SWLRX vs. AOK
SWLRX (Schwab Monthly Income Fund - Maximum Payout) and AOK (iShares Core 30/70 Conservative Allocation ETF) are both Diversified Portfolio funds. Over the past 10 years, SWLRX returned 3.47%/yr vs 5.20%/yr for AOK. A 0.70 correlation means they provide meaningful diversification when combined. SWLRX charges 0.00%/yr vs 0.15%/yr for AOK.
Performance
SWLRX vs. AOK - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SWLRX having a 3.95% return and AOK slightly lower at 3.83%. Over the past 10 years, SWLRX has underperformed AOK with an annualized return of 3.47%, while AOK has yielded a comparatively higher 5.20% annualized return.
SWLRX
- 1D
- -0.20%
- 1M
- -0.23%
- YTD
- 3.95%
- 6M
- 3.91%
- 1Y
- 9.35%
- 3Y*
- 7.93%
- 5Y*
- 2.59%
- 10Y*
- 3.47%
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%
SWLRX vs. AOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWLRX Schwab Monthly Income Fund - Maximum Payout | 3.95% | 9.85% | 3.75% | 8.04% | -12.49% | 2.33% | 6.93% | 11.18% | -2.31% | 5.64% |
AOK iShares Core 30/70 Conservative Allocation ETF | 3.83% | 11.26% | 6.58% | 10.85% | -14.16% | 4.87% | 9.33% | 13.90% | -3.09% | 9.70% |
Correlation
The correlation between SWLRX and AOK is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2008 | 0.70 |
The correlation between SWLRX and AOK shifts across timeframes, from 0.70 (all time) to 0.84 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWLRX vs. AOK — Risk / Return Rank
SWLRX
AOK
SWLRX vs. AOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Maximum Payout (SWLRX) 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.
| SWLRX | AOK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.35 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 2.46 | +0.33 |
| Martin ratioReturn relative to average drawdown | 10.04 | 10.37 | -0.33 |
Loading charts...
Drawdowns
SWLRX vs. AOK - Drawdown Comparison
The maximum SWLRX drawdown since its inception was -18.60%, roughly equal to the maximum AOK drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for SWLRX and AOK.
Loading charts...
Drawdown Indicators
| SWLRX | AOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.60% | -18.94% | +0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -3.49% | -4.50% | +1.01% |
Max Drawdown (3Y)Largest decline over 3 years | -6.47% | -6.37% | -0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -18.60% | -18.94% | +0.34% |
Max Drawdown (10Y)Largest decline over 10 years | -18.60% | -18.94% | +0.34% |
Current DrawdownCurrent decline from peak | -1.05% | -0.82% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -2.36% | -2.36% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 1.07% | -0.10% |
Volatility
SWLRX vs. AOK - Volatility Comparison
The current volatility for Schwab Monthly Income Fund - Maximum Payout (SWLRX) is 1.38%, while iShares Core 30/70 Conservative Allocation ETF (AOK) has a volatility of 2.25%. This indicates that SWLRX experiences smaller price fluctuations and is considered to be less risky than AOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SWLRX | AOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 2.25% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 3.43% | 4.85% | -1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.50% | 6.01% | -1.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.22% | 7.15% | -0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.15% | 6.72% | -1.57% |
SWLRX vs. AOK - Expense Ratio Comparison
SWLRX has a 0.00% 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
SWLRX vs. AOK - Dividend Comparison
SWLRX's dividend yield for the trailing twelve months is around 4.60%, more 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% |
SWLRX Schwab Monthly Income Fund - Maximum Payout | 4.60% | 4.63% | 4.94% | 4.10% | 4.63% | 3.07% | 2.19% | 3.22% | 3.30% | 2.47% | 4.00% | 4.31% |
Frequently Asked Questions
SWLRX and AOK have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AOK has higher volatility (2.25%) compared to SWLRX (1.38%). In terms of maximum drawdown, SWLRX dropped -18.60% vs AOK's -18.94%.
SWLRX currently has the higher Sharpe Ratio (2.17 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.
Find the right allocation for SWLRX and AOK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer