MVFD vs. AOA
MVFD (Monarch Volume Factor Dividend Tree ETF) and AOA (iShares Core 80/20 Aggressive Allocation ETF) are both Diversified Portfolio funds - MVFD tracks the Monarch Volume Factor Dividend Tree Index while AOA tracks the S&P Target Risk Aggressive Index. Both are passively managed. Over the past year, MVFD returned 23.32% vs 24.17% for AOA. A 0.66 correlation means they provide meaningful diversification when combined. MVFD charges 1.19%/yr vs 0.15%/yr for AOA.
Performance
MVFD vs. AOA - Performance Comparison
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Returns By Period
In the year-to-date period, MVFD achieves a 9.07% return, which is significantly lower than AOA's 10.13% return.
MVFD
- 1D
- 0.26%
- 1M
- -0.44%
- YTD
- 9.07%
- 6M
- 7.23%
- 1Y
- 23.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOA
- 1D
- 0.18%
- 1M
- 3.39%
- YTD
- 10.13%
- 6M
- 10.89%
- 1Y
- 24.17%
- 3Y*
- 17.70%
- 5Y*
- 9.19%
- 10Y*
- 10.53%
MVFD vs. AOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MVFD Monarch Volume Factor Dividend Tree ETF | 9.07% | 10.09% | 5.21% |
AOA iShares Core 80/20 Aggressive Allocation ETF | 10.13% | 19.59% | 8.00% |
Correlation
The correlation between MVFD and AOA is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2024 | 0.66 |
The correlation between MVFD and AOA shifts across timeframes, from 0.54 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MVFD vs. AOA — Risk / Return Rank
MVFD
AOA
MVFD vs. AOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Monarch Volume Factor Dividend Tree ETF (MVFD) and iShares Core 80/20 Aggressive Allocation ETF (AOA). 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.
| MVFD | AOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.42 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 2.96 | -0.38 |
| Martin ratioReturn relative to average drawdown | 7.71 | 13.13 | -5.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MVFD | AOA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 2.28 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.69 | -0.04 |
Drawdowns
MVFD vs. AOA - Drawdown Comparison
The maximum MVFD drawdown since its inception was -19.07%, smaller than the maximum AOA drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for MVFD and AOA.
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Drawdown Indicators
| MVFD | AOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.07% | -28.38% | +9.31% |
Max Drawdown (1Y)Largest decline over 1 year | -9.08% | -8.20% | -0.88% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.94% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.38% | — |
Current DrawdownCurrent decline from peak | -2.26% | -0.31% | -1.95% |
Average DrawdownAverage peak-to-trough decline | -3.94% | -4.05% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 1.85% | +1.18% |
Volatility
MVFD vs. AOA - Volatility Comparison
Monarch Volume Factor Dividend Tree ETF (MVFD) and iShares Core 80/20 Aggressive Allocation ETF (AOA) have volatilities of 3.18% and 3.16%, 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.
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Volatility by Period
| MVFD | AOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 3.16% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 10.36% | 8.51% | +1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.14% | 10.63% | +4.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.04% | 12.97% | +4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.04% | 13.54% | +3.50% |
MVFD vs. AOA - Expense Ratio Comparison
MVFD has a 1.19% expense ratio, which is higher than AOA's 0.15% expense ratio.
Dividends
MVFD vs. AOA - Dividend Comparison
MVFD's dividend yield for the trailing twelve months is around 1.44%, less than AOA's 2.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOA iShares Core 80/20 Aggressive Allocation ETF | 2.04% | 2.18% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.26% | 2.15% |
MVFD Monarch Volume Factor Dividend Tree ETF | 1.44% | 1.34% | 1.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MVFD and AOA have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MVFD has higher volatility (3.18%) compared to AOA (3.16%). In terms of maximum drawdown, MVFD dropped -19.07% vs AOA's -28.38%.
On 1-year performance, AOA leads with 24.17% vs 23.32% for MVFD. On fees, AOA is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AOA has performed better with a 24.17% return vs 23.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOA is cheaper with a 0.15% expense ratio, compared with 1.19% for MVFD.
AOA has the higher dividend yield at 2.04%, compared with 1.44% for MVFD.
MVFD tracks Monarch Volume Factor Dividend Tree Index, while AOA tracks S&P Target Risk Aggressive Index. They also come from different issuers: Monarch and iShares. Their fees differ too: 1.19% for MVFD and 0.15% for AOA.
AOA currently has the higher Sharpe Ratio (2.28 vs 1.55), 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.
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