SPBC vs. AOA
Compare and contrast key facts about Simplify US Equity PLUS GBTC ETF (SPBC) and iShares Core Aggressive Allocation ETF (AOA).
SPBC and AOA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPBC is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 24, 2021. 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: SPBC or AOA.
Correlation
The correlation between SPBC and AOA is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPBC vs. AOA - Performance Comparison
Key characteristics
SPBC:
2.08
AOA:
1.33
SPBC:
2.72
AOA:
1.84
SPBC:
1.37
AOA:
1.24
SPBC:
3.30
AOA:
2.09
SPBC:
12.66
AOA:
7.69
SPBC:
2.66%
AOA:
1.70%
SPBC:
16.18%
AOA:
9.86%
SPBC:
-33.81%
AOA:
-28.38%
SPBC:
-5.27%
AOA:
-4.08%
Returns By Period
In the year-to-date period, SPBC achieves a -0.19% return, which is significantly higher than AOA's -0.91% return.
SPBC
-0.19%
-4.71%
7.50%
34.31%
N/A
N/A
AOA
-0.91%
-3.30%
0.00%
12.81%
7.38%
7.75%
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SPBC vs. AOA - Expense Ratio Comparison
SPBC has a 0.50% expense ratio, which is higher than AOA's 0.25% expense ratio.
Risk-Adjusted Performance
SPBC vs. AOA — Risk-Adjusted Performance Rank
SPBC
AOA
SPBC vs. AOA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS GBTC ETF (SPBC) 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
SPBC vs. AOA - Dividend Comparison
SPBC's dividend yield for the trailing twelve months is around 0.99%, less than AOA's 2.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPBC Simplify US Equity PLUS GBTC ETF | 0.99% | 0.98% | 3.79% | 0.60% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AOA iShares Core Aggressive Allocation ETF | 2.32% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.02% | 2.15% | 2.18% |
Drawdowns
SPBC vs. AOA - Drawdown Comparison
The maximum SPBC drawdown since its inception was -33.81%, which is greater than AOA's maximum drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for SPBC and AOA. For additional features, visit the drawdowns tool.
Volatility
SPBC vs. AOA - Volatility Comparison
Simplify US Equity PLUS GBTC ETF (SPBC) has a higher volatility of 5.68% compared to iShares Core Aggressive Allocation ETF (AOA) at 3.41%. This indicates that SPBC's price experiences larger fluctuations and is considered to be riskier than AOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.