MAMB vs. TRBF
MAMB (Monarch Ambassador Income ETF) and TRBF (Angel Oak Total Return ETF) are both Intermediate Core-Plus Bond funds. MAMB is passively managed, while TRBF is actively managed. A 0.69 correlation means they provide meaningful diversification when combined. MAMB charges 1.49%/yr vs 0.44%/yr for TRBF.
Performance
MAMB vs. TRBF - Performance Comparison
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Returns By Period
In the year-to-date period, MAMB achieves a 1.78% return, which is significantly higher than TRBF's 1.35% return.
MAMB
- 1D
- 0.19%
- 1M
- 0.40%
- YTD
- 1.78%
- 6M
- 1.07%
- 1Y
- 7.38%
- 3Y*
- 5.30%
- 5Y*
- 0.71%
- 10Y*
- —
TRBF
- 1D
- 0.53%
- 1M
- 1.34%
- YTD
- 1.35%
- 6M
- 1.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAMB vs. TRBF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MAMB Monarch Ambassador Income ETF | 1.78% | 1.32% |
TRBF Angel Oak Total Return ETF | 1.35% | 0.94% |
Correlation
The correlation between MAMB and TRBF is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025 | 0.69 |
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Return for Risk
MAMB vs. TRBF — Risk / Return Rank
MAMB
TRBF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MAMB vs. TRBF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Monarch Ambassador Income ETF (MAMB) and Angel Oak Total Return ETF (TRBF). 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.
| MAMB | TRBF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.23 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | — | — |
| Martin ratioReturn relative to average drawdown | 5.52 | — | — |
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Drawdowns
MAMB vs. TRBF - Drawdown Comparison
The maximum MAMB drawdown since its inception was -19.33%, which is greater than TRBF's maximum drawdown of -2.59%. Use the drawdown chart below to compare losses from any high point for MAMB and TRBF.
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Drawdown Indicators
| MAMB | TRBF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.33% | -2.59% | -16.74% |
Max Drawdown (1Y)Largest decline over 1 year | -3.55% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -7.38% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.33% | — | — |
Current DrawdownCurrent decline from peak | -1.87% | -0.67% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -7.44% | -0.83% | -6.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | — | — |
Volatility
MAMB vs. TRBF - Volatility Comparison
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Volatility by Period
| MAMB | TRBF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.71% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.42% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.72% | 3.77% | +1.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.02% | 3.77% | +3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.91% | 3.77% | +3.14% |
MAMB vs. TRBF - Expense Ratio Comparison
MAMB has a 1.49% expense ratio, which is higher than TRBF's 0.44% expense ratio.
Dividends
MAMB vs. TRBF - Dividend Comparison
MAMB's dividend yield for the trailing twelve months is around 2.44%, less than TRBF's 3.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MAMB Monarch Ambassador Income ETF | 2.44% | 2.47% | 2.11% | 1.73% | 0.92% | 0.56% |
TRBF Angel Oak Total Return ETF | 3.12% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MAMB and TRBF have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRBF is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRBF is cheaper with a 0.44% expense ratio, compared with 1.49% for MAMB.
TRBF has the higher dividend yield at 3.12%, compared with 2.44% for MAMB.
They also come from different issuers: Monarch and Angel Oak. Their fees differ too: 1.49% for MAMB and 0.44% for TRBF.
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