IRTR vs. AOK
IRTR (iShares LifePath Retirement ETF) and AOK (iShares Core 30/70 Conservative Allocation ETF) are both exchange-traded funds - IRTR is a Target Retirement Date fund actively managed by iShares, while AOK is a Diversified Portfolio fund tracking the S&P Target Risk Conservative Index. IRTR is actively managed, while AOK is passively managed. Over the past year, IRTR returned 12.19% vs 10.41% for AOK. Their correlation of 0.94 suggests significant overlap in exposure. IRTR charges 0.08%/yr vs 0.15%/yr for AOK.
Performance
IRTR vs. AOK - Performance Comparison
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Returns By Period
In the year-to-date period, IRTR achieves a 4.92% return, which is significantly higher than AOK's 4.21% return.
IRTR
- 1D
- 0.15%
- 1M
- -0.03%
- YTD
- 4.92%
- 6M
- 4.52%
- 1Y
- 12.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOK
- 1D
- 0.15%
- 1M
- 0.09%
- YTD
- 4.21%
- 6M
- 3.80%
- 1Y
- 10.41%
- 3Y*
- 9.17%
- 5Y*
- 3.70%
- 10Y*
- 5.26%
IRTR vs. AOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IRTR iShares LifePath Retirement ETF | 4.92% | 12.70% | 7.59% | 11.03% |
AOK iShares Core 30/70 Conservative Allocation ETF | 4.21% | 11.26% | 6.58% | 9.36% |
Correlation
The correlation between IRTR and AOK is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.94 |
The correlation between IRTR and AOK has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.
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Return for Risk
IRTR vs. AOK — Risk / Return Rank
IRTR
AOK
IRTR vs. AOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares LifePath Retirement ETF (IRTR) 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.
| IRTR | AOK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.33 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 2.32 | +0.22 |
| Martin ratioReturn relative to average drawdown | 10.97 | 9.77 | +1.20 |
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Drawdowns
IRTR vs. AOK - Drawdown Comparison
The maximum IRTR drawdown since its inception was -6.29%, smaller than the maximum AOK drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for IRTR and AOK.
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Drawdown Indicators
| IRTR | AOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.29% | -18.94% | +12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -4.82% | -4.50% | -0.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.37% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.94% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.94% | — |
Current DrawdownCurrent decline from peak | -0.62% | -0.46% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -0.78% | -2.36% | +1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 1.07% | +0.04% |
Volatility
IRTR vs. AOK - Volatility Comparison
iShares LifePath Retirement ETF (IRTR) has a higher volatility of 2.44% compared to iShares Core 30/70 Conservative Allocation ETF (AOK) at 2.19%. This indicates that IRTR'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.
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Volatility by Period
| IRTR | AOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 2.19% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 5.29% | 4.86% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.30% | 5.94% | +0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.10% | 7.15% | -0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.10% | 6.72% | +0.38% |
IRTR vs. AOK - Expense Ratio Comparison
IRTR has a 0.08% expense ratio, which is lower than AOK's 0.15% 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%.
Dividends
IRTR vs. AOK - Dividend Comparison
IRTR's dividend yield for the trailing twelve months is around 3.00%, less than AOK's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 3.28% | 3.28% | 3.23% | 2.93% | 2.25% | 1.55% | 2.10% | 2.71% | 2.68% | 2.91% | 2.14% | 2.02% |
IRTR iShares LifePath Retirement ETF | 3.00% | 3.03% | 3.03% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, IRTR and AOK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
IRTR has higher volatility (2.44%) compared to AOK (2.19%). In terms of maximum drawdown, IRTR dropped -6.29% vs AOK's -18.94%.
On 1-year performance, IRTR leads with 12.19% vs 10.41% for AOK. On fees, IRTR is cheaper at 0.08% per year. On volatility, AOK has been the lower-risk option at 2.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IRTR has performed better with a 12.19% return vs 10.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IRTR is cheaper with a 0.08% expense ratio, compared with 0.15% for AOK.
AOK has the higher dividend yield at 3.28%, compared with 3.00% for IRTR.
IRTR is categorized as Target Retirement Date, while AOK is Diversified Portfolio. Their fees differ too: 0.08% for IRTR and 0.15% for AOK.
IRTR currently has the higher Sharpe Ratio (1.94 vs 1.76), 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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