SCMC vs. CARY
SCMC (Sterling Capital Multi-Strategy Income ETF) and CARY (Angel Oak Income ETF) are both Multisector Bonds funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. SCMC charges 0.55%/yr vs 0.80%/yr for CARY.
Performance
SCMC vs. CARY - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SCMC having a 1.79% return and CARY slightly lower at 1.74%.
SCMC
- 1D
- -0.16%
- 1M
- 0.34%
- YTD
- 1.79%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CARY
- 1D
- -0.05%
- 1M
- 0.23%
- YTD
- 1.74%
- 6M
- 2.13%
- 1Y
- 6.94%
- 3Y*
- 7.35%
- 5Y*
- —
- 10Y*
- —
SCMC vs. CARY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SCMC Sterling Capital Multi-Strategy Income ETF | 1.79% | -0.13% |
CARY Angel Oak Income ETF | 1.74% | 0.40% |
Correlation
The correlation between SCMC and CARY is 0.68, 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 Dec 12, 2025 | 0.68 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCMC vs. CARY — Risk / Return Rank
SCMC
CARY
SCMC vs. CARY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Multi-Strategy Income ETF (SCMC) and Angel Oak Income ETF (CARY). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| SCMC | CARY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.96 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.26 | 2.65 | -1.38 |
Drawdowns
SCMC vs. CARY - Drawdown Comparison
The maximum SCMC drawdown since its inception was -1.91%, roughly equal to the maximum CARY drawdown of -1.96%. Use the drawdown chart below to compare losses from any high point for SCMC and CARY.
Loading charts...
Drawdown Indicators
| SCMC | CARY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.91% | -1.96% | +0.05% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.28% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.96% | — |
Current DrawdownCurrent decline from peak | -0.20% | -0.14% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -0.36% | -0.33% | -0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.29% | — |
Volatility
SCMC vs. CARY - Volatility Comparison
Loading charts...
Volatility by Period
| SCMC | CARY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.56% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.30% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.84% | 1.76% | +1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.84% | 2.74% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.84% | 2.74% | +0.10% |
SCMC vs. CARY - Expense Ratio Comparison
SCMC has a 0.55% expense ratio, which is lower than CARY's 0.80% expense ratio.
Dividends
SCMC vs. CARY - Dividend Comparison
SCMC's dividend yield for the trailing twelve months is around 2.17%, less than CARY's 5.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CARY Angel Oak Income ETF | 5.93% | 6.13% | 6.10% | 6.38% | 0.48% |
SCMC Sterling Capital Multi-Strategy Income ETF | 2.17% | 0.29% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SCMC and CARY have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SCMC is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCMC is cheaper with a 0.55% expense ratio, compared with 0.80% for CARY.
CARY has the higher dividend yield at 5.93%, compared with 2.17% for SCMC.
They also come from different issuers: Sterling Capital and Angel Oak. Their fees differ too: 0.55% for SCMC and 0.80% for CARY.
Find the right allocation for SCMC and CARY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer