BIMPX vs. AOK
Compare and contrast key facts about BlackRock 40/60 Target Allocation Fund (BIMPX) and iShares Core Conservative Allocation ETF (AOK).
BIMPX is managed by Blackrock. It was launched on Dec 20, 2006. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMPX or AOK.
Correlation
The correlation between BIMPX and AOK is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BIMPX vs. AOK - Performance Comparison
Key characteristics
BIMPX:
1.62
AOK:
1.63
BIMPX:
2.36
AOK:
2.32
BIMPX:
1.30
AOK:
1.29
BIMPX:
1.21
AOK:
1.53
BIMPX:
8.18
AOK:
7.43
BIMPX:
1.39%
AOK:
1.24%
BIMPX:
7.02%
AOK:
5.66%
BIMPX:
-41.30%
AOK:
-18.93%
BIMPX:
-0.08%
AOK:
-0.15%
Returns By Period
In the year-to-date period, BIMPX achieves a 3.06% return, which is significantly higher than AOK's 2.25% return. Over the past 10 years, BIMPX has underperformed AOK with an annualized return of 3.39%, while AOK has yielded a comparatively higher 4.04% annualized return.
BIMPX
3.06%
1.31%
3.33%
11.55%
3.77%
3.39%
AOK
2.25%
1.30%
2.21%
9.26%
3.14%
4.04%
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BIMPX vs. AOK - Expense Ratio Comparison
BIMPX has a 0.11% expense ratio, which is lower than AOK's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BIMPX vs. AOK — Risk-Adjusted Performance Rank
BIMPX
AOK
BIMPX vs. AOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 40/60 Target Allocation Fund (BIMPX) and iShares Core 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.
Dividends
BIMPX vs. AOK - Dividend Comparison
BIMPX's dividend yield for the trailing twelve months is around 3.32%, more than AOK's 3.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMPX BlackRock 40/60 Target Allocation Fund | 3.32% | 3.42% | 2.97% | 3.05% | 2.23% | 1.37% | 2.66% | 2.58% | 2.50% | 1.84% | 2.16% | 2.93% |
AOK iShares Core Conservative Allocation ETF | 3.22% | 3.23% | 2.93% | 2.25% | 1.55% | 2.10% | 2.72% | 2.68% | 2.91% | 2.14% | 2.02% | 2.08% |
Drawdowns
BIMPX vs. AOK - Drawdown Comparison
The maximum BIMPX drawdown since its inception was -41.30%, which is greater than AOK's maximum drawdown of -18.93%. Use the drawdown chart below to compare losses from any high point for BIMPX and AOK. For additional features, visit the drawdowns tool.
Volatility
BIMPX vs. AOK - Volatility Comparison
BlackRock 40/60 Target Allocation Fund (BIMPX) has a higher volatility of 1.60% compared to iShares Core Conservative Allocation ETF (AOK) at 1.42%. This indicates that BIMPX's price experiences larger fluctuations and is considered to be riskier than AOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.