VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFGB.L)
GFGB.L is a passive ETF by VanEck tracking the investment results of the ICE BofA Gbl HY Constnd TR USD. GFGB.L 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 BofA Gbl HY Constnd TR USD |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Bond |
Expense Ratio
The VanEck Global Fallen Angel High Yield Bond UCITS ETF 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 2.62% year-to-date (YTD) and 6.60% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.62% | 6.33% |
| 1 month | 0.41% | -2.81% |
| 6 months | 7.66% | 21.13% |
| 1 year | 6.60% | 24.56% |
| 5 years (annualized) | 4.98% | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.25% | 0.94% | 1.35% | |||||||||
| 2023 | 2.31% | -0.86% | 0.78% | 3.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
VanEck Global Fallen Angel High Yield Bond UCITS ETF(GFGB.L)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFGB.L) 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 15.95%, occurring on Mar 20, 2020. Recovery took 42 trading sessions.
The current VanEck Global Fallen Angel High Yield Bond UCITS ETF drawdown is 0.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.95% | Sep 3, 2019 | 141 | Mar 20, 2020 | 42 | May 22, 2020 | 183 |
| -10.36% | Dec 10, 2021 | 126 | Jun 16, 2022 | 160 | Feb 2, 2023 | 286 |
| -7.71% | Feb 6, 2023 | 110 | Jul 14, 2023 | 112 | Dec 20, 2023 | 222 |
| -5.13% | Dec 14, 2020 | 66 | Mar 18, 2021 | 75 | Jul 7, 2021 | 141 |
| -3.32% | Aug 9, 2018 | 45 | Oct 11, 2018 | 65 | Jan 15, 2019 | 110 |
Volatility
Volatility Chart
The current VanEck Global Fallen Angel High Yield Bond UCITS ETF volatility is 1.47%, 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.