ANGL vs SPY

Comparison between VANECK FALLEN ANGEL HIGH YIELD BOND ETF (ANGL, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed ANGL, delivering a return of +13.3% compared to +3.5%

ANGL vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ANGL(ETF)	SPY(ETF)
Net Assets	$3B	$652B
Expense Ratio	0.25%	0.09%
Max Drawdown	29.58%	56.47%
Sharpe Ratio	1.34	2.07
5Y Beta	0.26	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	6.29%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

ANGL

$3B

Winner

SPY

$652B

Expense Ratio

ANGL

0.25%

Winner

SPY

0.09%

Max Drawdown

Winner

ANGL

29.58%

SPY

56.47%

Sharpe Ratio

ANGL

1.34

Winner

SPY

2.07

5Y Beta

Winner

ANGL

0.26

SPY

1.00

P/E Ratio

ANGL

N/A

SPY

28.24

Forward P/E

ANGL

N/A

SPY

21.85

5Y Dividends CAGR

Winner

ANGL

6.29%

SPY

5.43%

5Y EPS CAGR

ANGL

N/A

SPY

25.79%

Debt to Equity

ANGL

N/A

SPY

22.35%

P/S Ratio

ANGL

N/A

SPY

3.55

P/B Ratio

ANGL

N/A

SPY

5.29

ANGL vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	ANGL	SPY
1 month	+0.64%	+9.11%
3 months	+0.32%	+6.59%
6 months	+2.86%	+10.56%
1 year	+10.04%	+32.04%
5 years(CAGR)	+3.47%	+13.35%
10 years(CAGR)	+6.50%	+15.49%
Max(CAGR)	+6.84%	+8.50%

ANGL

+0.64%

Winner

SPY

+9.11%

ANGL

+0.32%

Winner

SPY

+6.59%

ANGL

+2.86%

Winner

SPY

+10.56%

ANGL

+10.04%

Winner

SPY

+32.04%

5Y(CAGR)

ANGL

+3.47%

Winner

SPY

+13.35%

10Y(CAGR)

ANGL

+6.50%

Winner

SPY

+15.49%

Max(CAGR)

ANGL

+6.84%

Winner

SPY

+8.50%

ANGL vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ANGL	SPY
2026	+1.38%	+8.27%
2025	+9.01%	+18.00%
2024	+6.39%	+25.59%
2023	+12.34%	+26.72%
2022	-14.00%	-18.64%
2021	+7.04%	+30.52%
2020	+12.97%	+17.28%
2019	+17.76%	+31.09%
2018	-5.75%	-5.24%
2017	+9.29%	+20.78%
2016	+25.20%	+13.59%
2015	-1.17%	+1.31%
2014	+2.98%	+14.56%
2013	+6.64%	+29.00%
2012	+11.85%	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

ANGL vs SPY Drawdown Comparison

The maximum drawdown for ANGL was -29.31%, occurring on Mar 19, 2020. Recovery took 108 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current ANGL drawdown is -0.35%.

Rank	ANGL	SPY
#1	-29.31% Feb 14, 2020 - Jul 21, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-19.26% Nov 9, 2021 - Aug 16, 2024	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-13.10% Jun 1, 2015 - Apr 19, 2016	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-9.92% Apr 19, 2013 - Mar 3, 2014	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-8.78% Jan 24, 2018 - Feb 25, 2019	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-5.48% Mar 10, 2025 - Jun 3, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-5.45% Sep 4, 2014 - Feb 12, 2015	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-4.77% Oct 24, 2016 - Dec 13, 2016	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-4.05% Feb 19, 2026 - Mar 27, 2026	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-3.92% Sep 2, 2020 - Nov 4, 2020	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.70% Feb 12, 2021 - Jun 1, 2021	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-3.01% Apr 19, 2012 - Jun 21, 2012	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.57% Mar 1, 2017 - Apr 4, 2017	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.51% Jul 30, 2019 - Aug 29, 2019	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.44% May 6, 2019 - Jun 18, 2019	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ANGL and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

ANGL vs SPY dividend yield comparison.

Year	ANGL	SPY
2026	2.16%	0.24%
2025	6.20%	1.07%
2024	6.29%	1.21%
2023	5.27%	1.40%
2022	4.72%	1.65%
2021	3.90%	1.20%
2020	4.67%	1.52%
2019	5.19%	1.75%
2018	5.99%	2.04%
2017	5.25%	1.80%
2016	5.34%	2.03%
2015	5.81%	2.06%
2014	6.80%	1.87%
2013	6.10%	1.81%
2012	4.74%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%