TUGN vs. AOA

Last updated Jun 24, 2026

TUGN (STF Tactical Growth & Income ETF) and AOA (iShares Core 80/20 Aggressive Allocation ETF) are both Diversified Portfolio funds. TUGN is actively managed, while AOA is passively managed. Over the past 3 years, TUGN returned 20.91%/yr vs 16.66%/yr for AOA. A 0.78 correlation means they provide meaningful diversification when combined. TUGN charges 0.65%/yr vs 0.15%/yr for AOA.

Performance

TUGN vs. AOA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STF Tactical Growth & Income ETF (TUGN) and iShares Core 80/20 Aggressive Allocation ETF (AOA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TUGN achieves a 15.79% return, which is significantly higher than AOA's 8.19% return.

TUGN

• 1D: -1.93%
• 1M: 0.55%
• YTD: 15.79%
• 6M: 14.77%
• 1Y: 31.29%
• 3Y*: 20.91%
• 5Y*: —
• 10Y*: —

AOA

• 1D: -1.54%
• 1M: -0.18%
• YTD: 8.19%
• 6M: 7.63%
• 1Y: 21.66%
• 3Y*: 16.66%
• 5Y*: 8.78%
• 10Y*: 10.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TUGN vs. AOA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TUGN STF Tactical Growth & Income ETF	15.79%	19.11%	18.44%	34.84%	-18.78%
AOA iShares Core 80/20 Aggressive Allocation ETF	8.19%	19.59%	13.55%	18.27%	-1.37%

Correlation

The correlation between TUGN and AOA is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.78

The correlation between TUGN and AOA has been stable across timeframes, ranging from 0.78 to 0.86 - a consistent structural relationship.

Return for Risk

TUGN vs. AOA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TUGN

TUGN Risk / Return Rank: 55
TUGN Sharpe Ratio Rank: 59
TUGN Sortino Ratio Rank: 55
TUGN Omega Ratio Rank: 59
TUGN Calmar Ratio Rank: 52
TUGN Martin Ratio Rank: 51

AOA

AOA Risk / Return Rank: 60
AOA Sharpe Ratio Rank: 60
AOA Sortino Ratio Rank: 59
AOA Omega Ratio Rank: 61
AOA Calmar Ratio Rank: 56
AOA Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TUGN vs. AOA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STF Tactical Growth & Income ETF (TUGN) 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.

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.

	TUGN	AOA	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.94	-0.06
Sortino ratio: Return per unit of downside risk	2.48	2.70	-0.22
Omega ratio: Gain probability vs. loss probability	1.34	1.36	-0.02
Calmar ratio: Return relative to maximum drawdown	2.43	2.65	-0.23
Martin ratio: Return relative to average drawdown	8.24	11.52	-3.27

TUGN vs. AOA - Sharpe Ratio Comparison

The current TUGN Sharpe Ratio is 1.87, which is comparable to the AOA Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of TUGN and AOA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TUGN vs. AOA - Drawdown Comparison

The maximum TUGN drawdown since its inception was -23.45%, smaller than the maximum AOA drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for TUGN and AOA.

Drawdown Indicators

	TUGN	AOA	Difference
Max Drawdown Largest peak-to-trough decline	-23.45%	-28.38%	+4.93%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-8.20%	-4.76%
Max Drawdown (3Y) Largest decline over 3 years	-21.60%	-12.94%	-8.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.38%	—
Current Drawdown Current decline from peak	-3.27%	-2.08%	-1.19%
Average Drawdown Average peak-to-trough decline	-6.38%	-4.04%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	1.88%	+1.92%

Volatility

TUGN vs. AOA - Volatility Comparison

STF Tactical Growth & Income ETF (TUGN) has a higher volatility of 8.01% compared to iShares Core 80/20 Aggressive Allocation ETF (AOA) at 4.43%. This indicates that TUGN'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.

Volatility by Period

	TUGN	AOA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.01%	4.43%	+3.58%
Volatility (6M) Calculated over the trailing 6-month period	13.65%	9.34%	+4.31%
Volatility (1Y) Calculated over the trailing 1-year period	16.81%	11.25%	+5.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.32%	13.09%	+4.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.32%	13.51%	+3.81%

TUGN vs. AOA - Expense Ratio Comparison

TUGN has a 0.65% expense ratio, which is higher than AOA's 0.15% expense ratio.

Dividends

TUGN vs. AOA - Dividend Comparison

TUGN's dividend yield for the trailing twelve months is around 10.82%, more than AOA's 2.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOA iShares Core 80/20 Aggressive Allocation ETF	2.08%	2.18%	2.30%	2.22%	2.10%	1.67%	1.71%	2.50%	2.37%	5.09%	2.26%	2.15%
TUGN STF Tactical Growth & Income ETF	10.82%	11.50%	11.84%	10.83%	7.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TUGN and AOA in my portfolio?

TUGN and AOA have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TUGN or AOA?

TUGN has higher volatility (8.01%) compared to AOA (4.43%). In terms of maximum drawdown, TUGN dropped -23.45% vs AOA's -28.38%.

Which ETF is better, TUGN or AOA?

On 3-year performance, TUGN leads with 20.91% vs 16.66% for AOA. On fees, AOA is cheaper at 0.15% per year. On volatility, AOA has been the lower-risk option at 4.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TUGN or AOA?

Over the 3-year period, TUGN has performed better with a 20.91% return vs 16.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TUGN or AOA?

AOA is cheaper with a 0.15% expense ratio, compared with 0.65% for TUGN.

Which ETF pays a higher dividend yield, TUGN or AOA?

TUGN has the higher dividend yield at 10.82%, compared with 2.08% for AOA.

What is the main difference between TUGN and AOA?

They also come from different issuers: STF and iShares. Their fees differ too: 0.65% for TUGN and 0.15% for AOA.

Which has better risk-adjusted returns?

AOA currently has the higher Sharpe Ratio (1.94 vs 1.87), 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.