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ANGL vs. HYG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ANGL and HYG 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.


-0.50.00.51.0
Correlation: 0.5

Performance

ANGL vs. HYG - 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 iShares iBoxx $ High Yield Corporate Bond ETF (HYG). The values are adjusted to include any dividend payments, if applicable.

70.00%80.00%90.00%100.00%110.00%120.00%130.00%140.00%NovemberDecember2025FebruaryMarchApril
131.16%
78.32%
ANGL
HYG

Key characteristics

Sharpe Ratio

ANGL:

0.98

HYG:

1.61

Sortino Ratio

ANGL:

1.39

HYG:

2.38

Omega Ratio

ANGL:

1.21

HYG:

1.34

Calmar Ratio

ANGL:

1.18

HYG:

2.03

Martin Ratio

ANGL:

5.92

HYG:

10.84

Ulcer Index

ANGL:

1.09%

HYG:

0.85%

Daily Std Dev

ANGL:

6.60%

HYG:

5.75%

Max Drawdown

ANGL:

-35.07%

HYG:

-34.24%

Current Drawdown

ANGL:

-2.01%

HYG:

-0.84%

Returns By Period

In the year-to-date period, ANGL achieves a 0.22% return, which is significantly lower than HYG's 1.48% return. Over the past 10 years, ANGL has outperformed HYG with an annualized return of 5.68%, while HYG has yielded a comparatively lower 3.86% annualized return.


ANGL

YTD

0.22%

1M

-1.88%

6M

0.60%

1Y

6.45%

5Y*

6.54%

10Y*

5.68%

HYG

YTD

1.48%

1M

-0.41%

6M

2.06%

1Y

9.06%

5Y*

5.51%

10Y*

3.86%

*Annualized

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ANGL vs. HYG - Expense Ratio Comparison

ANGL has a 0.35% expense ratio, which is lower than HYG's 0.49% expense ratio.


Expense ratio chart for HYG: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYG: 0.49%
Expense ratio chart for ANGL: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ANGL: 0.35%

Risk-Adjusted Performance

ANGL vs. HYG — 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 8383
Overall Rank
The Sharpe Ratio Rank of ANGL is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of ANGL is 7979
Sortino Ratio Rank
The Omega Ratio Rank of ANGL is 8383
Omega Ratio Rank
The Calmar Ratio Rank of ANGL is 8686
Calmar Ratio Rank
The Martin Ratio Rank of ANGL is 8787
Martin Ratio Rank

HYG
The Risk-Adjusted Performance Rank of HYG is 9393
Overall Rank
The Sharpe Ratio Rank of HYG is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of HYG is 9292
Sortino Ratio Rank
The Omega Ratio Rank of HYG is 9292
Omega Ratio Rank
The Calmar Ratio Rank of HYG is 9494
Calmar Ratio Rank
The Martin Ratio Rank of HYG is 9494
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. HYG - 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 iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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 chart of Sharpe ratio for ANGL, currently valued at 0.98, compared to the broader market-1.000.001.002.003.004.00
ANGL: 0.98
HYG: 1.61
The chart of Sortino ratio for ANGL, currently valued at 1.39, compared to the broader market-2.000.002.004.006.008.00
ANGL: 1.39
HYG: 2.38
The chart of Omega ratio for ANGL, currently valued at 1.21, compared to the broader market0.501.001.502.00
ANGL: 1.21
HYG: 1.34
The chart of Calmar ratio for ANGL, currently valued at 1.18, compared to the broader market0.002.004.006.008.0010.0012.00
ANGL: 1.18
HYG: 2.03
The chart of Martin ratio for ANGL, currently valued at 5.92, compared to the broader market0.0020.0040.0060.00
ANGL: 5.92
HYG: 10.84

The current ANGL Sharpe Ratio is 0.98, which is lower than the HYG Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of ANGL and HYG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
0.98
1.61
ANGL
HYG

Dividends

ANGL vs. HYG - Dividend Comparison

ANGL's dividend yield for the trailing twelve months is around 6.43%, more than HYG's 5.88% yield.


TTM20242023202220212020201920182017201620152014
ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
6.43%6.29%5.27%4.72%3.90%4.67%5.19%5.99%5.25%5.79%5.81%6.80%
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
5.88%6.01%5.74%5.30%4.02%4.88%4.99%5.54%5.12%5.27%5.90%5.69%

Drawdowns

ANGL vs. HYG - Drawdown Comparison

The maximum ANGL drawdown since its inception was -35.07%, roughly equal to the maximum HYG drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for ANGL and HYG. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.01%
-0.84%
ANGL
HYG

Volatility

ANGL vs. HYG - Volatility Comparison

VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a higher volatility of 5.02% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 4.21%. This indicates that ANGL's price experiences larger fluctuations and is considered to be riskier than HYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2025FebruaryMarchApril
5.02%
4.21%
ANGL
HYG