ANGL vs. LDRH

Last updated Jun 4, 2026

ANGL (VanEck Vectors Fallen Angel High Yield Bond ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds - ANGL tracks the BofA Merrill Lynch US Fallen Angel High Yield Index while LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. Both are passively managed. Over the past year, ANGL returned 8.16% vs 6.43% for LDRH. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.

Performance

ANGL vs. LDRH - 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 iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ANGL achieves a 1.55% return, which is significantly lower than LDRH's 1.79% return.

ANGL

• 1D: -0.21%
• 1M: 0.49%
• YTD: 1.55%
• 6M: 1.64%
• 1Y: 8.16%
• 3Y*: 8.46%
• 5Y*: 3.44%
• 10Y*: 6.27%

LDRH

• 1D: -0.20%
• 1M: 0.18%
• YTD: 1.79%
• 6M: 2.28%
• 1Y: 6.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANGL vs. LDRH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF	1.55%	9.04%	-0.65%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	1.79%	7.18%	0.21%

Correlation

The correlation between ANGL and LDRH is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024	0.81

The correlation between ANGL and LDRH has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.

ANGL vs. LDRH - Sectors Allocation Comparison

Sectors	ANGL	LDRH
Financial Services	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

ANGL vs. LDRH — Risk / Return Rank

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

ANGL

ANGL Risk / Return Rank: 52
ANGL Sharpe Ratio Rank: 55
ANGL Sortino Ratio Rank: 56
ANGL Omega Ratio Rank: 60
ANGL Calmar Ratio Rank: 41
ANGL Martin Ratio Rank: 50

LDRH

LDRH Risk / Return Rank: 85
LDRH Sharpe Ratio Rank: 76
LDRH Sortino Ratio Rank: 87
LDRH Omega Ratio Rank: 81
LDRH Calmar Ratio Rank: 88
LDRH Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANGL vs. LDRH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.

	ANGL	LDRH	Difference
Sharpe ratio Return per unit of total volatility	1.90	2.48	-0.58
Sortino ratio Return per unit of downside risk	2.73	3.99	-1.27
Omega ratio Gain probability vs. loss probability	1.37	1.49	-0.11
Calmar ratio Return relative to maximum drawdown	2.02	5.24	-3.22
Martin ratio Return relative to average drawdown	8.49	21.81	-13.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANGL vs. LDRH - Sharpe Ratio Comparison

The current ANGL Sharpe Ratio is 1.90, which is comparable to the LDRH Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of ANGL and LDRH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANGL	LDRH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	2.48	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.69	-0.95

Drawdowns

ANGL vs. LDRH - Drawdown Comparison

The maximum ANGL drawdown since its inception was -29.31%, which is greater than LDRH's maximum drawdown of -3.17%. Use the drawdown chart below to compare losses from any high point for ANGL and LDRH.

Drawdown Indicators

	ANGL	LDRH	Difference
Max Drawdown Largest peak-to-trough decline	-29.31%	-3.17%	-26.14%
Max Drawdown (1Y) Largest decline over 1 year	-4.05%	-1.23%	-2.82%
Max Drawdown (3Y) Largest decline over 3 years	-5.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.31%	—	—
Current Drawdown Current decline from peak	-0.30%	-0.20%	-0.10%
Average Drawdown Average peak-to-trough decline	-3.30%	-0.24%	-3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	0.30%	+0.66%

Volatility

ANGL vs. LDRH - Volatility Comparison

VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a higher volatility of 1.37% compared to iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) at 0.69%. This indicates that ANGL's price experiences larger fluctuations and is considered to be riskier than LDRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANGL	LDRH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	0.69%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	3.46%	1.97%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	4.31%	2.61%	+1.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.63%	3.52%	+4.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.28%	3.52%	+5.76%

ANGL vs. LDRH - Expense Ratio Comparison

Both ANGL and LDRH have an expense ratio of 0.35%.

Dividends

ANGL vs. LDRH - Dividend Comparison

ANGL's dividend yield for the trailing twelve months is around 6.37%, less than LDRH's 7.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF	6.37%	6.20%	6.29%	5.27%	4.72%	3.90%	4.67%	5.19%	5.99%	5.25%	5.34%	5.81%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	7.00%	6.41%	1.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ANGL and LDRH in my portfolio?

ANGL and LDRH have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ANGL or LDRH?

ANGL has higher volatility (1.37%) compared to LDRH (0.69%). In terms of maximum drawdown, ANGL dropped -29.31% vs LDRH's -3.17%.

Which ETF is better, ANGL or LDRH?

On 1-year performance, ANGL leads with 8.16% vs 6.43% for LDRH. Both ETFs have the same 0.35% expense ratio. On volatility, LDRH has been the lower-risk option at 0.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ANGL or LDRH?

Over the 1-year period, ANGL has performed better with a 8.16% return vs 6.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ANGL or LDRH?

ANGL and LDRH have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, ANGL or LDRH?

LDRH has the higher dividend yield at 7.00%, compared with 6.37% for ANGL.

What is the main difference between ANGL and LDRH?

ANGL tracks BofA Merrill Lynch US Fallen Angel High Yield Index, while LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. They also come from different issuers: VanEck and iShares.

Which has better risk-adjusted returns?

LDRH currently has the higher Sharpe Ratio (2.48 vs 1.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.