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HIMU vs. ANGL
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HIMU vs. ANGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares High Yield Muni Active ETF (HIMU) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL). The values are adjusted to include any dividend payments, if applicable.

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HIMU vs. ANGL - Yearly Performance Comparison


Returns By Period

In the year-to-date period, HIMU achieves a -0.62% return, which is significantly higher than ANGL's -1.20% return.


HIMU

1D
0.57%
1M
-2.58%
YTD
-0.62%
6M
0.10%
1Y
1.99%
3Y*
5Y*
10Y*

ANGL

1D
1.06%
1M
-2.61%
YTD
-1.20%
6M
-0.35%
1Y
5.95%
3Y*
7.14%
5Y*
3.18%
10Y*
6.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HIMU vs. ANGL - Expense Ratio Comparison

HIMU has a 0.42% expense ratio, which is higher than ANGL's 0.35% expense ratio.


Return for Risk

HIMU vs. ANGL — Risk / Return Rank

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

HIMU
HIMU Risk / Return Rank: 1919
Overall Rank
HIMU Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
HIMU Sortino Ratio Rank: 1717
Sortino Ratio Rank
HIMU Omega Ratio Rank: 1919
Omega Ratio Rank
HIMU Calmar Ratio Rank: 1919
Calmar Ratio Rank
HIMU Martin Ratio Rank: 2020
Martin Ratio Rank

ANGL
ANGL Risk / Return Rank: 5454
Overall Rank
ANGL Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
ANGL Sortino Ratio Rank: 5151
Sortino Ratio Rank
ANGL Omega Ratio Rank: 6262
Omega Ratio Rank
ANGL Calmar Ratio Rank: 4848
Calmar Ratio Rank
ANGL Martin Ratio Rank: 5353
Martin Ratio Rank
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.

HIMU vs. ANGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares High Yield Muni Active ETF (HIMU) 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.


HIMUANGLDifference

Sharpe ratio

Return per unit of total volatility

0.25

0.92

-0.67

Sortino ratio

Return per unit of downside risk

0.38

1.29

-0.90

Omega ratio

Gain probability vs. loss probability

1.06

1.22

-0.16

Calmar ratio

Return relative to maximum drawdown

0.32

1.15

-0.83

Martin ratio

Return relative to average drawdown

1.07

4.78

-3.71

HIMU vs. ANGL - Sharpe Ratio Comparison

The current HIMU Sharpe Ratio is 0.25, which is lower than the ANGL Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of HIMU and ANGL, 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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Sharpe Ratios by Period


HIMUANGLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.25

0.92

-0.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

0.72

-0.66

Correlation

The correlation between HIMU and ANGL is 0.28, 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

HIMU vs. ANGL - Dividend Comparison

HIMU's dividend yield for the trailing twelve months is around 5.23%, less than ANGL's 6.37% yield.


TTM20252024202320222021202020192018201720162015
HIMU
iShares High Yield Muni Active ETF
5.23%4.57%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
6.37%6.20%6.29%5.27%4.72%3.90%4.67%5.19%5.99%5.25%5.34%5.81%

Drawdowns

HIMU vs. ANGL - Drawdown Comparison

The maximum HIMU drawdown since its inception was -8.01%, smaller than the maximum ANGL drawdown of -29.31%. Use the drawdown chart below to compare losses from any high point for HIMU and ANGL.


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Drawdown Indicators


HIMUANGLDifference

Max Drawdown

Largest peak-to-trough decline

-8.01%

-29.31%

+21.30%

Max Drawdown (1Y)

Largest decline over 1 year

-6.93%

-5.28%

-1.65%

Max Drawdown (5Y)

Largest decline over 5 years

-19.25%

Max Drawdown (10Y)

Largest decline over 10 years

-29.31%

Current Drawdown

Current decline from peak

-2.58%

-3.00%

+0.42%

Average Drawdown

Average peak-to-trough decline

-1.93%

-3.33%

+1.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.09%

1.27%

+0.82%

Volatility

HIMU vs. ANGL - Volatility Comparison

The current volatility for iShares High Yield Muni Active ETF (HIMU) is 2.21%, while VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a volatility of 2.59%. This indicates that HIMU experiences smaller price fluctuations and is considered to be less risky than ANGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HIMUANGLDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.21%

2.59%

-0.38%

Volatility (6M)

Calculated over the trailing 6-month period

2.87%

3.34%

-0.47%

Volatility (1Y)

Calculated over the trailing 1-year period

8.05%

6.51%

+1.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.79%

7.60%

+0.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.79%

9.30%

-1.51%