The takeaway
Angel Oak Income ETF shows a slight seasonal lean over 4 years of data — strongest in June (+1.1%) and softest in February (0.0%).
Right now
In July, the fund has risen 100% of years, averaging +0.9%, roughly 1.3 pts behind the S&P 500.
The full picture
Angel Oak Income ETF's most dependable month has been June, higher in 3 of 3 years; February has been its least reliable, up just 33% of the time.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Win rate % | ||||||||||||
| Median return % | ||||||||||||
| 2025 | ||||||||||||
| 2024 | ||||||||||||
| 2023 | ||||||||||||
| 2022 | — | — | — | — | — | — | — | — | — | — |
Month by month
The fund's clearest edge over the S&P 500 lands in January (+1.2 pts); it has trailed the market most in April (−1.6 pts).
“vs S&P” is Angel Oak Income ETF’s average for a month minus the S&P 500’s average for that same month — isolating Angel Oak Income ETF’s own seasonal edge from broad market drift.
Reality check
Over the last 3 years, June has closed higher 100% of the time versus 100% across the last 4 years — the pattern is holding.
Figures are the typical (median) June return and how often it rose — the last 3 years versus the last 4(the heatmap’s default window). This verdict stays anchored to that 4-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Dependability is the through-line here. June stands out, higher in all 3 Junes, but it heads a clutch of months that pull the year reliably upward.
Its average (+1.1%) and median (+1.5%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. Crucially, the gain is the fund's own rather than a rising tide's: June has cleared the S&P 500 by +0.9 points above the index. That consistency sets it apart from the field, where the average stock manages June only about 52% of the time.
The lift is near-universal — strength runs through almost every month of the year, not one window. At the other end of the calendar, February is the year's quietest corner, essentially flat on average, and the edge isn't year-round — the fund has trailed the S&P 500 in April, November, and July.
The takeaway is less about when to buy than what to expect: June aside, the fund's months offer little reliable tilt. With a short 4-year record, the signal is best held loosely.
Short answers on the fund's best month (June), its worst (February), and whether it really trades seasonally.
Only mildly. The fund's months are fairly even — June is the firmest (+1.1%) and February the softest (0.0%), a narrow spread that points to weak seasonality rather than a strong calendar effect.
June has been the strongest, averaging +1.1% and closing higher in all 3 years on record since 2022.
It's the weakest month, but it has still averaged a small gain (0.0%) — quiet rather than genuinely bad.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade