Angel Oak Income ETF (CARY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Angel Oak Income ETF (CARY) trades at $20.71 with AI Score 44/100 (Grade C). Angel Oak Income ETF focuses on risk-adjusted fixed income opportunities. Market cap: $1.29B, Sector: Financial services.
Price as of Aug 20, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for CARY: CARY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CARY against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CARY: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Angel Oak Income ETF (CARY) Financial Services Profile
Angel Oak Income ETF (CARY) seeks stable income and price appreciation through strategic investments in structured credit, including mortgage-backed and asset-backed securities. The fund employs a top-down approach to identify relative value opportunities and a bottom-up credit selection process, focusing on risk-adjusted returns within the fixed income market.
What Is the Investment Thesis for CARY?
Angel Oak Income ETF presents a compelling investment case for investors seeking exposure to the structured credit market. The fund's focus on RMBS, ABS, CMBS, and CLOs provides diversification across various fixed-income asset classes. With a beta of 0.42, CARY exhibits lower volatility compared to the broader market, potentially offering downside protection during market downturns. The fund's investment strategy, which combines a top-down approach with bottom-up credit selection, aims to identify and capitalize on relative value opportunities. However, the absence of a dividend yield may deter income-focused investors. The fund's success hinges on the manager's ability to navigate the complexities of the structured credit market and effectively manage credit risk. Growth catalysts include increased demand for fixed-income investments and favorable conditions in the housing and credit markets.
Based on FMP financials and quantitative analysis
CARY Key Highlights
Market Cap of $1.29B indicates a sizable fund with significant assets under management.
- Beta of 0.42 suggests lower volatility compared to the overall market, potentially offering stability during market fluctuations.
- Focus on residential mortgage-backed securities (RMBS), asset-backed securities (ABS), commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs) provides exposure to a diverse range of fixed-income assets.
- Top-down approach combined with bottom-up credit selection aims to identify relative value opportunities and manage risk effectively.
- Absence of a dividend yield may not appeal to income-focused investors, but the fund targets price appreciation in addition to stable income.
Who Are CARY's Competitors?
CARY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AOK iShares Core 30/70 Conservative Allocation ETF | $41.26 | -0.35% | $816M | 44 |
| AVRE Avantis Real Estate ETF | $48.35 | +0.17% | $839M | 47 |
| DBEU Xtrackers MSCI Europe Hedged Equity ETF | $54.60 | -0.13% | $762M | 46 |
| FDD First Trust STOXX European Select Dividend Index Fund | $20.35 | -0.54% | $834M | 47 |
| FDT First Trust Developed Markets ex-US AlphaDEX Fund | $94.57 | -0.28% | $915M | 47 |
| HQH Abrdn Healthcare Investors | $23.84 | -3.33% | $1.36B | 71 |
| ASA ASA Gold and Precious Metals Limited | $62.31 | +0.10% | $1.17B | 70 |
| AOD Abrdn Total Dynamic Dividend Fund | $10.68 | +0.56% | $1.13B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CARY's Key Strengths?
Expertise in structured credit markets.
- Diversified portfolio of fixed-income securities.
- Disciplined investment process.
- Relatively low beta compared to the broader market.
What Are CARY's Weaknesses?
Absence of a dividend yield may deter some investors.
- Exposure to the complexities and risks of structured credit markets.
- Reliance on the manager's ability to navigate market conditions.
- Potential for liquidity constraints in certain structured credit segments.
What Could Drive CARY Stock Higher?
CARY catalyst: Potential for increased demand for fixed-income investments as investors seek to reduce risk in their portfolios.
- Favorable conditions in the housing and credit markets could support the performance of RMBS and other structured credit assets.
- Active management of the portfolio to capitalize on relative value opportunities and manage risk effectively.
What Are the Key Risks for CARY?
Rising interest rates could negatively impact the value of fixed-income securities.
- Economic downturn could lead to increased credit losses in the structured credit market.
- Complexity of structured credit investments requires specialized expertise and rigorous due diligence.
- Liquidity constraints in certain segments of the structured credit market could impact the fund's ability to buy or sell assets.
What Are the Growth Opportunities for CARY?
