iShares Fallen Angels USD Bond ETF (FALN)
FALN is a passive ETF by iShares tracking the investment results of the Bloomberg US High Yield Fallen Angel 3% Capped Index. FALN launched on Jun 14, 2016 and has a 0.25% expense ratio.
ETF Info
US46435G4745
00046435G474
Jun 14, 2016
Developed Markets (Broad)
1x
Bloomberg US High Yield Fallen Angel 3% Capped Index
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Fallen Angels USD Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Fallen Angels USD Bond ETF had a return of 7.89% year-to-date (YTD) and 12.61% in the last 12 months.
FALN
7.89%
0.42%
5.83%
12.61%
5.64%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of FALN, 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 | 1.21% | -0.22% | 1.72% | -1.91% | 1.47% | -0.38% | 2.83% | 1.76% | 1.32% | -1.14% | 7.89% | ||
| 2023 | 3.82% | -1.76% | 1.57% | 0.03% | -0.58% | 2.31% | 0.88% | 0.41% | -2.07% | -0.68% | 5.89% | 3.19% | 13.47% |
| 2022 | -4.04% | -1.85% | -1.01% | -4.90% | 0.98% | -6.60% | 4.88% | -1.91% | -4.46% | 1.36% | 4.11% | -0.59% | -13.79% |
| 2021 | -0.19% | -0.03% | 0.31% | 1.09% | 0.37% | 1.84% | 0.82% | 0.73% | -0.28% | 0.34% | -1.83% | 2.16% | 5.40% |
| 2020 | 0.81% | -1.61% | -15.83% | 11.75% | 4.34% | 1.76% | 6.94% | 0.33% | -1.53% | 1.29% | 5.25% | 2.94% | 14.85% |
| 2019 | 5.83% | 1.60% | 1.35% | 1.50% | -1.75% | 2.76% | 1.12% | 0.55% | 0.34% | 0.05% | 0.32% | 2.68% | 17.42% |
| 2018 | 1.71% | -3.42% | 0.75% | -0.21% | 0.32% | -0.06% | 1.16% | 0.77% | 0.42% | -1.98% | -2.00% | -2.39% | -4.97% |
| 2017 | 1.91% | 1.05% | 0.43% | 1.18% | 0.32% | -0.28% | 1.71% | 0.37% | 1.12% | 0.46% | -0.27% | 0.41% | 8.70% |
| 2016 | 2.43% | 1.96% | 2.87% | 0.97% | 0.34% | -0.49% | 1.94% | 10.40% |
Expense Ratio
FALN has an expense ratio of 0.25%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FALN is 82, placing it in the top 18% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Fallen Angels USD Bond ETF (FALN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Fallen Angels USD Bond ETF provided a 6.09% dividend yield over the last twelve months, with an annual payout of $1.65 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.65 | $1.42 | $1.25 | $1.02 | $1.51 | $1.45 | $1.46 | $1.90 | $0.95 |
Dividend yield | 6.09% | 5.38% | 5.08% | 3.39% | 5.14% | 5.35% | 5.97% | 6.99% | 3.54% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Fallen Angels USD Bond ETF. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.12 | $0.13 | $0.17 | $0.13 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $1.39 | |
| 2023 | $0.00 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.15 | $0.12 | $0.12 | $0.11 | $0.25 | $1.42 |
| 2022 | $0.00 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.10 | $0.10 | $0.14 | $0.22 | $1.25 |
| 2021 | $0.00 | $0.11 | $0.10 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.17 | $1.02 |
| 2020 | $0.00 | $0.12 | $0.12 | $0.13 | $0.13 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.24 | $1.51 |
| 2019 | $0.00 | $0.13 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.13 | $0.12 | $0.12 | $0.13 | $0.22 | $1.45 |
| 2018 | $0.00 | $0.12 | $0.11 | $0.11 | $0.12 | $0.13 | $0.12 | $0.12 | $0.12 | $0.13 | $0.13 | $0.25 | $1.46 |
| 2017 | $0.00 | $0.14 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.13 | $0.14 | $0.14 | $0.13 | $0.55 | $1.90 |
| 2016 | $0.19 | $0.17 | $0.16 | $0.14 | $0.29 | $0.95 |
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 iShares Fallen Angels USD Bond ETF. 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 iShares Fallen Angels USD Bond ETF was 29.22%, occurring on Mar 20, 2020. Recovery took 82 trading sessions.
The current iShares Fallen Angels USD Bond ETF drawdown is 0.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.22% | Feb 18, 2020 | 24 | Mar 20, 2020 | 82 | Jul 17, 2020 | 106 |
| -18.78% | Nov 10, 2021 | 238 | Oct 20, 2022 | 407 | Jun 5, 2024 | 645 |
| -8.17% | Jan 25, 2018 | 231 | Dec 24, 2018 | 45 | Mar 1, 2019 | 276 |
| -4.1% | Oct 21, 2016 | 15 | Nov 11, 2016 | 13 | Dec 7, 2016 | 28 |
| -3.23% | Sep 3, 2020 | 16 | Sep 25, 2020 | 11 | Oct 12, 2020 | 27 |
Volatility
Volatility Chart
The current iShares Fallen Angels USD Bond ETF volatility is 1.27%, 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.