ANGL vs HYDB: Differences, Returns & Fees

ANGL's duration was 4.5 years on Jul 31, 2026 and HYDB's 3.2 on May 31, 2026; ANGL charges 0.25% to HYDB's 0.35%. Net assets: $3.0bn on Oct 19, 2026 for VanEck Fallen Angel High Yield Bond ETF, and $1.5bn on Oct 20, 2026 for iShares High Yield Systematic Bond ETF.

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Answers cite the figures on this page.

ANGL costs 0.10 points a year less; their one-year returns differ by 1.5 points; ANGL is 2.0 times larger.

ANGL vs HYDB: Differences, Returns & Fees
ANGLHYDB
Expense ratio0.25%0.35%
Net assets$2.9bn$1.5bn
Total return, 1 year−1.2%+0.3%
What it tracksICE US Fallen Angel High Yield 10% Constrained IndexBlackRock High Yield Systematic Bond Index
Holdings in common4%
Below its high5.1%, high on Aug 25, 20263.6%, high on Aug 25, 2026

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

−1.2%
ANGL total return, 1 year
+0.3%
HYDB total return, 1 year
0.25%
ANGL expense ratio
0.35%
HYDB expense ratio

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Client brief · page 1 of 2Report BR-283792BEF7

ANGL and HYDB 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 HYDB follows BlackRock High Yield Systematic Bond Index.
  2. Holdings in common. 4% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
  3. Cost. ANGL charges 0.25% of assets a year and HYDB 0.35%, a gap of 0.10 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 HYDB hold 4% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

4% in common

Positions both hold, largest shared weight first
Holding ANGL HYDB
Paramount Global, due Apr 30, 2036 0.99% 0.77%
FS KKR Capital Corp, due Jan 15, 2030 1.11% 0.52%
VF Corp, due Apr 23, 2030 1.09% 0.49%
FS KKR Capital Corp, due Aug 15, 2029 0.97% 0.43%
Kohl's Corp, due May 1, 2031 0.54% 0.42%
Whirlpool Corp, due May 15, 2050 0.45% 0.37%
Whirlpool Corp, due Jun 1, 2046 0.46% 0.34%
Paramount Global, due Sep 1, 2043 0.89% 0.19%
Paramount Global, due May 19, 2050 0.61% 0.10%
Hudson Pacific Properties LP, due Apr 1, 2029 0.77% 0.09%
FS KKR Capital Corp, due Oct 12, 2028 1.14% 0.01%
FMC Corp, due May 18, 2053 0.63% 0.01%
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 HYDB
Level 3 Financing Inc, due Feb 15, 2037 0.76%
Cooper-Standard Automotive Inc, due Mar 1, 2031 0.76%
Core Scientific Finance I LLC, due May 15, 2031 0.75%
Coinbase Global Inc, due Oct 1, 2028 0.75%
Fair Isaac Corp, due Sep 15, 2034 0.75%
Venture Global LNG Inc, due Jun 1, 2031 0.75%
Venture Global Plaquemines LNG LLC, due May 1, 2035 0.74%
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc, due Mar 1, 2031 0.74%

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On the same fields

ANGL
VanEck Fallen Angel High Yield Bond ETF
HYDB
iShares High Yield Systematic Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year −1.2% +0.3%
Its benchmark over the same days not measured −1.6% (IUSB)
Gap to its benchmark not measured +1.9 pts vs IUSB
Expense ratio 0.25% 0.35%
Holdings 132 257
Net assets, ANGL as of Oct 19, 2026 and HYDB as of Oct 20, 2026 $3.0bn $1.5bn

ANGL and HYDB 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 HYDB

HYDB tracks an index. Over the year to Oct 20, 2026 it returned +0.3% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.35% a year. It sat 3.6% below its high of Aug 25, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, ANGL or HYDB?
In the year to Oct 20, 2026, with distributions reinvested, ANGL returned −1.2% and HYDB +0.3%.
Which is cheaper, ANGL or HYDB?
ANGL is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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