AOK vs. AOM
AOK (iShares Core 30/70 Conservative Allocation ETF) and AOM (iShares Core Moderate Allocation ETF) are both Diversified Portfolio funds from iShares - AOK tracks the S&P Target Risk Conservative Index while AOM tracks the S&P Target Risk Moderate. Both are passively managed. Over the past 10 years, AOK returned 5.26%/yr vs 6.39%/yr for AOM. Their correlation of 0.83 suggests significant overlap in exposure. AOK charges 0.15%/yr vs 0.25%/yr for AOM.
Performance
AOK vs. AOM - Performance Comparison
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Returns By Period
In the year-to-date period, AOK achieves a 4.44% return, which is significantly lower than AOM's 5.19% return. Over the past 10 years, AOK has underperformed AOM with an annualized return of 5.26%, while AOM has yielded a comparatively higher 6.39% annualized return.
AOK
- 1D
- -0.22%
- 1M
- 0.89%
- YTD
- 4.44%
- 6M
- 4.18%
- 1Y
- 11.77%
- 3Y*
- 9.25%
- 5Y*
- 3.80%
- 10Y*
- 5.26%
AOM
- 1D
- -0.18%
- 1M
- 0.97%
- YTD
- 5.19%
- 6M
- 5.24%
- 1Y
- 14.28%
- 3Y*
- 10.86%
- 5Y*
- 4.86%
- 10Y*
- 6.39%
AOK vs. AOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 4.44% | 11.26% | 6.58% | 10.85% | -14.16% | 4.87% | 9.33% | 13.90% | -3.09% | 9.70% |
AOM iShares Core Moderate Allocation ETF | 5.19% | 13.28% | 7.95% | 12.38% | -14.54% | 6.93% | 10.02% | 15.58% | -3.88% | 11.63% |
Correlation
The correlation between AOK and AOM is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2008 | 0.83 |
The correlation between AOK and AOM has been stable across timeframes, ranging from 0.83 to 0.93 - a consistent structural relationship.
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Return for Risk
AOK vs. AOM — Risk / Return Rank
AOK
AOM
AOK vs. AOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 30/70 Conservative Allocation ETF (AOK) and iShares Core Moderate Allocation ETF (AOM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AOK | AOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.39 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 2.81 | -0.18 |
| Martin ratioReturn relative to average drawdown | 11.08 | 12.09 | -1.01 |
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Drawdowns
AOK vs. AOM - Drawdown Comparison
The maximum AOK drawdown since its inception was -18.94%, smaller than the maximum AOM drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for AOK and AOM.
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Drawdown Indicators
| AOK | AOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -19.96% | +1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -4.50% | -5.11% | +0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -6.37% | -6.85% | +0.48% |
Max Drawdown (5Y)Largest decline over 5 years | -18.94% | -19.96% | +1.02% |
Max Drawdown (10Y)Largest decline over 10 years | -18.94% | -19.96% | +1.02% |
Current DrawdownCurrent decline from peak | -0.24% | -0.28% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -2.36% | -2.69% | +0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 1.18% | -0.12% |
Volatility
AOK vs. AOM - Volatility Comparison
The current volatility for iShares Core 30/70 Conservative Allocation ETF (AOK) is 2.17%, while iShares Core Moderate Allocation ETF (AOM) has a volatility of 2.66%. This indicates that AOK experiences smaller price fluctuations and is considered to be less risky than AOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AOK | AOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.17% | 2.66% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 4.82% | 5.68% | -0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.99% | 6.90% | -0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.15% | 8.21% | -1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.74% | 7.96% | -1.22% |
AOK vs. AOM - Expense Ratio Comparison
AOK has a 0.15% expense ratio, which is lower than AOM's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AOK vs. AOM - Dividend Comparison
AOK's dividend yield for the trailing twelve months is around 3.27%, more than AOM's 2.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 3.27% | 3.28% | 3.23% | 2.93% | 2.25% | 1.55% | 2.10% | 2.71% | 2.68% | 2.91% | 2.14% | 2.02% |
AOM iShares Core Moderate Allocation ETF | 2.98% | 2.98% | 3.10% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 2.14% | 1.98% |
Frequently Asked Questions
With a correlation of 0.93, AOK and AOM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AOM has higher volatility (2.66%) compared to AOK (2.17%). In terms of maximum drawdown, AOK dropped -18.94% vs AOM's -19.96%.
On 10-year performance, AOM leads with 6.39% vs 5.26% for AOK. On fees, AOK is cheaper at 0.15% per year. On volatility, AOK has been the lower-risk option at 2.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, AOM has performed better with a 6.39% return vs 5.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOK is cheaper with a 0.15% expense ratio, compared with 0.25% for AOM.
AOK has the higher dividend yield at 3.27%, compared with 2.98% for AOM.
AOK tracks S&P Target Risk Conservative Index, while AOM tracks S&P Target Risk Moderate. Their fees differ too: 0.15% for AOK and 0.25% for AOM.
AOM currently has the higher Sharpe Ratio (2.08 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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