Corporate Bond Funds
List of high yield corporate bond etf or Mutuals
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | High Yield Bonds | 50% |
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | High Yield Bonds | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Corporate Bond Funds, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Apr 11, 2012, corresponding to the inception date of ANGL
Returns By Period
As of Dec 19, 2024, the Corporate Bond Funds returned 5.88% Year-To-Date and 5.46% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.34% | 0.23% | 8.53% | 24.95% | 13.01% | 11.06% |
| Corporate Bond Funds | 5.83% | -0.23% | 3.98% | 6.03% | 3.88% | 5.47% |
| Portfolio components: | ||||||
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 5.79% | -0.23% | 4.09% | 6.51% | 3.32% | 4.50% |
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | 5.86% | -0.23% | 3.87% | 5.53% | 4.41% | 6.40% |
Monthly Returns
The table below presents the monthly returns of Corporate Bond Funds, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.37% | -0.27% | 1.21% | -1.52% | 1.39% | 0.40% | 2.14% | 1.44% | 1.33% | -1.06% | 1.48% | 5.83% | |
| 2023 | 3.63% | -1.82% | 2.08% | 0.08% | -0.94% | 1.65% | 0.98% | 0.02% | -1.69% | -0.68% | 5.22% | 3.21% | 12.09% |
| 2022 | -3.41% | -1.39% | -1.02% | -4.39% | 1.43% | -6.57% | 5.84% | -2.80% | -4.08% | 2.14% | 3.30% | -0.68% | -11.67% |
| 2021 | -0.03% | 0.19% | -0.13% | 1.22% | 0.26% | 1.77% | 0.72% | 0.70% | -0.27% | 0.02% | -1.26% | 2.01% | 5.28% |
| 2020 | 0.04% | -0.83% | -11.91% | 5.95% | 3.91% | 1.29% | 5.90% | 0.22% | -1.43% | 0.66% | 4.38% | 2.01% | 9.26% |
| 2019 | 5.36% | 1.68% | 0.95% | 1.58% | -1.57% | 3.26% | 0.54% | 0.66% | 0.42% | 0.44% | 0.80% | 1.81% | 16.95% |
| 2018 | 0.37% | -1.44% | -0.74% | 0.53% | -0.38% | 0.04% | 1.39% | 0.77% | 0.54% | -2.08% | -1.40% | -1.99% | -4.39% |
| 2017 | 1.45% | 1.32% | 0.08% | 1.09% | 0.76% | 0.18% | 1.29% | 0.41% | 1.08% | 0.11% | -0.17% | 0.50% | 8.39% |
| 2016 | -1.36% | 1.40% | 4.47% | 4.49% | -0.16% | 2.25% | 1.83% | 2.07% | 0.89% | 0.05% | -0.36% | 1.50% | 18.31% |
| 2015 | 1.53% | 2.46% | -0.06% | 1.42% | 0.19% | -1.39% | 0.05% | -1.71% | -2.04% | 2.45% | -1.80% | -2.57% | -1.62% |
| 2014 | 0.26% | 2.46% | -0.08% | 1.00% | 1.63% | 0.52% | -0.89% | 1.81% | -1.77% | 0.96% | -0.42% | -1.75% | 3.68% |
| 2013 | 0.61% | 0.53% | 1.35% | 1.62% | -0.46% | -3.34% | 2.34% | -1.33% | 0.92% | 2.41% | 0.40% | 0.83% | 5.91% |
Expense Ratio
Corporate Bond Funds features an expense ratio of 0.29%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Corporate Bond Funds is 53, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 2.06 | 3.18 | 1.47 | 3.61 | 11.38 |
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | 1.16 | 1.65 | 1.21 | 1.11 | 7.21 |
Dividends
Dividend yield
Corporate Bond Funds provided a 6.16% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 6.16% | 5.48% | 4.91% | 4.03% | 4.64% | 5.22% | 5.96% | 5.28% | 5.59% | 5.85% | 6.20% | 5.95% |
| Portfolio components: | ||||||||||||
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 6.10% | 5.68% | 5.11% | 4.15% | 4.62% | 5.25% | 5.93% | 5.30% | 5.39% | 5.88% | 5.59% | 5.79% |
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | 6.21% | 5.27% | 4.72% | 3.90% | 4.67% | 5.20% | 6.00% | 5.25% | 5.79% | 5.82% | 6.80% | 6.10% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Corporate Bond Funds. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Corporate Bond Funds was 23.53%, occurring on Mar 19, 2020. Recovery took 91 trading sessions.
The current Corporate Bond Funds drawdown is 1.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.53% | Feb 18, 2020 | 23 | Mar 19, 2020 | 91 | Jul 29, 2020 | 114 |
| -21.61% | Aug 5, 2013 | 14 | Aug 22, 2013 | 848 | Jan 4, 2017 | 862 |
| -16.19% | Nov 10, 2021 | 221 | Sep 27, 2022 | 377 | Mar 28, 2024 | 598 |
| -6.84% | Oct 3, 2018 | 57 | Dec 24, 2018 | 28 | Feb 5, 2019 | 85 |
| -6.8% | Apr 22, 2013 | 45 | Jun 24, 2013 | 28 | Aug 2, 2013 | 73 |
Volatility
Volatility Chart
The current Corporate Bond Funds volatility is 1.26%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| ANGL | VWEHX | |
|---|---|---|
| ANGL | 1.00 | 0.48 |
| VWEHX | 0.48 | 1.00 |