AOK ETF — iShares Core Conservative Allocation ETF

iShares Core Conservative Allocation ETF (AOK)

Updated October 2, 2026.

AOK is a low-cost ETF. its distribution rate is 3.75%, its trailing-12-month yield is 3.52%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 148.2% over the past 17.9 years, 903.0 points behind SPY at 1051.2%.

At the current 3.75% distribution rate, a $10,000 investment would generate approximately $375 per year, or $31.25 per month.

iShares Core Conservative Allocation ETF is a fund of funds that tracks a proprietary S&P Dow Jones allocation model by investing at least 80% of its assets in underlying index-tracking funds, emphasizing a conservative approach to diversified asset allocation. It distributes income monthly and carries a modest expense ratio of 0.15%. The fund appeals to conservative income investors seeking a diversified, low-cost vehicle with regular distributions.

AOK performance versus SPY

Price and return data through 2026-10-02.

Total return is 148.2% over the past 17.9 years, 903.0 points behind SPY at 1051.2%. Over the past year its total return — price change plus distributions reinvested — is 3.5%. Its deepest 1-year drawdown was 4.5%.

AOK key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

3.75%

Issuer

iShares

Asset type

ETF

Asset class

Fixed Income

Inception date

11/04/2008

Expense ratio

0.15%

Distribution rate

3.75%

Distribution frequency

Monthly

Trailing yield

3.52%

Last close

$40.32 (as of 2026-10-02)

AUM

$809,609,061

Average volume

241700.0

Next dividend

$0.126

Last ex-dividend date

10/02/2026

Next payment date

10/07/2026

Beta

0.7

P/E ratio

20.4444

How Dividend Vision calculates yield and returns

Distribution rate (3.75%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.52%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AOK risks and drawbacks

AOK's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 4.5%.

Who may consider AOK — and who may not

AOK may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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