- Expansion into New Structured Credit Markets: The fund can explore opportunities in niche segments of the structured credit market, such as esoteric ABS or specialized CLOs. These markets may offer higher yields and less competition, potentially enhancing the fund's returns. Successful expansion requires specialized expertise and rigorous due diligence to assess credit risk and market liquidity. The timeline for this growth opportunity is ongoing, as the fund continuously evaluates new investment opportunities.
- Increased Investor Demand for Fixed Income: As investors seek to diversify their portfolios and reduce risk, demand for fixed-income investments is likely to increase. Angel Oak Income ETF can benefit from this trend by attracting new capital and expanding its asset base. The fund's focus on structured credit may appeal to investors seeking higher yields than traditional fixed-income assets. This growth opportunity is ongoing, driven by macroeconomic factors and investor sentiment.
- Strategic Partnerships with Financial Advisors: Collaborating with financial advisors can help the fund reach a wider audience of potential investors. Financial advisors can recommend the fund to their clients as part of a diversified investment strategy. Building strong relationships with advisors requires effective communication, marketing, and education about the fund's investment strategy and risk profile. This growth opportunity can be pursued in the upcoming year through targeted outreach and marketing campaigns.
- Development of New Investment Products: Angel Oak Capital Advisors can leverage its expertise in structured credit to develop new investment products that complement the existing ETF. These products could include actively managed funds, private credit funds, or customized investment solutions for institutional investors. Diversifying the product line can help the firm attract new clients and generate additional revenue streams. The timeline for this growth opportunity is medium-term, requiring product development and regulatory approvals.
- Capitalizing on Market Volatility: Market volatility can create opportunities to purchase undervalued assets and generate attractive returns. Angel Oak Income ETF can take advantage of market dislocations by selectively investing in distressed or mispriced securities. This requires a disciplined investment approach, strong risk management, and the ability to act quickly when opportunities arise. This growth opportunity is ongoing, as market volatility is a recurring feature of the financial markets.
What Are CARY's Competitive Advantages?
- Expertise in structured credit markets provides a competitive advantage.
- Established relationships with issuers and market participants.
- Disciplined investment process focused on risk-adjusted returns.
What Does CARY Do?
The Angel Oak Income ETF (CARY) was created to provide investors with exposure to a diversified portfolio of fixed-income securities, primarily within the structured credit market. The fund's investment strategy centers on identifying and capitalizing on relative value opportunities across a range of credit and issuer types. Angel Oak Capital Advisors serves as the investment advisor, leveraging its expertise in mortgage credit and structured finance to manage the fund's assets. The fund's primary holdings include residential mortgage-backed securities (RMBS), asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), and collateralized loan obligations (CLOs). These asset classes offer varying degrees of risk and return, and the fund's managers actively allocate capital based on their assessment of market conditions and credit fundamentals. CARY aims to deliver both stable income and potential price appreciation by dynamically adjusting its portfolio composition to reflect changing market dynamics and emerging opportunities within the structured credit landscape. The ETF provides investors with a convenient and liquid way to access a diversified portfolio of structured credit assets, which can be challenging to access directly. As of 2026, the fund continues to focus on optimizing risk-adjusted returns within the fixed income sector.
What Products and Services Does CARY Offer?
- Invests in residential mortgage-backed securities (RMBS).
- Invests in asset-backed securities (ABS).
- Invests in commercial mortgage-backed securities (CMBS).
- Invests in collateralized loan obligations (CLOs).
- Seeks stable income and price appreciation.
- Employs a top-down approach to identify relative value opportunities.
- Utilizes a bottom-up credit selection process to select individual issues.
How Does CARY Make Money?
- Generates revenue through management fees based on assets under management (AUM).
- Aims to provide investors with exposure to a diversified portfolio of fixed-income securities.
- Focuses on structured credit investments, including RMBS, ABS, CMBS, and CLOs.
What Industry Does CARY Operate In?
The asset management industry is characterized by intense competition, with numerous firms offering a wide array of investment products and strategies. The market for fixed-income investments, including structured credit, is influenced by macroeconomic factors such as interest rates, inflation, and economic growth. Angel Oak Income ETF operates within this landscape, competing with other fixed-income ETFs and actively managed funds. The fund's focus on structured credit differentiates it from broader fixed-income strategies, but also exposes it to specific risks associated with these asset classes. The growth of the ETF market has provided investors with greater access to specialized investment strategies, and CARY aims to capitalize on this trend by offering a diversified portfolio of structured credit assets.
