SBAR vs. ANGL

Last updated Jun 25, 2026

SBAR (Simplify Barrier Income ETF) and ANGL (VanEck Vectors Fallen Angel High Yield Bond ETF) are both exchange-traded funds - SBAR is a Derivative Income fund actively managed by Simplify, while ANGL is a High Yield Bonds fund tracking the BofA Merrill Lynch US Fallen Angel High Yield Index. SBAR is actively managed, while ANGL is passively managed. Over the past year, SBAR returned 10.63% vs 7.07% for ANGL. A 0.51 correlation means they provide meaningful diversification when combined. SBAR charges 0.75%/yr vs 0.35%/yr for ANGL.

Performance

SBAR vs. ANGL - Performance Comparison

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

Returns By Period

In the year-to-date period, SBAR achieves a 2.97% return, which is significantly higher than ANGL's 2.11% return.

SBAR

• 1D: -0.16%
• 1M: 1.03%
• YTD: 2.97%
• 6M: 2.81%
• 1Y: 10.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

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

SBAR vs. ANGL - Yearly Performance Comparison

	2026 (YTD)	2025
SBAR Simplify Barrier Income ETF	2.97%	13.80%
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF	2.11%	10.64%

Correlation

The correlation between SBAR and ANGL is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Apr 15, 2025	0.51

The correlation between SBAR and ANGL has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.

Return for Risk

SBAR vs. ANGL — Risk / Return Rank

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

SBAR

SBAR Risk / Return Rank: 41
SBAR Sharpe Ratio Rank: 38
SBAR Sortino Ratio Rank: 36
SBAR Omega Ratio Rank: 35
SBAR Calmar Ratio Rank: 44
SBAR Martin Ratio Rank: 49

ANGL

ANGL Risk / Return Rank: 50
ANGL Sharpe Ratio Rank: 53
ANGL Sortino Ratio Rank: 54
ANGL Omega Ratio Rank: 57
ANGL Calmar Ratio Rank: 38
ANGL Martin Ratio Rank: 48

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.

SBAR vs. ANGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Barrier Income ETF (SBAR) 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.

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.

	SBAR	ANGL	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.63	-0.41
Sortino ratio: Return per unit of downside risk	1.78	2.34	-0.56
Omega ratio: Gain probability vs. loss probability	1.22	1.32	-0.10
Calmar ratio: Return relative to maximum drawdown	2.00	1.75	+0.25
Martin ratio: Return relative to average drawdown	7.41	7.33	+0.08

SBAR vs. ANGL - Sharpe Ratio Comparison

The current SBAR Sharpe Ratio is 1.22, which is comparable to the ANGL Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of SBAR and ANGL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SBAR vs. ANGL - Drawdown Comparison

The maximum SBAR drawdown since its inception was -5.32%, smaller than the maximum ANGL drawdown of -29.31%. Use the drawdown chart below to compare losses from any high point for SBAR and ANGL.

Drawdown Indicators

	SBAR	ANGL	Difference
Max Drawdown Largest peak-to-trough decline	-5.32%	-29.31%	+23.99%
Max Drawdown (1Y) Largest decline over 1 year	-5.32%	-4.05%	-1.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.48%	—
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	-0.89%	0.00%	-0.89%
Average Drawdown Average peak-to-trough decline	-0.92%	-3.29%	+2.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	0.97%	+0.47%

Volatility

SBAR vs. ANGL - Volatility Comparison

Simplify Barrier Income ETF (SBAR) has a higher volatility of 2.70% compared to VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) at 1.16%. This indicates that SBAR'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.

Volatility by Period

	SBAR	ANGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	1.16%	+1.54%
Volatility (6M) Calculated over the trailing 6-month period	5.74%	3.55%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	8.78%	4.36%	+4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.83%	7.64%	+2.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.83%	9.26%	+0.57%

SBAR vs. ANGL - Expense Ratio Comparison

SBAR has a 0.75% expense ratio, which is higher than ANGL's 0.35% expense ratio.

Dividends

SBAR vs. ANGL - Dividend Comparison

SBAR's dividend yield for the trailing twelve months is around 12.65%, more than ANGL's 6.34% 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%
SBAR Simplify Barrier Income ETF	12.65%	8.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SBAR and ANGL in my portfolio?

SBAR and ANGL have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SBAR or ANGL?

SBAR has higher volatility (2.70%) compared to ANGL (1.16%). In terms of maximum drawdown, SBAR dropped -5.32% vs ANGL's -29.31%.

Which ETF is better, SBAR or ANGL?

On 1-year performance, SBAR leads with 10.63% vs 7.07% for ANGL. 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.

Which ETF has performed better, SBAR or ANGL?

Over the 1-year period, SBAR has performed better with a 10.63% return vs 7.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SBAR or ANGL?

ANGL is cheaper with a 0.35% expense ratio, compared with 0.75% for SBAR.

Which ETF pays a higher dividend yield, SBAR or ANGL?

SBAR has the higher dividend yield at 12.65%, compared with 6.34% for ANGL.

What is the main difference between SBAR and ANGL?

SBAR is categorized as Derivative Income, while ANGL is High Yield Bonds. They also come from different issuers: Simplify and VanEck. Their fees differ too: 0.75% for SBAR and 0.35% for ANGL.

Which has better risk-adjusted returns?

ANGL currently has the higher Sharpe Ratio (1.63 vs 1.22), 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.