AOM vs AOR: Grades, Fees and Holdings Compared

iShares Core 40/60 Moderate Allocation ETF

AOMANYSE Arca

iShares Core 60/40 Balanced Allocation ETF

AORANYSE Arca

Overlap

No data

Expense ratio

AOM0.15%AOR0.15%

Avg volume · 30D

AOR 1.4×the volume

AOM308KAOR433K

10Y return · a year

AOR +2.1pt

AOM+6.0%AOR+8.1%

AOM vs AOR Performance

Oct 29, 2021 – Oct 30, 2026

+23.2%AOM+35.5%AOR

Expense ratio: AOM 0.15%; AOR 0.15%
Fund size: AOM $1.88B; AOR $3.89B
1Y total return: AOM +5.1%; AOR +7.6%, better
Yield (12M): AOM 3.18%, better; AOR 2.66%
Holdings: AOM 34237; AOR 34238
Avg volume (30D): AOM 308K sh; AOR 433K sh, better
NAV per share: AOM $48.72; AOR $68.12
52W range

ETF.net Grade

Pillar letters and Scores for AOM, AOR, with each pillar’s weight
Pillar	AOM	AOR
Cost30% weight	A81	A81
Mission25% weight	A100	A100
Risk15% weight	B66Higher	C51
Tradability15% weight	B58	A74Higher
Holdings10% weight	A100	A100
Durability5% weight	A76	A82Higher

Rank among Balanced Allocation funds

How we build Categories ›

Same Category. AOM and AOR are both graded against the same 5 Balanced Allocation funds, so their Grades compare head to head.

Balanced Allocation⁠

Category · 5 funds

See all 5 ›

AOR ranks 1st and AOM 2nd of 5 funds in the Balanced Allocation Category.

Rank 1AAORiShares Core 60/40 Balanced Allocation ETFScore 82
Rank 2AAOMiShares Core 40/60 Moderate Allocation ETFScore 81
Rank 3BAVMAAvantis Moderate Allocation ETFScore 57

Our read on each fund

ETF.net Research

AOMAiShares Core 40/60 Moderate Allocation ETF

AORAiShares Core 60/40 Balanced Allocation ETF

In short

AOM Wall Street's balanced portfolio in one ticker, tilted toward bonds: 40% stocks, 60% fixed income, held through a handful of iShares funds and tracking an S&P target-risk index since 2008.

AOR One ticker, one whole 60/40 portfolio: a short list of iShares stock and bond ETFs, live since 2008, at 0.15% net of a waiver through November 30, 2026 (0.20% gross).

Stated mandate

AOM The Fund seeks to track an index composed of underlying equity and fixed income funds intended to represent a moderate target-risk allocation strategy.

AOR The fund seeks to track an index of underlying equity and fixed-income funds designed to represent a growth-oriented target-risk allocation.

Why people hold it

AOM Fee is 0.15%, net of a waiver through November 30, 2026, and below the typical cost in its small category. Gross runs 0.20% if that waiver lapses.
Undercuts moderate-allocation rivals AVMA (0.21%) and CGBL (0.33%), neither of which leans on a waiver.
One ticker buys a global stock-and-bond mix and holds it at target. The index handles the rebalancing, so you are not trimming sleeves by hand.
Trading since 2008 and now a multi-billion-dollar fund that has hugged its index closely. One of the stronger builds in a thin peer group.

AOR The index holds the stock and bond ETFs and keeps the mix at roughly 60% equities and 40% bonds, so the rebalancing happens inside the fund, not in your account.ishares.com
At 0.15% net of a waiver through November 30, 2026 (0.20% gross), it sits below the category median and under peers like AVMA at 0.21% and CGBL at 0.33%.ishares.com
Trading since November 2008, it is now a multi-billion-dollar fund that pays quarterly, and sibling AOM runs the same plumbing at a 40/60 mix.ishares.com
It holds what the label says and stays tight to its benchmark, which is the entire job here: one of the strongest implementations in its peer group.

Worth knowing

AOM Bonds are the bigger half, so stock swings land with less force here than in equity-heavier sibling AOR (also 0.15% net of a waiver through November 30, 2026).
Moderately traded rather than heavily traded, which can mean wider spreads around the open and close.
You own funds that own funds: the line items are iShares ETFs, not individual stocks and bonds.