Who Are CARY's Key Customers?
- Individual investors seeking fixed-income exposure.
- Institutional investors looking for diversified credit investments.
- Financial advisors seeking to provide clients with access to structured credit markets.
Key Financial Metrics
Return on equity for Angel Oak Income ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. CARY trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
How Angel Oak Income ETF Is Valued
Angel Oak Income ETF carries a market capitalization of $1.29B, placing it in the small-cap category. Relative to its peer group, CARY's quantitative score of 44/100 is roughly in line with the peer average of 46/100.
CARY Financials
Bull Case vs Bear Case
Bull Case
- Recent insider purchases suggest confidence in the ETF's strategy, indicating that those closest to the company see potential upside.
- Community sentiment has shifted positively, with discussions highlighting the ETF's diversified portfolio as a buffer against market volatility.
- Recent commentary from investment forums emphasizes the ETF's focus on income generation, appealing to investors seeking stability in uncertain times.
- Market perception is increasingly favorable, as analysts note the ETF's ability to adapt to changing interest rates, enhancing its appeal.
Bear Case
- There are concerns about the overall performance of the bond market, which could negatively impact the ETF's returns and investor sentiment.
- Some community voices express skepticism about the ETF's long-term growth potential, fearing it may be outpaced by more aggressive investment vehicles.
- Recent discussions reflect worries about rising inflation and its potential impact on income-focused ETFs, leading to a cautious outlook among investors.
- Market developments suggest a possible shift towards growth stocks, which may divert attention and capital away from income-focused strategies like CARY.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
CARY Latest News
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Alphabet Reveals Scary Risk — Big Companies Bleed Tons Of Cash
Investor's Business Daily · Jul 24, 2026
CARY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CARY.
Price Targets
Wall Street price target analysis for CARY.
CARY MoonshotScore
What does this score mean?
The MoonshotScore rates CARY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
What Investors Ask About Angel Oak Income ETF (CARY) — Financial Services
What does the AI Score mean for CARY?
CARY holds an AI Score of 44/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Angel Oak Income ETF focuses on risk-adjusted fixed income opportunities. The fund invests primarily in residential mortgage-backed securities, asset-backed securities, commercial mortgage-backed …
What does Angel Oak Income ETF do?
Angel Oak Income ETF (CARY) is a fixed-income ETF that seeks to provide investors with both stable income and potential price appreciation. The fund primarily invests in structured credit assets, including residential mortgage-backed securities (RMBS), asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), and collateralized loan obligations (CLOs).
What are the main risks for CARY?
Angel Oak Income ETF faces several risks inherent in the fixed-income and structured credit markets. Rising interest rates could negatively impact the value of the fund's holdings, as bond prices typically fall when rates increase. Economic downturns could lead to higher default rates and credit losses on the underlying assets.
How sensitive is CARY to interest rate changes?
As a fixed-income ETF, Angel Oak Income ETF is sensitive to changes in interest rates. When interest rates rise, the value of the fund's bond holdings typically declines, which can negatively impact the fund's net asset value (NAV).
What regulatory challenges does Angel Oak Income ETF face?
Angel Oak Income ETF, as a registered investment company, is subject to regulatory oversight by the Securities and Exchange Commission (SEC). The fund must comply with various regulations, including those related to fund governance, investment restrictions, disclosure requirements, and valuation procedures.
What are the key factors to evaluate for CARY?
Angel Oak Income ETF (CARY) holds an AI score of 44/100 (low). Angel Oak Income ETF presents a compelling investment case for investors seeking exposure to the structured credit market. Not financial advice.
How frequently does CARY data refresh on this page?
CARY's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven CARY's recent stock price performance?
Angel Oak Income ETF (CARY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Expertise in structured credit markets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CARY overvalued or undervalued right now?
Angel Oak Income ETF (CARY) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis is pending for CARY, limiting the depth of available insights.
- Information is based on available data and may not reflect all relevant factors.