MINV.L vs. AOR
Compare and contrast key facts about iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) and iShares Core Growth Allocation ETF (AOR).
MINV.L and AOR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MINV.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 30, 2012. 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. Both MINV.L and AOR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MINV.L or AOR.
Key characteristics
MINV.L | AOR | |
---|---|---|
YTD Return | 11.88% | 11.24% |
1Y Return | 12.39% | 18.37% |
3Y Return (Ann) | 6.67% | 3.26% |
5Y Return (Ann) | 5.14% | 7.15% |
10Y Return (Ann) | 10.37% | 6.40% |
Sharpe Ratio | 1.68 | 2.09 |
Daily Std Dev | 7.60% | 8.44% |
Max Drawdown | -20.38% | -24.44% |
Current Drawdown | -0.46% | 0.00% |
Correlation
The correlation between MINV.L and AOR is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MINV.L vs. AOR - Performance Comparison
In the year-to-date period, MINV.L achieves a 11.88% return, which is significantly higher than AOR's 11.24% return. Over the past 10 years, MINV.L has outperformed AOR with an annualized return of 10.37%, while AOR has yielded a comparatively lower 6.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MINV.L vs. AOR - Expense Ratio Comparison
MINV.L has a 0.35% expense ratio, which is higher than AOR's 0.25% expense ratio.
Risk-Adjusted Performance
MINV.L vs. AOR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) 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
MINV.L vs. AOR - Dividend Comparison
MINV.L has not paid dividends to shareholders, while AOR's dividend yield for the trailing twelve months is around 2.38%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares Edge MSCI World Minimum Volatility UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
iShares Core Growth Allocation ETF | 2.38% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% | 2.11% | 1.92% |
Drawdowns
MINV.L vs. AOR - Drawdown Comparison
The maximum MINV.L 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 MINV.L and AOR. For additional features, visit the drawdowns tool.
Volatility
MINV.L vs. AOR - Volatility Comparison
iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) and iShares Core Growth Allocation ETF (AOR) have volatilities of 2.53% and 2.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.