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 Underweight 0 Positions Relative to AOHY
Symbol | Grade | Weight |
---|
QVOY: Top Represented Industries & Keywords
Industries:
Keywords:
Exchange Traded Fund
ETF
Bond
Bloomberg Barclays Us Aggregate Bond Index
Bond Market Indices
Corporate Bond
Index Fund
Stock Market Index
Swaps
American Depositary Receipt
Barclays
Bond Market
Bullion
Convertibles
Dow Jones U.S. Total Stock Market Index
Equity Derivative
Futures Markets
Gold As An Investment
Gold Mining
Gold Mining Industry
AOHY: Top Represented Industries & Keywords
Industries: