AOK vs. ASET

Last updated Jun 24, 2026

AOK (iShares Core 30/70 Conservative Allocation ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds - AOK tracks the S&P Target Risk Conservative Index while ASET tracks the Northern Trust Real Assets Allocation Total Return. Both are passively managed. AOK charges 0.15%/yr vs 0.57%/yr for ASET.

Performance

AOK vs. ASET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core 30/70 Conservative Allocation ETF (AOK) and FlexShares Real Assets Allocation Index Fund (ASET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AOK

• 1D: -0.58%
• 1M: 0.30%
• YTD: 3.83%
• 6M: 3.39%
• 1Y: 11.04%
• 3Y*: 9.03%
• 5Y*: 3.59%
• 10Y*: 5.20%

ASET

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AOK vs. ASET - Yearly Performance Comparison

	2026 (YTD)
AOK iShares Core 30/70 Conservative Allocation ETF	2.52%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

Return for Risk

AOK vs. ASET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AOK

AOK Risk / Return Rank: 57
AOK Sharpe Ratio Rank: 57
AOK Sortino Ratio Rank: 58
AOK Omega Ratio Rank: 60
AOK Calmar Ratio Rank: 52
AOK Martin Ratio Rank: 61

ASET

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AOK vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core 30/70 Conservative Allocation ETF (AOK) and FlexShares Real Assets Allocation Index Fund (ASET). 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	ASET	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.64	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.46	—	—
Martin ratio: Return relative to average drawdown	10.37	—	—

Drawdowns

AOK vs. ASET - Drawdown Comparison

The maximum AOK drawdown since its inception was -18.94%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AOK and ASET.

Drawdown Indicators

	AOK	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-18.94%	0.00%	-18.94%
Max Drawdown (1Y) Largest decline over 1 year	-4.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.37%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.94%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.94%	—	—
Current Drawdown Current decline from peak	-0.82%	0.00%	-0.82%
Average Drawdown Average peak-to-trough decline	-2.36%	0.00%	-2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	—	—

Volatility

Volatility by Period

	AOK	ASET	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.01%	0.00%	+6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.15%	0.00%	+7.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.72%	0.00%	+6.72%

AOK vs. ASET - Expense Ratio Comparison

AOK has a 0.15% expense ratio, which is lower than ASET's 0.57% expense ratio.

Dividends

AOK vs. ASET - Dividend Comparison

AOK's dividend yield for the trailing twelve months is around 3.29%, while ASET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOK iShares Core 30/70 Conservative Allocation ETF	3.29%	3.28%	3.23%	2.93%	2.25%	1.55%	2.10%	2.71%	2.68%	2.91%	2.14%	2.02%
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, AOK or ASET?

On fees, AOK is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AOK or ASET?

AOK is cheaper with a 0.15% expense ratio, compared with 0.57% for ASET.

Which ETF pays a higher dividend yield, AOK or ASET?

AOK has the higher dividend yield at 3.29%, compared with 0.00% for ASET.

What is the main difference between AOK and ASET?

AOK tracks S&P Target Risk Conservative Index, while ASET tracks Northern Trust Real Assets Allocation Total Return. They also come from different issuers: iShares and Northern Trust. Their fees differ too: 0.15% for AOK and 0.57% for ASET.