UYLD vs. EUFN
UYLD (Angel Oak Ultrashort Income ETF) and EUFN (iShares MSCI Europe Financials ETF) are both exchange-traded funds - UYLD is a Ultrashort Bond fund actively managed by Angel Oak, while EUFN is a Financials Equities fund tracking the MSCI Europe Financials Index. UYLD is actively managed, while EUFN is passively managed. Over the past 3 years, UYLD returned 5.92%/yr vs 32.04%/yr for EUFN. At a 0.10 correlation, their price movements are largely independent. UYLD charges 0.29%/yr vs 0.48%/yr for EUFN.
Performance
UYLD vs. EUFN - Performance Comparison
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Returns By Period
In the year-to-date period, UYLD achieves a 2.03% return, which is significantly lower than EUFN's 4.75% return.
UYLD
- 1D
- 0.05%
- 1M
- 0.65%
- YTD
- 2.03%
- 6M
- 2.39%
- 1Y
- 5.12%
- 3Y*
- 5.92%
- 5Y*
- —
- 10Y*
- —
EUFN
- 1D
- 1.20%
- 1M
- 3.43%
- YTD
- 4.75%
- 6M
- 9.10%
- 1Y
- 28.57%
- 3Y*
- 32.04%
- 5Y*
- 18.43%
- 10Y*
- 13.48%
UYLD vs. EUFN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
UYLD Angel Oak Ultrashort Income ETF | 2.03% | 5.36% | 6.10% | 6.90% | 1.09% |
EUFN iShares MSCI Europe Financials ETF | 4.75% | 65.73% | 17.20% | 26.15% | 17.35% |
Correlation
The correlation between UYLD and EUFN is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2022 | 0.10 |
Over the past year, UYLD and EUFN have become more correlated (0.32) than their long-term average of 0.10, meaning their price movements have been converging.
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Return for Risk
UYLD vs. EUFN — Risk / Return Rank
UYLD
EUFN
UYLD vs. EUFN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak Ultrashort Income ETF (UYLD) and iShares MSCI Europe Financials ETF (EUFN). 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.
| UYLD | EUFN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.72 | ||
| Sortino ratioReturn per unit of downside risk | +20.14 | ||
| Omega ratioGain probability vs. loss probability | 4.49 | 1.23 | +3.26 |
| Calmar ratioReturn relative to maximum drawdown | 37.30 | 1.79 | +35.52 |
| Martin ratioReturn relative to average drawdown | 226.63 | 6.24 | +220.40 |
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Drawdowns
UYLD vs. EUFN - Drawdown Comparison
The maximum UYLD drawdown since its inception was -0.54%, smaller than the maximum EUFN drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for UYLD and EUFN.
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Drawdown Indicators
| UYLD | EUFN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.54% | -53.25% | +52.71% |
Max Drawdown (1Y)Largest decline over 1 year | -0.14% | -14.77% | +14.63% |
Max Drawdown (3Y)Largest decline over 3 years | -0.54% | -15.95% | +15.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.25% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.10% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -0.03% | -14.53% | +14.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.02% | 4.23% | -4.21% |
Volatility
UYLD vs. EUFN - Volatility Comparison
The current volatility for Angel Oak Ultrashort Income ETF (UYLD) is 0.36%, while iShares MSCI Europe Financials ETF (EUFN) has a volatility of 6.96%. This indicates that UYLD experiences smaller price fluctuations and is considered to be less risky than EUFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UYLD | EUFN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.36% | 6.96% | -6.60% |
Volatility (6M)Calculated over the trailing 6-month period | 0.50% | 17.05% | -16.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.64% | 20.17% | -19.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.00% | 21.88% | -20.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.00% | 24.53% | -23.53% |
UYLD vs. EUFN - Expense Ratio Comparison
UYLD has a 0.29% expense ratio, which is lower than EUFN's 0.48% expense ratio.
Dividends
UYLD vs. EUFN - Dividend Comparison
UYLD's dividend yield for the trailing twelve months is around 5.03%, more than EUFN's 3.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUFN iShares MSCI Europe Financials ETF | 3.41% | 3.57% | 5.36% | 5.00% | 4.24% | 4.15% | 1.38% | 4.55% | 6.48% | 3.04% | 4.03% | 3.65% |
UYLD Angel Oak Ultrashort Income ETF | 5.03% | 5.07% | 4.97% | 5.92% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UYLD and EUFN have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EUFN has higher volatility (6.96%) compared to UYLD (0.36%). In terms of maximum drawdown, UYLD dropped -0.54% vs EUFN's -53.25%.
On 3-year performance, EUFN leads with 32.04% vs 5.92% for UYLD. On fees, UYLD is cheaper at 0.29% per year. On volatility, UYLD has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EUFN has performed better with a 32.04% return vs 5.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UYLD is cheaper with a 0.29% expense ratio, compared with 0.48% for EUFN.
UYLD has the higher dividend yield at 5.03%, compared with 3.41% for EUFN.
UYLD is categorized as Ultrashort Bond, while EUFN is Financials Equities. They also come from different issuers: Angel Oak and iShares. Their fees differ too: 0.29% for UYLD and 0.48% for EUFN.
UYLD currently has the higher Sharpe Ratio (8.03 vs 1.31), 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.
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