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DUKH

GradeDNASDAQ

Ocean Park High Income ETF

Specialty Bonds · Ocean Park · Inception 2024-07-10 · SEC filings

$23.41−0.14 (−0.58%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Jul 11, 2024.
Intraday session: down, 15 prints from 23.54 to 23.41. Range 23.41 to 23.50. Use the arrow keys to read each point.$23.44$23.4810 AM12 PM2 PM4 PM
Expense ratio
4.01%
Fund size
$23M
1Y return
+0.5%
Yield · Last 12 months
5.48%
Volume · 30D
0M sh
NAV per share
$23.49
52W range
low $23.44high $24.75

The ETF.net DUKH Grade

D

19/ 100

Rank 19 of 25 in Multi-Sector Bond Income

Confidence Medium

Six-pillar profile for DUKH. Scores out of 100: Cost 0, Risk 35, Mission not scored, Tradability 38, Holdings 23, Durability 35. Strongest: Tradability (38). Weakest: Cost (0). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 19 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 0
    Category rank25/25 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 35
    Category rank16/20 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 38
    Category rank15/25 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 23
    Category rank24/25 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 35
    Category rank19/25 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on DUKH

ETF.net Research

DA high-yield sleeve with an eject button: Ocean Park rides higher-yielding ETFs while credit trends up, and its trailing stop rules can pull the fund into long Treasuries or cash when it doesn't.

Stated mandate

The Fund seeks total return while limiting downside exposure through tactical allocation among higher-yielding ETFs, long-term Treasury ETFs and cash equivalents.

Why people hold it

  1. 01The sell rule is the product: a rules-based trailing stop discipline sets exit levels on holdings, with the stated aim of limiting the size of drawdowns.oceanparketfs.com
  2. 02Three lanes, one ticker: higher-yielding ETFs when credit trends up, long-term Treasury ETFs and cash equivalents when it turns.oceanparketfs.com
  3. 03Old process, new wrapper. Ocean Park's founders have run rules-based buy and sell disciplines since 1987, now applied across the firm's active ETF lineup.oceanparketfs.comoceanparkam.com

Worth knowing

  1. 01At 1.07%, the fee runs above the tactical multi-asset midpoint, and cheaper trend-followers sit in the same cohort (ENDW at 0.22%, ONOF at 0.39%).
  2. 02When stops trigger, the fund can sit in Treasuries or cash, which pauses the high-yield income; payouts arrive irregularly rather than on a fixed schedule.
  3. 03Small asset base and light trading volume, so bid-ask spreads can run wider than in the category's household names.

DUKH Holdings

As of Sep 20, 2026, 10:11 AM
Asset class
Bonds
Holdings
Top-10 weight
100%
Largest holding
SPHY59.8%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SPHYSPDR Portfolio High Yield Bond ETF USD Class59.83%611,578$14M16
002BKLNInvesco Senior Loan ETF USD Class30.06%341,808$7M11
003EMBiShares J.P. Morgan USD Emerging Markets Bond ETF5.01%12,591$1M5
004EMLCVanEck J. P. Morgan EM Local Currency Bond ETF USD Class5.00%46,588$1M7
005BBH SWEEP VEHICLE0.16%38,511$39K51

Showing 1–5 of 5 holdings

DUKH Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DUKH$10,054
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DUKH $10,054. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DUKH. Periods over one year show the average yearly return.
PeriodDUKH
Year to date−0.0%
1 month−0.4%
3 months−0.5%
1 year+0.5%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DUKH
YearReturn barDUKH
2026 YTD−0.0%
2025+2.8%
2024+2.8%

History from Jul 11, 2024

DUKH in the news

ETF.net Research hasn’t filed on DUKH yet — coverage lands here as it’s written.

DUKH Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
5.48%Last 12 months
Payout per share
$1.29Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 24 payments from 2023 to 2026 YTD. Aug 5, 2024 $0.11; Sep 5, 2024 $0.12; Oct 7, 2024 $0.10; Nov 5, 2024 $0.12; Dec 5, 2024 $0.26; Feb 5, 2025 $0.14; Mar 5, 2025 $0.12; Apr 4, 2025 $0.11; May 5, 2025 $0.16; Jun 5, 2025 $0.12; Jul 7, 2025 $0.13; Aug 5, 2025 $0.12; Sep 5, 2025 $0.12; Oct 7, 2025 $0.11; Nov 5, 2025 $0.10; Dec 5, 2025 $0.24; Feb 5, 2026 $0.10; Mar 5, 2026 $0.09; Apr 6, 2026 $0.10; May 5, 2026 $0.12; Jun 4, 2026 $0.11; Jul 7, 2026 $0.10; Aug 5, 2026 $0.10; Sep 8, 2026 $0.11. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 14, 2026$0.11
Aug 5, 2026Aug 10, 2026$0.10
Jul 7, 2026Jul 13, 2026$0.10
Jun 4, 2026Jun 9, 2026$0.11
May 5, 2026May 11, 2026$0.12
Apr 6, 2026Apr 13, 2026$0.10
Mar 5, 2026Mar 10, 2026$0.09
Feb 5, 2026Feb 10, 2026$0.10
Dec 5, 2025Dec 10, 2025$0.24
Nov 5, 2025Nov 10, 2025$0.10
Oct 7, 2025Oct 14, 2025$0.11
Sep 5, 2025Sep 10, 2025$0.12

DUKH Risk

How much the fund’s monthly returns vary, scaled to a year.
4.1%
Annualised · 25 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.29
vs 3-month T-bills · 25 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−5.7%
26 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.23
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DUKH Cost

Expense ratio4.01%
  • The middle half of Multi-Sector Bond Income funds
  • Median 0.55%

Every other Multi-Sector Bond Income fund charges less.

DUKH costs $401.00 a year on $10,000. The median Multi-Sector Bond Income fund costs $55.00.