RAA vs. EAOA
RAA (SMI 3Fourteen REAL Asset Allocation ETF) and EAOA (iShares ESG Aware Aggressive Allocation ETF) are both Diversified Portfolio funds. RAA is actively managed, while EAOA is passively managed. Over the past year, RAA returned 21.28% vs 24.55% for EAOA. Their correlation of 0.94 suggests significant overlap in exposure. RAA charges 0.85%/yr vs 0.18%/yr for EAOA.
Performance
RAA vs. EAOA - Performance Comparison
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Returns By Period
In the year-to-date period, RAA achieves a 8.82% return, which is significantly lower than EAOA's 10.12% return.
RAA
- 1D
- -0.16%
- 1M
- -0.64%
- YTD
- 8.82%
- 6M
- 8.51%
- 1Y
- 21.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EAOA
- 1D
- -0.16%
- 1M
- 1.73%
- YTD
- 10.12%
- 6M
- 9.94%
- 1Y
- 24.55%
- 3Y*
- 17.05%
- 5Y*
- 8.61%
- 10Y*
- —
RAA vs. EAOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RAA SMI 3Fourteen REAL Asset Allocation ETF | 8.82% | 11.92% |
EAOA iShares ESG Aware Aggressive Allocation ETF | 10.12% | 15.41% |
Correlation
The correlation between RAA and EAOA is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2025 | 0.94 |
The correlation between RAA and EAOA has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.
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Return for Risk
RAA vs. EAOA — Risk / Return Rank
RAA
EAOA
RAA vs. EAOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SMI 3Fourteen REAL Asset Allocation ETF (RAA) and iShares ESG Aware Aggressive Allocation ETF (EAOA). 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.
| RAA | EAOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.40 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 3.02 | +0.60 |
| Martin ratioReturn relative to average drawdown | 13.63 | 13.09 | +0.54 |
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Drawdowns
RAA vs. EAOA - Drawdown Comparison
The maximum RAA drawdown since its inception was -11.96%, smaller than the maximum EAOA drawdown of -25.06%. Use the drawdown chart below to compare losses from any high point for RAA and EAOA.
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Drawdown Indicators
| RAA | EAOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.96% | -25.06% | +13.10% |
Max Drawdown (1Y)Largest decline over 1 year | -5.91% | -8.17% | +2.26% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.84% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.06% | — |
Current DrawdownCurrent decline from peak | -2.39% | -0.54% | -1.85% |
Average DrawdownAverage peak-to-trough decline | -1.48% | -5.28% | +3.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.88% | -0.32% |
Volatility
RAA vs. EAOA - Volatility Comparison
The current volatility for SMI 3Fourteen REAL Asset Allocation ETF (RAA) is 3.90%, while iShares ESG Aware Aggressive Allocation ETF (EAOA) has a volatility of 4.34%. This indicates that RAA experiences smaller price fluctuations and is considered to be less risky than EAOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RAA | EAOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 4.34% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 8.18% | 9.39% | -1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.11% | 11.35% | -1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.86% | 13.35% | -0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.86% | 13.19% | -0.33% |
RAA vs. EAOA - Expense Ratio Comparison
RAA has a 0.85% expense ratio, which is higher than EAOA's 0.18% expense ratio.
Dividends
RAA vs. EAOA - Dividend Comparison
RAA's dividend yield for the trailing twelve months is around 2.11%, more than EAOA's 1.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EAOA iShares ESG Aware Aggressive Allocation ETF | 1.95% | 2.10% | 2.09% | 2.21% | 1.93% | 1.48% | 1.12% |
RAA SMI 3Fourteen REAL Asset Allocation ETF | 2.11% | 2.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, RAA and EAOA 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.
EAOA has higher volatility (4.34%) compared to RAA (3.90%). In terms of maximum drawdown, RAA dropped -11.96% vs EAOA's -25.06%.
On 1-year performance, EAOA leads with 24.55% vs 21.28% for RAA. On fees, EAOA is cheaper at 0.18% per year. On volatility, RAA has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EAOA has performed better with a 24.55% return vs 21.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EAOA is cheaper with a 0.18% expense ratio, compared with 0.85% for RAA.
RAA has the higher dividend yield at 2.11%, compared with 1.95% for EAOA.
They also come from different issuers: SMI Advisory Services and iShares. Their fees differ too: 0.85% for RAA and 0.18% for EAOA.
EAOA currently has the higher Sharpe Ratio (2.18 vs 2.12), 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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