DUKZ vs. ABXB

Last updated Jun 5, 2026

DUKZ (Ocean Park Diversified Income ETF) and ABXB (Abacus Flexible Bond Leaders ETF) are both Nontraditional Bonds funds. DUKZ is actively managed, while ABXB is passively managed. Over the past year, DUKZ returned 8.16% vs 5.21% for ABXB. A 0.78 correlation means they provide meaningful diversification when combined. DUKZ charges 1.03%/yr vs 0.62%/yr for ABXB.

Performance

DUKZ vs. ABXB - Performance Comparison

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

Returns By Period

In the year-to-date period, DUKZ achieves a 2.78% return, which is significantly higher than ABXB's 0.31% return.

DUKZ

• 1D: 0.24%
• 1M: 1.17%
• YTD: 2.78%
• 6M: 2.87%
• 1Y: 8.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABXB

• 1D: 0.12%
• 1M: 0.26%
• YTD: 0.31%
• 6M: 0.65%
• 1Y: 5.21%
• 3Y*: 6.44%
• 5Y*: 1.14%
• 10Y*: —

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

DUKZ vs. ABXB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DUKZ Ocean Park Diversified Income ETF	2.78%	4.24%	2.67%
ABXB Abacus Flexible Bond Leaders ETF	0.31%	8.73%	2.03%

Correlation

The correlation between DUKZ and ABXB is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jul 12, 2024	0.78

The correlation between DUKZ and ABXB has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.

Return for Risk

DUKZ vs. ABXB — Risk / Return Rank

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

DUKZ

DUKZ Risk / Return Rank: 56
DUKZ Sharpe Ratio Rank: 57
DUKZ Sortino Ratio Rank: 58
DUKZ Omega Ratio Rank: 61
DUKZ Calmar Ratio Rank: 49
DUKZ Martin Ratio Rank: 53

ABXB

ABXB Risk / Return Rank: 40
ABXB Sharpe Ratio Rank: 44
ABXB Sortino Ratio Rank: 43
ABXB Omega Ratio Rank: 44
ABXB Calmar Ratio Rank: 32
ABXB Martin Ratio Rank: 35

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.

DUKZ vs. ABXB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Diversified Income ETF (DUKZ) and Abacus Flexible Bond Leaders ETF (ABXB). 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.

	DUKZ	ABXB	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.51	+0.40
Sortino ratio: Return per unit of downside risk	2.71	2.13	+0.58
Omega ratio: Gain probability vs. loss probability	1.36	1.28	+0.09
Calmar ratio: Return relative to maximum drawdown	2.42	1.52	+0.89
Martin ratio: Return relative to average drawdown	8.94	5.13	+3.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DUKZ vs. ABXB - Sharpe Ratio Comparison

The current DUKZ Sharpe Ratio is 1.91, which is comparable to the ABXB Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of DUKZ and ABXB, 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

	DUKZ	ABXB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	1.51	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.25	+0.96

Drawdowns

DUKZ vs. ABXB - Drawdown Comparison

The maximum DUKZ drawdown since its inception was -4.70%, smaller than the maximum ABXB drawdown of -16.96%. Use the drawdown chart below to compare losses from any high point for DUKZ and ABXB.

Drawdown Indicators

	DUKZ	ABXB	Difference
Max Drawdown Largest peak-to-trough decline	-4.70%	-16.96%	+12.26%
Max Drawdown (1Y) Largest decline over 1 year	-3.39%	-3.43%	+0.04%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.96%	—
Current Drawdown Current decline from peak	-0.30%	-1.49%	+1.19%
Average Drawdown Average peak-to-trough decline	-1.14%	-5.73%	+4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	1.02%	-0.11%

Volatility

DUKZ vs. ABXB - Volatility Comparison

Ocean Park Diversified Income ETF (DUKZ) has a higher volatility of 1.92% compared to Abacus Flexible Bond Leaders ETF (ABXB) at 0.97%. This indicates that DUKZ's price experiences larger fluctuations and is considered to be riskier than ABXB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUKZ	ABXB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.92%	0.97%	+0.95%
Volatility (6M) Calculated over the trailing 6-month period	3.62%	2.74%	+0.88%
Volatility (1Y) Calculated over the trailing 1-year period	4.31%	3.47%	+0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.29%	5.59%	-1.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.29%	5.44%	-1.15%

DUKZ vs. ABXB - Expense Ratio Comparison

DUKZ has a 1.03% expense ratio, which is higher than ABXB's 0.62% expense ratio.

Dividends

DUKZ vs. ABXB - Dividend Comparison

DUKZ's dividend yield for the trailing twelve months is around 4.13%, less than ABXB's 5.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ABXB Abacus Flexible Bond Leaders ETF	5.19%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%
DUKZ Ocean Park Diversified Income ETF	4.13%	4.05%	2.44%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DUKZ and ABXB in my portfolio?

DUKZ and ABXB have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUKZ or ABXB?

DUKZ has higher volatility (1.92%) compared to ABXB (0.97%). In terms of maximum drawdown, DUKZ dropped -4.70% vs ABXB's -16.96%.

Which ETF is better, DUKZ or ABXB?

On 1-year performance, DUKZ leads with 8.16% vs 5.21% for ABXB. On fees, ABXB is cheaper at 0.62% per year. On volatility, ABXB has been the lower-risk option at 0.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUKZ or ABXB?

Over the 1-year period, DUKZ has performed better with a 8.16% return vs 5.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUKZ or ABXB?

ABXB is cheaper with a 0.62% expense ratio, compared with 1.03% for DUKZ.

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

ABXB has the higher dividend yield at 5.19%, compared with 4.13% for DUKZ.

What is the main difference between DUKZ and ABXB?

They also come from different issuers: Ocean Park and Abacus. Their fees differ too: 1.03% for DUKZ and 0.62% for ABXB.

Which has better risk-adjusted returns?

DUKZ currently has the higher Sharpe Ratio (1.91 vs 1.51), 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.