VWEAX vs. ANGL
Compare and contrast key facts about Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL).
VWEAX is managed by Vanguard. It was launched on Nov 12, 2001. 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: VWEAX or ANGL.
Performance
VWEAX vs. ANGL - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with VWEAX having a 6.09% return and ANGL slightly lower at 6.03%. Over the past 10 years, VWEAX has underperformed ANGL with an annualized return of 4.55%, while ANGL has yielded a comparatively higher 6.15% annualized return.
VWEAX
6.09%
0.34%
5.31%
11.06%
3.82%
4.55%
ANGL
6.03%
0.24%
4.94%
10.70%
5.09%
6.15%
Key characteristics
| VWEAX | ANGL | |
|---|---|---|
| Sharpe Ratio | 3.21 | 2.20 |
| Sortino Ratio | 5.38 | 3.37 |
| Omega Ratio | 1.80 | 1.42 |
| Calmar Ratio | 3.79 | 1.30 |
| Martin Ratio | 19.76 | 14.57 |
| Ulcer Index | 0.57% | 0.75% |
| Daily Std Dev | 3.52% | 4.93% |
| Max Drawdown | -30.03% | -35.07% |
| Current Drawdown | -0.57% | -0.69% |
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VWEAX vs. ANGL - Expense Ratio Comparison
VWEAX has a 0.13% expense ratio, which is lower than ANGL's 0.35% expense ratio.
Correlation
The correlation between VWEAX and ANGL is 0.48, 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.
Risk-Adjusted Performance
VWEAX vs. ANGL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) 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
VWEAX vs. ANGL - Dividend Comparison
VWEAX's dividend yield for the trailing twelve months is around 6.10%, which matches ANGL's 6.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 6.10% | 5.79% | 5.20% | 4.24% | 4.72% | 5.32% | 6.10% | 5.42% | 5.49% | 5.99% | 5.71% | 5.89% |
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF | 6.09% | 5.27% | 4.72% | 3.90% | 4.67% | 5.20% | 6.00% | 5.25% | 5.79% | 5.82% | 6.80% | 6.10% |
Drawdowns
VWEAX vs. ANGL - Drawdown Comparison
The maximum VWEAX drawdown since its inception was -30.03%, smaller than the maximum ANGL drawdown of -35.07%. Use the drawdown chart below to compare losses from any high point for VWEAX and ANGL. For additional features, visit the drawdowns tool.
Volatility
VWEAX vs. ANGL - Volatility Comparison
The current volatility for Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) is 0.70%, while VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a volatility of 1.18%. This indicates that VWEAX 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.