QVOY vs. AOHY ETF Comparison

Comparison of Q3 All-Season Active Rotation ETF (QVOY) to Angel Oak High Yield Opportunities ETF (AOHY)
QVOY

Q3 All-Season Active Rotation ETF

QVOY Description

Under normal circumstances, the fund will invest primarily in shares of other investment companies, including exchange-traded funds ("ETFs"), open-end mutual funds, and closed-end funds across four category "sleeves": core equity, active equity, bonds, and alternatives. The fund may indirectly invest in equity securities of all capitalization ranges and in debt securities of all credit qualities.

Grade (RS Rating)

Last Trade

$28.49

Average Daily Volume

16,315

Number of Holdings *

8

* may have additional holdings in another (foreign) market
AOHY

Angel Oak High Yield Opportunities ETF

AOHY Description AOHY focuses on global junk bonds, aiming to optimize returns and manage risks by investing based on prevailing market conditions and perceived value. The fund primarily holds corporate and securitized debts, along with structured products and US government securities, capped at 20%. In addition, foreign debts can comprise 25% of the assets. The adviser analyses factors like collateral quality, credit support, structure, and market conditions to select structured products. Meanwhile, corporate bonds are chosen through fundamental research identifying issuers with potential credit profile improvements and attractive valuations, considering factors such as maturity, yield, ratings, and price appreciation potential. Positions are opportunistically entered, with investments spread across various factors while targeting undervalued assets. Holdings vary in maturity, aiming for a dollar-weighted average of 2-15 years. On February 20, 2024, AOHY converted into an actively managed ETF, starting with $74.1 million in net assets.

Grade (RS Rating)

Last Trade

$11.07

Average Daily Volume

54,983

Number of Holdings *

1

* may have additional holdings in another (foreign) market
Performance
Period QVOY AOHY
30 Days -0.59% -0.04%
60 Days 1.74% -0.75%
90 Days 3.00% -0.17%
12 Months 3.98%
1 Overlapping Holdings
Symbol Grade Weight in QVOY Weight in AOHY Overlap
USHY A 1.23% 2.26% 1.23%
QVOY Overweight 7 Positions Relative to AOHY
Symbol Grade Weight
SCHG B 14.44%
GDX C 12.34%
GLDM C 4.19%
PFFD D 4.13%
ICVT A 4.12%
VCIT D 1.31%
IEF F 1.31%
QVOY Underweight 0 Positions Relative to AOHY
Symbol Grade Weight

AOHY: Top Represented Industries & Keywords

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