CARY vs FFTI
Angel Oak Income ETF vs FormulaFolios Tactical Income ETF
Which is better, CARY or FFTI?
CARY has been ahead.
CARY has a lower expense ratio. CARY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CARY | FFTI |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.96% |
| AUM | $1.4B | $69M |
| Dividend Yield | 5.99% | 2.40% |
| Holdings | 818 | 5 |
| Volatility (annualized) | 3.3%Best | 4.2% |
| Max Drawdown | -1.5%Best | -3.5% |
| $10,000 over 2 years | $11,714Best | $10,221 |
| Fund Family | Angel Oak Capital Advisors | FormulaFolio Funds |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Nov 7, 2022 | Jun 6, 2017 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 712 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CARY has data through Oct 14, 2026 and FFTI through Nov 1, 2024.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Nov 8, 2022 to Nov 1, 2024 (2 years).
Risk: Volatility and Drawdowns
FFTI has been the more volatile fund, with annualized monthly volatility of 4.2% compared with 3.3% for CARY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -1.5% for CARY and -3.5% for FFTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CARY charges 0.79% per year while FFTI charges 0.96%. On a $10,000 position that is $79 vs $96 annually, a gap of $17 per year that compounds over a long holding period. On income, CARY currently yields 5.99% against 2.40% for FFTI.
You are not choosing between two funds in isolation.
Whichever of CARY and FFTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CARY or FFTI?
CARY has an expense ratio of 0.79% while FFTI charges 0.96%. CARY is the cheaper option, by $17 a year on a $10,000 investment.
Which is riskier, CARY or FFTI?
FFTI has been the more volatile fund at 4.2% annualized versus 3.3% for CARY. Worst drawdown: CARY -1.5% vs FFTI -3.5%.
Should I hold both CARY and FFTI?
CARY and FFTI have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CARY or FFTI?
CARY yields 5.99% while FFTI yields 2.40%, so CARY currently pays the higher dividend yield.
Is FFTI better than CARY?
CARY has a lower expense ratio. CARY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.