VTI vs. AOR
VTI (Vanguard Total Stock Market ETF) and AOR (iShares Core 60/40 Balanced Allocation ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while AOR is a Diversified Portfolio fund tracking the S&P Target Risk Growth Index. Both are passively managed. Over the past 10 years, VTI returned 15.02%/yr vs 8.52%/yr for AOR. Their correlation of 0.91 suggests significant overlap in exposure. VTI charges 0.03%/yr vs 0.15%/yr for AOR.
Performance
VTI vs. AOR - Performance Comparison
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Returns By Period
In the year-to-date period, VTI achieves a 9.62% return, which is significantly higher than AOR's 6.83% return. Over the past 10 years, VTI has outperformed AOR with an annualized return of 15.02%, while AOR has yielded a comparatively lower 8.52% annualized return.
VTI
- 1D
- 0.57%
- 1M
- -0.28%
- YTD
- 9.62%
- 6M
- 9.69%
- 1Y
- 26.27%
- 3Y*
- 20.60%
- 5Y*
- 12.20%
- 10Y*
- 15.02%
AOR
- 1D
- 0.26%
- 1M
- 0.22%
- YTD
- 6.83%
- 6M
- 7.42%
- 1Y
- 18.25%
- 3Y*
- 13.55%
- 5Y*
- 6.78%
- 10Y*
- 8.52%
VTI vs. AOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTI Vanguard Total Stock Market ETF | 9.62% | 17.10% | 23.81% | 26.05% | -19.52% | 25.68% | 21.08% | 30.67% | -5.23% | 21.21% |
AOR iShares Core 60/40 Balanced Allocation ETF | 6.83% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 18.91% | -5.82% | 15.80% |
Correlation
The correlation between VTI and AOR 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 (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2008 | 0.91 |
The correlation between VTI and AOR has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
VTI vs. AOR — Risk / Return Rank
VTI
AOR
VTI vs. AOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) and iShares Core 60/40 Balanced Allocation ETF (AOR). 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.
| VTI | AOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.36 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 2.58 | +0.21 |
| Martin ratioReturn relative to average drawdown | 12.52 | 11.10 | +1.42 |
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Drawdowns
VTI vs. AOR - Drawdown Comparison
The maximum VTI drawdown since its inception was -55.45%, which is greater than AOR's maximum drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for VTI and AOR.
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Drawdown Indicators
| VTI | AOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.45% | -24.44% | -31.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.92% | -6.64% | -2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -19.30% | -9.77% | -9.53% |
Max Drawdown (5Y)Largest decline over 5 years | -25.36% | -21.72% | -3.64% |
Max Drawdown (10Y)Largest decline over 10 years | -35.00% | -22.95% | -12.05% |
Current DrawdownCurrent decline from peak | -2.14% | -1.05% | -1.09% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -3.47% | -4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 1.55% | +0.44% |
Volatility
VTI vs. AOR - Volatility Comparison
Vanguard Total Stock Market ETF (VTI) has a higher volatility of 4.50% compared to iShares Core 60/40 Balanced Allocation ETF (AOR) at 3.50%. This indicates that VTI's price experiences larger fluctuations and is considered to be riskier than AOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTI | AOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 3.50% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 7.32% | +2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.64% | 8.85% | +3.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 10.61% | +6.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 10.70% | +7.63% |
VTI vs. AOR - Expense Ratio Comparison
VTI has a 0.03% expense ratio, which is lower than AOR's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VTI vs. AOR - Dividend Comparison
VTI's dividend yield for the trailing twelve months is around 1.03%, less than AOR's 2.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 2.48% | 2.55% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% |
VTI Vanguard Total Stock Market ETF | 1.03% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
Frequently Asked Questions
With a correlation of 0.94, VTI and AOR 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.
VTI has higher volatility (4.50%) compared to AOR (3.50%). In terms of maximum drawdown, VTI dropped -55.45% vs AOR's -24.44%.
On 10-year performance, VTI leads with 15.02% vs 8.52% for AOR. On fees, VTI is cheaper at 0.03% per year. On volatility, AOR has been the lower-risk option at 3.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VTI has performed better with a 15.02% return vs 8.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTI is cheaper with a 0.03% expense ratio, compared with 0.15% for AOR.
AOR has the higher dividend yield at 2.48%, compared with 1.03% for VTI.
VTI is categorized as Large Cap Blend Equities, while AOR is Diversified Portfolio. VTI tracks CRSP US Total Market Index, while AOR tracks S&P Target Risk Growth Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.03% for VTI and 0.15% for AOR.
VTI currently has the higher Sharpe Ratio (1.97 vs 1.94), 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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