 Balanced Allocation ETF) are both funds - MALOX is a Global Allocation fund managed by BlackRock, while AOR is a Diversified Portfolio fund tracking the S&P Target Risk Growth Index. Over the past 10 years, MALOX returned 8.57%/yr vs 8.52%/yr for AOR. Their correlation of 0.92 suggests significant overlap in exposure. MALOX charges 0.81%/yr vs 0.15%/yr for AOR.
Performance
MALOX vs. AOR - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with MALOX having a 6.67% return and AOR slightly higher at 6.83%. Both investments have delivered pretty close results over the past 10 years, with MALOX having a 8.57% annualized return and AOR not far behind at 8.52%.
MALOX
- 1D
- 1.82%
- 1M
- 0.37%
- YTD
- 6.67%
- 6M
- 7.72%
- 1Y
- 17.20%
- 3Y*
- 13.96%
- 5Y*
- 5.62%
- 10Y*
- 8.57%
AOR
- 1D
- 0.26%
- 1M
- 0.49%
- YTD
- 6.83%
- 6M
- 7.42%
- 1Y
- 17.08%
- 3Y*
- 13.55%
- 5Y*
- 6.78%
- 10Y*
- 8.52%
MALOX vs. AOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MALOX BlackRock Global Allocation Fund | 6.67% | 19.63% | 9.23% | 12.63% | -15.86% | 6.69% | 24.93% | 17.56% | -7.40% | 13.59% |
AOR iShares Core 60/40 Balanced Allocation ETF | 6.83% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 18.91% | -5.82% | 15.80% |
Correlation
The correlation between MALOX and AOR is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2008 | 0.92 |
The correlation between MALOX and AOR has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MALOX vs. AOR — Risk / Return Rank
MALOX
AOR
MALOX vs. AOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Allocation Fund (MALOX) and iShares Core 60/40 Balanced 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.
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.
| MALOX | AOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.36 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 2.58 | -0.43 |
| Martin ratioReturn relative to average drawdown | 9.17 | 11.10 | -1.93 |
Loading charts...
Drawdowns
MALOX vs. AOR - Drawdown Comparison
The maximum MALOX drawdown since its inception was -32.83%, which is greater than AOR's maximum drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for MALOX and AOR.
Loading charts...
Drawdown Indicators
| MALOX | AOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.83% | -24.44% | -8.39% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -6.64% | -1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -10.04% | -9.77% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -22.76% | -21.72% | -1.04% |
Max Drawdown (10Y)Largest decline over 10 years | -22.76% | -22.95% | +0.19% |
Current DrawdownCurrent decline from peak | -1.45% | -1.05% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -3.47% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 1.55% | +0.40% |
Volatility
MALOX vs. AOR - Volatility Comparison
BlackRock Global Allocation Fund (MALOX) has a higher volatility of 4.13% compared to iShares Core 60/40 Balanced Allocation ETF (AOR) at 3.50%. This indicates that MALOX'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.
Loading charts...
Volatility by Period
| MALOX | AOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 3.50% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.50% | 7.32% | +1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.10% | 8.85% | +1.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.96% | 10.61% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.75% | 10.70% | +0.05% |
MALOX vs. AOR - Expense Ratio Comparison
MALOX has a 0.81% expense ratio, which is higher than AOR's 0.15% expense ratio.
Dividends
MALOX vs. AOR - Dividend Comparison
MALOX's dividend yield for the trailing twelve months is around 8.64%, more than AOR's 2.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 2.48% | 2.55% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% |
MALOX BlackRock Global Allocation Fund | 8.64% | 9.22% | 7.68% | 1.54% | 6.01% | 10.32% | 10.15% | 5.68% | 5.50% | 4.81% | 2.10% | 9.86% |
Frequently Asked Questions
With a correlation of 0.96, MALOX and AOR 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.
MALOX has higher volatility (4.13%) compared to AOR (3.50%). In terms of maximum drawdown, MALOX dropped -32.83% vs AOR's -24.44%.
AOR currently has the higher Sharpe Ratio (1.94 vs 1.77), 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.
Find the right allocation for MALOX and AOR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer