MKAM vs. AOK
MKAM (MKAM ETF) and AOK (iShares Core 30/70 Conservative Allocation ETF) are both Diversified Portfolio funds. MKAM is actively managed, while AOK is passively managed. Over the past 3 years, MKAM returned 9.64%/yr vs 9.03%/yr for AOK. A 0.71 correlation means they provide meaningful diversification when combined. MKAM charges 0.96%/yr vs 0.15%/yr for AOK.
Performance
MKAM vs. AOK - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with MKAM having a 3.90% return and AOK slightly lower at 3.83%.
MKAM
- 1D
- -0.67%
- 1M
- -0.58%
- YTD
- 3.90%
- 6M
- 3.53%
- 1Y
- 12.35%
- 3Y*
- 9.64%
- 5Y*
- —
- 10Y*
- —
AOK
- 1D
- -0.58%
- 1M
- 0.30%
- YTD
- 3.83%
- 6M
- 3.39%
- 1Y
- 11.04%
- 3Y*
- 9.03%
- 5Y*
- 3.59%
- 10Y*
- 5.20%
MKAM vs. AOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MKAM MKAM ETF | 3.90% | 8.07% | 12.15% | 7.69% |
AOK iShares Core 30/70 Conservative Allocation ETF | 3.83% | 11.26% | 6.58% | 5.77% |
Correlation
The correlation between MKAM and AOK is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2023 | 0.71 |
The correlation between MKAM and AOK shifts across timeframes, from 0.71 (all time) to 0.81 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MKAM vs. AOK — Risk / Return Rank
MKAM
AOK
MKAM vs. AOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MKAM ETF (MKAM) 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.
| MKAM | AOK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.35 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 2.46 | +0.87 |
| Martin ratioReturn relative to average drawdown | 12.19 | 10.37 | +1.81 |
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Drawdowns
MKAM vs. AOK - Drawdown Comparison
The maximum MKAM drawdown since its inception was -5.01%, smaller than the maximum AOK drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for MKAM and AOK.
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Drawdown Indicators
| MKAM | AOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.01% | -18.94% | +13.93% |
Max Drawdown (1Y)Largest decline over 1 year | -3.72% | -4.50% | +0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -5.01% | -6.37% | +1.36% |
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 | -1.52% | -0.82% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -2.36% | +1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 1.07% | -0.05% |
Volatility
MKAM vs. AOK - Volatility Comparison
MKAM ETF (MKAM) has a higher volatility of 2.40% compared to iShares Core 30/70 Conservative Allocation ETF (AOK) at 2.25%. This indicates that MKAM'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
| MKAM | AOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 2.25% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 4.94% | 4.85% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.41% | 6.01% | +0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 7.15% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.31% | 6.72% | -0.41% |
MKAM vs. AOK - Expense Ratio Comparison
MKAM has a 0.96% expense ratio, which is higher than AOK's 0.15% expense ratio.
Dividends
MKAM vs. AOK - Dividend Comparison
MKAM's dividend yield for the trailing twelve months is around 2.94%, less than AOK's 3.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOK iShares Core 30/70 Conservative Allocation ETF | 3.29% | 3.28% | 3.23% | 2.93% | 2.25% | 1.55% | 2.10% | 2.71% | 2.68% | 2.91% | 2.14% | 2.02% |
MKAM MKAM ETF | 2.94% | 2.56% | 1.88% | 1.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MKAM and AOK have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MKAM has higher volatility (2.40%) compared to AOK (2.25%). In terms of maximum drawdown, MKAM dropped -5.01% vs AOK's -18.94%.
On 3-year performance, MKAM leads with 9.64% vs 9.03% for AOK. On fees, AOK is cheaper at 0.15% per year. On volatility, AOK has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, MKAM has performed better with a 9.64% return vs 9.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOK is cheaper with a 0.15% expense ratio, compared with 0.96% for MKAM.
AOK has the higher dividend yield at 3.29%, compared with 2.94% for MKAM.
They also come from different issuers: MKAM and iShares. Their fees differ too: 0.96% for MKAM and 0.15% for AOK.
MKAM currently has the higher Sharpe Ratio (1.94 vs 1.84), 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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