Fallen Angels ETF

ISIN: IE00BF540Z61

  • VanEck's global Fallen Angels ETF is pure-play
  • It presents the opportunity of diversification across countries, sectors and currencies
  • Reinvestment of income (accumulating)
  • 0.40% total expense ratio

Risk of Fallen Angels ETF: You may lose money up to the total loss of your investment due to Emerging Markets Risk and High Yield Securities Risk as described in the Main Risk Factors, KID and prospectus.

What Makes Fallen Angels ETF Special?

“Fallen Angel” is a jargon for bonds that have been downgraded from investment grade.

Fallen angels, on average, have historically outperformed the broad high yield corporates market.1


1When comparing ICE BofAML Global Fallen Angel High Yield Index and ICE BofAML Global High Yield Index over 3, 5 and 10 year periods. Parameters taken into consideration are credit quality, total return and annualised return. Past performance is not indicative of future results. Data starting at 31 December 2004.

The Opportunity Offered by Fallen Angels Bonds

Currently, there is a particular opportunity to invest, as the number of fallen angels grew significantly during the pandemic. As at any time of economic distress, a number of well-known companies’ bonds were downgraded. The global economy has been slowly picking up its pace since the heyday of the pandemic, however the number of Fallen Angels still has not returned to the pre-pandemic levels.

Fallen Angels ETF with Relatively Competitive Prices

At 0.4% total expense ratio, the VanEck Global Fallen Angel High Yield Bond UCITS ETF is currently the cheapest Fallen Angels ETF in Europe.

VanEck Global Fallen Angel High Yield Bond UCITS ETF

ISIN: IE00BF540Z61

  • The Fund is pure-play
  • It is fairly diversified across countries, sectors as well as currencies
  • Income reinvestment (accumulating) via Fallen Angels ETF
  • 0.40% total expense ratio

Risk indication: 4 out of 7

Lower risk: Typically lower reward

Higher risk: Typically higher reward

Main Risk Factors of Fallen Angels ETF


Because all or a portion of Fallen Angels ETF are being invested in securities denominated in foreign currencies, the Fund’s exposure to foreign currencies and changes in the value of foreign currencies versus the base currency may result in reduced returns for the Fund, and the value of certain foreign currencies may be subject to a high degree of fluctuation. 

For more information on risks, please see the “Risk Factors” section of the relevant Fund’s prospectus, available on www.vaneck.com.

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