AOR The 0.15% net nets out the 0.05% of fees charged by the iShares funds it owns. That waiver is contractual through November 30, 2026, not permanent.ishares.com ishares.com 2
The split is set by the index, so you cannot tilt stocks or bonds yourself, and the 40% bond sleeve brings interest-rate sensitivity along with the ballast.ishares.com
History before February 2025 sits under the old names: iShares Core Growth Allocation ETF, tracking the S&P Target Risk Growth Index.sec.gov ishares.com

Full AOM profile⁠

Full AOR profile⁠

AOM vs AOR Holdings

How AOM and AOR differ

Overlap by weight is not available for these funds.

Level by level

Countryby domicile95.9%
Sector11 Sectors100%

Sector

Sector weights in AOM and AOR, widest gap first
Sector	More in AOMMore in AOR	AOM	AOR
Technology	Same weight	31.6%	31.6%
Financials	Same weight	16.1%	16.1%
Industrials	Same weight	11.0%	11.0%
Health Care	Same weight	8.5%	8.5%
Consumer Discretionary	Same weight	8.3%	8.3%
Communication	Same weight	7.5%	7.5%
Consumer Staples	Same weight	4.5%	4.5%
Energy	Same weight	4.1%	4.1%
Materials	Same weight	3.9%	3.9%
Utilities	Same weight	2.3%	2.3%
Real Estate	Same weight	2.1%	2.1%

Country, concentration and asset class

Country by domicile

Country weights in AOM and AOR, widest gap first
Country	More in AOMMore in AOR	AOM	AOR
United States	AOM +3.7 points	76.8%	73.1%
Netherlands	AOR +1.1 points	0.0%	1.1%
Japan	AOR +0.9 points	4.4%	5.3%
Taiwan	AOR +0.7 points	1.4%	2.1%
Other countries (8)	AOR +1.2 points	17.3%	18.5%

Outside the US: AOM 75% developed, 25% emerging. AOR 76% developed, 24% emerging.

Concentration

Weight in the 10 largest Holdings

AOM10.6%
AOR14.0%

Asset class

AOM: Multi-Asset
AOR: Multi-Asset

Holdings

Top 10 Holdings

Top 10 holdings by combined weight
Holding	AOM	AOR
AAPLApple	1.74%	2.62%
NVDANVIDIA	1.72%	2.58%
CashBLK Liquidity Temp Cash Inst #21	2.37%	1.58%
MSFTMicrosoft	1.34%	2.02%
AMZNAmazon.com Inc	0.82%	1.23%
Taiwan Semiconductor ManufacturingTaiwan Semiconductor Manufacturing	0.59%	0.88%
GOOGLAlphabet Class A	0.57%	0.85%
AVGOBroadcom Inc	0.54%	0.81%
METAMeta Platforms Class A	0.47%	0.71%
GOOGAlphabet Class C	0.46%	0.69%

All AOM holdings⁠All AOR 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.

AOM vs AOR Cost

Same expense ratio

$3,137

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

AOM 0.15%
$3,137
AOR 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

AOM 0.15%
AOR 0.15%

Year by year

Year	AOM	AOR
10	$274	$274
20	$1,071	$1,071
30	$3,137	$3,137

Expense ratio

0.15%AOM
0.15%AOR

AOM0.15%AOR0.15%

0.15%0.33%

Middle half of Balanced Allocation funds
Median 0.21%

AOM cheapest of 5 funds

AOR cheapest of 5 funds

AOM vs AOR Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AOM 3.18%, better; AOR 2.66%
Payout (12M): AOM $1.55; AOR $1.81
Last payment: AOM $0.30; AOR $0.31
Ex-dividend: AOM Oct 2, 2026; AOR Oct 2, 2026
Paid on: AOM Oct 7, 2026; AOR Oct 7, 2026
Frequency: AOM Quarterly; AOR Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AOMQuarterly · 39 paymentsAll AOM payments⁠

AORQuarterly · 39 paymentsAll AOR payments⁠

AOM vs AOR Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: AOM 6.8%, betterAOR 8.2%
Return per unit of riskSharpe ratio, 3 years: AOM 1.08AOR 1.26, better
Worst fallMax drawdown, 5 years: AOM −20.0%, betterAOR −21.7%
Market sensitivityBeta, 5 years: AOM 0.77AOR 0.91; Market = 1

AOM and AOR in the news

All news⁠

New ETFs
YieldMax lists an SK hynix options ETF that does not own the shares
Oct 28, 2026AOR
First-Year Review
Myriad's allocation fund gained 17%, 1.6 percentage points ahead of global stocks
Oct 2, 2026AOR
Category Review
Tactical funds ranged from a 32.2% gain to a 12.5% loss
Updated Sep 29, 2026AOR

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