|Day Lo||-||Day Hi||-|
This ETF offers exposure to high yield or junk bonds, a corner of the domestic fixed income market that has appeal to risk tolerant investors interested in boosting the current returns derived from their bond portfolios. As such, ANGL can have appeal both to investors building a long-term portfolio or to those looking to make a tactical allocation to this corner of the market. Because junk bonds are generally excluded from broad-based fixed income ETFs such as AGG or BND, this product can be a tool for rounding out the fixed income side of a portfolio. ANGL is unique from many other products in the High Yield Bonds ETFdb Category in that it focuses exclusively on debt that was rated as investment grade at time of issuance but has since been downgraded to junk status. Given that objective, ANGL will tend to be concentrated at the higher end of the credit quality spectrum, and may hold bonds that are more likely to be upgraded back to investment grade status (which would generally involve a jump in price). This ETF is a bit more expensive than some of the competing junk bond ETFs out there, but still very cheap given the investment objective.
The adjacent table gives investors an individual Realtime Rating for ANGL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the High Yield Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|Corporate Senior Note||60.38%|
|Corporate Senior Debenture||3.52%|
|Corporate Senior Subordinated Note||0.86%|
|Corporate Subordinated Note||0.85%|
|Corporate Junior Subordinated Note||0.57%|
|Corporate Preferred Stock||0.29%|
|Corporate Unsecured Note||0.28%|
|0% to 1%||0.0%|
|1% to 2%||0.0%|
|2% to 3%||1.49%|
|3% to 4%||8.51%|
|4% to 5%||16.41%|
|5% to 6%||14.64%|
|6% to 7%||16.58%|
|7% to 8%||10.25%|
|8% to 9%||4.54%|
|9% to 10%||0.63%|
|Greater Than 10%||0.0%|
|Less Than 1 Year||0.0%|
This ETF is not currently available for commission free trading on any platforms.
There are 4 other ETFs in the High Yield Bonds ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of ANGL relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.