Angel Oak High Yield Opportunities ETF (AOHY) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AOHY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AOHY
AOHY charges 0.55% annually. There are 92 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.54B | Jul 2023 | AOHY vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.07B | Jun 2012 | AOHY vs SPHY | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 608.96M | Sep 2016 | AOHY vs BBHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.48B | Dec 2016 | AOHY vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 26.83B | Oct 2017 | AOHY vs USHY |
Best Risk-Adjusted Alternatives to AOHY
AOHY has a PortfoliosLab risk / return rank of 73. There are 22 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | 97 | 364.90M | May 2019 | AOHY vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 1.03B | Aug 2018 | AOHY vs BSJQ | |
| BondBloxx US High Yield Energy Sector ETF | 94 | 5.96M | Feb 2022 | AOHY vs XHYE | |
| Pacific Global Senior Loan ETF | 86 | 615.17M | Feb 2015 | AOHY vs FLRT | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 85 | 8.41M | Nov 2024 | AOHY vs LDRH |
Top Performing AOHY Alternatives (YTD)
AOHY is at 2.21% YTD. There are 11 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 14.38% | — | Aug 2025 | AOHY vs DADS | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 3.81% | 510.68M | May 2012 | AOHY vs HYEM | |
| BondBloxx US High Yield Energy Sector ETF | 3.57% | 5.96M | Feb 2022 | AOHY vs XHYE | |
| Fidelity Sustainable High Yield ETF | 3.41% | 112.95M | Feb 2022 | AOHY vs FSYD | |
| ProShares High Yield-Interest Rate Hedged | 3.03% | 173.54M | May 2013 | AOHY vs HYHG |
Lowest Volatility Alternatives to AOHY
AOHY has 3.18% 1-year volatility. There are 28 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2024 Term High Yield & Income ETF | 0.00% | 310.08M | May 2019 | AOHY vs IBHD | |
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | AOHY vs ESHY | |
| iShares Euro High Yield Corporate Bond USD Hedged ... | 0.00% | 71.08M | Apr 2012 | AOHY vs HYXU | |
| Invesco BulletShares 2024 High Yield Corporate Bon... | 0.00% | 437.22M | Sep 2016 | AOHY vs BSJO | |
| iShares iBonds 2025 Term High Yield & Income ETF | 0.78% | 364.90M | May 2019 | AOHY vs IBHE |
Lowest Drawdown Alternatives to AOHY
AOHY has a 1-year max drawdown of -2.37%. There are 35 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.11%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | -0.11% | 364.90M | May 2019 | AOHY vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 1.03B | Aug 2018 | AOHY vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 437.71M | Jul 2021 | AOHY vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 849.28M | Sep 2019 | AOHY vs BSJR | |
| BondBloxx US High Yield Energy Sector ETF | -1.21% | 5.96M | Feb 2022 | AOHY vs XHYE |
Other ETFs from Angel Oak
The 4 most viewed Angel Oak ETFs shown here include CARY, UYLD, MBS and span 3 categories. AUM among these funds goes as high as $1B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Angel Oak Income ETF | Multisector Bonds | 94 | 1.84% | 1.03B | Nov 2022 | AOHY vs CARY | |
| Angel Oak Ultrashort Income ETF | Ultrashort Bond | 99 | 1.95% | 1.45B | Oct 2022 | AOHY vs UYLD | |
| Angel Oak Mortgage-Backed Securities ETF | Intermediate Core-Plus Bond | 67 | 0.74% | 154.00M | Jun 2021 | AOHY vs MBS | |
| Angel Oak Total Return ETF | Intermediate Core-Plus Bond | — | 0.52% | 26.87M | Oct 2025 | AOHY vs TRBF |
Often Compared With AOHY
Investors most often compare AOHY with JSI, HYGH, SCHD. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare AOHY with Any Fund or Stock
Compare AOHY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AOHY with funds that move differently
Angel Oak High Yield Opportunities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AOHY.
Explore AOHY Diversifiers