AOA vs DIAL: Grades, Fees and Holdings Compared

iShares Core 80/20 Aggressive Allocation ETF

AOAANYSE Arca

Columbia Diversified Fixed Income Allocation ETF

DIALBNYSE Arca

Overlap

0.0%by weight

Expense ratio

AOA −0.14pt a year

AOA0.15%DIAL0.29%

Avg volume · 30D

AOA 2.0×the volume

AOA135KDIAL68.5K

5Y return · a year

AOA +7.8pt

AOA+8.1%DIAL+0.3%

AOA vs DIAL Performance

Nov 2, 2021 – Nov 2, 2026

+47.6%AOA+1.7%DIAL

Expense ratio: AOA 0.15%, better; DIAL 0.29%
Fund size: AOA $3.32B; DIAL $421M
1Y total return: AOA +10.0%, better; DIAL 0.0%
Yield (12M): AOA 2.19%; DIAL 5.74%, better
Holdings: AOA 34240; DIAL 653
Avg volume (30D): AOA 135K sh, better; DIAL 68.5K sh
NAV per share: AOA $96.21; DIAL $17.52
52W range

ETF.net Grade

Pillar letters and Scores for AOA, DIAL, with each pillar’s weight
Pillar	AOA	DIAL
Cost30% weight	A93Higher	A82
Mission25% weight	A100Higher	D29
Risk15% weight	B55	B59Higher
Tradability15% weight	A96Higher	B65
Holdings10% weight	A82Higher	B69
Durability5% weight	A98Higher	A80

Rank among Multi-Asset Allocation funds

How we build Categories ›

Same Category. AOA and DIAL 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 DIAL 10th 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 9BTBFCBrinsmere Fund Conservative ETFScore 62
Rank 10BDIALColumbia Diversified Fixed Income Allocation ETFScore 61
Rank 10BTBFGBrinsmere Fund Growth ETFScore 61

Our read on each fund

ETF.net Research

AOAAiShares Core 80/20 Aggressive Allocation ETF

DIALBColumbia Diversified Fixed Income Allocation 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.

DIAL 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.

DIAL 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.

DIAL 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.

DIAL No data

Full AOA profile⁠

Full DIAL profile⁠

AOA vs DIAL Holdings

How AOA and DIAL differ

Overlap by weight

0.0%

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

Level by level

Holdings0 in both0.0%
Countryby domicile78.5%

Sector

No Sector split for DIAL.

Country, concentration and asset class

Country by domicile

Country weights in AOA and DIAL, widest gap first
Country	More in AOAMore in DIAL	AOA	DIAL
Turkey	DIAL +9.8 points	0.0%	9.8%
Japan	AOA +4.6 points	6.0%	1.4%
Taiwan	AOA +2.6 points	2.6%	0.0%
China	AOA +2.4 points	2.4%	0.0%
United Kingdom	AOA +2.2 points	3.6%	1.4%
South Korea	AOA +1.9 points	1.9%	0.0%
Mexico	DIAL +1.8 points	0.0%	1.8%
Canada	AOA +1.7 points	3.4%	1.7%
Other countries (22)	DIAL +3.9 points	80.0%	83.9%

Outside the US: AOA 73% developed, 27% emerging. DIAL 43% developed, 57% emerging.

Concentration

Weight in the 10 largest Holdings

AOA17.3%
DIAL26.1%

Securities held

AOA34,149
DIAL516

Asset class

AOA: Multi-Asset
DIAL: Fixed Income

Holdings

Only in AOA34,149
In both0
Only in DIAL516

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 DIAL

516 securities, 96.7% of DIAL by weight

Umbs 30YR Tba(Reg A)9.73%
Treasury Bill9.37%
Treasury Bond5.91%
Fnma 30YR Tba(Reg A)3.04%
Treasury Note2.86%
Brazil Federative Republic of (Gov1.26%
Turkey (Republic Of)0.97%
Canada (Government Of)0.91%
Norway Kingdom of (Government)0.86%
Uk Treasury0.83%
Australia (Commonwealth Of)0.82%
Switzerland (Confederation Of)0.80%
Germany (Federal Republic Of)0.80%
Sweden (Kingdom Of)0.80%
France (Govt Of) Bonds 144A Regs 05/36 1.250.80%
Buoni Poliennali Del Tes0.80%
New Zealand (Government Of)0.78%
Peru (Republic Of)0.73%
Panama (Republic Of)0.72%
Ecopetrol SA0.69%
Colombia (Republic Of)0.65%
Hungary Sr Unsecured Regs 03/36 5.50.64%
Indonesia (Republic Of)0.63%
Romania (Republic Of)0.63%
Dominican Republic (Government)0.62%
South Africa (Republic Of)0.60%
United Mexican States0.58%
Softbank Group Corp0.53%
Kazakhstan (Republic Of)0.50%
Cote D Ivoire (Republic Of)0.50%
Uruguay (Oriental Republic Of)0.50%
Republic of Serbia Sr Unsecured Regs 06/34 60.49%
Paramount Skydance Corp0.47%
Perusahaan Penerbit Surat Berharga0.45%
Mexico (United Mexican States) (Go0.43%
Undersecretariat of Treasury Asset0.42%
Morocco (Kingdom Of)0.41%
Quikrete Holdings Inc0.39%
Transdigm Inc0.38%
Meridian Arc Holdco Llc0.38%
Echostar Corp0.38%
Jamaica (Government)0.38%
Venture Global Lng Inc0.37%
Nexstar Media Inc0.37%
Japan (Government Of) 10YR #3760.36%
Ocp SA0.35%
Sharjah Emirate of0.35%
Dp World Ltd Uae Sr Unsecured Regs 07/37 6.850.34%
Petrobras Global Finance Bv0.33%
Trinidad and Tobago (Republic Of)0.32%

Weight gaps

AOA and DIAL share no securities.

All AOA holdings⁠All 535 DIAL 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 DIAL Cost

Overpaying DIAL vs AOA

$2,815

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

AOA 0.15%
$3,137
DIAL 0.29%
$5,952

Amount$10,000

Years30 years

Cost over time

AOA 0.15%
DIAL 0.29%
Overpaying

Year by year

Year	AOA	DIAL	Overpaying
10	$274	$527	$253
20	$1,071	$2,044	$973
30	$3,137	$5,952	$2,815

Expense ratio

0.15%AOA, cheaper
0.29%DIAL

AOA0.15%DIAL0.29%

0.06%1.36%

Middle half of Multi-Asset Allocation funds
Median 0.57%

AOA 3rd cheapest of 37 funds

DIAL 7th cheapest of 37 funds

AOA vs DIAL Dividends

Last 12 months to Nov 2, 2026

Yield (12M): AOA 2.19%; DIAL 5.74%, better
Payout (12M): AOA $2.11; DIAL $1.00
Last payment: AOA $0.30; DIAL $0.08
Ex-dividend: AOA Oct 2, 2026; DIAL Nov 2, 2026
Paid on: AOA Oct 7, 2026; DIAL Pays Nov 4, 2026
Frequency: AOA Quarterly; DIAL Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

AOAQuarterly · 15 paymentsAll AOA payments⁠

DIALMonthly · 46 paymentsAll DIAL payments⁠

AOA vs DIAL Risk

Fall from peak · 5 years

AOA
DIAL

Risk facts

VolatilityStd dev, 3 years: AOA 9.6%DIAL 6.5%, better
Return per unit of riskSharpe ratio, 3 years: AOA 1.37, betterDIAL 0.39
Worst fallMax drawdown, 5 years: AOA −23.6%DIAL −21.6%, better
Market sensitivityBeta, 5 years: AOA 1.06DIAL 1.10; Market = 1

AOA and DIAL in the news

All news⁠

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

Popular comparisons

AOAAvsUCBGA
iShares Core 80/20 Aggressive Allocation ETF · State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF
Expense ratio
0.15% · 0.06%
Category
DIALBvsUCBGA
Columbia Diversified Fixed Income Allocation ETF · State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF
Expense ratio
0.29% · 0.06%
Category
AOAAvsIRTRA
iShares Core 80/20 Aggressive Allocation ETF · iShares LifePath Retirement ETF
Expense ratio
0.15% · 0.08%
Category
DIALBvsIRTRA
Columbia Diversified Fixed Income Allocation ETF · iShares LifePath Retirement ETF
Expense ratio
0.29% · 0.08%
Category
AOAAvsINCEA
iShares Core 80/20 Aggressive Allocation ETF · Franklin Income Equity Focus ETF
Expense ratio
0.15% · 0.29%
Category
DIALBvsINCEA
Columbia Diversified Fixed Income Allocation ETF · Franklin Income Equity Focus ETF
Expense ratio
0.29% · 0.29%
Category

AOA vs DIAL

In short

Stated mandate

Why people hold it

Worth knowing

How AOA and DIAL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AOA

Only in DIAL

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 DIAL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AOA

Only in DIAL

Weight gaps