EAOK vs. DRAI

Last updated Jun 23, 2026

EAOK (iShares ESG Aware Conservative Allocation ETF) and DRAI (Draco Evolution AI ETF) are both Diversified Portfolio funds. EAOK is passively managed, while DRAI is actively managed. Over the past year, EAOK returned 11.95% vs 37.40% for DRAI. A 0.74 correlation means they provide meaningful diversification when combined. EAOK charges 0.18%/yr vs 1.50%/yr for DRAI.

Performance

EAOK vs. DRAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Aware Conservative Allocation ETF (EAOK) and Draco Evolution AI ETF (DRAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EAOK achieves a 3.98% return, which is significantly lower than DRAI's 14.87% return.

EAOK

• 1D: -0.22%
• 1M: 1.03%
• YTD: 3.98%
• 6M: 3.97%
• 1Y: 11.95%
• 3Y*: 8.74%
• 5Y*: 3.20%
• 10Y*: —

DRAI

• 1D: -0.32%
• 1M: -1.11%
• YTD: 14.87%
• 6M: 13.70%
• 1Y: 37.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EAOK vs. DRAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EAOK iShares ESG Aware Conservative Allocation ETF	3.98%	11.47%	1.95%
DRAI Draco Evolution AI ETF	14.87%	33.68%	-6.79%

Correlation

The correlation between EAOK and DRAI is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jul 10, 2024	0.74

The correlation between EAOK and DRAI has been stable across timeframes, ranging from 0.74 to 0.76 - a consistent structural relationship.

Return for Risk

EAOK vs. DRAI — Risk / Return Rank

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

EAOK

EAOK Risk / Return Rank: 65
EAOK Sharpe Ratio Rank: 65
EAOK Sortino Ratio Rank: 68
EAOK Omega Ratio Rank: 70
EAOK Calmar Ratio Rank: 56
EAOK Martin Ratio Rank: 66

DRAI

DRAI Risk / Return Rank: 81
DRAI Sharpe Ratio Rank: 81
DRAI Sortino Ratio Rank: 77
DRAI Omega Ratio Rank: 83
DRAI Calmar Ratio Rank: 89
DRAI Martin Ratio Rank: 74

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.

EAOK vs. DRAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Conservative Allocation ETF (EAOK) and Draco Evolution AI ETF (DRAI). 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.

	EAOK	DRAI	Difference
Sharpe ratio: Return per unit of total volatility	2.08	2.49	-0.41
Sortino ratio: Return per unit of downside risk	3.01	3.26	-0.26
Omega ratio: Gain probability vs. loss probability	1.40	1.48	-0.08
Calmar ratio: Return relative to maximum drawdown	2.71	5.20	-2.50
Martin ratio: Return relative to average drawdown	11.65	13.51	-1.87

EAOK vs. DRAI - Sharpe Ratio Comparison

The current EAOK Sharpe Ratio is 2.08, which is comparable to the DRAI Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of EAOK and DRAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EAOK vs. DRAI - Drawdown Comparison

The maximum EAOK drawdown since its inception was -19.91%, which is greater than DRAI's maximum drawdown of -13.69%. Use the drawdown chart below to compare losses from any high point for EAOK and DRAI.

Drawdown Indicators

	EAOK	DRAI	Difference
Max Drawdown Largest peak-to-trough decline	-19.91%	-13.69%	-6.22%
Max Drawdown (1Y) Largest decline over 1 year	-4.43%	-7.22%	+2.79%
Max Drawdown (3Y) Largest decline over 3 years	-7.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.91%	—	—
Current Drawdown Current decline from peak	-0.27%	-3.55%	+3.28%
Average Drawdown Average peak-to-trough decline	-4.98%	-4.08%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	2.77%	-1.74%

Volatility

EAOK vs. DRAI - Volatility Comparison

The current volatility for iShares ESG Aware Conservative Allocation ETF (EAOK) is 2.24%, while Draco Evolution AI ETF (DRAI) has a volatility of 6.81%. This indicates that EAOK experiences smaller price fluctuations and is considered to be less risky than DRAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EAOK	DRAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.24%	6.81%	-4.57%
Volatility (6M) Calculated over the trailing 6-month period	4.84%	11.65%	-6.81%
Volatility (1Y) Calculated over the trailing 1-year period	5.79%	15.13%	-9.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.09%	17.18%	-10.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.85%	17.18%	-10.33%

EAOK vs. DRAI - Expense Ratio Comparison

EAOK has a 0.18% expense ratio, which is lower than DRAI's 1.50% expense ratio.

Dividends

EAOK vs. DRAI - Dividend Comparison

EAOK's dividend yield for the trailing twelve months is around 3.17%, more than DRAI's 1.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DRAI Draco Evolution AI ETF	1.34%	1.48%	2.18%	0.00%	0.00%	0.00%	0.00%
EAOK iShares ESG Aware Conservative Allocation ETF	3.17%	3.18%	3.15%	2.80%	2.27%	1.19%	1.00%

Frequently Asked Questions

Can I hold both EAOK and DRAI in my portfolio?

EAOK and DRAI have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EAOK or DRAI?

DRAI has higher volatility (6.81%) compared to EAOK (2.24%). In terms of maximum drawdown, EAOK dropped -19.91% vs DRAI's -13.69%.

Which ETF is better, EAOK or DRAI?

On 1-year performance, DRAI leads with 37.40% vs 11.95% for EAOK. On fees, EAOK is cheaper at 0.18% per year. On volatility, EAOK has been the lower-risk option at 2.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EAOK or DRAI?

Over the 1-year period, DRAI has performed better with a 37.40% return vs 11.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EAOK or DRAI?

EAOK is cheaper with a 0.18% expense ratio, compared with 1.50% for DRAI.

Which ETF pays a higher dividend yield, EAOK or DRAI?

EAOK has the higher dividend yield at 3.17%, compared with 1.34% for DRAI.

What is the main difference between EAOK and DRAI?

They also come from different issuers: iShares and Draco Evolution. Their fees differ too: 0.18% for EAOK and 1.50% for DRAI.

Which has better risk-adjusted returns?

DRAI currently has the higher Sharpe Ratio (2.49 vs 2.08), 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.