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ANGL vs. ^VIX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ANGL and ^VIX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

ANGL vs. ^VIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) and CBOE Volatility Index (^VIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ANGL:

0.80

^VIX:

0.40

Sortino Ratio

ANGL:

1.12

^VIX:

2.14

Omega Ratio

ANGL:

1.17

^VIX:

1.26

Calmar Ratio

ANGL:

0.94

^VIX:

0.91

Martin Ratio

ANGL:

4.50

^VIX:

1.66

Ulcer Index

ANGL:

1.14%

^VIX:

47.23%

Daily Std Dev

ANGL:

6.54%

^VIX:

171.32%

Max Drawdown

ANGL:

-35.07%

^VIX:

-88.70%

Current Drawdown

ANGL:

-1.59%

^VIX:

-73.52%

Returns By Period

In the year-to-date period, ANGL achieves a 0.65% return, which is significantly lower than ^VIX's 26.22% return. Over the past 10 years, ANGL has outperformed ^VIX with an annualized return of 5.77%, while ^VIX has yielded a comparatively lower 4.59% annualized return.


ANGL

YTD

0.65%

1M

3.09%

6M

0.00%

1Y

5.48%

5Y*

6.39%

10Y*

5.77%

^VIX

YTD

26.22%

1M

-46.22%

6M

46.59%

1Y

74.50%

5Y*

-4.35%

10Y*

4.59%

*Annualized

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Risk-Adjusted Performance

ANGL vs. ^VIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANGL
The Risk-Adjusted Performance Rank of ANGL is 7878
Overall Rank
The Sharpe Ratio Rank of ANGL is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of ANGL is 7373
Sortino Ratio Rank
The Omega Ratio Rank of ANGL is 7777
Omega Ratio Rank
The Calmar Ratio Rank of ANGL is 8282
Calmar Ratio Rank
The Martin Ratio Rank of ANGL is 8484
Martin Ratio Rank

^VIX
The Risk-Adjusted Performance Rank of ^VIX is 8080
Overall Rank
The Sharpe Ratio Rank of ^VIX is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of ^VIX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of ^VIX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of ^VIX is 8989
Calmar Ratio Rank
The Martin Ratio Rank of ^VIX is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ANGL vs. ^VIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) and CBOE Volatility Index (^VIX). 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.


The current ANGL Sharpe Ratio is 0.80, which is higher than the ^VIX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of ANGL and ^VIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

ANGL vs. ^VIX - Drawdown Comparison

The maximum ANGL drawdown since its inception was -35.07%, smaller than the maximum ^VIX drawdown of -88.70%. Use the drawdown chart below to compare losses from any high point for ANGL and ^VIX. For additional features, visit the drawdowns tool.


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Volatility

ANGL vs. ^VIX - Volatility Comparison

The current volatility for VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) is 2.62%, while CBOE Volatility Index (^VIX) has a volatility of 32.84%. This indicates that ANGL experiences smaller price fluctuations and is considered to be less risky than ^VIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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