- Issuer
- Invesco
- Inception Date
- Jul 27, 2022
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg)
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FAGB.L Performance Chart
Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) (FAGB.L) is up 1.1% since the beginning of the year. FAGB.L is currently trading at £31 per share. Investors who bought £1,000 worth of FAGB.L shares 5 years ago would now be looking at an investment worth £1,077.
Loading charts...
Returns By Period
Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) (FAGB.L) has returned 1.09% so far this year and 5.68% over the past 12 months.
Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg)
- 1D
- -0.15%
- 1M
- -0.37%
- 6M
- 0.51%
- YTD
- 1.09%
- 1Y
- 5.68%
- 3Y*
- 6.70%
- 5Y*
- 1.50%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.66%
- 1M
- -0.64%
- 6M
- 8.66%
- YTD
- 10.17%
- 1Y
- 19.99%
- 3Y*
- 17.60%
- 5Y*
- 12.23%
- 10Y*
- 13.06%
FAGB.L Monthly Returns History
Based on dividend-adjusted daily data since Oct 17, 2017, FAGB.L's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, an investment would double in approximately 23.1 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +11.2%, while the worst month was Mar 2020 at -19.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FAGB.L closed higher 53% of trading days. The best single day was Apr 9, 2020 with a return of +6.4%, while the worst single day was Mar 12, 2020 at -8.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.53% | 0.26% | -3.66% | 2.83% | 0.68% | 0.80% | -0.24% | 1.09% | |||||
| 2025 | 1.12% | 0.75% | 0.00% | -1.01% | 1.20% | 2.57% | 0.36% | 1.58% | 1.28% | 0.28% | 0.86% | -0.02% | 9.31% |
| 2024 | 0.30% | -0.21% | 1.28% | -1.84% | 0.34% | 0.43% | 2.08% | 1.01% | 1.80% | -0.91% | 1.01% | -0.82% | 4.50% |
| 2023 | 2.93% | -1.69% | 0.33% | 0.26% | -1.70% | 2.42% | 1.10% | -0.73% | -1.51% | -1.09% | 4.68% | 3.95% | 9.02% |
| 2022 | -3.52% | -1.84% | -0.35% | -4.44% | 0.58% | -6.71% | 4.29% | -2.38% | -3.83% | 0.62% | 1.96% | -0.15% | -15.12% |
| 2021 | -0.18% | 0.24% | 0.13% | 1.11% | 0.56% | 1.56% | 0.71% | 0.95% | -0.03% | 0.03% | -1.72% | 1.75% | 5.18% |
Benchmark Metrics
Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) has an annualized alpha of 0.19%, beta of 0.19, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since October 17, 2017.
- This ETF participated in 59.66% of S&P 500 Index downside but only 34.81% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.19 may look defensive, but with R2 of 0.16 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.16 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.19%
- Beta
- 0.19
- R²
- 0.16
- Upside Capture
- 34.81%
- Downside Capture
- 59.66%
Return for Risk
Risk / Return Rank
FAGB.L ranks 38 for risk / return — below 38% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) (FAGB.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAGB.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.31 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 2.50 | -1.33 |
| Martin ratioReturn relative to average drawdown | 4.35 | 9.11 | -4.76 |
Dividends
Dividend History
Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) provided a 0.00% dividend yield over the last twelve months, with an annual payout of £0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.01 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |||||
| 2025 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2024 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2023 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2022 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2021 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg). 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 Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) was 30.30%, occurring on Mar 23, 2020. Recovery took 165 trading sessions.
The current Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) drawdown is 0.62%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-30.30%Mar 2020 | 2mo 1d | 7mo 28d | 9mo 29dJan 2020 - Nov 2020 | COVID crash2020 |
-18.92%Sep 2022 | 10mo 23d | 2y 8mo | 3y 7moNov 2021 - Jun 2025 | Bear market2022 |
-9.72%Jan 2019 | 11mo 8d | 11mo 20d | 1y 10moJan 2018 - Dec 2019 | — |
-4.75%Mar 2026 | 1mo 2d | 3mo 6d | 4mo 8dFeb 2026 - Jul 2026 | — |
-2.40%Mar 2021 | 1mo 1d | 1mo 8d | 2mo 9dFeb 2021 - Apr 2021 | — |
Drawdown Indicators
| FAGB.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.30% | -37.07% | +6.77% |
Max Drawdown (1Y)Largest decline over 1 year | -4.75% | -8.03% | +3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -5.31% | -22.15% | +16.84% |
Max Drawdown (5Y)Largest decline over 5 years | -18.92% | -22.15% | +3.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.01% | — |
Current DrawdownCurrent decline from peak | -0.62% | -1.42% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -5.29% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 2.20% | -0.91% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FAGB.L
Add Invesco US High Yield Fallen Angels UCITS ETF (GBP Hdg) to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FAGB.L