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XMPT vs. ANGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XMPT and ANGL is 0.15, 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.


Performance

XMPT vs. ANGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors CEF Municipal Income ETF (XMPT) 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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Key characteristics

Sharpe Ratio

XMPT:

0.54

ANGL:

0.80

Sortino Ratio

XMPT:

0.82

ANGL:

1.12

Omega Ratio

XMPT:

1.11

ANGL:

1.17

Calmar Ratio

XMPT:

0.23

ANGL:

0.94

Martin Ratio

XMPT:

1.41

ANGL:

4.50

Ulcer Index

XMPT:

3.62%

ANGL:

1.14%

Daily Std Dev

XMPT:

8.72%

ANGL:

6.54%

Max Drawdown

XMPT:

-35.24%

ANGL:

-35.07%

Current Drawdown

XMPT:

-17.21%

ANGL:

-1.59%

Returns By Period

In the year-to-date period, XMPT achieves a 0.49% return, which is significantly lower than ANGL's 0.65% return. Over the past 10 years, XMPT has underperformed ANGL with an annualized return of 2.69%, while ANGL has yielded a comparatively higher 5.77% annualized return.


XMPT

YTD

0.49%

1M

5.47%

6M

-2.81%

1Y

5.06%

5Y*

1.27%

10Y*

2.69%

ANGL

YTD

0.65%

1M

3.09%

6M

0.00%

1Y

5.48%

5Y*

6.39%

10Y*

5.77%

*Annualized

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XMPT vs. ANGL - Expense Ratio Comparison

XMPT has a 1.86% expense ratio, which is higher than ANGL's 0.35% expense ratio.


Risk-Adjusted Performance

XMPT vs. ANGL — Risk-Adjusted Performance Rank

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

XMPT
The Risk-Adjusted Performance Rank of XMPT is 5353
Overall Rank
The Sharpe Ratio Rank of XMPT is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of XMPT is 5858
Sortino Ratio Rank
The Omega Ratio Rank of XMPT is 5555
Omega Ratio Rank
The Calmar Ratio Rank of XMPT is 3939
Calmar Ratio Rank
The Martin Ratio Rank of XMPT is 5050
Martin Ratio Rank

ANGL
The Risk-Adjusted Performance Rank of ANGL is 7878
Overall Rank
The Sharpe Ratio Rank of ANGL is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of ANGL is 7373
Sortino Ratio Rank
The Omega Ratio Rank of ANGL is 7777
Omega Ratio Rank
The Calmar Ratio Rank of ANGL is 8282
Calmar Ratio Rank
The Martin Ratio Rank of ANGL is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XMPT vs. ANGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors CEF Municipal Income ETF (XMPT) 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.


The current XMPT Sharpe Ratio is 0.54, which is lower than the ANGL Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of XMPT 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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Dividends

XMPT vs. ANGL - Dividend Comparison

XMPT's dividend yield for the trailing twelve months is around 5.97%, less than ANGL's 6.43% yield.


TTM20242023202220212020201920182017201620152014
XMPT
VanEck Vectors CEF Municipal Income ETF
5.97%5.35%3.81%5.12%3.74%3.79%4.08%5.05%4.84%5.35%5.24%5.50%
ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
6.43%6.29%5.27%4.72%3.90%4.67%5.19%5.99%5.25%5.79%5.81%6.80%

Drawdowns

XMPT vs. ANGL - Drawdown Comparison

The maximum XMPT drawdown since its inception was -35.24%, roughly equal to the maximum ANGL drawdown of -35.07%. Use the drawdown chart below to compare losses from any high point for XMPT and ANGL. For additional features, visit the drawdowns tool.


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Volatility

XMPT vs. ANGL - Volatility Comparison

VanEck Vectors CEF Municipal Income ETF (XMPT) has a higher volatility of 3.47% compared to VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) at 2.62%. This indicates that XMPT'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.


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