Correlation
The correlation between BIMPX and AOK is 0.73, 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.
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.
Performance
BIMPX vs. AOK - Performance Comparison
Loading data...
Key characteristics
BIMPX:
1.00
AOK:
1.26
BIMPX:
1.35
AOK:
1.60
BIMPX:
1.18
AOK:
1.21
BIMPX:
1.02
AOK:
1.54
BIMPX:
4.18
AOK:
5.69
BIMPX:
1.99%
AOK:
1.34%
BIMPX:
9.25%
AOK:
6.85%
BIMPX:
-41.30%
AOK:
-18.93%
BIMPX:
-0.08%
AOK:
-0.13%
Returns By Period
The year-to-date returns for both stocks are quite close, with BIMPX having a 3.21% return and AOK slightly lower at 3.12%. Over the past 10 years, BIMPX has underperformed AOK with an annualized return of 3.28%, while AOK has yielded a comparatively higher 4.06% annualized return.
BIMPX
3.21%
2.57%
1.55%
9.21%
5.60%
4.29%
3.28%
AOK
3.12%
1.27%
1.82%
8.54%
4.86%
3.75%
4.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
Dividends
BIMPX vs. AOK - Dividend Comparison
BIMPX's dividend yield for the trailing twelve months is around 3.32%, which matches AOK's 3.29% 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% | 6.35% | 4.54% | 2.66% | 7.95% | 2.50% | 1.84% | 9.77% | 11.44% |
AOK iShares Core Conservative Allocation ETF | 3.29% | 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.
Loading data...
Volatility
BIMPX vs. AOK - Volatility Comparison
BlackRock 40/60 Target Allocation Fund (BIMPX) has a higher volatility of 2.00% compared to iShares Core Conservative Allocation ETF (AOK) at 1.61%. 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.
Loading data...