---
ticker: "CARY"
name: "Angel Oak Income ETF"
url: "https://etf.net/etf/CARY"
grade: "C"
score: 51
graded_at: "2026-10-12"
category: "Core Securitized Bond"
category_rank: "7 of 10"
methodology: "https://etf.net/methodology"
---

# CARY: Angel Oak Income ETF

Grade **C**, Score 51 of 100. Rank 7 of 10 in Core Securitized Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 5 | 10 of 10 |
| Mission | 65 | 8 of 10 |
| Risk | 85 | 1 of 10 |
| Tradability | 69 | 2 of 10 |
| Holdings | 75 | 3 of 10 |
| Durability | 58 | 6 of 10 |

## Top holdings

The fund holds 795 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | US 5YR NOTE (CBT) Dec26 | 6.48% |
| 2 | — | Fannie Mae or Freddie Mac 6% 11/15/2041 | 4.31% |
| 3 | — | First American Government Obligations Fund 02/01/2030 | 1.76% |
| 4 | — | Fannie Mae or Freddie Mac 6.5% 11/15/2041 | 1.60% |
| 5 | — | US 10YR NOTE (CBT)Dec26 | 1.59% |
| 6 | — | Fannie Mae Pool 5.5% 07/01/2056 | 1.41% |
| 7 | — | Freddie Mac Multifamily Structured Pass Through Certificates 4.2052% 11/25/2035 | 0.96% |
| 8 | — | Freddie Mac Pool 5% 02/01/2056 | 0.90% |
| 9 | — | Freddie Mac Multifamily Structured Pass Through Certificates 4.373% 09/25/2035 | 0.77% |
| 10 | — | Freddie Mac Multifamily Structured Pass Through Certificates 4.3668% 08/25/2036 | 0.76% |
| 11 | — | Freddie Mac Multifamily Structured Pass Through Certificates 4.2052% 04/25/2036 | 0.64% |
| 12 | — | Freddie Mac Multifamily Structured Pass Through Certificates 4.2052% 03/25/2036 | 0.64% |
| 13 | — | Unlock Hea Trust 2023-1 7% 10/25/2038 | 0.63% |
| 14 | — | PRET 2025-RPL2 Trust 4% 08/25/2064 | 0.56% |
| 15 | — | Fannie Mae Pool 2% 11/01/2053 | 0.56% |
| 16 | — | Fannie Mae Pool 3.5% 12/01/2053 | 0.52% |
| 17 | — | Freddie Mac Pool 5% 01/01/2055 | 0.51% |
| 18 | — | Freddie Mac Multifamily Structured Pass Through Certificates 4.07% 12/25/2030 | 0.46% |
| 19 | — | Vista Point Securitization Trust Series 2024-CES2 9.376% 10/25/2054 | 0.45% |
| 20 | — | Deephaven Residential Mortgage Trust 2026-CES2 8.464% 08/25/2061 | 0.42% |
| 21 | — | Fannie Mae Pool 3% 09/01/2049 | 0.42% |
| 22 | — | Fannie Mae Pool 3.5% 09/01/2052 | 0.42% |
| 23 | — | Freddie Mac Multifamily Structured Pass Through Certificates 3.8552% 06/25/2031 | 0.42% |
| 24 | — | Exeter Automobile Receivables Trust 2024-1 7.89% 08/15/2031 | 0.42% |
| 25 | — | GS Mortgage-Backed Securities Trust 2024-RPL2 4.1119% 07/25/2061 | 0.41% |
| 26 | — | Saluda Grade Alternative Mortgage Trust 2026-NPL1 7.044% 04/25/2031 | 0.40% |
| 27 | — | Fannie Mae Pool 5% 06/01/2056 | 0.40% |
| 28 | — | CPS Auto Receivables Trust 2024-C 8.04% 03/15/2032 | 0.39% |
| 29 | — | Bridgecrest Lending Auto Securitization Trust 2023-1 10.37% 07/15/2030 | 0.37% |
| 30 | — | Freddie Mac Pool 6% 03/01/2055 | 0.36% |

Source: etf.net, https://etf.net/etf/CARY. Please cite the page URL.