SCUB vs. USOY

Last updated Jul 31, 2026

SCUB (Sterling Capital Ultra Short Bond ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - SCUB is a Actively Managed fund actively managed by Sterling Capital, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Their -0.31 correlation means they have often moved in opposite directions in the past. SCUB charges 0.30%/yr vs 1.22%/yr for USOY.

Performance

SCUB vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Capital Ultra Short Bond ETF (SCUB) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCUB

• 1D: 0.02%
• 1M: 0.20%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

USOY

• 1D: -1.00%
• 1M: 13.98%
• 6M: 36.88%
• YTD: 49.61%
• 1Y: 37.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.65%

*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)
SCUB Sterling Capital Ultra Short Bond ETF	$5.73K	$11.42K	$8.68K
USOY Defiance Oil Enhanced Options Income ETF	$3.10M	$3.29M	$3.44M

SCUB vs. USOY - Yearly Performance Comparison

	2026 (YTD)
SCUB Sterling Capital Ultra Short Bond ETF	1.46%
USOY Defiance Oil Enhanced Options Income ETF	-2.94%

Correlation

The correlation between SCUB and USOY is -0.31, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 30, 2026	-0.31

Return for Risk

SCUB vs. USOY — Risk / Return Rank

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

SCUB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

USOY

USOY Risk / Return Rank: 44
USOY Sharpe Ratio Rank: 46
USOY Sortino Ratio Rank: 43
USOY Omega Ratio Rank: 48
USOY Calmar Ratio Rank: 43
USOY Martin Ratio Rank: 41

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.

SCUB vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Ultra Short Bond ETF (SCUB) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	SCUB	USOY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.08	—
Sortino ratio: Return per unit of downside risk	—	1.54	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.47	—
Martin ratio: Return relative to average drawdown	—	4.26	—

Drawdowns

SCUB vs. USOY - Drawdown Comparison

The maximum SCUB drawdown since its inception was -0.18%, smaller than the maximum USOY drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for SCUB and USOY.

Drawdown Indicators

	SCUB	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-0.18%	-25.51%	+25.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.51%	—
Current Drawdown Current decline from peak	0.00%	-12.47%	+12.47%
Average Drawdown Average peak-to-trough decline	-0.02%	-7.16%	+7.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.80%	—

Volatility

Volatility by Period

	SCUB	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.86%	34.89%	-34.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.86%	28.22%	-27.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.86%	28.22%	-27.36%

SCUB vs. USOY - Expense Ratio Comparison

SCUB has a 0.30% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

SCUB vs. USOY - Dividend Comparison

SCUB's dividend yield for the trailing twelve months is around 1.33%, less than USOY's 59.09% yield.

Position	TTM	2025	2024
SCUB Sterling Capital Ultra Short Bond ETF	1.33%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	59.09%	104.32%	48.60%

Frequently Asked Questions

Can I hold both SCUB and USOY in my portfolio?

SCUB and USOY have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCUB or USOY?

On fees, SCUB is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCUB or USOY?

SCUB is cheaper with a 0.30% expense ratio, compared with 1.22% for USOY.

Which ETF pays a higher dividend yield, SCUB or USOY?

USOY has the higher dividend yield at 59.09%, compared with 1.33% for SCUB.

What is the main difference between SCUB and USOY?

SCUB is categorized as Actively Managed, while USOY is Derivative Income. They also come from different issuers: Sterling Capital and Defiance. Their fees differ too: 0.30% for SCUB and 1.22% for USOY.