iShares Core 30/70 Conservative Allocation ETF (AOK)
iShares Core 30/70 Conservative Allocation ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $41.40, up 0.16% on the session, giving a market capitalisation of $818.4M. Its beta of 0.69 implies it has historically moved less than the broad market.
This exchange-traded fund is designed to mirror the performance of an index that implements a conservative asset allocation strategy. This benchmark is constructed from a diversified portfolio of other funds, investing primarily in fixed-income securities (bonds) with a smaller portion in equities (stocks), typically reflecting a 70% bond and 30% stock allocation suitable for investors with a lower risk tolerance.
iShares Core 30/70 Conservative Allocation ETF is most often compared with the following Financial Services names: