ASET vs. AOK

Last updated Jul 14, 2026

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

Performance

ASET vs. AOK - Performance Comparison

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

Returns By Period

ASET

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

AOK

• 1D: -0.56%
• 1M: -0.39%
• 6M: 2.38%
• YTD: 3.71%
• 1Y: 9.32%
• 3Y*: 8.52%
• 5Y*: 3.40%
• 10Y*: 4.92%

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

ASET vs. AOK - Yearly Performance Comparison

	2026 (YTD)
ASET FlexShares Real Assets Allocation Index Fund	0.00%
AOK iShares Core 30/70 Conservative Allocation ETF	2.40%

Return for Risk

ASET vs. AOK — Risk / Return Rank

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

ASET

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

AOK

AOK Risk / Return Rank: 59
AOK Sharpe Ratio Rank: 59
AOK Sortino Ratio Rank: 59
AOK Omega Ratio Rank: 61
AOK Calmar Ratio Rank: 52
AOK Martin Ratio Rank: 62

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.

ASET vs. AOK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) and iShares Core 30/70 Conservative Allocation ETF (AOK). 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.

	ASET	AOK	Difference
Sharpe ratio: Return per unit of total volatility	—	1.57	—
Sortino ratio: Return per unit of downside risk	—	2.23	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.08	—
Martin ratio: Return relative to average drawdown	—	8.75	—

Drawdowns

ASET vs. AOK - Drawdown Comparison

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

Drawdown Indicators

	ASET	AOK	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-18.94%	+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	0.00%	-0.99%	+0.99%
Average Drawdown Average peak-to-trough decline	0.00%	-2.36%	+2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.07%	—

Volatility

Volatility by Period

	ASET	AOK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	5.98%	-5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	7.16%	-7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	6.72%	-6.72%

ASET vs. AOK - Expense Ratio Comparison

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

Dividends

ASET vs. AOK - Dividend Comparison

ASET has not paid dividends to shareholders, while AOK's dividend yield for the trailing twelve months is around 3.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOK iShares Core 30/70 Conservative Allocation ETF	3.38%	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, ASET or AOK?

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, ASET or AOK?

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

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

AOK has the higher dividend yield at 3.38%, compared with 0.00% for ASET.

What is the main difference between ASET and AOK?

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