Data as of Oct 28, 2026.
AOR vs IAU: Differences, Returns & Fees
AOR is an equity index fund and IAU a commodity fund, and over the year to Oct 28, 2026, AOR returned +7.8% against +2.7%.
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askIQ about AOR and IAUNet assets on Oct 28, 2026: $3.9bn for iShares Core 60/40 Balanced Allocation ETF and $60.1bn for iShares Gold Trust.
Pair scorecard
AOR costs 0.10 points a year less; their one-year returns differ by 5.1 points; IAU is 15.4 times larger.
| Measure | AOR | IAU |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.8% | +2.7% |
| Drawdown | ||
| Below its high | 24.6%, high on Jan 29, 2026 | |
| Benchmark | ||
| What it tracks | 60/40 Balanced Allocation | Gold |
| Cost and size | ||
| Expense ratio | 0.15% | 0.25% |
| Net assets | $3.9bn | $60.1bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 0% | |
| Holdings dated | Oct 27, 2026 | |
| Top ten holdings, share of the fund | 99.9% | |
Side by side
AOR and IAU on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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%.
Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.
IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, AOR or IAU?
- In the year to Oct 28, 2026, with distributions reinvested, AOR returned +7.8% and IAU +2.7%.
- Which is cheaper, AOR or IAU?
- AOR is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.
Links are sources, not endorsements. A comparison is not a recommendation.
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ETFIQ, AOR against IAU, data as of Oct 28, 2026. https://etfiq.com/compare/any/aor-vs-iau
ETFIQ. (Oct 28, 2026). AOR against IAU. Retrieved from https://etfiq.com/compare/any/aor-vs-iau
[AOR against IAU (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/aor-vs-iau)
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