FALN vs ANGL: Holdings Overlap
FALNiShares Fallen Angels USD Bond ETF
iShares · 161 holdings · $1.6B · as of 2026-04-30
ANGLVanEck Fallen Angel High Yield Bond ETF
VanEck · 132 holdings · $3.1B · as of 2026-04-30
How similar are FALN and ANGL?
iShares Fallen Angels USD Bond ETF (FALN, by iShares) holds 161 positions; VanEck Fallen Angel High Yield Bond ETF (ANGL, by VanEck) holds 132. They have 126 holdings in common, and by portfolio weight the two funds are 68.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 68.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 126FALN holds 161 · ANGL holds 132
- Weight in Shared Holdings
- FALN 81%·ANGL 92%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FALN
35 of 161 positions (16.2% of the fund) are not held by ANGL. Showing the top 30 by weight.
- GFL Environmental Inc2.15%
- United Rentals North America Inc1.54%
- Horizon Mutual Holdings Inc1.18%
- Alcoa Nederland Holding BV1.02%
- Liberty Mutual Group Inc1.02%
- Constellation Insurance Inc0.68%
Only in ANGL
6 of 132 positions (6.3% of the fund) are not held by FALN.
- Entegris Inc2.50%
- Dresdner Funding Trust I1.70%
- DPL LLC/Ohio0.61%
- BlackRock TCP Capital Corp0.51%
- Oceaneering International Inc0.47%
- Resorts World Las Vegas LLC / RWLV Capital Inc0.47%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FALN | -0.0% | +2.7% | +6.6% | +8.8% | +3.6% | +6.1% | 6.52% |
| ANGL | +0.2% | +2.7% | +6.4% | +8.2% | +3.1% | +5.9% | 6.51% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FALN vs ANGL →
Shared Holdings(126)
The top 10 shared positions account for 20% of the overlap, led by Vodafone Group PLC, Resorts World Las Vegas LLC / RWLV Capital Inc and PacifiCorp.
| Vodafone Group PLC | 2.99% | 3.28% | 2.99% |
|---|---|---|---|
| Resorts World Las Vegas LLC / RWLV Capital Inc | 1.84% | 1.41% | 1.41% |
| PacifiCorp | 1.78% | 1.36% | 1.36% |
| Huntsman International LLC | 1.48% | 1.13% | 1.13% |
| Perrigo Finance Unlimited Co | 1.47% | 1.12% | 1.12% |
| Methanex Corp | 1.44% | 1.09% | 1.09% |
| VF Corp | 1.21% | 1.07% | 1.07% |
| Nordstrom Inc | 1.10% | 1.06% | 1.06% |
| Nissan Motor Co Ltd | 1.05% | 3.43% | 1.05% |
| Nissan Motor Co Ltd | 1.00% | 3.25% | 1.00% |
| Transocean International Ltd | 1.22% | 0.93% | 0.93% |
| Newell Brands Inc | 1.18% | 0.91% | 0.91% |
| Bombardier Inc | 1.18% | 0.88% | 0.88% |
| Rockies Express Pipeline LLC | 0.99% | 0.85% | 0.85% |
| Aptiv Swiss Holdings Ltd | 1.06% | 0.81% | 0.81% |
| Navient Corp | 1.05% | 0.80% | 0.80% |
| Rockies Express Pipeline LLC | 0.92% | 0.79% | 0.79% |
| Telecom Italia Capital SA | 0.79% | 0.89% | 0.79% |
| Fluor Corp | 1.25% | 0.79% | 0.79% |
| Whirlpool Corp | 0.78% | 1.06% | 0.78% |
| Diversified Healthcare Trust | 1.01% | 0.77% | 0.77% |
| Telecom Italia Capital SA | 0.76% | 0.86% | 0.76% |
| Nordstrom Inc | 0.79% | 0.75% | 0.75% |
| Advance Auto Parts Inc | 0.97% | 0.74% | 0.74% |
| Telecom Italia Capital SA | 0.73% | 0.82% | 0.73% |
Frequently Asked Questions
How much do FALN and ANGL overlap?
FALN and ANGL overlap by 68.2% of portfolio weight. They share 126 holdings (FALN holds 161 positions and ANGL holds 132), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FALN and ANGL?
The two portfolios are 68.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of FALN and ANGL?
The largest positions held by both funds are Vodafone Group PLC, Resorts World Las Vegas LLC / RWLV Capital Inc, PacifiCorp, Huntsman International LLC and Perrigo Finance Unlimited Co. Together the top 10 shared positions account for 20% of the total overlap.
What does FALN own that ANGL doesn't?
35 positions (16.2% of FALN) are unique to FALN, led by GFL Environmental Inc, United Rentals North America Inc and Horizon Mutual Holdings Inc. In the other direction, 6 positions (6.3% of ANGL) are unique to ANGL.