ETF Evaluator: iShares Core 40/60 Moderate Allc ETF () Follow This ETF

iShares Core 40/60 Moderate Allc ETF Overview

iShares Core 40/60 Moderate Allc ETF (AOM) is a passively managed Allocation Global Moderately Conservative Allocation exchange-traded fund (ETF). iShares launched the ETF in 2008.

The investment seeks to track the investment results of the S&P Target Risk Moderate Index composed of a portfolio of underlying equity and fixed income funds intended to represent a moderate target risk allocation strategy. The fund is a fund of funds and seeks its investment objective by investing primarily in underlying funds that themselves seek investment results corresponding to their own respective underlying indexes. It generally will invest at least 80% of its assets in the component securities of the underlying index. The index measures the performance of the S&P Dow Jones Indices LLC proprietary allocation model.

About iShares Core 40/60 Moderate Allc ETF (AOM)

There are 4 members of the management team with an average tenure of 4.42 years: Jennifer Hsui (2012), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Universal TR USD index with a weighting of 100% and MSCI ACWI NR USD index with a weighting of 100%. iShares Core 40/60 Moderate Allc ETF has 9 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

iShares Core 40/60 Moderate Allc ETF is part of the Allocation global asset class and is within the Allocation ETF group. iShares Core 40/60 Moderate Allc ETF has 31.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 25.4% There is 15.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 58.1% (42.4% domestic bond, 15.7% foreign bond and 0.0% convertible bond). iShares Core 40/60 Moderate Allc ETF has 0.6% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is above the $293 million average for the Global Moderately Conservative Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

AOM Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares Core 40/60 Moderate Allc ETF expense ratio is low compared to funds in the Global Moderately Conservative Allocation category. iShares Core 40/60 Moderate Allc ETF has an expense ratio of 0.15%, which is 89% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares Core 40/60 Moderate Allc ETF has a portfolio turnover rate of 5%, which indicates that it holds its assets around / 0.2 years. By way of comparison, the average portfolio turnover is 154% for the Global Moderately Conservative Allocation category.

Recently, in the month of July 2026, iShares Core 40/60 Moderate Allc ETF returned -0.8%, which earned it a grade of C, as the Global Moderately Conservative Allocation category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

iShares Core 40/60 Moderate Allc ETF has a trailing yield of 3.09%, which is below the 4.36% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

iShares Core 40/60 Moderate Allc ETF Grades

Year to date, the ETF has returned 4.5%, 1.7 percentage points worse than the category, which translates into a grade of F. The fund has returned 10.7% over the past year (grade of F), 9.7% over the past three years (grade of C) and 4.4% per year over the past five years (grade of C) and 5.9% per year over the past 10 years (grade of B).

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