Vaneck Fallen Angel Etf Profile

ANGL Etf  USD 28.96  0.02  0.07%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
VanEck Fallen is selling for 28.96 as of the 21st of November 2024. This is a 0.07 percent decrease since the beginning of the trading day. The etf's lowest day price was 28.96. VanEck Fallen has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for VanEck Fallen Angel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of February 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Fallen is traded on NYSEARCA Exchange in the United States. More on VanEck Fallen Angel

Moving together with VanEck Etf

  0.87HYG iShares iBoxx HighPairCorr
  0.9USHY iShares Broad USDPairCorr
  0.92JNK SPDR Bloomberg High Sell-off TrendPairCorr
  0.79SHYG iShares 0 5 Sell-off TrendPairCorr
  0.9HYLB Xtrackers USD HighPairCorr
  0.78SJNK SPDR Bloomberg Short Sell-off TrendPairCorr

VanEck Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCorporate ETFs, High Yield ETFs, High Yield Bond, VanEck (View all Sectors)
IssuerVan Eck
Inception Date2012-04-10
BenchmarkICE US Fallen Angel High Yield 10% Constrained Index
Entity TypeRegulated Investment Company
Asset Under Management3.06 Billion
Average Trading Valume803,538.4
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianState Street Bank and Trust Company
DistributorVan Eck Securities Corporation
Portfolio ManagerFrancis G. Rodilosso
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents123
Market MakerJane Street
Total Expense0.25
Management Fee0.25
Country NameUSA
Returns Y T D6.09
NameVanEck Fallen Angel High Yield Bond ETF
Currency CodeUSD
Open FigiBBG002VZY764
In Threey Volatility9.07
1y Volatility6.91
200 Day M A28.789
50 Day M A29.116
CodeANGL
Updated At21st of November 2024
Currency NameUS Dollar
VanEck Fallen Angel [ANGL] is traded in USA and was established 2012-04-10. The fund is listed under High Yield Bond category and is part of VanEck family. The entity is thematically classified as Corporate ETFs. VanEck Fallen Angel presently have 2.96 B in assets under management (AUM). , while the total return for the last 3 years was 0.9%.
Check VanEck Fallen Probability Of Bankruptcy

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More Details

VanEck Fallen Angel Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Fallen. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

VanEck Fallen Against Markets

When determining whether VanEck Fallen Angel is a strong investment it is important to analyze VanEck Fallen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Fallen's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Fallen Angel. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of VanEck Fallen Angel is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Fallen's value that differs from its market value or its book value, called intrinsic value, which is VanEck Fallen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Fallen's market value can be influenced by many factors that don't directly affect VanEck Fallen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Fallen's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Fallen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Fallen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.