AOK vs. CTAP
AOK (iShares Core 30/70 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 0.20 correlation, their price movements are largely independent. AOK charges 0.15%/yr vs 0.10%/yr for CTAP.
Performance
AOK vs. CTAP - Performance Comparison
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Returns By Period
In the year-to-date period, AOK achieves a 3.83% return, which is significantly lower than CTAP's 5.23% return.
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%
CTAP
- 1D
- -2.94%
- 1M
- -14.89%
- YTD
- 5.23%
- 6M
- 3.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOK vs. CTAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 3.83% | -0.08% |
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF | 5.23% | 2.22% |
Correlation
The correlation between AOK and CTAP is 0.20, 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 9, 2025 | 0.20 |
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Return for Risk
AOK vs. CTAP — Risk / Return Rank
AOK
CTAP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AOK vs. CTAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 30/70 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.
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 | CTAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | — | — |
| Martin ratioReturn relative to average drawdown | 10.37 | — | — |
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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 -17.57%. Use the drawdown chart below to compare losses from any high point for AOK and CTAP.
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Drawdown Indicators
| AOK | CTAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -17.57% | -1.37% |
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 DrawdownCurrent decline from peak | -0.82% | -17.57% | +16.75% |
Average DrawdownAverage peak-to-trough decline | -2.36% | -3.10% | +0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | — | — |
Volatility
AOK vs. CTAP - Volatility Comparison
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Volatility by Period
| AOK | CTAP | 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% | 24.63% | -18.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.15% | 24.63% | -17.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.72% | 24.63% | -17.91% |
AOK vs. CTAP - Expense Ratio Comparison
AOK has a 0.15% 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 3.29%, more than CTAP's 0.75% yield.
| 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% |
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF | 0.75% | 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 0.20, 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 0.15% for AOK.
AOK has the higher dividend yield at 3.29%, compared with 0.75% for CTAP.
They also come from different issuers: iShares and Simplify. Their fees differ too: 0.15% for AOK and 0.10% for CTAP.
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