PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
AOK vs. CTAP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AOK vs. CTAP

Last updated Jun 4, 2026

AOK (iShares Core Conservative Allocation ETF) and CTAP (Simplify US Equity PLUS Managed Futures Strategy ETF) are both Diversified Portfolio funds. AOK is passively managed, while CTAP is actively managed. At a 0.15 correlation, their price movements are largely independent. AOK charges 0.25%/yr vs 0.10%/yr for CTAP.

Performance

AOK vs. CTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core Conservative Allocation ETF (AOK) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, AOK achieves a 4.26% return, which is significantly lower than CTAP's 21.95% return.

AOK

1D
-0.41%
1M
1.66%
YTD
4.26%
6M
4.14%
1Y
12.11%
3Y*
9.28%
5Y*
3.71%
10Y*
5.14%

CTAP

1D
-0.32%
1M
-3.24%
YTD
21.95%
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

AOK vs. CTAP - Yearly Performance Comparison

2026 (YTD)2025
AOK
iShares Core Conservative Allocation ETF		4.26%0.19%
CTAP
Simplify US Equity PLUS Managed Futures Strategy ETF		21.95%2.44%

Correlation

The correlation between AOK and CTAP is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 10, 2025

0.15

AOK vs. CTAP - Sectors Allocation Comparison

Sectors
AOK
CTAP

Technology

13.0%

-

Financial Services

6.0%
49.3%

Industrials

3.6%

-

Communication Services

3.4%

-

Consumer Cyclical

3.2%

-

Healthcare

3.0%

-

Consumer Defensive

1.7%

-

Energy

1.5%

-

Basic Materials

1.1%

-

Utilities

0.9%

-

Real Estate

0.5%

-

Technology

AOK
13.0%
CTAP

-

Financial Services

AOK
6.0%
CTAP
49.3%

Industrials

AOK
3.6%
CTAP

-

Communication Services

AOK
3.4%
CTAP

-

Consumer Cyclical

AOK
3.2%
CTAP

-

Healthcare

AOK
3.0%
CTAP

-

Consumer Defensive

AOK
1.7%
CTAP

-

Energy

AOK
1.5%
CTAP

-

Basic Materials

AOK
1.1%
CTAP

-

Utilities

AOK
0.9%
CTAP

-

Real Estate

AOK
0.5%
CTAP

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core Conservative Allocation ETF

Simplify US Equity PLUS Managed Futures Strategy ETF

Often compared with AOK:
AOK vs. AOMAOK vs. AOAAOK vs. SGOVAOK vs. AGGAOK vs. VTAOK vs. EAOMAOK vs. VOO
Often compared with CTAP:
CTAP vs. RSSTCTAP vs. CTACTAP vs. TSPXCTAP vs. RAACTAP vs. RSSBCTAP vs. VOOCTAP vs. ESBG

Return for Risk

AOK vs. CTAP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AOK
AOK Risk / Return Rank: 6161
Overall Rank
AOK Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
AOK Sortino Ratio Rank: 6464
Sortino Ratio Rank
AOK Omega Ratio Rank: 6565
Omega Ratio Rank
AOK Calmar Ratio Rank: 5454
Calmar Ratio Rank
AOK Martin Ratio Rank: 6262
Martin Ratio Rank
CTAP
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. CTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Conservative Allocation ETF (AOK) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). 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.

AOKCTAPDifference
Sharpe ratioReturn per unit of total volatility
2.11

—

—

Sortino ratioReturn per unit of downside risk
3.01

—

—

Omega ratioGain probability vs. loss probability

1.41

—

—

Calmar ratioReturn relative to maximum drawdown

2.70

—

—

Martin ratioReturn relative to average drawdown

11.50

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AOK vs. CTAP - Sharpe Ratio Comparison

Loading charts...

Sharpe Ratios by Period

AOKCTAPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.11

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

2.50

-1.79

Drawdowns

AOK vs. CTAP - Drawdown Comparison

The maximum AOK drawdown since its inception was -18.94%, which is greater than CTAP's maximum drawdown of -9.02%. Use the drawdown chart below to compare losses from any high point for AOK and CTAP.

Loading charts...

Drawdown Indicators

AOKCTAPDifference

Max Drawdown

Largest peak-to-trough decline

-18.94%

-9.02%

-9.92%

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

-0.41%

-4.47%

+4.06%

Average Drawdown

Average peak-to-trough decline

-2.37%

-2.18%

-0.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.06%

—

—

Volatility

AOK vs. CTAP - Volatility Comparison

Loading charts...

Volatility by Period

AOKCTAPDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.97%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

4.47%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

5.76%

23.94%

-18.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.10%

23.94%

-16.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.71%

23.94%

-17.23%

AOK vs. CTAP - Expense Ratio Comparison

AOK has a 0.25% expense ratio, which is higher than CTAP's 0.10% expense ratio. However, 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. CTAP - Dividend Comparison

AOK's dividend yield for the trailing twelve months is around 3.28%, more than CTAP's 0.65% yield.

PositionTTM20252024202320222021202020192018201720162015
AOK
iShares Core Conservative Allocation ETF		3.28%3.28%3.23%2.93%2.25%1.55%2.10%2.71%2.68%2.91%2.14%2.02%
CTAP
Simplify US Equity PLUS Managed Futures Strategy ETF		0.65%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

AOK and CTAP have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CTAP is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CTAP is cheaper with a 0.10% expense ratio, compared with 0.25% for AOK.

AOK has the higher dividend yield at 3.28%, compared with 0.65% for CTAP.

They also come from different issuers: iShares and Simplify. Their fees differ too: 0.25% for AOK and 0.10% for CTAP.

Portfolio Optimizer

Find the right allocation for AOK and CTAP

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer