TLT vs. AOUIX
Compare and contrast key facts about iShares 20+ Year Treasury Bond ETF (TLT) and Angel Oak UltraShort Income Fund (AOUIX).
TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002. AOUIX is managed by Angel Oak. It was launched on Apr 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLT or AOUIX.
Performance
TLT vs. AOUIX - Performance Comparison
Returns By Period
In the year-to-date period, TLT achieves a -5.58% return, which is significantly lower than AOUIX's 5.98% return.
TLT
-5.58%
-1.81%
1.13%
3.40%
-6.09%
-0.37%
AOUIX
5.98%
0.37%
3.37%
7.39%
2.52%
N/A
Key characteristics
| TLT | AOUIX | |
|---|---|---|
| Sharpe Ratio | 0.26 | 4.31 |
| Sortino Ratio | 0.46 | 13.22 |
| Omega Ratio | 1.05 | 3.69 |
| Calmar Ratio | 0.09 | 35.97 |
| Martin Ratio | 0.60 | 81.69 |
| Ulcer Index | 6.30% | 0.09% |
| Daily Std Dev | 14.73% | 1.71% |
| Max Drawdown | -48.35% | -7.38% |
| Current Drawdown | -41.17% | 0.00% |
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TLT vs. AOUIX - Expense Ratio Comparison
TLT has a 0.15% expense ratio, which is lower than AOUIX's 0.53% expense ratio.
Correlation
The correlation between TLT and AOUIX is 0.22, 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.
Risk-Adjusted Performance
TLT vs. AOUIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year Treasury Bond ETF (TLT) and Angel Oak UltraShort Income Fund (AOUIX). 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
TLT vs. AOUIX - Dividend Comparison
TLT's dividend yield for the trailing twelve months is around 4.07%, less than AOUIX's 5.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLT iShares 20+ Year Treasury Bond ETF | 4.07% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
AOUIX Angel Oak UltraShort Income Fund | 5.14% | 4.43% | 2.15% | 1.38% | 2.26% | 3.08% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TLT vs. AOUIX - Drawdown Comparison
The maximum TLT drawdown since its inception was -48.35%, which is greater than AOUIX's maximum drawdown of -7.38%. Use the drawdown chart below to compare losses from any high point for TLT and AOUIX. For additional features, visit the drawdowns tool.
Volatility
TLT vs. AOUIX - Volatility Comparison
iShares 20+ Year Treasury Bond ETF (TLT) has a higher volatility of 4.65% compared to Angel Oak UltraShort Income Fund (AOUIX) at 0.42%. This indicates that TLT's price experiences larger fluctuations and is considered to be riskier than AOUIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.