INKM vs. AOA
Compare and contrast key facts about SPDR SSgA Income Allocation ETF (INKM) and iShares Core Aggressive Allocation ETF (AOA).
INKM and AOA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INKM is an actively managed fund by State Street. It was launched on Apr 25, 2012. AOA is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Aggressive 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: INKM or AOA.
Correlation
The correlation between INKM and AOA is 0.72, 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
INKM vs. AOA - Performance Comparison
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Key characteristics
INKM:
1.01
AOA:
0.76
INKM:
1.43
AOA:
1.17
INKM:
1.20
AOA:
1.17
INKM:
1.21
AOA:
0.83
INKM:
4.84
AOA:
3.73
INKM:
1.55%
AOA:
2.89%
INKM:
7.74%
AOA:
14.05%
INKM:
-28.58%
AOA:
-28.38%
INKM:
-0.19%
AOA:
-0.20%
Returns By Period
In the year-to-date period, INKM achieves a 3.46% return, which is significantly lower than AOA's 5.10% return. Over the past 10 years, INKM has underperformed AOA with an annualized return of 4.07%, while AOA has yielded a comparatively higher 7.67% annualized return.
INKM
3.46%
2.62%
1.64%
7.74%
4.90%
6.36%
4.07%
AOA
5.10%
8.81%
4.40%
10.56%
11.48%
11.38%
7.67%
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INKM vs. AOA - Expense Ratio Comparison
INKM has a 0.50% expense ratio, which is higher than AOA's 0.25% expense ratio.
Risk-Adjusted Performance
INKM vs. AOA — Risk-Adjusted Performance Rank
INKM
AOA
INKM vs. AOA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSgA Income Allocation ETF (INKM) and iShares Core Aggressive Allocation ETF (AOA). 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.
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Dividends
INKM vs. AOA - Dividend Comparison
INKM's dividend yield for the trailing twelve months is around 4.67%, more than AOA's 2.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INKM SPDR SSgA Income Allocation ETF | 4.67% | 4.83% | 4.56% | 5.03% | 3.74% | 3.88% | 4.38% | 4.08% | 3.10% | 3.39% | 3.45% | 3.47% |
AOA iShares Core Aggressive Allocation ETF | 2.21% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.02% | 2.15% | 2.18% |
Drawdowns
INKM vs. AOA - Drawdown Comparison
The maximum INKM drawdown since its inception was -28.58%, roughly equal to the maximum AOA drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for INKM and AOA. For additional features, visit the drawdowns tool.
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Volatility
INKM vs. AOA - Volatility Comparison
The current volatility for SPDR SSgA Income Allocation ETF (INKM) is 1.74%, while iShares Core Aggressive Allocation ETF (AOA) has a volatility of 3.01%. This indicates that INKM experiences smaller price fluctuations and is considered to be less risky than AOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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