AOA vs DDV: Grades, Fees and Holdings Compared

iShares Core 80/20 Aggressive Allocation ETF

AOAANYSE Arca

Defined Duration 5 ETF

DDVBCboe

Overlap

0.0%by weight

Expense ratio

AOA −0.10pt a year

AOA0.15%DDV0.25%

Avg volume · 30D

AOA 42.3×the volume

AOA135KDDV3.18K

AOA vs DDV Performance

Dec 31, 2025 – Nov 2, 2026

+8.7%AOA+2.9%DDV

Expense ratio: AOA 0.15%, better; DDV 0.25%
Fund size: AOA $3.32B; DDV $19M
1Y total return: AOA +10.0%; DDV No data
Yield (12M): AOA 2.19%; DDV No data
Holdings: AOA 34240; DDV 6
Avg volume (30D): AOA 135K sh, better; DDV 3.18K sh
NAV per share: AOA $96.21; DDV $25.21
52W range

ETF.net Grade

Pillar letters and Scores for AOA, DDV, with each pillar’s weight
Pillar	AOA	DDV
Cost30% weight	A93Higher	A86
Mission25% weight	A100	Not scored
Risk15% weight	B55	A76Higher
Tradability15% weight	A96Higher	D37
Holdings10% weight	A82	Not scored
Durability5% weight	A98Higher	F15

Rank among Multi-Asset Allocation funds

How we build Categories ›

Same Category. AOA and DDV are both graded against the same 37 Multi-Asset Allocation funds, so their Grades compare head to head.

Multi-Asset Allocation⁠

Category · 37 funds

See all 37 ›

AOA ranks 2nd and DDV 7th of 37 funds in the Multi-Asset Allocation Category.

Rank 1AUCBGState Street SPDR UC Investments 90/10 Endowment Strategy Index ETFScore 95
Rank 2AAOAiShares Core 80/20 Aggressive Allocation ETFScore 88
Rank 3AIRTRiShares LifePath Retirement ETFScore 86
Rank 6ATRTYCambria Trinity ETFScore 70
Rank 7BDDVDefined Duration 5 ETFScore 67
Rank 8BGALState Street Global Allocation ETFScore 64

Our read on each fund

ETF.net Research

AOAAiShares Core 80/20 Aggressive Allocation ETF

DDVBDefined Duration 5 ETF

In short

AOA A whole portfolio in one ticker. Since 2008, AOA has held a fixed 80/20 mix of global stock and bond index funds, with its index rebalancing the split back to target twice a year. No spreadsheet required.

DDV No data

Stated mandate

AOA The Fund seeks to follow an index of equity and fixed-income ETFs designed for an aggressive target-risk allocation. It offers a diversified portfolio emphasizing growth and relatively higher equity exposure.

DDV No data

Why people hold it

AOA One trade buys a handful of underlying iShares index funds spanning global stocks and bonds, with the 80/20 split set by index rule rather than a manager's judgment call.ishares.com spglobal.com
Costs 0.15% net of a waiver through November 30, 2026 (0.19% gross), below the median fee in its allocation category.
Live since November 2008 and now a multi-billion-dollar fund, it has run the same target-risk mandate through the financial crisis and everything after.ishares.com
Among the strongest implementations in a crowded field of allocation funds, and it pays out quarterly.

DDV No data

Worth knowing

AOA Eighty percent equity means it rides global stock swings closely. The 20% bond sleeve softens drawdowns rather than stopping them.spglobal.com
That 0.15% is net of a contractual waiver through November 30, 2026. The gross 0.19% is the figure that applies if the waiver is not renewed.
Cheaper one-ticket rivals now exist: UCBG at 0.06% and IRTR at 0.08%. IRTR also glides its risk down over time, while AOA's 80/20 stays put.

DDV No data

Full AOA profile⁠

Full DDV profile⁠

AOA vs DDV Holdings

How AOA and DDV differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AOA and 0.0% of DDV.

Level by level

Holdings0 in both0.0%
Countryby domicile68.5%
Sector11 Sectors77.4%

Sector

Sector weights in AOA and DDV, widest gap first
Sector	More in AOAMore in DDV	AOA	DDV
Technology	AOA +16.1 points	31.6%	15.5%
Financials	DDV +7.7 points	16.1%	23.8%
Industrials	DDV +4.9 points	11.0%	15.8%
Communication	AOA +3.9 points	7.5%	3.6%
Health Care	DDV +2.8 points	8.5%	11.3%
Consumer Discretionary	AOA +2.6 points	8.3%	5.8%
Energy	DDV +2.2 points	4.1%	6.3%
Consumer Staples	DDV +2.2 points	4.5%	6.7%
Materials	DDV +1.4 points	3.9%	5.3%
Utilities	DDV +1.2 points	2.3%	3.5%
Real Estate	DDV +0.1 points	2.1%	2.3%

Country, concentration and asset class

Country by domicile

Country weights in AOA and DDV, widest gap first
Country	More in AOAMore in DDV	AOA	DDV
United States	AOA +25.5 points	69.4%	43.9%
Japan	DDV +6.7 points	6.0%	12.7%
Canada	DDV +2.9 points	3.4%	6.3%
Taiwan	AOA +2.6 points	2.6%	0.0%
South Korea	DDV +2.6 points	1.9%	4.5%
United Kingdom	DDV +2.5 points	3.6%	6.1%
China	AOA +2.2 points	2.4%	0.2%
Switzerland	DDV +2.1 points	2.2%	4.3%
Other countries (23)	DDV +13.5 points	8.5%	22.0%

Outside the US: AOA 73% developed, 27% emerging. DDV 90% developed, 10% emerging.

