DUKH vs VGMS: Grades, Fees and Holdings Compared

Ocean Park High Income ETF

DUKHDNasdaq

Vanguard Multi-Sector Income Bond ETF

VGMSACboe

Overlap

No data

Expense ratio

VGMS −0.76pt a year

DUKH1.06%VGMS0.30%

Avg volume · 30D

VGMS 10.1×the volume

DUKH8.18KVGMS82.8K

DUKH vs VGMS Performance

Nov 6, 2025 – Nov 6, 2026

+0.3%DUKH+2.2%VGMS

Expense ratio: DUKH 1.06%; VGMS 0.30%, better
Fund size: DUKH $22M; VGMS $298M
1Y total return: DUKH +0.3%; VGMS +2.2%, better
Yield (12M): DUKH 5.19%; VGMS 5.55%, better
Holdings: DUKH 6; VGMS 1200
Avg volume (30D): DUKH 8.18K sh; VGMS 82.8K sh, better
NAV per share: DUKH $23.22; VGMS $49.71
52W range

ETF.net Grade

Pillar letters and Scores for DUKH, VGMS, with each pillar’s weight
Pillar	DUKH	VGMS
Cost30% weight	F8	A100Higher
Mission25% weight	Not scored	A95
Risk15% weight	D36	B69Higher
Tradability15% weight	C49	B61Higher
Holdings10% weight	D29	A92Higher
Durability5% weight	D35	A71Higher

Rank among Multi-Sector Bond Income funds

How we build Categories ›

Same Category. DUKH and VGMS are both graded against the same 23 Multi-Sector Bond Income funds, so their Grades compare head to head.

Multi-Sector Bond Income⁠

Category · 23 funds

See all 23 ›

VGMS ranks 1st and DUKH 23rd of 23 funds in the Multi-Sector Bond Income Category.

Rank 1AVGMSVanguard Multi-Sector Income Bond ETFScore 86
Rank 2AAINPAllspring Income Plus ETFScore 72
Rank 22DFOPCFrontier Asset Opportunistic Credit ETFScore 28
Rank 23DDUKHOcean Park High Income ETFScore 26

Our read on each fund

ETF.net Research

DUKHDOcean Park High Income ETF

VGMSAVanguard Multi-Sector Income Bond ETF

In short

DUKH A 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.

VGMS No data

Stated mandate

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

VGMS No data

Why people hold it

DUKH The 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
Three lanes, one ticker: higher-yielding ETFs when credit trends up, long-term Treasury ETFs and cash equivalents when it turns.oceanparketfs.com
Old 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.com oceanparkam.com

VGMS No data

Worth knowing

DUKH At 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%).
When 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.
Small asset base and light trading volume, so bid-ask spreads can run wider than in the category's household names.

VGMS No data

Full DUKH profile⁠

Full VGMS profile⁠

DUKH vs VGMS Holdings

How DUKH and VGMS differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Sector11 Sectors19.9%
Countryby domicile74.8%
Asset classBonds100%

Sector

Sector weights in DUKH and VGMS, widest gap first
Sector	Gap	DUKH	VGMS
Corporate	VGMS +70.3 points	4.5%	74.8%
Utilities	DUKH +34.6 points	34.6%	0.0%
Financials	DUKH +29.2 points	29.2%	0.0%
Government	DUKH +10.0 points	25.4%	15.4%
Securitized	VGMS +9.8 points	0.0%	9.8%
Real Estate	DUKH +2.9 points	2.9%	0.0%
Communication	DUKH +2.3 points	2.3%	0.0%
Consumer Discretionary	DUKH +0.8 points	0.8%	0.0%
Industrials	DUKH +0.2 points	0.2%	0.0%
Energy	DUKH +0.1 points	0.1%	0.0%
Materials	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in DUKH and VGMS, widest gap first
Country	Gap	DUKH	VGMS
United States	DUKH +25.2 points	100.0%	74.8%
Turkey	VGMS +10.3 points	0.0%	10.3%
United Kingdom	VGMS +2.6 points	0.0%	2.6%
Mexico	VGMS +1.5 points	0.0%	1.5%
Japan	VGMS +1.5 points	0.0%	1.5%
Canada	VGMS +1.2 points	0.0%	1.2%
Germany	VGMS +0.9 points	0.0%	0.9%
Argentina	VGMS +0.9 points	0.0%	0.9%
Other countries (19)	VGMS +6.2 points	0.0%	6.2%

Outside the US: VGMS 40% developed, 60% emerging.

Concentration

Weight in the 10 largest Holdings

DUKH100.5%
VGMS15.7%

Securities held

DUKH6
VGMS1,187

Asset class

DUKH: Bonds
VGMS: Bonds

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. DUKH holds 6 securities, VGMS 1,187.

All DUKH holdings⁠All 1,198 VGMS holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DUKH vs VGMS Cost

Overpaying DUKH vs VGMS

$13,506

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DUKH 1.06%
$19,655
VGMS 0.30%
$6,149

Amount$10,000

Years30 years

Cost over time

DUKH 1.06%
VGMS 0.30%
Overpaying

Year by year

Year	DUKH	VGMS	Overpaying
10	$1,864	$545	$1,319
20	$6,987	$2,113	$4,874
30	$19,655	$6,149	$13,506

Expense ratio

1.06%DUKH
0.30%VGMS, cheaper

VGMS0.30%DUKH1.06%

0.30%1.13%

Middle half of Multi-Sector Bond Income funds
Median 0.60%

VGMS cheapest of 23 funds

DUKH 21st cheapest of 23 funds

DUKH vs VGMS Dividends

Last 12 months to Nov 6, 2026

Yield (12M): DUKH 5.19%; VGMS 5.55%, better
Payout (12M): DUKH $1.21; VGMS $2.77
Last payment: DUKH $0.10; VGMS $0.20
Ex-dividend: DUKH Nov 5, 2026; VGMS Nov 2, 2026
Paid on: DUKH Pays Nov 10, 2026; VGMS Nov 4, 2026
Frequency: DUKH Monthly; VGMS Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

DUKHMonthly · 26 paymentsAll DUKH payments⁠

VGMSMonthly · 17 paymentsAll VGMS payments⁠

DUKH vs VGMS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DUKH 4.3%since Aug 2024VGMS 3.4%since Jul 2025
Return per unit of riskSharpe ratio, 3 years: DUKH −0.53since Aug 2024VGMS −0.10since Jul 2025
Worst fallMax drawdown, 5 years: DUKH −5.7%since Jul 2024VGMS −2.7%since Jun 2025
Market sensitivityBeta, 5 years: DUKH 0.23VGMS 0.15; Market = 1

DUKH and VGMS in the news

All news⁠

Filings Digest
Opportunistic Trader ETF will stop trading at the close on Nov. 17
34 minutes agoDUKH
First-Year Review
Hartford Dynamic Bond ETF's first year: coupons covered a 3.9% slide
Sep 23, 2026VGMS

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DUKH vs VGMS

In short

Stated mandate

Why people hold it

Worth knowing

How DUKH and VGMS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Opportunistic Trader ETF will stop trading at the close on Nov. 17

Hartford Dynamic Bond ETF's first year: coupons covered a 3.9% slide

How DUKH and VGMS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings