Data as of Oct 28, 2026.

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AOR vs EWJ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AOR returned +7.8% to EWJ's +18.1%; 0% of their weight is in the same names.

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Net assets on Oct 28, 2026: $3.9bn for iShares Core 60/40 Balanced Allocation ETF and $23.9bn for iShares MSCI Japan ETF.

At a glance
+7.8%
AOR total return, 1 year
+18.1%
EWJ total return, 1 year
0.15%
AOR expense ratio
0.49%
EWJ expense ratio

Pair scorecard

AOR costs 0.34 points a year less; their one-year returns differ by 10.3 points; EWJ is 6.1 times larger.

AOR vs EWJ: Differences, Returns & Fees
MeasureAOREWJ
Return
Total return, 1 year+7.8%+18.1%
Drawdown
Below its high4.4%, high on Oct 6, 2026
Benchmark
What it tracks60/40 Balanced AllocationMSCI Japan Index
Cost and size
Expense ratio0.15%0.49%
Net assets$3.9bn$23.9bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund99.9%29.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, AOR and EWJ hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AOR EWJ
Only in one fund ↓
Only in AOR
ISHARES CORE S&P ETF TRUST 35.70%
ISHARES CORE UNIV USD BOND ETF 32.15%
ISHARES CORE MSCI INT DEVEL ETF 17.10%
ISHARES CORE MSCI EMERGING MARKETS 6.34%
iShares Core Intl Aggregate Bnd ET 5.81%
ISHARES CORE S&P MID-CAP ETF 1.89%
ISHARES CORE S&P SMALL-CAP ETF 0.92%
Only in EWJ
MITSUBISHI UFJ FINANCIAL GROUP 4.40%
TOYOTA MOTOR 3.59%
ADVANTEST 3.03%
HITACHI 3.03%
RECRUIT HOLDINGS LTD 3.03%
SONY GROUP 2.89%
SUMITOMO MITSUI FINANCIAL GROUP 2.83%
TOKYO ELECTRON 2.55%
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Side by side

AOR iShares Core 60/40 Balanced Allocation ETF EWJ iShares MSCI Japan ETF
Where it sits Allocation ETF Stock ETF
What it is Tracks an index of 60/40 Balanced Allocation Tracks the MSCI Japan
Total return, 1 year +7.8% +18.1%
Its benchmark over the same days +13.4% (ACWI) +14.3% (ACWX)
Gap to its benchmark −5.6 pts vs ACWI +3.8 pts vs ACWX
Expense ratio 0.15% 0.49%
Already in the S&P 500 0.0% 0.0%
Holdings 7 169
Net assets $3.9bn $23.9bn

AOR and EWJ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
AOR

AOR tracks an index of 60/40 Balanced Allocation. Over the year to Oct 28, 2026 it returned +7.8% with distributions reinvested, against +13.4% for its benchmark, the MSCI All Country World Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 7 positions, with the top ten at 99.9%.

EWJ

EWJ tracks the MSCI Japan. Over the year to Oct 28, 2026 it returned +18.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.49% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 29.5%. It sat 4.4% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, AOR or EWJ?
In the year to Oct 28, 2026, with distributions reinvested, AOR returned +7.8% and EWJ +18.1%.
Which is cheaper, AOR or EWJ?
AOR is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AOR and EWJ overlap with the S&P 500?
By their latest filed holdings, 0% of AOR and 0% of EWJ by weight is stocks the S&P 500 already holds.
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ETFIQ, AOR against EWJ, data as of Oct 28, 2026. https://etfiq.com/compare/any/aor-vs-ewj

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