SWYAX vs. AOK
SWYAX (Schwab Target 2010 Index Fund) and AOK (iShares Core 30/70 Conservative Allocation ETF) are both funds - SWYAX is a Target Retirement Date fund managed by Charles Schwab, while AOK is a Diversified Portfolio fund tracking the S&P Target Risk Conservative Index. Over the past 5 years, SWYAX returned 4.63%/yr vs 3.86%/yr for AOK. Their correlation of 0.89 suggests significant overlap in exposure. SWYAX charges 0.04%/yr vs 0.15%/yr for AOK.
Performance
SWYAX vs. AOK - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SWYAX having a 4.56% return and AOK slightly higher at 4.66%.
SWYAX
- 1D
- 0.51%
- 1M
- 1.03%
- YTD
- 4.56%
- 6M
- 4.76%
- 1Y
- 12.14%
- 3Y*
- 9.42%
- 5Y*
- 4.63%
- 10Y*
- —
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%
SWYAX vs. AOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWYAX Schwab Target 2010 Index Fund | 4.56% | 11.17% | 7.18% | 11.95% | -13.28% | 6.99% | 10.61% | 14.55% | -2.27% | 9.48% |
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 SWYAX 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 (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2016 | 0.89 |
The correlation between SWYAX and AOK has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.
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
SWYAX vs. AOK — Risk / Return Rank
SWYAX
AOK
SWYAX vs. AOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2010 Index Fund (SWYAX) 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.
| SWYAX | 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 | 1.43 | 1.39 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.91 | 2.69 | +0.22 |
| Martin ratioReturn relative to average drawdown | 12.94 | 11.34 | +1.61 |
Loading charts...
Drawdowns
SWYAX vs. AOK - Drawdown Comparison
The maximum SWYAX drawdown since its inception was -19.82%, roughly equal to the maximum AOK drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for SWYAX and AOK.
Loading charts...
Drawdown Indicators
| SWYAX | AOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.82% | -18.94% | -0.88% |
Max Drawdown (1Y)Largest decline over 1 year | -4.16% | -4.50% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -6.50% | -6.37% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -19.82% | -18.94% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.94% | — |
Current DrawdownCurrent decline from peak | -0.15% | -0.02% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -3.34% | -2.36% | -0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.06% | -0.13% |
Volatility
SWYAX vs. AOK - Volatility Comparison
Schwab Target 2010 Index Fund (SWYAX) and iShares Core 30/70 Conservative Allocation ETF (AOK) have volatilities of 2.24% 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.
Loading charts...
Volatility by Period
| SWYAX | AOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.24% | 2.26% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 4.51% | 4.83% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.46% | 5.97% | -0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.82% | 7.15% | +0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.45% | 6.73% | +0.72% |
SWYAX vs. AOK - Expense Ratio Comparison
SWYAX has a 0.04% 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
SWYAX vs. AOK - Dividend Comparison
SWYAX's dividend yield for the trailing twelve months is around 3.99%, 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% |
SWYAX Schwab Target 2010 Index Fund | 3.99% | 4.17% | 3.79% | 2.85% | 2.69% | 2.54% | 1.98% | 2.27% | 2.01% | 1.18% | 0.75% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, SWYAX 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.
AOK has higher volatility (2.26%) compared to SWYAX (2.24%). In terms of maximum drawdown, SWYAX dropped -19.82% vs AOK's -18.94%.
SWYAX currently has the higher Sharpe Ratio (2.22 vs 2.03), 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 SWYAX 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