GFEA.DE vs. IBC7.DE

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) and iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE).

GFEA.DE and IBC7.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GFEA.DE is a passively managed fund by VanEck that tracks the performance of the ICE Global Fallen Angel High Yield 10% Constrained. It was launched on Mar 19, 2018. IBC7.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Corporate ex EM Fallen Angels 3% Capped (EUR Hedged). It was launched on Apr 10, 2018. Both GFEA.DE and IBC7.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

GFEA.DE vs. IBC7.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) and iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE). The values are adjusted to include any dividend payments, if applicable.

GFEA.DE vs. IBC7.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GFEA.DE VanEck Global Fallen Angel High Yield Bond UCITS ETF	0.72%	-2.31%	12.20%	6.70%	-7.42%	10.35%	6.62%	16.50%	1.86%
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist)	-1.24%	6.91%	3.22%	9.52%	-14.03%	3.70%	13.72%	13.48%	-4.10%

Returns By Period

In the year-to-date period, GFEA.DE achieves a 0.72% return, which is significantly higher than IBC7.DE's -1.24% return.

GFEA.DE

• 1D: -0.74%
• 1M: -1.59%
• YTD: 0.72%
• 6M: 0.97%
• 1Y: -0.81%
• 3Y*: 4.86%
• 5Y*: 3.09%
• 10Y*: —

IBC7.DE

• 1D: 0.72%
• 1M: -1.73%
• YTD: -1.24%
• 6M: -0.32%
• 1Y: 3.94%
• 3Y*: 5.31%
• 5Y*: 1.17%
• 10Y*: —

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

GFEA.DE vs. IBC7.DE - Expense Ratio Comparison

GFEA.DE has a 0.40% expense ratio, which is lower than IBC7.DE's 0.55% expense ratio.

IBC7.DE

iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist)

GFEA.DE

VanEck Global Fallen Angel High Yield Bond UCITS ETF

Return for Risk

GFEA.DE vs. IBC7.DE — Risk / Return Rank

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

GFEA.DE

GFEA.DE Risk / Return Rank: 9
GFEA.DE Sharpe Ratio Rank: 9
GFEA.DE Sortino Ratio Rank: 8
GFEA.DE Omega Ratio Rank: 8
GFEA.DE Calmar Ratio Rank: 9
GFEA.DE Martin Ratio Rank: 9

IBC7.DE

IBC7.DE Risk / Return Rank: 40
IBC7.DE Sharpe Ratio Rank: 43
IBC7.DE Sortino Ratio Rank: 39
IBC7.DE Omega Ratio Rank: 42
IBC7.DE Calmar Ratio Rank: 36
IBC7.DE Martin Ratio Rank: 41

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.

GFEA.DE vs. IBC7.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) and iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE). 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.

	GFEA.DE	IBC7.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.11	0.87	-0.98
Sortino ratio Return per unit of downside risk	-0.10	1.21	-1.31
Omega ratio Gain probability vs. loss probability	0.99	1.18	-0.19
Calmar ratio Return relative to maximum drawdown	-0.12	1.13	-1.26
Martin ratio Return relative to average drawdown	-0.41	4.58	-4.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GFEA.DE vs. IBC7.DE - Sharpe Ratio Comparison

The current GFEA.DE Sharpe Ratio is -0.11, which is lower than the IBC7.DE Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of GFEA.DE and IBC7.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GFEA.DE	IBC7.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.11	0.87	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.19	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.42	+0.29

Correlation

The correlation between GFEA.DE and IBC7.DE is 0.31, 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.

Dividends

GFEA.DE vs. IBC7.DE - Dividend Comparison

GFEA.DE has not paid dividends to shareholders, while IBC7.DE's dividend yield for the trailing twelve months is around 7.11%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GFEA.DE VanEck Global Fallen Angel High Yield Bond UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist)	7.11%	5.55%	5.89%	5.17%	4.46%	3.93%	4.18%	4.59%	3.28%

Drawdowns

GFEA.DE vs. IBC7.DE - Drawdown Comparison

The maximum GFEA.DE drawdown since its inception was -22.87%, roughly equal to the maximum IBC7.DE drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for GFEA.DE and IBC7.DE.

Drawdown Indicators

	GFEA.DE	IBC7.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.87%	-21.83%	-1.04%
Max Drawdown (1Y) Largest decline over 1 year	-6.84%	-4.09%	-2.75%
Max Drawdown (5Y) Largest decline over 5 years	-10.97%	-18.31%	+7.34%
Current Drawdown Current decline from peak	-3.89%	-2.45%	-1.44%
Average Drawdown Average peak-to-trough decline	-3.42%	-4.55%	+1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	0.86%	+0.49%

Volatility

GFEA.DE vs. IBC7.DE - Volatility Comparison

VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) and iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE) have volatilities of 1.92% and 1.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GFEA.DE	IBC7.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.92%	1.89%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	4.00%	2.63%	+1.37%
Volatility (1Y) Calculated over the trailing 1-year period	7.40%	4.54%	+2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.69%	5.94%	+1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.56%	8.06%	+1.50%