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FCEF vs AOR

First Trust Income Opportunity ETF vs iShares Core 60/40 Balanced Allocation ETF

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

AOR

iShares Core 60/40 Balanced Allocation ETF

iShares

Annual cost

0.15%

Fund size

$3.5B

Key differences

  • AOR costs 3.54% less per year.
  • AOR is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FCEF has delivered higher annualized returns.
  • AOR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FCEFAOR
Annual cost (TER)3.69%0.15%
Fund size (AUM)$75M$3.5B
Since20162008
Dividend yield6.24%2.53%
Asset classmixed assetmixed asset
Region
Strategyactive selectionactive selection
CAGR 1Y+19.6%+21.0%
CAGR 3Y+16.4%+14.4%
CAGR 5Y+6.8%+7.4%
Sharpe 3Y1.221.11
Volatility 1Y7.86%8.50%
Max drawdown-44.81%-22.95%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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