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ISMF vs AOA

iShares Managed Futures Active ETF vs iShares Core 80/20 Aggressive Allocation ETF

ISMF

iShares Managed Futures Active ETF

Annual cost

0.80%

Fund size

$59M

AOA

iShares Core 80/20 Aggressive Allocation ETF

Annual cost

0.15%

Fund size

$3.2B

Key differences

ISMF is an alternative ETF, while AOA is a mixed asset ETF. ISMF charges 0.80% a year and AOA 0.15%.

  • ISMF is an alternative fund, while AOA is a mixed asset fund. They carry different risk/return profiles.
  • ISMF follows a managed futures strategy; AOA uses index tracking.
  • ISMF covers global markets; AOA covers North America.
  • AOA costs 0.65% less per year.
  • AOA is much larger than ISMF. Larger funds are usually more liquid and less likely to close.
  • AOA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ISMFAOA
Annual cost (TER)0.80%0.15%
Fund size (AUM)$59M$3.2B
Since20252008
Dividend yield2.49%2.05%
Asset classalternativemixed asset
Regionglobalnorth america
Strategymanaged futuresindex tracking
CAGR 1Y+21.6%+21.9%
CAGR 3YN/A+17.2%
CAGR 5YN/A+8.9%
Sharpe 3YN/A1.11
Volatility 1Y8.02%11.15%
Max drawdown-4.23%-28.38%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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