AOR vs EAOR
iShares Core 60/40 Balanced Allocation ETF vs iShares ESG Aware 60/40 Balanced Allocation ETF
Which is better, AOR or EAOR?
Nearly the same fund. AOR costs less.
AOR has a lower expense ratio. AOR led over the full window, EAOR over 1Y. The two have moved almost in lockstep, correlation 1.00.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AOR | EAOR |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $4.0B | $33M |
| Dividend Yield | 2.58% | 2.39% |
| Holdings | 18 | 7 |
| Volatility (annualized) | 10.5%Best | 10.8% |
| Max Drawdown | -21.7%Best | -22.9% |
| $10,000 over 6.1 years | $17,125Best | $16,550 |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Allocation/Balanced | Allocation/Balanced |
| Style | Allocation/Balanced | Allocation/Balanced |
| Inception | Nov 4, 2008 | Jun 12, 2020 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 63 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AOR has data through Oct 14, 2026 and EAOR through Aug 12, 2026.
Volatility and max drawdown, and the $10,000 over 6.1 years row, are measured over the window both funds cover: Jun 18, 2020 to Aug 12, 2026 (6.1 years).
Risk: Volatility and Drawdowns
EAOR has been the more volatile fund, with annualized monthly volatility of 10.8% compared with 10.5% for AOR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -21.7% for AOR and -22.9% for EAOR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AOR charges 0.15% per year while EAOR charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, AOR currently yields 2.58% against 2.39% for EAOR.
Holdings Overlap
0.1% of AOR's money is in holdings EAOR also owns. 0.1% of EAOR's money is in holdings AOR also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 57 days apart, AOR as of Oct 1, 2026 and EAOR as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 8 positions we hold weights for in AOR and 6 in EAOR, against full books of 18 and 7.
What only one of them owns
Our book lists 5 positions for EAOR that do not appear in our book for AOR (99.9% of the fund), and 7 for AOR that do not appear in EAOR (99.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AOR | Weight in EAOR | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.10% | 0.10% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of AOR and EAOR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AOR or EAOR?
AOR has an expense ratio of 0.15% while EAOR charges 0.18%. AOR is the cheaper option, by $3 a year on a $10,000 investment.
Which is riskier, AOR or EAOR?
EAOR has been the more volatile fund at 10.8% annualized versus 10.5% for AOR. Worst drawdown: AOR -21.7% vs EAOR -22.9%.
Should I hold both AOR and EAOR?
AOR and EAOR have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AOR or EAOR?
AOR yields 2.58% while EAOR yields 2.39%, so AOR currently pays the higher dividend yield.
Is EAOR better than AOR?
AOR has a lower expense ratio. AOR led over the full window, EAOR over 1Y. The two have moved almost in lockstep, correlation 1.00. Which one suits a particular account depends on what it is for. This is information, not a recommendation.