RAA vs. EAOR
RAA (SMI 3Fourteen REAL Asset Allocation ETF) and EAOR (iShares ESG Aware Growth Allocation ETF) are both Diversified Portfolio funds. RAA is actively managed, while EAOR is passively managed. Over the past year, RAA returned 21.28% vs 19.45% for EAOR. Their correlation of 0.94 suggests significant overlap in exposure. RAA charges 0.85%/yr vs 0.18%/yr for EAOR.
Performance
RAA vs. EAOR - Performance Comparison
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Returns By Period
In the year-to-date period, RAA achieves a 8.82% return, which is significantly higher than EAOR's 7.66% return.
RAA
- 1D
- -0.16%
- 1M
- -0.64%
- YTD
- 8.82%
- 6M
- 8.51%
- 1Y
- 21.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EAOR
- 1D
- -0.18%
- 1M
- 1.45%
- YTD
- 7.66%
- 6M
- 7.49%
- 1Y
- 19.45%
- 3Y*
- 13.74%
- 5Y*
- 6.46%
- 10Y*
- —
RAA vs. EAOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RAA SMI 3Fourteen REAL Asset Allocation ETF | 8.82% | 11.92% |
EAOR iShares ESG Aware Growth Allocation ETF | 7.66% | 12.87% |
Correlation
The correlation between RAA and EAOR is 0.93, 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 | 0.93 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2025 | 0.94 |
The correlation between RAA and EAOR has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.
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Return for Risk
RAA vs. EAOR — Risk / Return Rank
RAA
EAOR
RAA vs. EAOR - 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 Growth Allocation ETF (EAOR). 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 | EAOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.40 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 2.95 | +0.66 |
| Martin ratioReturn relative to average drawdown | 13.63 | 12.67 | +0.96 |
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Drawdowns
RAA vs. EAOR - Drawdown Comparison
The maximum RAA drawdown since its inception was -11.96%, smaller than the maximum EAOR drawdown of -22.91%. Use the drawdown chart below to compare losses from any high point for RAA and EAOR.
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Drawdown Indicators
| RAA | EAOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.96% | -22.91% | +10.95% |
Max Drawdown (1Y)Largest decline over 1 year | -5.91% | -6.62% | +0.71% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.28% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.91% | — |
Current DrawdownCurrent decline from peak | -2.39% | -0.50% | -1.89% |
Average DrawdownAverage peak-to-trough decline | -1.48% | -5.02% | +3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.54% | +0.02% |
Volatility
RAA vs. EAOR - Volatility Comparison
SMI 3Fourteen REAL Asset Allocation ETF (RAA) has a higher volatility of 3.90% compared to iShares ESG Aware Growth Allocation ETF (EAOR) at 3.54%. This indicates that RAA's price experiences larger fluctuations and is considered to be riskier than EAOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RAA | EAOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 3.54% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 8.18% | 7.51% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.11% | 9.04% | +1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.86% | 10.60% | +2.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.86% | 10.43% | +2.43% |
RAA vs. EAOR - Expense Ratio Comparison
RAA has a 0.85% expense ratio, which is higher than EAOR's 0.18% expense ratio.
Dividends
RAA vs. EAOR - Dividend Comparison
RAA's dividend yield for the trailing twelve months is around 2.11%, less than EAOR's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EAOR iShares ESG Aware Growth Allocation ETF | 2.33% | 2.45% | 2.52% | 2.39% | 1.99% | 1.39% | 1.07% |
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 0.93, RAA and EAOR 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.
RAA has higher volatility (3.90%) compared to EAOR (3.54%). In terms of maximum drawdown, RAA dropped -11.96% vs EAOR's -22.91%.
On 1-year performance, RAA leads with 21.28% vs 19.45% for EAOR. On fees, EAOR is cheaper at 0.18% per year. On volatility, EAOR has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, RAA has performed better with a 21.28% return vs 19.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EAOR is cheaper with a 0.18% expense ratio, compared with 0.85% for RAA.
EAOR has the higher dividend yield at 2.33%, compared with 2.11% for RAA.
They also come from different issuers: SMI Advisory Services and iShares. Their fees differ too: 0.85% for RAA and 0.18% for EAOR.
EAOR currently has the higher Sharpe Ratio (2.16 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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