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AOR vs DDX

iShares Core 60/40 Balanced Allocation ETF

AORANYSE Arca

Defined Duration 10 ETF

DDXCCboe

Overlap

Expense ratio

AOR −0.10pt a year

AOR0.15%DDX0.25%

Avg volume · 30D

AOR 71.9×the volume

AOR433KDDX6.03K

5Y return · a year

AOR +3.8pt

AOR+6.3%DDX+2.5%

AOR vs DDX Performance

Oct 29, 2021 – Oct 30, 2026

+35.5%AOR+13.0%DDX

Oct 29, 2021 to Oct 30, 2026. AOR +35.5%. DDX +13.0%. Use the arrow keys to read each point.−20%−10%0%20%Oct 2021Apr 2024Oct 2026
Expense ratio
AOR 0.15%, better
DDX 0.25%
Fund size
AOR $3.89B
DDX $77M
1Y total return
AOR +7.6%, better
DDX +6.6%
Yield (12M)
AOR 2.66%
DDX 3.14%, better
Holdings
AOR 34238
DDX 9
Avg volume (30D)
AOR 433K sh, better
DDX 6.03K sh
NAV per share
AOR $68.12
DDX $25.04
52W range

ETF.net Grade

AOR: Cost 81, Risk 51, Mission 100, Tradability 74, Holdings 100, Durability 82. DDX: Cost 43, Risk 65, Mission not scored, Tradability 19, Holdings not scored, Durability 42.
Pillar letters and Scores for AOR, DDX, with each pillar’s weight
PillarAORDDX
Cost30% weightA81HigherC43
Mission25% weightA100Not scored
Risk15% weightC51B65Higher
Tradability15% weightA74HigherF19
Holdings10% weightA100Not scored
Durability5% weightA82HigherC42

Rank among Balanced Allocation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AOR and DDX 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 DDX 5th of 5 funds in the Balanced Allocation Category.

  1. Rank 1AAORiShares Core 60/40 Balanced Allocation ETFScore 82
  2. Rank 2AAOMiShares Core 40/60 Moderate Allocation ETFScore 81
  3. Rank 4CCGBLCapital Group Core Balanced ETFScore 53
  4. Rank 5CDDXDefined Duration 10 ETFScore 42

Our read on each fund

ETF.net Research

AORAiShares Core 60/40 Balanced Allocation ETF

DDXCDefined Duration 10 ETF

In short

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).

DDX Most balanced funds set their stock/bond mix by your risk tolerance. DDX sets it by your calendar: a 10-year target duration, with the mix swinging countercyclically between 70/30 and 30/70 stocks and bonds.

Stated mandate

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

DDX The Fund seeks long-term growth of capital through a globally diversified portfolio of broad-based stock and bond ETFs. Its portfolio is systematically reallocated to reduce relative stock and bond risks and investment volatility.

Why people hold it

  • 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.
  • DDX Allocation driven by time horizon rather than a risk questionnaire: a 10-year defined duration target, rebalanced countercyclically within a 70/30 to 30/70 stock-bond band.disciplinefunds.cometfarchitect.com
  • One ticket holds broad-based stock and bond ETFs: a globally diversified equity sleeve plus a bond sleeve limited to high-quality US government debt at shorter average maturities.disciplinefunds.com
  • Live since 2021 as the original Discipline Fund ETF, managed by firm founder Cullen Roche, and now the middle rung of a 5-, 10- and 20-year Defined Duration lineup.disciplinefunds.comdisciplinefunds.com 2

Worth knowing

  • 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.comishares.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.govishares.com
  • DDX 0.25% net of a waiver through November 30, 2026 (0.29% gross) sits near the category median, while index-built AOR and AOM charge 0.15% net of waivers through November 30, 2026.
  • By design the fund can spend long stretches underweight stocks, so its path can look nothing like a static 60/40 for years at a time.disciplinefunds.com
  • Small and thinly traded next to the giant allocation ETFs, which tends to mean wider bid-ask spreads at the point of trade.

Full AOR profile⁠

Full DDX profile⁠

AOR vs DDX 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.

