AOK vs IVV
AOK vs IVV
iShares Core 30/70 Conservative Allocation ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AOK | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $787M | $865.2B | |
| Dividend Yield | 3.27% | 1.09% | |
| Holdings | 9 | 508 | |
| YTD Return | +4.03% | +13.13% | |
| 1Y Return | +8.77% | +22.90% | |
| 3Y Return (annualized) | +9.03% | +21.08% | |
| 5Y Return (annualized) | +3.50% | +13.27% | |
| Volatility (annualized) | 6.0% | 15.1% | |
| Max Drawdown | -18.9% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Nov 4, 2008 | May 15, 2000 |
AOK vs IVV Performance
iShares Core 30/70 Conservative Allocation ETF (AOK) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AOK returned +8.77% while IVV returned +22.90%. Year to date, AOK is up 4.03% versus a gain of 13.13% for IVV.
Over three years, AOK compounded at +9.03% per year against +21.08% for IVV; over five years the annualized figures are +3.50% and +13.27% respectively. Across the full 18-year window we track, IVV has the edge at +7.02% annualized vs +3.75%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.0% for AOK. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.9% for AOK and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AOK charges 0.15% per year while IVV charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, AOK currently yields 3.27% against 1.09% for IVV.
Holdings Overlap
AOK and IVV share 1 holdings out of 512 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AOK | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.09% | 0.15% | 0.06% |
Frequently Asked Questions
Which is cheaper, AOK or IVV?
AOK has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, AOK or IVV?
Over the past year AOK returned +8.77% vs +22.90% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (18 years), AOK annualized +3.75% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, AOK or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.0% for AOK. Worst drawdown: AOK -18.9% vs IVV -56.5%.
Should I hold both AOK and IVV?
AOK and IVV have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AOK and IVV?
AOK and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, AOK or IVV?
AOK yields 3.27% while IVV yields 1.09%, so AOK currently pays the higher dividend yield.
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