BINC vs. AOHY ETF Comparison
Comparison of BlackRock Flexible Income ETF (BINC) to Angel Oak High Yield Opportunities ETF (AOHY)
BINC
BlackRock Flexible Income ETF
BINC Description
Under normal market conditions, the fund will invest in a combination of fixed-income securities, including, but not limited to: high yield securities; obligations issued or guaranteed by the U.S. government, its agencies or instrumentalities; mortgage-backed securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$52.61
Average Daily Volume
985,870
Number of Holdings
*
3
* 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 | BINC | AOHY |
|---|---|---|
| 30 Days | 0.04% | -0.04% |
| 60 Days | -0.54% | -0.75% |
| 90 Days | 0.50% | -0.17% |
| 12 Months | 8.80% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BINC | Weight in AOHY | Overlap | |
|---|---|---|---|---|---|
| USHY | A | 0.71% | 2.26% | 0.71% |
BINC Underweight 0 Positions Relative to AOHY
| Symbol | Grade | Weight |
|---|
BINC: Top Represented Industries & Keywords
AOHY: Top Represented Industries & Keywords
Industries:
Compare ETFs
