iShares Fallen Angels USD Bond ETF (FALN)
| 30.02 Delayed Data As of Oct 25 |  +0.09 / +0.30%Today’s Change | 27.19 Today|||52-Week Range 30.44 | +2.01% Year-to-Date |
Investment Objective
The investment seeks to track the investment results of the Bloomberg US High Yield Fallen Angel 3% Capped Index composed of U.S. dollar-denominated, high yield corporate bonds that were previously rated investment grade. The fund generally will invest at least 90% of its assets in the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is designed to reflect the performance of U.S. dollar denominated, high yield corporate bonds that were previously rated investment grade.
Latest FALN News
| WFA of San Diego, LLC Buys iShares Fallen Angels USD Bond ETF, Pacer Trendpilot US Bond ETF, ... Oct 25 / GuruFocus News - Paid Partner Content | Vivid Financial Management, Inc. Buys Schwab 1-5 Year Corporate Bond ETF, iShares U.S. ... Oct 19 / GuruFocus News - Paid Partner Content |
| Western Financial Corporation Buys iShares TIPS Bond ETF, Schwab 1-5 Year Corporate Bond ETF, ... Oct 22 / GuruFocus News - Paid Partner Content | Summit X, LLC Buys iShares Global Tech ETF, iShares TIPS Bond ETF, Fidelity High Yield Factor ... Oct 19 / GuruFocus News - Paid Partner Content |
Performance
| 1 month | -0.65% | 3 years | +10.17% | |
| 3 months | +0.73% | 5 years | +8.05% | |
| 1 year | +13.15% | Since inception | +9.38% |
Data through 10/23/2021
Quote Details
| Previous close | $29.94 |
| Open day’s range | 29.91 – 30.04 |
| Net asset value (NAV) | 29.95 (10/22/2021) |
| Daily volume | 2,821,109 |
| Average volume (3 months) | 1,349,881 |
Data as of 3:59pm ET, 10/25/2021
Peer Comparisonvs. High yield bond ETFs
| FALN | Category | |
|---|---|---|
| Performance 5-yr return | +8.05% | +5.41% |
| Expense Gross exp ratio | 0.25% | 0.95% |
| Risk 5 year sharpe ratio | 0.72 | 0.63 |
| Net assets | $3.4B | $1.5B |
| Average market cap | -- | $3.3B |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.06% |
Competitors
| ANGL VanEck Fallen Angel High Yield Bond ETF |
| HYDW Xtrackers Low Beta High Yield Bond ETF |
| SPHY SPDR® Portfolio High Yield Bond ETF |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- | 1.54% |
| -- | 1.53% |
| -- | 1.45% |
| -- | 1.35% |
| -- | 1.28% |
| -- | 1.23% |
| -- | 1.20% |
| -- | 1.13% |
| -- | 0.94% |
| -- | 0.89% |