Concentration

Weight in the 10 largest Holdings

AOA17.3%
DDV100.0%

Securities held

AOA34,149
DDV5

Asset class

AOA: Multi-Asset
DDV: Equity

Holdings

Only in AOA34,149
In both0
Only in DDV5

Only in AOA

34,149 securities, 99.6% of AOA by weight

Apple3.50%
NVIDIA3.44%
Microsoft2.69%
Amazon.com Inc1.64%
Taiwan Semiconductor Manufacturing1.17%
Alphabet Class A1.14%
Broadcom Inc1.08%
Meta Platforms Class A0.94%
Alphabet Class C0.92%
Eli Lilly0.79%
Tesla Inc0.78%
Berkshire Hathaway Inc Class B0.70%
Micron Technology0.69%
JPMorgan Chase & Co0.62%
Advanced Micro Devices0.57%
Exxonmobil Holdings Corp0.54%
Samsung Electronics Ltd0.52%
Visa Class A0.49%
Asml Holding0.48%
Johnson & Johnson0.46%
Sk Hynix0.38%
Walmart0.38%
AbbVie0.36%
Mastercard Class A0.36%
Chevron0.32%
Costco Wholesale Corp0.31%
Palantir Technologies Class A0.29%
Cisco Systems Inc0.29%
Roche Ps Par AG0.27%
Procter & Gamble0.26%
Merck & Co Inc0.26%
UnitedHealth Group0.25%
Coca-Cola0.25%
Shell0.24%
Novartis AG0.23%
Hsbc Holdings PLC0.23%
Home Depot0.23%
Intel Corporation0.23%
Philip Morris International0.23%
Bank of America0.23%
Astrazeneca PLC0.22%
Royal Bank of Canada0.22%
Ge Aerospace0.22%
Applied Material Inc0.22%
Lam Research0.21%
Palo Alto Networks0.21%
Nestle SA0.21%
Caterpillar Inc0.20%
Tencent Holdings0.20%
Texas Instrument0.19%

Only in DDV

5 securities, 99.2% of DDV by weight

United States Treasury Note/Bond 3.875% 04/30/203132.85%
First American Government Obligations Fund 12/01/203130.60%
United States Treasury Note/Bond 3.5% 03/15/202923.25%
State Street SPDR Portfolio Developed World ex-US ETF7.09%
Vanguard Morningstar Value ETF5.42%

Weight gaps

AOA and DDV share no securities.

All AOA holdings⁠All DDV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AOA vs DDV Cost

Overpaying DDV vs AOA

$2,022

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

AOA 0.15%
$3,137
DDV 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

AOA 0.15%
DDV 0.25%
Overpaying

Year by year

Year	AOA	DDV	Overpaying
10	$274	$455	$181
20	$1,071	$1,769	$698
30	$3,137	$5,159	$2,022

Expense ratio

0.15%AOA, cheaper
0.25%DDV

AOA0.15%DDV0.25%

0.06%1.36%

Middle half of Multi-Asset Allocation funds
Median 0.57%

AOA 3rd cheapest of 37 funds

DDV 6th cheapest of 37 funds

AOA vs DDV Dividends

Last 12 months to Nov 2, 2026

Yield (12M): AOA 2.19%; DDV No data
Payout (12M): AOA $2.11; DDV No data
Last payment: AOA $0.30; DDV $0.19
Ex-dividend: AOA Oct 2, 2026; DDV Sep 28, 2026
Paid on: AOA Oct 7, 2026; DDV Sep 30, 2026
Frequency: AOA Quarterly; DDV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AOAQuarterly · 39 paymentsAll AOA payments⁠

DDVQuarterly · 4 paymentsAll DDV payments⁠

AOA vs DDV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AOA 9.6%DDV No data
Return per unit of riskSharpe ratio, 3 years: AOA 1.37DDV No data
Worst fallMax drawdown, 5 years: AOA −23.6%DDV No data
Market sensitivityBeta, 5 years: AOA 1.06DDV 0.16; Market = 1

AOA and DDV in the news

All news⁠

Category Review
The fund built to limit losses had the category's worst return
Sep 25, 2026AOA

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AOA vs DDV

In short

Stated mandate

Why people hold it

Worth knowing

How AOA and DDV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AOA

Only in DDV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The fund built to limit losses had the category's worst return

How AOA and DDV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AOA

Only in DDV

Weight gaps