DUKX vs. DUKZ

Last updated Jun 3, 2026

DUKX (Ocean Park International ETF) and DUKZ (Ocean Park Diversified Income ETF) are both exchange-traded funds - DUKX is a Foreign Large Cap Equities fund actively managed by Ocean Park, while DUKZ is a Nontraditional Bonds fund actively managed by Ocean Park. Both are actively managed. Over the past year, DUKX returned 28.18% vs 8.98% for DUKZ. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 1.03% expense ratio.

Performance

DUKX vs. DUKZ - Performance Comparison

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

Returns By Period

In the year-to-date period, DUKX achieves a 11.85% return, which is significantly higher than DUKZ's 3.09% return.

DUKX

• 1D: 0.75%
• 1M: 4.78%
• YTD: 11.85%
• 6M: 14.15%
• 1Y: 28.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DUKZ

• 1D: 0.15%
• 1M: 1.97%
• YTD: 3.09%
• 6M: 3.23%
• 1Y: 8.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUKX vs. DUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DUKX Ocean Park International ETF	11.85%	11.07%	-3.54%
DUKZ Ocean Park Diversified Income ETF	3.09%	4.24%	2.67%

Correlation

The correlation between DUKX and DUKZ is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jul 12, 2024	0.58

The correlation between DUKX and DUKZ shifts across timeframes, from 0.58 (all time) to 0.70 (1 year), reflecting how their relationship changes across market environments.

DUKX vs. DUKZ - Sectors Allocation Comparison

Sectors	DUKX	DUKZ
Financial Services	22.8%	-
Technology	19.9%	7.9%
Industrials	13.0%	2.0%
Basic Materials	8.8%	-
Consumer Cyclical	8.2%	0.3%
Healthcare	5.9%	4.6%
Communication Services	5.3%	0.0%
Consumer Defensive	5.3%	-
Energy	4.7%	-
Utilities	3.3%	85.2%
Real Estate	2.8%	-

Return for Risk

DUKX vs. DUKZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DUKX

DUKX Risk / Return Rank: 58
DUKX Sharpe Ratio Rank: 61
DUKX Sortino Ratio Rank: 58
DUKX Omega Ratio Rank: 62
DUKX Calmar Ratio Rank: 61
DUKX Martin Ratio Rank: 50

DUKZ

DUKZ Risk / Return Rank: 60
DUKZ Sharpe Ratio Rank: 61
DUKZ Sortino Ratio Rank: 63
DUKZ Omega Ratio Rank: 66
DUKZ Calmar Ratio Rank: 53
DUKZ Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DUKX vs. DUKZ - Risk-Adjusted Trends Comparison

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

	DUKX	DUKZ	Difference
Sharpe ratio Return per unit of total volatility	2.11	2.11	-0.01
Sortino ratio Return per unit of downside risk	2.80	3.02	-0.21
Omega ratio Gain probability vs. loss probability	1.39	1.41	-0.02
Calmar ratio Return relative to maximum drawdown	3.09	2.65	+0.44
Martin ratio Return relative to average drawdown	8.58	9.83	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DUKX vs. DUKZ - Sharpe Ratio Comparison

The current DUKX Sharpe Ratio is 2.11, which is comparable to the DUKZ Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of DUKX and DUKZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DUKX	DUKZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	2.11	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	1.26	-0.54

Drawdowns

DUKX vs. DUKZ - Drawdown Comparison

The maximum DUKX drawdown since its inception was -19.52%, which is greater than DUKZ's maximum drawdown of -4.70%. Use the drawdown chart below to compare losses from any high point for DUKX and DUKZ.

Drawdown Indicators

	DUKX	DUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-19.52%	-4.70%	-14.82%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-3.39%	-6.09%
Current Drawdown Current decline from peak	-0.87%	0.00%	-0.87%
Average Drawdown Average peak-to-trough decline	-5.48%	-1.14%	-4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	0.91%	+2.51%

Volatility

DUKX vs. DUKZ - Volatility Comparison

Ocean Park International ETF (DUKX) has a higher volatility of 5.46% compared to Ocean Park Diversified Income ETF (DUKZ) at 1.83%. This indicates that DUKX's price experiences larger fluctuations and is considered to be riskier than DUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUKX	DUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.46%	1.83%	+3.63%
Volatility (6M) Calculated over the trailing 6-month period	10.95%	3.60%	+7.35%
Volatility (1Y) Calculated over the trailing 1-year period	13.46%	4.27%	+9.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	4.28%	+9.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	4.28%	+9.87%

DUKX vs. DUKZ - Expense Ratio Comparison

Both DUKX and DUKZ have an expense ratio of 1.03%.

Dividends

DUKX vs. DUKZ - Dividend Comparison

DUKX's dividend yield for the trailing twelve months is around 2.22%, less than DUKZ's 3.77% yield.

Position	TTM	2025	2024
DUKX Ocean Park International ETF	2.22%	2.65%	1.93%
DUKZ Ocean Park Diversified Income ETF	3.77%	4.05%	2.44%

Frequently Asked Questions

Can I hold both DUKX and DUKZ in my portfolio?

DUKX and DUKZ have a correlation of 0.70, 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 DUKZ?

DUKX has higher volatility (5.46%) compared to DUKZ (1.83%). In terms of maximum drawdown, DUKX dropped -19.52% vs DUKZ's -4.70%.

Which ETF is better, DUKX or DUKZ?

On 1-year performance, DUKX leads with 28.18% vs 8.98% for DUKZ. Both ETFs have the same 1.03% expense ratio. On volatility, DUKZ has been the lower-risk option at 1.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUKX or DUKZ?

Over the 1-year period, DUKX has performed better with a 28.18% return vs 8.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUKX or DUKZ?

DUKX and DUKZ have the same expense ratio: 1.03% per year.

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

DUKZ has the higher dividend yield at 3.77%, compared with 2.22% for DUKX.

What is the main difference between DUKX and DUKZ?

DUKX is categorized as Foreign Large Cap Equities, while DUKZ is Nontraditional Bonds.

Which has better risk-adjusted returns?

DUKZ currently has the higher Sharpe Ratio (2.11 vs 2.11), 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.