AOK vs. UCON
Compare and contrast key facts about iShares Core Conservative Allocation ETF (AOK) and First Trust TCW Unconstrained Plus Bond ETF (UCON).
AOK and UCON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AOK is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Conservative Index. It was launched on Nov 4, 2008. UCON is an actively managed fund by First Trust. It was launched on Jun 4, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOK or UCON.
Correlation
The correlation between AOK and UCON is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AOK vs. UCON - Performance Comparison
Key characteristics
AOK:
1.04
UCON:
2.20
AOK:
1.49
UCON:
3.27
AOK:
1.19
UCON:
1.42
AOK:
1.41
UCON:
3.65
AOK:
5.19
UCON:
9.03
AOK:
1.35%
UCON:
0.67%
AOK:
6.80%
UCON:
2.81%
AOK:
-18.94%
UCON:
-15.31%
AOK:
-0.65%
UCON:
-0.36%
Returns By Period
In the year-to-date period, AOK achieves a 1.82% return, which is significantly higher than UCON's 1.64% return.
AOK
1.82%
4.53%
0.67%
7.04%
3.98%
3.93%
UCON
1.64%
0.65%
1.96%
6.14%
3.69%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AOK vs. UCON - Expense Ratio Comparison
AOK has a 0.25% expense ratio, which is lower than UCON's 0.76% expense ratio.
Risk-Adjusted Performance
AOK vs. UCON — Risk-Adjusted Performance Rank
AOK
UCON
AOK vs. UCON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Conservative Allocation ETF (AOK) and First Trust TCW Unconstrained Plus Bond ETF (UCON). 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.
Dividends
AOK vs. UCON - Dividend Comparison
AOK's dividend yield for the trailing twelve months is around 3.33%, less than UCON's 4.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOK iShares Core Conservative Allocation ETF | 3.33% | 3.23% | 2.93% | 2.25% | 1.55% | 2.10% | 2.72% | 2.68% | 2.91% | 2.14% | 2.02% | 2.08% |
UCON First Trust TCW Unconstrained Plus Bond ETF | 4.78% | 4.95% | 4.75% | 3.12% | 2.20% | 3.14% | 3.50% | 1.76% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AOK vs. UCON - Drawdown Comparison
The maximum AOK drawdown since its inception was -18.94%, which is greater than UCON's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for AOK and UCON. For additional features, visit the drawdowns tool.
Volatility
AOK vs. UCON - Volatility Comparison
iShares Core Conservative Allocation ETF (AOK) has a higher volatility of 3.38% compared to First Trust TCW Unconstrained Plus Bond ETF (UCON) at 0.83%. This indicates that AOK's price experiences larger fluctuations and is considered to be riskier than UCON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.