IFAFX vs. AOK
IFAFX (American Funds Income Fund of America Class F1) and AOK (iShares Core 30/70 Conservative Allocation ETF) are both funds - IFAFX is a Global Allocation fund actively managed by American Funds, while AOK is a Diversified Portfolio fund tracking the S&P Target Risk Conservative Index. IFAFX is actively managed, while AOK is passively managed. Over the past 10 years, IFAFX returned 8.31%/yr vs 5.19%/yr for AOK. A 0.76 correlation means they provide meaningful diversification when combined. IFAFX charges 0.63%/yr vs 0.15%/yr for AOK.
Performance
IFAFX vs. AOK - Performance Comparison
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Returns By Period
In the year-to-date period, IFAFX achieves a 5.47% return, which is significantly higher than AOK's 4.66% return. Over the past 10 years, IFAFX has outperformed AOK with an annualized return of 8.31%, while AOK has yielded a comparatively lower 5.19% annualized return.
IFAFX
- 1D
- -0.40%
- 1M
- -0.75%
- YTD
- 5.47%
- 6M
- 6.04%
- 1Y
- 14.17%
- 3Y*
- 12.72%
- 5Y*
- 8.02%
- 10Y*
- 8.31%
AOK
- 1D
- 0.61%
- 1M
- 1.23%
- YTD
- 4.66%
- 6M
- 4.56%
- 1Y
- 12.01%
- 3Y*
- 9.11%
- 5Y*
- 3.86%
- 10Y*
- 5.19%
IFAFX vs. AOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IFAFX American Funds Income Fund of America Class F1 | 5.47% | 17.71% | 10.76% | 6.76% | -6.48% | 17.28% | 4.40% | 18.41% | -5.33% | 12.48% |
AOK iShares Core 30/70 Conservative Allocation ETF | 4.66% | 11.26% | 6.58% | 10.85% | -14.16% | 4.87% | 9.33% | 13.90% | -3.09% | 9.70% |
Correlation
The correlation between IFAFX and AOK is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2008 | 0.76 |
The correlation between IFAFX and AOK has been stable across timeframes, ranging from 0.73 to 0.76 - a consistent structural relationship.
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Return for Risk
IFAFX vs. AOK — Risk / Return Rank
IFAFX
AOK
IFAFX vs. AOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Income Fund of America Class F1 (IFAFX) 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.
| IFAFX | AOK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.39 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.69 | -0.36 |
| Martin ratioReturn relative to average drawdown | 8.59 | 11.34 | -2.74 |
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Drawdowns
IFAFX vs. AOK - Drawdown Comparison
The maximum IFAFX drawdown since its inception was -41.90%, which is greater than AOK's maximum drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for IFAFX and AOK.
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Drawdown Indicators
| IFAFX | AOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.90% | -18.94% | -22.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.11% | -4.50% | -1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -8.63% | -6.37% | -2.26% |
Max Drawdown (5Y)Largest decline over 5 years | -15.84% | -18.94% | +3.10% |
Max Drawdown (10Y)Largest decline over 10 years | -26.13% | -18.94% | -7.19% |
Current DrawdownCurrent decline from peak | -1.99% | -0.02% | -1.97% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -2.36% | -1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.06% | +0.59% |
Volatility
IFAFX vs. AOK - Volatility Comparison
American Funds Income Fund of America Class F1 (IFAFX) and iShares Core 30/70 Conservative Allocation ETF (AOK) have volatilities of 2.28% and 2.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IFAFX | AOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.28% | 2.26% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 5.81% | 4.83% | +0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.39% | 5.97% | +1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.50% | 7.15% | +2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.69% | 6.73% | +3.96% |
IFAFX vs. AOK - Expense Ratio Comparison
IFAFX has a 0.63% expense ratio, which is higher than AOK's 0.15% expense ratio.
Dividends
IFAFX vs. AOK - Dividend Comparison
IFAFX's dividend yield for the trailing twelve months is around 9.51%, more than AOK's 3.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 3.27% | 3.28% | 3.23% | 2.93% | 2.25% | 1.55% | 2.10% | 2.71% | 2.68% | 2.91% | 2.14% | 2.02% |
IFAFX American Funds Income Fund of America Class F1 | 9.51% | 9.91% | 6.33% | 2.90% | 6.94% | 6.61% | 2.76% | 4.95% | 7.39% | 4.20% | 3.01% | 5.02% |
Frequently Asked Questions
IFAFX and AOK have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IFAFX has higher volatility (2.28%) compared to AOK (2.26%). In terms of maximum drawdown, IFAFX dropped -41.90% vs AOK's -18.94%.
AOK currently has the higher Sharpe Ratio (2.03 vs 1.92), 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.
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