VanEck Fallen Angel High Yield Bond ETF (ANGL) Performance
ANGL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.4% since Dec 31, 2025
- 1 year
- −0.4% total return
- 5 years
- +2.2% a year
- 10 years
- +5.0% a year
- Since first price
- +6.4% a year since 2012
ANGL trailing returns vs AGG, TLT, SPY
| Period | ANGL total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −2.1% | −2.7% | +0.9% | +1.5% | −1.0% |
| 3 months | −2.8% | −4.4% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.7% | −5.9% | −1.5% | −3.8% | +7.8% |
| YTD | −1.4% | −6.2% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.4% | −6.7% | −1.1% | −6.9% | +14.4% |
| 3 years | +25.8%+8.0%/yr | +4.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +11.3%+2.2%/yr | −16.2% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +62.5%+5.0%/yr | −5.8% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionApr 11, 2012 | +148.0%+6.4%/yr | +9.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ANGL vs AGG
From Apr 11, 2012: ANGL grew to $24,798, AGG to $12,935.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ANGL returns by calendar year
10 of 13 full years positive. Best 2016 (+25.7%), worst 2022 (−14.3%). 2026 is year to date.
ANGL annual returns table
| Year | ANGL | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.4% | −5.2% | −1.0% | −3.4% | +12.3% |
| 2025 | +9.1% | −5.5% | +7.2% | +4.3% | +17.7% |
| 2024 | +6.1% | −2.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +12.5% | −4.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −14.3% | −18.4% | −13.0% | −31.2% | −18.2% |
| 2021 | +6.8% | −3.7% | −1.8% | −4.6% | +28.7% |
| 2020 | +13.2% | −29.3% | +7.5% | +18.2% | +18.3% |
| 2019 | +18.1% | −2.5% | +8.5% | +14.1% | +31.2% |
| 2018 | −5.8% | −8.8% | +0.1% | −1.6% | −4.6% |
| 2017 | +9.7% | −2.6% | +3.6% | +9.2% | +21.7% |
| 2016 | +25.7% | −4.8% | +2.4% | +1.2% | +12.0% |
| 2015 | −1.4% | −10.7% | +0.5% | −1.8% | +1.2% |
| 2014 | +2.7% | −5.3% | +6.0% | +27.3% | +13.5% |
| 2013 | +7.3% | −9.9% | −2.0% | −13.4% | +32.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ANGL largest drawdowns
Now 4.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −29.3% | Mar 19, 2020 | Jul 21, 2020 | 34 days | 5 months |
| Nov 9, 2021 | −19.3% | Oct 10, 2022 | Aug 16, 2024 | 11 months | 2.8 years |
| Jun 1, 2015 | −13.1% | Jan 20, 2016 | Apr 19, 2016 | 8 months | 11 months |
| Apr 19, 2013 | −9.9% | Jun 24, 2013 | Mar 3, 2014 | 2 months | 10 months |
| Jan 26, 2018 | −8.8% | Dec 24, 2018 | Feb 22, 2019 | 11 months | 1.1 years |
| Mar 24, 2025 | −5.5% | Apr 8, 2025 | Jun 3, 2025 | 15 days | 2 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
ANGL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +7.5% | +2.2% | +5.2% | +6.4% |
| Volatility (annualized) | 6.1% | 8.3% | 9.0% | 8.5% |
| Sharpe ratio | 0.50 | -0.13 | 0.35 | 0.59 |
| Sortino ratio | 0.81 | -0.17 | 0.49 | 0.87 |
| Best month | +6.0% | +6.0% | +8.1% | +8.1% |
| Worst month | −3.6% | −6.8% | −13.9% | −13.9% |
| Best 12 months | +15.6% | +15.6% | +32.8% | +32.8% |
| Worst 12 months | −0.2% | −17.3% | −17.3% | −17.3% |
| Positive months | 67% | 57% | 63% | 63% |
| Beta vs S&P 500 | 0.35 | 0.44 | 0.47 | — |
| Correlation with S&P 500 | 0.71 | 0.82 | 0.80 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ANGL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 163 | −17.3% | +7.3% | +32.8% | 82% |
| 3-year (a year) | 139 | −0.1% | +7.5% | +12.6% | 99% |
| 5-year (a year) | 115 | +2.1% | +6.1% | +12.0% | 100% |
| 10-year (a year) | 55 | +5.2% | +6.0% | +7.8% | 100% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
ANGL performance overview
VanEck Fallen Angel High Yield Bond ETF (ANGL) returned −0.4% over the past year and +5.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +6.4% a year, turning $10,000 into about $24,798. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −29.3%, from Feb 14, 2020 to Mar 19, 2020, and it took 4 months to get back to the old high. ANGL finished 10 of its 13 full calendar years with a gain; the best year was 2016 (+25.7%) and the worst 2022 (−14.3%). Volatility has been 8.5% a year.
Related: ANGL chart, ANGL dividends, ANGL bond profile. See the ANGL overview for the latest quote and fund facts.
ANGL performance FAQ
What is the ANGL return over the past year?
ANGL returned −0.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.7%.
What is the average annual return of ANGL?
ANGL has returned +2.2% a year over 5 years, +5.0% a year over 10 years, +6.4% a year since April 11, 2012 (total return, distributions reinvested).
How much would $10,000 invested in ANGL be worth?
$10,000 invested in ANGL at its first recorded close on April 11, 2012 would be worth about $24,798 on October 23, 2026 with distributions reinvested.
What was the worst year for ANGL?
The worst calendar year was 2022, with a total return of −14.3%. The best was 2016 at +25.7%.
What is the biggest drawdown of ANGL?
The largest peak-to-trough decline was −29.3% between February 14, 2020 and March 19, 2020. It recovered to the old high on July 21, 2020, 4 months after the bottom.
How volatile is ANGL?
Over the past 3 years ANGL had an annualized volatility of 6.1% and a Sharpe ratio of 0.50 (excess return over 1–3 month T-bills per unit of risk).