CARY vs. ICSH
Compare and contrast key facts about Angel Oak Income ETF (CARY) and iShares Ultra Short-Term Bond ETF (ICSH).
CARY and ICSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CARY is an actively managed fund by Angel Oak. It was launched on Nov 7, 2022. ICSH is an actively managed fund by iShares. It was launched on Dec 11, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CARY or ICSH.
Correlation
The correlation between CARY and ICSH is 0.32, 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.
Performance
CARY vs. ICSH - Performance Comparison
Key characteristics
CARY:
3.14
ICSH:
12.59
CARY:
5.16
ICSH:
31.11
CARY:
1.64
ICSH:
7.00
CARY:
5.21
ICSH:
67.32
CARY:
13.84
ICSH:
405.39
CARY:
0.63%
ICSH:
0.01%
CARY:
2.79%
ICSH:
0.44%
CARY:
-1.68%
ICSH:
-3.94%
CARY:
-0.74%
ICSH:
0.00%
Returns By Period
In the year-to-date period, CARY achieves a 1.64% return, which is significantly higher than ICSH's 1.47% return.
CARY
1.64%
-0.32%
1.57%
8.67%
N/A
N/A
ICSH
1.47%
0.44%
2.37%
5.49%
2.97%
2.47%
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CARY vs. ICSH - Expense Ratio Comparison
CARY has a 0.80% expense ratio, which is higher than ICSH's 0.08% expense ratio.
Risk-Adjusted Performance
CARY vs. ICSH — Risk-Adjusted Performance Rank
CARY
ICSH
CARY vs. ICSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak Income ETF (CARY) and iShares Ultra Short-Term Bond ETF (ICSH). 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
CARY vs. ICSH - Dividend Comparison
CARY's dividend yield for the trailing twelve months is around 6.56%, more than ICSH's 5.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARY Angel Oak Income ETF | 6.56% | 6.69% | 6.38% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICSH iShares Ultra Short-Term Bond ETF | 5.04% | 5.24% | 4.78% | 1.66% | 0.42% | 1.21% | 2.61% | 2.20% | 1.36% | 0.88% | 0.54% | 0.46% |
Drawdowns
CARY vs. ICSH - Drawdown Comparison
The maximum CARY drawdown since its inception was -1.68%, smaller than the maximum ICSH drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for CARY and ICSH. For additional features, visit the drawdowns tool.
Volatility
CARY vs. ICSH - Volatility Comparison
Angel Oak Income ETF (CARY) has a higher volatility of 0.93% compared to iShares Ultra Short-Term Bond ETF (ICSH) at 0.17%. This indicates that CARY's price experiences larger fluctuations and is considered to be riskier than ICSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.