IHYF vs. ANGL
Compare and contrast key facts about Invesco High Yield Bond Factor ETF (IHYF) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL).
IHYF and ANGL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHYF is an actively managed fund by Invesco. It was launched on Nov 30, 2020. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHYF or ANGL.
Correlation
The correlation between IHYF and ANGL is 0.68, 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
IHYF vs. ANGL - Performance Comparison
Key characteristics
IHYF:
2.10
ANGL:
1.00
IHYF:
3.08
ANGL:
1.42
IHYF:
1.42
ANGL:
1.18
IHYF:
4.09
ANGL:
0.96
IHYF:
14.28
ANGL:
6.25
IHYF:
0.58%
ANGL:
0.77%
IHYF:
3.95%
ANGL:
4.81%
IHYF:
-15.96%
ANGL:
-35.07%
IHYF:
-1.51%
ANGL:
-2.19%
Returns By Period
In the year-to-date period, IHYF achieves a 7.44% return, which is significantly higher than ANGL's 5.23% return.
IHYF
7.44%
0.02%
4.92%
8.02%
N/A
N/A
ANGL
5.23%
-0.89%
3.29%
4.98%
4.21%
6.36%
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IHYF vs. ANGL - Expense Ratio Comparison
IHYF has a 0.39% expense ratio, which is higher than ANGL's 0.35% expense ratio.
Risk-Adjusted Performance
IHYF vs. ANGL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Bond Factor ETF (IHYF) 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
IHYF vs. ANGL - Dividend Comparison
IHYF's dividend yield for the trailing twelve months is around 6.62%, more than ANGL's 6.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHYF Invesco High Yield Bond Factor ETF | 6.62% | 6.76% | 6.16% | 4.87% | 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 | 6.25% | 5.27% | 4.72% | 3.90% | 4.67% | 5.20% | 6.00% | 5.25% | 5.79% | 5.82% | 6.80% | 6.10% |
Drawdowns
IHYF vs. ANGL - Drawdown Comparison
The maximum IHYF drawdown since its inception was -15.96%, smaller than the maximum ANGL drawdown of -35.07%. Use the drawdown chart below to compare losses from any high point for IHYF and ANGL. For additional features, visit the drawdowns tool.
Volatility
IHYF vs. ANGL - Volatility Comparison
The current volatility for Invesco High Yield Bond Factor ETF (IHYF) is 1.24%, while VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a volatility of 1.69%. This indicates that IHYF 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.