ANGL vs FLHY: Differences, Returns & Fees

ANGL's duration was 4.5 years on Jul 31, 2026 and FLHY's 3.1 on Jun 30, 2026; ANGL charges 0.25% to FLHY's 0.40%. Net assets: $3.0bn on Oct 19, 2026 for VanEck Fallen Angel High Yield Bond ETF, and $1.2bn on Oct 20, 2026 for Franklin High Yield Corporate ETF.

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Answers cite the figures on this page.

ANGL costs 0.15 points a year less; their one-year returns differ by 3.2 points; ANGL is 2.4 times larger.

ANGL vs FLHY: Differences, Returns & Fees
ANGLFLHY
Expense ratio0.25%0.40%
Net assets$2.9bn$1.2bn
Total return, 1 year−1.2%+2.0%
What it tracksICE US Fallen Angel High Yield 10% Constrained IndexNo index, actively managed
Holdings in common1%
Below its high5.1%, high on Aug 25, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

−1.2%
ANGL total return, 1 year
+2.0%
FLHY total return, 1 year
0.25%
ANGL expense ratio
0.40%
FLHY expense ratio

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Client brief · page 1 of 2Report BR-FC480D81B5

ANGL and FLHY are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. ANGL follows ICE US Fallen Angel High Yield 10% Constrained Index and FLHY follows No index, actively managed.
  2. Holdings in common. 1% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 ANGL returned −1.2% and FLHY +2.0% with distributions reinvested, a gap of 3.2 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 FLHY hold 1% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

half

1% in common

Positions both hold, largest shared weight first
Holding ANGL FLHY
Paramount Global, due Sep 1, 2043 0.89% 0.32%
Transocean International Ltd, due Mar 15, 2038 0.93% 0.29%
Paramount Global, due Mar 15, 2043 0.89% 0.08%
Whirlpool Corp, due Jun 1, 2046 0.46% 0.02%
Only in ANGL
Nissan Motor Co Ltd, due Sep 17, 2027 3.42%
Vodafone Group PLC, due Apr 4, 2079 3.33%
Nissan Motor Co Ltd, due Sep 17, 2030 3.23%
Entegris Inc, due Apr 15, 2029 2.55%
Dresdner Funding Trust I, due Jun 30, 2031 1.73%
Celanese US Holdings LLC, due Nov 15, 2033 1.71%
Celanese US Holdings LLC, due Nov 15, 2030 1.70%
Celanese US Holdings LLC, due Jul 15, 2032 1.69%
Only in FLHY
DVA 4.625 06/01/30 144A, due Jun 1, 2030 0.93%
AROC 6 02/01/34 144A, due Feb 1, 2034 0.89%
SKX 10 07/15/33 144a, due Jul 15, 2033 0.87%
THS 7.75 02/11/33 144A, due Feb 11, 2033 0.85%
PETM 7.5 09/15/32, due Sep 15, 2032 0.83%
APLD 9.25 12/15/30 144A, due Dec 15, 2030 0.83%
KEDRIM 6.5 09/01/29 144A, due Sep 1, 2029 0.81%
PSDO 7.5 06/01/31 144A, due Jun 1, 2031 0.81%

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On the same fields

ANGL
VanEck Fallen Angel High Yield Bond ETF
FLHY
Franklin High Yield Corporate ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year −1.2% +2.0%
Its benchmark over the same days not measured +1.2% (USHY)
Gap to its benchmark not measured +0.8 pts vs USHY
Expense ratio 0.25% 0.40%
Holdings 132 289
Net assets, ANGL as of Oct 19, 2026 and FLHY as of Oct 20, 2026 $3.0bn $1.2bn

ANGL and FLHY 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 FLHY

FLHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.0% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA U.S. High Yield Constrained Index. The prospectus expense ratio is 0.40% a year.

Questions people ask

Which returned more over the last year, ANGL or FLHY?
In the year to Oct 20, 2026, with distributions reinvested, ANGL returned −1.2% and FLHY +2.0%.
Which is cheaper, ANGL or FLHY?
ANGL is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, ANGL against FLHY, data as of Oct 20, 2026. https://etfiq.com/compare/any/angl-vs-flhy

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.