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Upturn AI Summary
Angel Oak High Yield Opportunities ETF(AOHY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AOHY
10/02/2026: AOHY (1-star) is currently NOT-A-BUY. Pass it for now.
AOHY is an actively managed ETF that seeks high current income by investing in a diversified pool of high-yield corporate bonds and bank loans. Its primary strength lies in Angel Oak's professional, fundamental credit analysis, which allows the fund to target specific opportunities rather than tracking a broad, potentially flawed market index. It is best suited for income-seeking investors looking for professional credit management, provided they are comfortable with the inherent risks of non-investment grade debt, including credit defaults and interest rate sensitivity. Investors should monitor credit spreads, default rates, and the fund's expense ratio relative to lower-cost, passive alternatives.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | AOHY is an income-focused instrument and does not prioritize aggressive capital growth. |
| Momentum investor | Mixed fit | Momentum investors may find limited utility here unless there is a broad, sustained upturn in high-yield credit spreads. |
| Value investor | Strong fit while signal remains positive | The fund excels at identifying mispriced credit opportunities where yield exceeds perceived default risk. |
| Dividend/Income investor | Strong fit | The primary objective of AOHY is to generate regular high income, making it a strong match for income-seeking portfolios. |
| Low-risk investor | Weak fit | High-yield bonds carry significant default and market volatility risks, which are unsuitable for low-risk profiles. |
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated individual or professional who is seeking high yield and trusts active management to navigate credit markets more effectively than passive indices.
Suitability
Best for long-term income-oriented investors who can tolerate periods of higher volatility and understand the nuances of active fixed-income management.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Credit markets can experience sharp price swings during economic downturns. |
| Market risk | High | The ETF is directly exposed to systemic risks affecting corporate debt issuers. |
| Concentration | Medium | Active management may lead to concentrated bets in specific sectors or credit profiles. |
| Tracking/expense | Medium | Higher expense ratios compared to passive ETFs can weigh on total returns over time. |
| Liquidity | Medium | Lower trading volumes for the fund compared to giants may make exiting large positions more costly. |
| Business/sector quality | High | Investment in non-investment grade debt inherently carries risk of business failure and credit defaults. |
Risk Analysis
Volatility
AOHY exhibits typical volatility for a high-yield fund, driven by credit spread changes and macroeconomic news affecting corporate solvency.
Market Risk
The fund faces significant market risk, particularly regarding default risk, interest rate sensitivity, and general fixed-income liquidity constraints.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | High-Yield Corporate Bonds | 75 | These bonds provide the primary income stream for the fund but carry higher default risk than investment-grade debt. |
| Fixed-income type | Floating-Rate Bank Loans | 15 | Bank loans help mitigate interest rate risk due to their floating-rate nature. |
| Cash/collateral | Cash and Cash Equivalents | 10 | Liquidity is maintained to manage redemptions and provide flexibility for new opportunistic investments. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 4.93% | Avg. Invested days 62 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $115.56M |
| Issuer | Angel Oak |
| Expense Ratio | 0.5499999999999999% |
| Distribution Yield | 6.62% |
| Inception | Mar 31, 2009 |
Performance
| Period | Total Return |
|---|---|
| YTD | +0.90% |
| 1 Year | +1.73% |
| 3 Year | +7.38% |
| 5 Year | +4.36% |
| 10 Year | +5.35% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 3.57% |
| 3Y Volatility | 3.76% |
| 3Y Sharpe Ratio | 0.75 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Micro Cap | 0.18% |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Holdings Turnover | 0.0% |
Top Holdings
| Holding | Weight |
|---|---|
| iShares Broad USD High Yield Corporate Bond ETF | 0.83% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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