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AOUIX vs. LQDH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AOUIX and LQDH is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.0

Performance

AOUIX vs. LQDH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Angel Oak UltraShort Income Fund (AOUIX) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). The values are adjusted to include any dividend payments, if applicable.

20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
20.03%
30.10%
AOUIX
LQDH

Key characteristics

Sharpe Ratio

AOUIX:

3.98

LQDH:

2.76

Sortino Ratio

AOUIX:

11.92

LQDH:

4.07

Omega Ratio

AOUIX:

3.43

LQDH:

1.56

Calmar Ratio

AOUIX:

32.31

LQDH:

4.21

Martin Ratio

AOUIX:

73.78

LQDH:

20.93

Ulcer Index

AOUIX:

0.09%

LQDH:

0.37%

Daily Std Dev

AOUIX:

1.67%

LQDH:

2.77%

Max Drawdown

AOUIX:

-7.38%

LQDH:

-24.63%

Current Drawdown

AOUIX:

-0.10%

LQDH:

-0.41%

Returns By Period

In the year-to-date period, AOUIX achieves a 5.98% return, which is significantly lower than LQDH's 7.25% return.


AOUIX

YTD

5.98%

1M

0.00%

6M

2.61%

1Y

6.64%

5Y*

2.49%

10Y*

N/A

LQDH

YTD

7.25%

1M

0.55%

6M

3.69%

1Y

7.59%

5Y*

4.02%

10Y*

3.62%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AOUIX vs. LQDH - Expense Ratio Comparison

AOUIX has a 0.53% expense ratio, which is higher than LQDH's 0.25% expense ratio.


AOUIX
Angel Oak UltraShort Income Fund
Expense ratio chart for AOUIX: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for LQDH: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

AOUIX vs. LQDH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Angel Oak UltraShort Income Fund (AOUIX) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). 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.


Sharpe ratio
The chart of Sharpe ratio for AOUIX, currently valued at 3.98, compared to the broader market-1.000.001.002.003.004.003.982.76
The chart of Sortino ratio for AOUIX, currently valued at 11.92, compared to the broader market-2.000.002.004.006.008.0010.0011.924.07
The chart of Omega ratio for AOUIX, currently valued at 3.43, compared to the broader market0.501.001.502.002.503.003.503.431.56
The chart of Calmar ratio for AOUIX, currently valued at 32.31, compared to the broader market0.002.004.006.008.0010.0012.0014.0032.314.21
The chart of Martin ratio for AOUIX, currently valued at 73.78, compared to the broader market0.0020.0040.0060.0073.7820.93
AOUIX
LQDH

The current AOUIX Sharpe Ratio is 3.98, which is higher than the LQDH Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of AOUIX and LQDH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.503.003.504.004.50JulyAugustSeptemberOctoberNovemberDecember
3.98
2.76
AOUIX
LQDH

Dividends

AOUIX vs. LQDH - Dividend Comparison

AOUIX's dividend yield for the trailing twelve months is around 4.76%, less than LQDH's 8.44% yield.


TTM2023202220212020201920182017201620152014
AOUIX
Angel Oak UltraShort Income Fund
4.76%4.43%2.15%1.38%2.26%3.08%2.15%0.00%0.00%0.00%0.00%
LQDH
iShares Interest Rate Hedged Corporate Bond ETF
7.58%7.69%3.73%1.64%2.22%3.09%5.08%2.37%2.33%2.98%2.19%

Drawdowns

AOUIX vs. LQDH - Drawdown Comparison

The maximum AOUIX drawdown since its inception was -7.38%, smaller than the maximum LQDH drawdown of -24.63%. Use the drawdown chart below to compare losses from any high point for AOUIX and LQDH. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.10%
-0.41%
AOUIX
LQDH

Volatility

AOUIX vs. LQDH - Volatility Comparison

The current volatility for Angel Oak UltraShort Income Fund (AOUIX) is 0.15%, while iShares Interest Rate Hedged Corporate Bond ETF (LQDH) has a volatility of 0.70%. This indicates that AOUIX experiences smaller price fluctuations and is considered to be less risky than LQDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
0.15%
0.70%
AOUIX
LQDH
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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