UYLD vs. BINC
Compare and contrast key facts about Angel Oak Ultrashort Income ETF (UYLD) and BlackRock Flexible Income ETF (BINC).
UYLD and BINC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UYLD is an actively managed fund by Angel Oak. It was launched on Oct 24, 2022. BINC is an actively managed fund by Blackrock. It was launched on Sep 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UYLD or BINC.
Performance
UYLD vs. BINC - Performance Comparison
Returns By Period
In the year-to-date period, UYLD achieves a 5.94% return, which is significantly higher than BINC's 5.28% return.
UYLD
5.94%
0.41%
3.37%
7.16%
N/A
N/A
BINC
5.28%
-0.34%
3.83%
9.17%
N/A
N/A
Key characteristics
| UYLD | BINC | |
|---|---|---|
| Sharpe Ratio | 8.56 | 3.22 |
| Sortino Ratio | 17.63 | 5.14 |
| Omega Ratio | 3.88 | 1.70 |
| Calmar Ratio | 52.81 | 7.62 |
| Martin Ratio | 214.36 | 22.78 |
| Ulcer Index | 0.03% | 0.43% |
| Daily Std Dev | 0.85% | 2.99% |
| Max Drawdown | -0.41% | -1.95% |
| Current Drawdown | 0.00% | -0.68% |
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UYLD vs. BINC - Expense Ratio Comparison
UYLD has a 0.29% expense ratio, which is lower than BINC's 0.40% expense ratio.
Correlation
The correlation between UYLD and BINC is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
UYLD vs. BINC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak Ultrashort Income ETF (UYLD) and BlackRock Flexible Income ETF (BINC). 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.
Dividends
UYLD vs. BINC - Dividend Comparison
UYLD's dividend yield for the trailing twelve months is around 5.65%, more than BINC's 5.53% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
UYLD Angel Oak Ultrashort Income ETF | 5.65% | 5.92% | 0.75% |
BINC BlackRock Flexible Income ETF | 5.53% | 3.13% | 0.00% |
Drawdowns
UYLD vs. BINC - Drawdown Comparison
The maximum UYLD drawdown since its inception was -0.41%, smaller than the maximum BINC drawdown of -1.95%. Use the drawdown chart below to compare losses from any high point for UYLD and BINC. For additional features, visit the drawdowns tool.
Volatility
UYLD vs. BINC - Volatility Comparison
The current volatility for Angel Oak Ultrashort Income ETF (UYLD) is 0.18%, while BlackRock Flexible Income ETF (BINC) has a volatility of 0.66%. This indicates that UYLD experiences smaller price fluctuations and is considered to be less risky than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.