Angel Oak Income ETF (CARY) belongs to the Multisector Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CARY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CARY
CARY charges 0.80% annually. There are 37 ETFs in the Multisector Bonds category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.20% | 452.48M | Nov 2023 | CARY vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 437.78M | Oct 2017 | CARY vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | CARY vs VGMS | |
| American Century Multisector Income ETF | 0.36% | 247.75M | Jun 2021 | CARY vs MUSI | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | CARY vs AINP |
Best Risk-Adjusted Alternatives to CARY
CARY has a PortfoliosLab risk / return rank of 95. There are 5 ETFs in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 98 | 452.48M | Nov 2023 | CARY vs SOFR | |
| Obra High Grade Structured Products ETF | 98 | 29.65M | Apr 2024 | CARY vs OGSP | |
| Palmer Square Credit Opportunities ETF | 97 | 101.21M | Sep 2024 | CARY vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | 96 | 56.41M | Jun 2025 | CARY vs ABI | |
| JPMorgan Income ETF | 95 | 10.22B | Oct 2021 | CARY vs JPIE |
Top Performing CARY Alternatives (YTD)
CARY is at 2.09% YTD. There are 11 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 4.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Man Active Income ETF | 4.94% | 20.24M | Sep 2025 | CARY vs MANI | |
| Bluemonte Diversified Income ETF | 4.27% | 106.47M | Jun 2025 | CARY vs BLUI | |
| VictoryShares Pioneer Asset-Based Income ETF | 3.41% | 56.41M | Jun 2025 | CARY vs ABI | |
| Obra Opportunistic Structured Products ETF | 3.25% | 36.96M | Apr 2024 | CARY vs OOSP | |
| Simplify Opportunistic Income ETF | 2.81% | 36.02M | Jun 2023 | CARY vs CRDT |
Lowest Volatility Alternatives to CARY
CARY has 1.81% 1-year volatility. There are 6 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.89% | 452.48M | Nov 2023 | CARY vs SOFR | |
| State Street IG Public & Private ABS ETF | 1.08% | 24.89M | Mar 2026 | CARY vs PRAB | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.26% | 56.41M | Jun 2025 | CARY vs ABI | |
| Obra High Grade Structured Products ETF | 1.53% | 29.65M | Apr 2024 | CARY vs OGSP | |
| JPMorgan Income ETF | 1.64% | 10.22B | Oct 2021 | CARY vs JPIE |
Lowest Drawdown Alternatives to CARY
CARY has a 1-year max drawdown of -1.28%. There are 6 ETFs in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | -0.41% | 452.48M | Nov 2023 | CARY vs SOFR | |
| Obra High Grade Structured Products ETF | -0.44% | 29.65M | Apr 2024 | CARY vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | CARY vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | -0.95% | 56.41M | Jun 2025 | CARY vs ABI | |
| JPMorgan Income ETF | -1.15% | 10.22B | Oct 2021 | CARY vs JPIE |
Other ETFs from Angel Oak
The 4 most viewed Angel Oak ETFs shown here include UYLD, MBS, AOHY 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 Ultrashort Income ETF | Ultrashort Bond | 99 | 2.61% | 1.55B | Oct 2022 | CARY vs UYLD | |
| Angel Oak Mortgage-Backed Securities ETF | Intermediate Core-Plus Bond | 67 | 0.21% | 147.84M | Jun 2021 | CARY vs MBS | |
| Angel Oak High Yield Opportunities ETF | High Yield Bonds | 79 | 2.58% | 123.39M | Mar 2009 | CARY vs AOHY | |
| Angel Oak Total Return ETF | Intermediate Core-Plus Bond | — | -0.10% | 35.30M | Oct 2025 | CARY vs TRBF |
Often Compared With CARY
Investors most often compare CARY with JAAA, TUSI, ICSH. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare CARY with Any Fund or Stock
Compare CARY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CARY with funds that move differently
Angel Oak Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CARY.
Explore CARY Diversifiers