ANGL vs FALN: Differences, Returns & Fees
On Jul 31, 2026 ANGL's duration was 4.5 years and FALN's 4.6; both charge 0.25%. Net assets: $3.0bn on Oct 19, 2026 for VanEck Fallen Angel High Yield Bond ETF, and $1.6bn on Oct 20, 2026 for iShares Fallen Angels USD Bond ETF.
Both cost 0.25% a year; their one-year returns differ by 0.4 points; ANGL is 1.9 times larger.
Points (pts) are percentage points.
| ANGL | FALN | |
|---|---|---|
| Expense ratio | 0.25% | 0.25% |
| Net assets | $2.9bn | $1.6bn |
| Total return, 1 year | −1.2% | −0.8% |
| What it tracks | ICE US Fallen Angel High Yield 10% Constrained Index | Bloomberg US High Yield Fallen Angel 3% Capped Index |
| Holdings in common | 69% | |
| Below its high | 5.1%, high on Aug 25, 2026 | 4.4%, high on Aug 13, 2026 |
Holdings in common uses holdings dated Jul 31, 2026.
ANGL and FALN are built for the same job. How do they differ in cost, holdings and results?
- What each follows. ANGL follows ICE US Fallen Angel High Yield 10% Constrained Index and FALN follows Bloomberg US High Yield Fallen Angel 3% Capped Index.
- Holdings in common (similar). 69% of the weight is in the same securities (holdings dated Jul 31, 2026).
- One-year total return (similar). Over 1 year to Oct 20, 2026 ANGL returned −1.2% and FALN −0.8% with distributions reinvested, a gap of 0.4 points.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, ANGL and FALN hold 69% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.
half
69% in common
On the same fields
ANGL and FALN on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About ANGL
ANGL tracks an index. Over the year to Oct 20, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.25% a year. It sat 5.1% below its high of Aug 25, 2026 on Oct 20, 2026.
About FALN
FALN tracks an index. Over the year to Oct 20, 2026 it returned −0.8% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Index. It sat 4.4% below its high of Aug 13, 2026 on Oct 20, 2026.
Questions people ask
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, ANGL against FALN, data as of Oct 20, 2026. https://etfiq.com/compare/any/angl-vs-faln
ETFIQ. (Oct 20, 2026). ANGL against FALN. Retrieved from https://etfiq.com/compare/any/angl-vs-faln
[ANGL against FALN (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/angl-vs-faln)
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