DUKX vs. DUKH

Last updated Aug 2, 2026

DUKX (Ocean Park International ETF) and DUKH (Ocean Park High Income ETF) are both exchange-traded funds - DUKX is a Foreign Large Cap Equities fund actively managed by Ocean Park, while DUKH is a High Yield Bonds fund actively managed by Ocean Park. Both are actively managed. Over the past year, DUKX returned 21.20% vs 2.91% for DUKH. Their 0.66 correlation means they have sometimes moved together and sometimes differently. DUKX charges 1.03%/yr vs 1.07%/yr for DUKH.

Performance

DUKX vs. DUKH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park International ETF (DUKX) and Ocean Park High Income ETF (DUKH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUKX achieves a 8.65% return, which is significantly higher than DUKH's -0.13% return.

DUKX

• 1D: -0.13%
• 1M: -0.14%
• 6M: 2.25%
• YTD: 8.65%
• 1Y: 21.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.70%

DUKH

• 1D: -0.02%
• 1M: -0.66%
• 6M: -0.74%
• YTD: -0.13%
• 1Y: 2.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DUKH Ocean Park High Income ETF	$98.53K	$288.34K	$337.48K
DUKX Ocean Park International ETF	$14.44K	$13.32K	$12.42K

DUKX vs. DUKH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DUKX Ocean Park International ETF	8.65%	11.07%	-3.50%
DUKH Ocean Park High Income ETF	-0.13%	2.85%	2.81%

Correlation

The correlation between DUKX and DUKH is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024	0.66

The correlation between DUKX and DUKH has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.

Return for Risk

DUKX vs. DUKH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DUKX

DUKX Risk / Return Rank: 55
DUKX Sharpe Ratio Rank: 56
DUKX Sortino Ratio Rank: 52
DUKX Omega Ratio Rank: 57
DUKX Calmar Ratio Rank: 63
DUKX Martin Ratio Rank: 48

DUKH

DUKH Risk / Return Rank: 32
DUKH Sharpe Ratio Rank: 34
DUKH Sortino Ratio Rank: 33
DUKH Omega Ratio Rank: 31
DUKH Calmar Ratio Rank: 29
DUKH Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DUKX vs. DUKH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park International ETF (DUKX) and Ocean Park High Income ETF (DUKH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DUKX	DUKH	Difference
Sharpe ratio: Return per unit of total volatility	1.36	0.84	+0.53
Sortino ratio: Return per unit of downside risk	1.86	1.23	+0.63
Omega ratio: Gain probability vs. loss probability	1.25	1.15	+0.10
Calmar ratio: Return relative to maximum drawdown	2.21	0.96	+1.25
Martin ratio: Return relative to average drawdown	5.64	3.08	+2.57

DUKX vs. DUKH - Sharpe Ratio Comparison

The current DUKX Sharpe Ratio is 1.36, which is higher than the DUKH Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of DUKX and DUKH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DUKX vs. DUKH - Drawdown Comparison

The maximum DUKX drawdown since its inception was -19.52%, which is greater than DUKH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for DUKX and DUKH.

Drawdown Indicators

	DUKX	DUKH	Difference
Max Drawdown Largest peak-to-trough decline	-19.52%	-5.70%	-13.82%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-3.06%	-6.42%
Current Drawdown Current decline from peak	-3.70%	-1.38%	-2.32%
Average Drawdown Average peak-to-trough decline	-5.32%	-1.11%	-4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	0.95%	+2.76%

Volatility

DUKX vs. DUKH - Volatility Comparison

Ocean Park International ETF (DUKX) has a higher volatility of 5.15% compared to Ocean Park High Income ETF (DUKH) at 0.82%. This indicates that DUKX's price experiences larger fluctuations and is considered to be riskier than DUKH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUKX	DUKH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	0.82%	+4.33%
Volatility (6M) Calculated over the trailing 6-month period	13.36%	2.92%	+10.44%
Volatility (1Y) Calculated over the trailing 1-year period	15.41%	3.51%	+11.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	3.74%	+11.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.83%	3.74%	+11.09%

DUKX vs. DUKH - Expense Ratio Comparison

DUKX has a 1.03% expense ratio, which is lower than DUKH's 1.07% expense ratio.

Dividends

DUKX vs. DUKH - Dividend Comparison

DUKX's dividend yield for the trailing twelve months is around 1.94%, less than DUKH's 5.55% yield.

Position	TTM	2025	2024
DUKH Ocean Park High Income ETF	5.55%	6.12%	2.77%
DUKX Ocean Park International ETF	1.94%	2.65%	1.93%

Frequently Asked Questions

Can I hold both DUKX and DUKH in my portfolio?

DUKX and DUKH have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUKX or DUKH?

DUKX has higher volatility (5.15%) compared to DUKH (0.82%). In terms of maximum drawdown, DUKX dropped -19.52% vs DUKH's -5.70%.

Which ETF is better, DUKX or DUKH?

On 1-year performance, DUKX leads with 21.20% vs 2.91% for DUKH. On fees, DUKX is cheaper at 1.03% per year. On volatility, DUKH has been the lower-risk option at 0.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUKX or DUKH?

Over the 1-year period, DUKX has performed better with a 21.20% return vs 2.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUKX or DUKH?

DUKX is cheaper with a 1.03% expense ratio, compared with 1.07% for DUKH.

Which ETF pays a higher dividend yield, DUKX or DUKH?

DUKH has the higher dividend yield at 5.55%, compared with 1.94% for DUKX.

What is the main difference between DUKX and DUKH?

DUKX is categorized as Foreign Large Cap Equities, while DUKH is High Yield Bonds. Their fees differ too: 1.03% for DUKX and 1.07% for DUKH.

Which has better risk-adjusted returns?

DUKX currently has the higher Sharpe Ratio (1.36 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.