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

Correlation

The correlation between ANGL and VWEAX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

ANGL vs. VWEAX - 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 Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ANGL:

1.03

VWEAX:

2.35

Sortino Ratio

ANGL:

1.42

VWEAX:

3.62

Omega Ratio

ANGL:

1.22

VWEAX:

1.58

Calmar Ratio

ANGL:

1.20

VWEAX:

3.12

Martin Ratio

ANGL:

5.76

VWEAX:

12.64

Ulcer Index

ANGL:

1.14%

VWEAX:

0.64%

Daily Std Dev

ANGL:

6.64%

VWEAX:

3.46%

Max Drawdown

ANGL:

-35.07%

VWEAX:

-30.03%

Current Drawdown

ANGL:

-0.30%

VWEAX:

0.00%

Returns By Period

In the year-to-date period, ANGL achieves a 1.97% return, which is significantly lower than VWEAX's 2.33% return. Over the past 10 years, ANGL has outperformed VWEAX with an annualized return of 5.89%, while VWEAX has yielded a comparatively lower 4.58% annualized return.


ANGL

YTD

1.97%

1M

4.21%

6M

1.90%

1Y

6.82%

5Y*

6.88%

10Y*

5.89%

VWEAX

YTD

2.33%

1M

2.82%

6M

2.63%

1Y

8.08%

5Y*

5.59%

10Y*

4.58%

*Annualized

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ANGL vs. VWEAX - Expense Ratio Comparison

ANGL has a 0.35% expense ratio, which is higher than VWEAX's 0.13% expense ratio.


Risk-Adjusted Performance

ANGL vs. VWEAX — 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 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of ANGL is 7878
Sortino Ratio Rank
The Omega Ratio Rank of ANGL is 8282
Omega Ratio Rank
The Calmar Ratio Rank of ANGL is 8484
Calmar Ratio Rank
The Martin Ratio Rank of ANGL is 8686
Martin Ratio Rank

VWEAX
The Risk-Adjusted Performance Rank of VWEAX is 9595
Overall Rank
The Sharpe Ratio Rank of VWEAX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of VWEAX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of VWEAX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of VWEAX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of VWEAX is 9595
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. VWEAX - 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 Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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 1.03, which is lower than the VWEAX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of ANGL and VWEAX, 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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Dividends

ANGL vs. VWEAX - Dividend Comparison

ANGL's dividend yield for the trailing twelve months is around 6.35%, more than VWEAX's 6.23% yield.


TTM20242023202220212020201920182017201620152014
ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
6.35%6.29%5.27%4.72%3.90%4.67%5.19%5.99%5.25%5.79%5.81%6.80%
VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
6.23%6.18%5.79%5.20%4.24%4.72%5.32%6.10%5.42%5.49%5.99%5.71%

Drawdowns

ANGL vs. VWEAX - Drawdown Comparison

The maximum ANGL drawdown since its inception was -35.07%, which is greater than VWEAX's maximum drawdown of -30.03%. Use the drawdown chart below to compare losses from any high point for ANGL and VWEAX. For additional features, visit the drawdowns tool.


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Volatility

ANGL vs. VWEAX - Volatility Comparison

VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a higher volatility of 1.90% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 1.24%. This indicates that ANGL's price experiences larger fluctuations and is considered to be riskier than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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