UYLD vs. XBOX

Last updated Jul 21, 2026

UYLD (Angel Oak Ultrashort Income ETF) and XBOX (Roundhill Ultra Short Duration No Dividend Target ETF) are both Ultrashort Bond funds. Both are actively managed. At a 0.03 correlation, their price movements are largely independent. UYLD charges 0.29%/yr vs 0.14%/yr for XBOX.

Performance

UYLD vs. XBOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Angel Oak Ultrashort Income ETF (UYLD) and Roundhill Ultra Short Duration No Dividend Target ETF (XBOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UYLD

• 1D: 0.00%
• 1M: 0.40%
• 6M: 2.28%
• YTD: 2.47%
• 1Y: 4.94%
• 3Y*: 5.79%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.88%

XBOX

• 1D: 0.00%
• 1M: 0.32%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UYLD vs. XBOX - Yearly Performance Comparison

	2026 (YTD)
UYLD Angel Oak Ultrashort Income ETF	1.67%
XBOX Roundhill Ultra Short Duration No Dividend Target ETF	1.29%

Correlation

The correlation between UYLD and XBOX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 18, 2026	0.03

Return for Risk

UYLD vs. XBOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UYLD

UYLD Risk / Return Rank: 99
UYLD Sharpe Ratio Rank: 99
UYLD Sortino Ratio Rank: 99
UYLD Omega Ratio Rank: 99
UYLD Calmar Ratio Rank: 99
UYLD Martin Ratio Rank: 99

XBOX

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UYLD vs. XBOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Angel Oak Ultrashort Income ETF (UYLD) and Roundhill Ultra Short Duration No Dividend Target ETF (XBOX). 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	XBOX	Difference
Sharpe ratio: Return per unit of total volatility	7.82	—	—
Sortino ratio: Return per unit of downside risk	21.14	—	—
Omega ratio: Gain probability vs. loss probability	4.35	—	—
Calmar ratio: Return relative to maximum drawdown	36.29	—	—
Martin ratio: Return relative to average drawdown	216.95	—	—

Drawdowns

UYLD vs. XBOX - Drawdown Comparison

The maximum UYLD drawdown since its inception was -0.54%, smaller than the maximum XBOX drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for UYLD and XBOX.

Drawdown Indicators

	UYLD	XBOX	Difference
Max Drawdown Largest peak-to-trough decline	-0.54%	-0.83%	+0.29%
Max Drawdown (1Y) Largest decline over 1 year	-0.14%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.54%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.03%	-0.08%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.02%	—	—

Volatility

Volatility by Period

	UYLD	XBOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.64%	2.04%	-1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.99%	2.04%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.99%	2.04%	-1.05%

UYLD vs. XBOX - Expense Ratio Comparison

UYLD has a 0.29% expense ratio, which is higher than XBOX's 0.14% expense ratio.

Dividends

UYLD vs. XBOX - Dividend Comparison

UYLD's dividend yield for the trailing twelve months is around 5.00%, while XBOX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
UYLD Angel Oak Ultrashort Income ETF	5.00%	5.07%	4.97%	5.92%	0.75%
XBOX Roundhill Ultra Short Duration No Dividend Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UYLD and XBOX in my portfolio?

UYLD and XBOX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UYLD or XBOX?

On fees, XBOX is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UYLD or XBOX?

XBOX is cheaper with a 0.14% expense ratio, compared with 0.29% for UYLD.

Which ETF pays a higher dividend yield, UYLD or XBOX?

UYLD has the higher dividend yield at 5.00%, compared with 0.00% for XBOX.

What is the main difference between UYLD and XBOX?

They also come from different issuers: Angel Oak and Roundhill. Their fees differ too: 0.29% for UYLD and 0.14% for XBOX.