AOR vs DDX Cost

Overpaying DDX vs AOR

$2,022

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

  • AOR 0.15%

    $3,137

  • DDX 0.25%

    $5,159

$10,000
30 years

Cost over time

  • AOR 0.15%
  • DDX 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530DDX $5,159AOR $3,137

Year by year

YearAORDDXOverpaying
10$274$455$181
20$1,071$1,769$698
30$3,137$5,159$2,022

Expense ratio

  • 0.15%AOR, cheaper
  • 0.25%DDX
  • Middle half of Balanced Allocation funds
  • Median 0.21%

AOR cheapest of 5 funds

DDX 4th cheapest of 5 funds

AOR vs DDX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AOR 2.66%
DDX 3.14%, better
Payout (12M)
AOR $1.81
DDX $0.79
Last payment
AOR $0.31
DDX $0.16
Ex-dividend
AOR Oct 2, 2026
DDX Sep 28, 2026
Paid on
AOR Oct 7, 2026
DDX Sep 30, 2026
Frequency
AOR Quarterly
DDX Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AORQuarterly · 39 paymentsAll AOR payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Apr 4, 2017 $0.15; Jul 6, 2017 $0.32; Oct 3, 2017 $0.16; Dec 28, 2017 $1.39; Apr 3, 2018 $0.16; Jul 3, 2018 $0.37; Oct 2, 2018 $0.19; Dec 28, 2018 $0.31; Apr 2, 2019 $0.20; Jul 2, 2019 $0.42; Oct 2, 2019 $0.20; Dec 24, 2019 $0.40; Apr 2, 2020 $0.19; Jul 2, 2020 $0.30; Oct 2, 2020 $0.16; Dec 24, 2020 $0.33; Apr 5, 2021 $0.11; Jul 2, 2021 $0.27; Oct 4, 2021 $0.14; Dec 23, 2021 $0.41; Apr 4, 2022 $0.15; Jul 5, 2022 $0.35; Oct 4, 2022 $0.18; Dec 23, 2022 $0.32; Apr 4, 2023 $0.20; Jul 5, 2023 $0.39; Oct 3, 2023 $0.22; Dec 22, 2023 $0.52; Apr 2, 2024 $0.22; Jul 2, 2024 $0.42; Oct 2, 2024 $0.27; Dec 20, 2024 $0.61; Apr 2, 2025 $0.25; Jul 2, 2025 $0.47; Oct 2, 2025 $0.27; Dec 23, 2025 $0.67; Apr 2, 2026 $0.31; Jul 2, 2026 $0.52; Oct 2, 2026 $0.31. Use the arrow keys to read each point.$0$12017202020232026YTD
DDXQuarterly · 17 paymentsAll DDX payments⁠
One bar per payment. 17 payments from 2017 to 2026 YTD. Dec 30, 2021 $0.28; Dec 27, 2022 $0.29; Mar 29, 2023 $0.05; Jun 28, 2023 $0.15; Sep 27, 2023 $0.12; Dec 20, 2023 $0.21; Mar 26, 2024 $0.10; Jun 27, 2024 $0.13; Sep 27, 2024 $0.21; Dec 30, 2024 $0.26; Mar 28, 2025 $0.00055; Jun 27, 2025 $0.25; Sep 29, 2025 $0.21; Dec 30, 2025 $0.30; Mar 30, 2026 $0.09; Jun 29, 2026 $0.23; Sep 28, 2026 $0.16. Use the arrow keys to read each point.$0$12017202020232026YTD

AOR vs DDX Risk

Fall from peak · 5 years

  • AOR
  • DDX
Oct 29, 2021 to Oct 30, 2026. Worst fall: AOR −21.7% · Oct 2022. Use the arrow keys to read each point.−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
AOR 8.2%DDX 6.5%, better
Return per unit of riskSharpe ratio, 3 years
AOR 1.26, betterDDX 0.82
Worst fallMax drawdown, 5 years
AOR −21.7%DDX −21.3%, better
Market sensitivityBeta, 5 years
AOR 0.91DDX 0.46

AOR and DDX in the news

All news⁠

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