AOK vs. WNTR
AOK (iShares Core 30/70 Conservative Allocation ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - AOK is a Diversified Portfolio fund tracking the S&P Target Risk Conservative Index, while WNTR is a Derivative Income fund actively managed by YieldMax. AOK is passively managed, while WNTR is actively managed. Over the past year, AOK returned 9.94% vs 116.49% for WNTR. At a correlation of -0.39, they often move in opposite directions. AOK charges 0.15%/yr vs 1.01%/yr for WNTR.
Performance
AOK vs. WNTR - Performance Comparison
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Returns By Period
In the year-to-date period, AOK achieves a 4.29% return, which is significantly lower than WNTR's 8.06% return.
AOK
- 1D
- 0.00%
- 1M
- 0.17%
- 6M
- 3.03%
- YTD
- 4.29%
- 1Y
- 9.94%
- 3Y*
- 9.23%
- 5Y*
- 3.53%
- 10Y*
- 4.96%
WNTR
- 1D
- -0.43%
- 1M
- 15.85%
- 6M
- 10.45%
- YTD
- 8.06%
- 1Y
- 116.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOK vs. WNTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 4.29% | 9.69% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 8.06% | 52.78% |
Correlation
The correlation between AOK and WNTR is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.36 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025 | -0.39 |
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Return for Risk
AOK vs. WNTR — Risk / Return Rank
AOK
WNTR
AOK vs. WNTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 30/70 Conservative Allocation ETF (AOK) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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 | WNTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 2.60 | -0.46 |
| Martin ratioReturn relative to average drawdown | 9.00 | 6.69 | +2.31 |
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Drawdowns
AOK vs. WNTR - Drawdown Comparison
The maximum AOK drawdown since its inception was -18.94%, smaller than the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for AOK and WNTR.
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Drawdown Indicators
| AOK | WNTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -42.65% | +23.71% |
Max Drawdown (1Y)Largest decline over 1 year | -4.50% | -42.65% | +38.15% |
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 | -0.44% | -11.84% | +11.40% |
Average DrawdownAverage peak-to-trough decline | -2.36% | -20.57% | +18.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 16.58% | -15.51% |
Volatility
AOK vs. WNTR - Volatility Comparison
The current volatility for iShares Core 30/70 Conservative Allocation ETF (AOK) is 2.01%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 18.80%. This indicates that AOK experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AOK | WNTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.01% | 18.80% | -16.79% |
Volatility (6M)Calculated over the trailing 6-month period | 4.85% | 47.57% | -42.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.95% | 53.81% | -47.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.15% | 53.62% | -46.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.72% | 53.62% | -46.90% |
AOK vs. WNTR - Expense Ratio Comparison
AOK has a 0.15% expense ratio, which is lower than WNTR's 1.01% expense ratio.
Dividends
AOK vs. WNTR - Dividend Comparison
AOK's dividend yield for the trailing twelve months is around 3.36%, less than WNTR's 104.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 3.36% | 3.28% | 3.23% | 2.93% | 2.25% | 1.55% | 2.10% | 2.71% | 2.68% | 2.91% | 2.14% | 2.02% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 104.11% | 58.56% | 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 WNTR have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WNTR has higher volatility (18.80%) compared to AOK (2.01%). In terms of maximum drawdown, AOK dropped -18.94% vs WNTR's -42.65%.
On 1-year performance, WNTR leads with 116.49% vs 9.94% for AOK. On fees, AOK is cheaper at 0.15% per year. On volatility, AOK has been the lower-risk option at 2.01%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, WNTR has performed better with a 116.49% return vs 9.94%. 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 1.01% for WNTR.
WNTR has the higher dividend yield at 104.11%, compared with 3.36% for AOK.
AOK is categorized as Diversified Portfolio, while WNTR is Derivative Income. They also come from different issuers: iShares and YieldMax. Their fees differ too: 0.15% for AOK and 1.01% for WNTR.
WNTR currently has the higher Sharpe Ratio (2.06 vs 1.62), 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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