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

Correlation

The correlation between ANGL and VWEAX is 0.48, 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.


-0.50.00.51.00.5

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.

80.00%90.00%100.00%110.00%120.00%130.00%JulyAugustSeptemberOctoberNovemberDecember
130.26%
87.32%
ANGL
VWEAX

Key characteristics

Sharpe Ratio

ANGL:

1.16

VWEAX:

1.95

Sortino Ratio

ANGL:

1.65

VWEAX:

2.95

Omega Ratio

ANGL:

1.21

VWEAX:

1.43

Calmar Ratio

ANGL:

1.11

VWEAX:

3.35

Martin Ratio

ANGL:

7.21

VWEAX:

10.57

Ulcer Index

ANGL:

0.78%

VWEAX:

0.59%

Daily Std Dev

ANGL:

4.84%

VWEAX:

3.20%

Max Drawdown

ANGL:

-35.07%

VWEAX:

-30.03%

Current Drawdown

ANGL:

-1.61%

VWEAX:

-1.29%

Returns By Period

In the year-to-date period, ANGL achieves a 5.86% return, which is significantly higher than VWEAX's 5.31% return. Over the past 10 years, ANGL has outperformed VWEAX with an annualized return of 6.33%, while VWEAX has yielded a comparatively lower 4.53% annualized return.


ANGL

YTD

5.86%

1M

-0.23%

6M

3.76%

1Y

5.35%

5Y*

4.33%

10Y*

6.33%

VWEAX

YTD

5.31%

1M

-0.73%

6M

3.60%

1Y

6.04%

5Y*

3.30%

10Y*

4.53%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ANGL vs. VWEAX - Expense Ratio Comparison

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


ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
Expense ratio chart for ANGL: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for VWEAX: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for ANGL, currently valued at 1.16, compared to the broader market0.002.004.001.161.95
The chart of Sortino ratio for ANGL, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.001.652.95
The chart of Omega ratio for ANGL, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.211.43
The chart of Calmar ratio for ANGL, currently valued at 1.11, compared to the broader market0.005.0010.0015.001.113.35
The chart of Martin ratio for ANGL, currently valued at 7.21, compared to the broader market0.0020.0040.0060.0080.00100.007.2110.57
ANGL
VWEAX

The current ANGL Sharpe Ratio is 1.16, which is lower than the VWEAX Sharpe Ratio of 1.95. 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.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.16
1.95
ANGL
VWEAX

Dividends

ANGL vs. VWEAX - Dividend Comparison

ANGL's dividend yield for the trailing twelve months is around 6.21%, more than VWEAX's 5.65% yield.


TTM20232022202120202019201820172016201520142013
ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
6.21%5.27%4.72%3.90%4.67%5.20%6.00%5.25%5.79%5.82%6.80%6.10%
VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
5.65%5.79%5.20%4.24%4.72%5.32%6.10%5.42%5.49%5.99%5.71%5.89%

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.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.61%
-1.29%
ANGL
VWEAX

Volatility

ANGL vs. VWEAX - Volatility Comparison

VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a higher volatility of 1.80% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 0.72%. 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.


0.60%0.80%1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.80%
0.72%
ANGL
VWEAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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