ANGL vs JPHY: Differences, Returns & Fees

ANGL's duration was 4.5 years on Jul 31, 2026 and JPHY's 2.6 on May 31, 2026; ANGL charges 0.25% to JPHY's 0.45%. Net assets: $3.0bn on Oct 19, 2026 for VanEck Fallen Angel High Yield Bond ETF, and $2.2bn on Oct 20, 2026 for JPMorgan Active High Yield ETF.

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Answers cite the figures on this page.

ANGL costs 0.20 points a year less; their one-year returns differ by 3.3 points; ANGL is 1.3 times larger.

ANGL vs JPHY: Differences, Returns & Fees
ANGLJPHY
Expense ratio0.25%0.45%
Net assets$2.9bn$2.2bn
Total return, 1 year−1.2%+2.1%
What it tracksICE US Fallen Angel High Yield 10% Constrained IndexNo index, actively managed
Holdings in common0%
Below its high5.1%, 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
+2.1%
JPHY total return, 1 year
0.25%
ANGL expense ratio
0.45%
JPHY expense ratio

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Client brief · page 1 of 2Report BR-D514C765F8

ANGL and JPHY 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 JPHY follows No index, actively managed.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 ANGL returned −1.2% and JPHY +2.1% with distributions reinvested, a gap of 3.3 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 JPHY hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding ANGL JPHY
Bombardier Inc, due May 1, 2034 0.90% 0.11%
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 JPHY
CCO Holdings LLC, due Feb 1, 2032 1.09%
Royal Caribbean Cruises Ltd., due Feb 1, 2033 1.03%
Live Nation Entertainment, Inc., due May 15, 2027 0.82%
Venture Global LNG, Inc., due Feb 1, 2032 0.80%
CCO Holdings LLC, due Jun 1, 2033 0.78%
Ford Motor Credit Co. LLC, due Aug 17, 2027 0.75%
CCO Holdings LLC, due Mar 1, 2030 0.73%
American Airlines, Inc., due Apr 20, 2029 0.71%

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On the same fields

ANGL
VanEck Fallen Angel High Yield Bond ETF
JPHY
JPMorgan Active High Yield ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year −1.2% +2.1%
Its benchmark over the same days not measured +1.2% (USHY)
Gap to its benchmark not measured +0.9 pts vs USHY
Expense ratio 0.25% 0.45%
Holdings 132 574
Net assets, ANGL as of Oct 19, 2026 and JPHY as of Oct 20, 2026 $3.0bn $2.2bn

ANGL and JPHY 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 JPHY

JPHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.1% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA US High Yield Constrained Index. The prospectus expense ratio is 0.45% a year.

Questions people ask

Which returned more over the last year, ANGL or JPHY?
In the year to Oct 20, 2026, with distributions reinvested, ANGL returned −1.2% and JPHY +2.1%.
Which is cheaper, ANGL or JPHY?
ANGL is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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