ANGL vs. YLD
ANGL (VanEck Vectors Fallen Angel High Yield Bond ETF) and YLD (Principal Active High Yield ETF) are both High Yield Bonds funds. ANGL is passively managed, while YLD is actively managed. Over the past 10 years, ANGL returned 6.26%/yr vs 5.77%/yr for YLD. At a 0.50 correlation, their price movements are largely independent. ANGL charges 0.35%/yr vs 0.39%/yr for YLD.
Performance
ANGL vs. YLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ANGL achieves a 2.11% return, which is significantly lower than YLD's 3.38% return. Over the past 10 years, ANGL has outperformed YLD with an annualized return of 6.26%, while YLD has yielded a comparatively lower 5.77% annualized return.
ANGL
- 1D
- 0.14%
- 1M
- 1.08%
- YTD
- 2.11%
- 6M
- 2.23%
- 1Y
- 7.07%
- 3Y*
- 8.65%
- 5Y*
- 3.25%
- 10Y*
- 6.26%
YLD
- 1D
- 0.58%
- 1M
- 0.95%
- YTD
- 3.38%
- 6M
- 3.29%
- 1Y
- 6.53%
- 3Y*
- 9.11%
- 5Y*
- 4.89%
- 10Y*
- 5.77%
ANGL vs. YLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | 2.11% | 9.04% | 6.06% | 12.52% | -14.26% | 6.84% | 13.20% | 18.06% | -5.84% | 9.71% |
YLD Principal Active High Yield ETF | 3.38% | 6.55% | 9.19% | 12.93% | -8.78% | 9.17% | 1.50% | 13.58% | -3.30% | 9.12% |
Correlation
The correlation between ANGL and YLD is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2015 | 0.50 |
Over the past year, ANGL and YLD have become more correlated (0.71) than their long-term average of 0.50, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ANGL vs. YLD — Risk / Return Rank
ANGL
YLD
ANGL vs. YLD - 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 Principal Active High Yield ETF (YLD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ANGL | YLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.27 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 3.31 | -1.56 |
| Martin ratioReturn relative to average drawdown | 7.33 | 11.35 | -4.01 |
Loading charts...
Drawdowns
ANGL vs. YLD - Drawdown Comparison
The maximum ANGL drawdown since its inception was -29.31%, roughly equal to the maximum YLD drawdown of -28.34%. Use the drawdown chart below to compare losses from any high point for ANGL and YLD.
Loading charts...
Drawdown Indicators
| ANGL | YLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.31% | -28.34% | -0.97% |
Max Drawdown (1Y)Largest decline over 1 year | -4.05% | -1.98% | -2.07% |
Max Drawdown (3Y)Largest decline over 3 years | -5.48% | -5.62% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -19.25% | -13.89% | -5.36% |
Max Drawdown (10Y)Largest decline over 10 years | -29.31% | -28.34% | -0.97% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.29% | -2.69% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 0.58% | +0.39% |
Volatility
ANGL vs. YLD - Volatility Comparison
The current volatility for VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) is 1.16%, while Principal Active High Yield ETF (YLD) has a volatility of 1.28%. This indicates that ANGL experiences smaller price fluctuations and is considered to be less risky than YLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ANGL | YLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 1.28% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.55% | 3.54% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.36% | 4.43% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.64% | 6.40% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.26% | 8.20% | +1.06% |
ANGL vs. YLD - Expense Ratio Comparison
ANGL has a 0.35% expense ratio, which is lower than YLD's 0.39% expense ratio.
Dividends
ANGL vs. YLD - Dividend Comparison
ANGL's dividend yield for the trailing twelve months is around 6.34%, less than YLD's 7.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | 6.34% | 6.20% | 6.29% | 5.27% | 4.72% | 3.90% | 4.67% | 5.19% | 5.99% | 5.25% | 5.34% | 5.81% |
YLD Principal Active High Yield ETF | 7.23% | 7.33% | 7.12% | 6.46% | 6.51% | 3.92% | 4.40% | 4.81% | 5.42% | 6.28% | 4.47% | 2.56% |
Frequently Asked Questions
ANGL and YLD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YLD has higher volatility (1.28%) compared to ANGL (1.16%). In terms of maximum drawdown, ANGL dropped -29.31% vs YLD's -28.34%.
On 10-year performance, ANGL leads with 6.26% vs 5.77% for YLD. On fees, ANGL is cheaper at 0.35% per year. On volatility, ANGL has been the lower-risk option at 1.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, ANGL has performed better with a 6.26% return vs 5.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ANGL is cheaper with a 0.35% expense ratio, compared with 0.39% for YLD.
YLD has the higher dividend yield at 7.23%, compared with 6.34% for ANGL.
They also come from different issuers: VanEck and Principal. Their fees differ too: 0.35% for ANGL and 0.39% for YLD.
ANGL currently has the higher Sharpe Ratio (1.63 vs 1.49), 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.
Find the right allocation for ANGL and YLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer