VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE)
GFEA.DE is a passive ETF by VanEck tracking the investment results of the ICE Global Fallen Angel High Yield 10% Constrained. GFEA.DE launched on Mar 19, 2018 and has a 0.40% expense ratio.
ETF Info
| ISIN | IE00BF540Z61 |
|---|---|
| WKN | A2JEMG |
| Issuer | VanEck |
| Inception Date | Mar 19, 2018 |
| Category | High Yield Bonds |
| Index Tracked | ICE Global Fallen Angel High Yield 10% Constrained |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Bond |
Expense Ratio
GFEA.DE has a high expense ratio of 0.40%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of €10,000 in VanEck Global Fallen Angel High Yield Bond UCITS 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
VanEck Global Fallen Angel High Yield Bond UCITS ETF had a return of 3.57% year-to-date (YTD) and 11.24% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.57% | 7.50% |
| 1 month | -0.03% | -1.61% |
| 6 months | 7.00% | 17.65% |
| 1 year | 11.24% | 26.26% |
| 5 years (annualized) | 5.94% | 11.73% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.38% | -0.01% | 2.25% | -0.96% | ||||||||
| 2023 | -1.29% | 1.52% | 3.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GFEA.DE is 77, placing it in the top 23% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
VanEck Global Fallen Angel High Yield Bond UCITS ETF(GFEA.DE)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Global Fallen Angel High Yield Bond UCITS 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 VanEck Global Fallen Angel High Yield Bond UCITS ETF was 22.87%, occurring on Mar 19, 2020. Recovery took 125 trading sessions.
The current VanEck Global Fallen Angel High Yield Bond UCITS ETF drawdown is 1.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.87% | Feb 24, 2020 | 17 | Mar 19, 2020 | 125 | Nov 17, 2020 | 142 |
| -10.97% | Dec 29, 2021 | 118 | Jun 16, 2022 | 406 | Jan 16, 2024 | 524 |
| -3.02% | Nov 15, 2018 | 7 | Dec 28, 2018 | 4 | Jan 18, 2019 | 11 |
| -2.25% | Apr 7, 2021 | 25 | May 20, 2021 | 11 | Jun 17, 2021 | 36 |
| -2.19% | Nov 23, 2021 | 4 | Nov 26, 2021 | 21 | Dec 28, 2021 | 25 |
Volatility
Volatility Chart
The current VanEck Global Fallen Angel High Yield Bond UCITS ETF volatility is 2.34%, 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.