EMB vs. ANGL
Compare and contrast key facts about iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL).
EMB and ANGL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMB is a passively managed fund by iShares that tracks the performance of the JPMorgan EMBI Global Core Index. It was launched on Dec 17, 2007. ANGL is a passively managed fund by VanEck that tracks the performance of the BofA Merrill Lynch US Fallen Angel High Yield Index. It was launched on Apr 10, 2012. Both EMB and ANGL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMB or ANGL.
Key characteristics
| EMB | ANGL | |
|---|---|---|
| YTD Return | 1.51% | 1.54% |
| 1Y Return | 9.88% | 10.80% |
| 3Y Return (Ann) | -2.88% | 0.87% |
| 5Y Return (Ann) | 0.40% | 4.91% |
| 10Y Return (Ann) | 2.22% | 5.79% |
| Sharpe Ratio | 1.05 | 1.75 |
| Daily Std Dev | 9.02% | 6.12% |
| Max Drawdown | -34.70% | -35.07% |
| Current Drawdown | -11.08% | -2.74% |
Correlation
The correlation between EMB and ANGL is 0.49, 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.
Performance
EMB vs. ANGL - Performance Comparison
The year-to-date returns for both investments are quite close, with EMB having a 1.51% return and ANGL slightly higher at 1.54%. Over the past 10 years, EMB has underperformed ANGL with an annualized return of 2.22%, while ANGL has yielded a comparatively higher 5.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMB vs. ANGL - Expense Ratio Comparison
EMB has a 0.39% expense ratio, which is higher than ANGL's 0.35% expense ratio.
Risk-Adjusted Performance
EMB vs. ANGL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL). 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.
Dividends
EMB vs. ANGL - Dividend Comparison
EMB's dividend yield for the trailing twelve months is around 4.83%, less than ANGL's 5.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 4.83% | 4.74% | 5.04% | 3.89% | 3.88% | 4.51% | 5.64% | 4.54% | 4.83% | 4.84% | 4.56% | 4.75% |
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | 5.73% | 5.27% | 4.72% | 3.90% | 4.67% | 5.19% | 5.99% | 5.25% | 5.76% | 5.81% | 6.80% | 6.10% |
Drawdowns
EMB vs. ANGL - Drawdown Comparison
The maximum EMB drawdown since its inception was -34.70%, roughly equal to the maximum ANGL drawdown of -35.07%. Use the drawdown chart below to compare losses from any high point for EMB and ANGL. For additional features, visit the drawdowns tool.
Volatility
EMB vs. ANGL - Volatility Comparison
iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) has a higher volatility of 3.12% compared to VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) at 1.90%. This indicates that EMB's price experiences larger fluctuations and is considered to be riskier than ANGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.