AOHY vs. IVW
Compare and contrast key facts about Angel Oak High Yield Opportunities ETF (AOHY) and iShares S&P 500 Growth ETF (IVW).
AOHY and IVW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AOHY is an actively managed fund by Angel Oak. It was launched on Mar 31, 2009. IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOHY or IVW.
Correlation
The correlation between AOHY and IVW is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AOHY vs. IVW - Performance Comparison
Key characteristics
AOHY:
1.81
IVW:
0.66
AOHY:
2.60
IVW:
1.06
AOHY:
1.40
IVW:
1.15
AOHY:
1.88
IVW:
0.74
AOHY:
10.46
IVW:
2.63
AOHY:
0.75%
IVW:
6.24%
AOHY:
4.33%
IVW:
24.80%
AOHY:
-4.17%
IVW:
-57.33%
AOHY:
-1.10%
IVW:
-12.91%
Returns By Period
In the year-to-date period, AOHY achieves a 0.96% return, which is significantly higher than IVW's -8.48% return.
AOHY
0.96%
-0.65%
1.54%
7.65%
N/A
N/A
IVW
-8.48%
-4.93%
-4.16%
14.55%
16.05%
13.56%
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AOHY vs. IVW - Expense Ratio Comparison
AOHY has a 0.55% expense ratio, which is higher than IVW's 0.18% expense ratio.
Risk-Adjusted Performance
AOHY vs. IVW — Risk-Adjusted Performance Rank
AOHY
IVW
AOHY vs. IVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak High Yield Opportunities ETF (AOHY) and iShares S&P 500 Growth ETF (IVW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AOHY vs. IVW - Dividend Comparison
AOHY's dividend yield for the trailing twelve months is around 6.61%, more than IVW's 0.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOHY Angel Oak High Yield Opportunities ETF | 6.61% | 6.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVW iShares S&P 500 Growth ETF | 0.50% | 0.43% | 1.03% | 0.89% | 0.46% | 0.82% | 1.63% | 1.28% | 1.30% | 1.51% | 1.51% | 1.37% |
Drawdowns
AOHY vs. IVW - Drawdown Comparison
The maximum AOHY drawdown since its inception was -4.17%, smaller than the maximum IVW drawdown of -57.33%. Use the drawdown chart below to compare losses from any high point for AOHY and IVW. For additional features, visit the drawdowns tool.
Volatility
AOHY vs. IVW - Volatility Comparison
The current volatility for Angel Oak High Yield Opportunities ETF (AOHY) is 3.19%, while iShares S&P 500 Growth ETF (IVW) has a volatility of 16.42%. This indicates that AOHY experiences smaller price fluctuations and is considered to be less risky than IVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.