EAOK vs. SPLS

Last updated Jun 26, 2026

EAOK (iShares ESG Aware Conservative Allocation ETF) and SPLS (PIMCO U.S. Stocks PLUS Active Bond ETF) are both Diversified Portfolio funds. EAOK is passively managed, while SPLS is actively managed. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.

Performance

EAOK vs. SPLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Aware Conservative Allocation ETF (EAOK) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EAOK

• 1D: 0.17%
• 1M: 0.33%
• YTD: 3.88%
• 6M: 3.50%
• 1Y: 10.58%
• 3Y*: 8.69%
• 5Y*: 3.13%
• 10Y*: —

SPLS

• 1D: 0.03%
• 1M: -2.13%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EAOK vs. SPLS - Yearly Performance Comparison

	2026 (YTD)
EAOK iShares ESG Aware Conservative Allocation ETF	2.85%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	6.52%

Correlation

The correlation between EAOK and SPLS is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 16, 2026	0.90

Return for Risk

EAOK vs. SPLS — Risk / Return Rank

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

EAOK

EAOK Risk / Return Rank: 63
EAOK Sharpe Ratio Rank: 64
EAOK Sortino Ratio Rank: 66
EAOK Omega Ratio Rank: 67
EAOK Calmar Ratio Rank: 55
EAOK Martin Ratio Rank: 64

SPLS

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

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. SPLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Conservative Allocation ETF (EAOK) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). 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	SPLS	Difference
Sharpe ratio: Return per unit of total volatility	1.85	—	—
Sortino ratio: Return per unit of downside risk	2.66	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.40	—	—
Martin ratio: Return relative to average drawdown	10.30	—	—

Drawdowns

EAOK vs. SPLS - Drawdown Comparison

The maximum EAOK drawdown since its inception was -19.91%, which is greater than SPLS's maximum drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for EAOK and SPLS.

Drawdown Indicators

	EAOK	SPLS	Difference
Max Drawdown Largest peak-to-trough decline	-19.91%	-9.24%	-10.67%
Max Drawdown (1Y) Largest decline over 1 year	-4.43%	—	—
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	-0.36%	-3.25%	+2.89%
Average Drawdown Average peak-to-trough decline	-4.98%	-1.90%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	—	—

Volatility

Volatility by Period

	EAOK	SPLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.75%	15.48%	-9.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.10%	15.48%	-8.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.84%	15.48%	-8.64%

EAOK vs. SPLS - Expense Ratio Comparison

Both EAOK and SPLS have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EAOK vs. SPLS - Dividend Comparison

EAOK's dividend yield for the trailing twelve months is around 3.17%, more than SPLS's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EAOK iShares ESG Aware Conservative Allocation ETF	3.17%	3.18%	3.15%	2.80%	2.27%	1.19%	1.00%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EAOK and SPLS in my portfolio?

EAOK and SPLS have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EAOK or SPLS?

Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EAOK or SPLS?

EAOK and SPLS have the same expense ratio: 0.18% per year.

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

EAOK has the higher dividend yield at 3.17%, compared with 0.22% for SPLS.

What is the main difference between EAOK and SPLS?

They also come from different issuers: iShares and PIMCO.