RIGS vs. AOA
Compare and contrast key facts about RiverFront Strategic Income Fund (RIGS) and iShares Core Aggressive Allocation ETF (AOA).
RIGS and AOA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RIGS is an actively managed fund by SS&C. It was launched on Oct 9, 2013. AOA is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Aggressive Index. It was launched on Nov 4, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RIGS or AOA.
Correlation
The correlation between RIGS and AOA is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RIGS vs. AOA - Performance Comparison
Key characteristics
RIGS:
0.74
AOA:
0.67
RIGS:
1.16
AOA:
1.03
RIGS:
1.15
AOA:
1.15
RIGS:
1.31
AOA:
0.73
RIGS:
4.46
AOA:
3.34
RIGS:
1.52%
AOA:
2.81%
RIGS:
9.18%
AOA:
14.04%
RIGS:
-15.31%
AOA:
-28.38%
RIGS:
-1.58%
AOA:
-4.54%
Returns By Period
In the year-to-date period, RIGS achieves a 0.82% return, which is significantly higher than AOA's -0.30% return. Over the past 10 years, RIGS has underperformed AOA with an annualized return of 2.86%, while AOA has yielded a comparatively higher 7.14% annualized return.
RIGS
0.82%
0.41%
1.99%
7.24%
3.24%
2.86%
AOA
-0.30%
-1.36%
-0.79%
9.96%
10.97%
7.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RIGS vs. AOA - Expense Ratio Comparison
RIGS has a 0.48% expense ratio, which is higher than AOA's 0.25% expense ratio.
Risk-Adjusted Performance
RIGS vs. AOA — Risk-Adjusted Performance Rank
RIGS
AOA
RIGS vs. AOA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Strategic Income Fund (RIGS) and iShares Core 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.
Dividends
RIGS vs. AOA - Dividend Comparison
RIGS's dividend yield for the trailing twelve months is around 4.70%, more than AOA's 2.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIGS RiverFront Strategic Income Fund | 4.70% | 4.49% | 3.48% | 2.71% | 2.47% | 3.44% | 3.87% | 4.54% | 4.45% | 4.46% | 3.61% | 3.31% |
AOA iShares Core Aggressive Allocation ETF | 2.33% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.02% | 2.15% | 2.18% |
Drawdowns
RIGS vs. AOA - Drawdown Comparison
The maximum RIGS drawdown since its inception was -15.31%, smaller than the maximum AOA drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for RIGS and AOA. For additional features, visit the drawdowns tool.
Volatility
RIGS vs. AOA - Volatility Comparison
The current volatility for RiverFront Strategic Income Fund (RIGS) is 4.51%, while iShares Core Aggressive Allocation ETF (AOA) has a volatility of 9.92%. This indicates that RIGS experiences smaller price fluctuations and is considered to be less risky than AOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.