PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Ocean Park High Income ETF (DUKH) Sharpe Ratio: 1.24

ETF · Currency in USD · Last updated Jun 25, 2026

The Ocean Park High Income ETF is an actively managed high-income bond strategy that tactically allocates among higher-yielding ETFs, long-term U.S. Treasury ETFs, and cash equivalents using a proprietary trend-following process intended to provide total return while limiting downside risk.

DUKH's Sharpe Ratio of 1.24 indicates that for each unit of volatility, it generates 1.24 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

DUKH Sharpe Ratio Rank

DUKH Sharpe Ratio Rank: 38.939
Below Average

DUKH ranks above 38.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

DUKH Sharpe Ratio Market Positioning

The chart shows DUKH's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.82 or lower
  • Yellow zone (middle 50%): 0.82 to 2.07
  • Green zone (top 25%): 2.07 or higher
  • Top 1%: 6.88+
  • Median: 1.50 — half of all investments score higher

How it compares to other similar ETFs

The table compares Ocean Park High Income ETF's Sharpe Ratio with other ETFs in the High Yield Bonds category across multiple time periods, showing how DUKH's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FLRTPacific Global Senior Loan ETF3.47
BSJQInvesco BulletShares 2026 High Yield Corp Bond ETF3.03
HYZDWisdomTree Interest Rate Hedged High Yield Bond Fund2.34
PHYDPutnam ESG High Yield ETF -2.28
LDRHiShares iBonds 1-5 Year High Yield and Income Ladder ETF2.23
HYGWiShares High Yield Corporate Bond Buywrite Strategy ETF2.21
FSYDFidelity Sustainable High Yield ETF2.19
BRHYiShares High Yield Active ETF2.14
FHYSFederated Hermes Short Duration High Yield ETF2.14
HYEMVanEck Vectors Emerging Markets High Yield Bond ETF2.12
DUKHOcean Park High Income ETF1.24

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DUKH's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DUKH consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does DUKH fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio