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 90 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% | 2.75B | Jul 2023 | AOHY vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | AOHY vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | AOHY vs NHYB | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.46B | Dec 2016 | AOHY vs HYLB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | AOHY vs BBHY |
Best Risk-Adjusted Alternatives to AOHY
AOHY has a PortfoliosLab risk / return rank of 74. There are 18 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | AOHY vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | AOHY vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 93 | 259.69M | Dec 2013 | AOHY vs HYZD | |
| iShares Interest Rate Hedged High Yield Bond ETF | 89 | 596.69M | May 2014 | AOHY vs HYGH | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 88 | 865.81M | Sep 2019 | AOHY vs BSJR |
Top Performing AOHY Alternatives (YTD)
AOHY is at 3.09% YTD. There are 12 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 9.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 9.48% | — | Aug 2025 | AOHY vs DADS | |
| Man Active High Yield ETF | 6.41% | 19.82M | Sep 2025 | AOHY vs MHY | |
| VanEck Emerging Markets High Yield Bond ETF | 4.49% | 521.46M | May 2012 | AOHY vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.22% | 185.42M | May 2013 | AOHY vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 4.16% | 596.69M | May 2014 | AOHY vs HYGH |
Lowest Volatility Alternatives to AOHY
AOHY has 3.17% 1-year volatility. There are 27 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | AOHY vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.29% | 870.26M | Aug 2018 | AOHY vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | AOHY vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.72% | 4.98M | Feb 2026 | AOHY vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | AOHY vs BSJR |
Lowest Drawdown Alternatives to AOHY
AOHY has a 1-year max drawdown of -2.37%. There are 36 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 870.26M | Aug 2018 | AOHY vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | AOHY vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | AOHY vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | AOHY vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | AOHY vs IBHH |
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 $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Angel Oak Income ETF | Multisector Bonds | 93 | 2.28% | 1.36B | Nov 2022 | AOHY vs CARY | |
| Angel Oak Ultrashort Income ETF | Ultrashort Bond | 99 | 2.66% | 1.55B | Oct 2022 | AOHY vs UYLD | |
| Angel Oak Mortgage-Backed Securities ETF | Intermediate Core-Plus Bond | 58 | 0.80% | 147.84M | Jun 2021 | AOHY vs MBS | |
| Angel Oak Total Return ETF | Intermediate Core-Plus Bond | — | 0.53% | 35.30M | Oct 2025 | AOHY vs TRBF |
Often Compared With AOHY
Investors most often compare AOHY with JSI, SCHD, SPY. These 20 comparison targets span 11 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