iShares Fallen Angels USD Bond ETF
$25.77−0.03 (−0.10%)
- 0.25%
- $1.72B
- +0.5%
- 6.80%
- 912K sh
- low $25.55high $27.68
The ETF.net FALN Grade
B
Score 69 out of 100
- 23 of 85
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A79 out of 100Rank 18 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A91 out of 100Rank 38 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 77 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B63 out of 100Rank 23 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 57 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 7 of 85
Our read on FALN
In short
BDowngrades are the shopping list. FALN holds dollar bonds that were investment grade until the ratings cut, keeps any one issuer to 3% of the index, and charges 0.25% for it. Roughly 160 bonds, income paid monthly.
Stated mandate
The Fund seeks to track an index of U.S. dollar-denominated high-yield corporate bonds that were previously rated investment grade.
Why people hold it
Worth knowing
FALN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FALN$10,049
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FALN |
|---|---|
| Year to date | −0.3% |
| 1 month | +0.6% |
| 3 months | −2.1% |
| 1 year | +0.5% |
| 3 years | +8.5% |
| 5 years | +2.8% |
| 10 years | +5.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FALN |
|---|---|---|
| 2026 YTD | −0.3% | |
| 2025 | +8.9% | |
| 2024 | +7.7% | |
| 2023 | +13.5% | |
| 2022 | −13.8% | |
| 2021 | +5.4% | |
| 2020 | +14.9% |
FALN in the news
FALN Dividends
- 6.80%
- $1.76
- $0.15 per share
- Monthly
FALN Risk
- 6.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.65
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.86
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FALN Cost
Overpaying vs SCYB, cheapest in US High Yield
$4,521
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FALN 0.25%
$5,159
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | FALN | SCYB | Overpaying |
|---|---|---|---|
| 10 | $455 | $55 | $400 |
| 20 | $1,769 | $216 | $1,553 |
| 30 | $5,159 | $638 | $4,521 |
Other funds in US High Yield
- BHYXFiShares ESG Advanced High Yield Corporate Bond ETFExpense ratio 0.35%1 year return +1.4%
- BQHYWisdomTree U.S. High Yield Corporate Bond FundExpense ratio 0.38%1 year return +2.4%
- BHYGiShares iBoxx $ High Yield Corporate Bond ETFExpense ratio 0.49%1 year return +1.6%
- BANGLVanEck Fallen Angel High Yield Bond ETFExpense ratio 0.25%1 year return +0.1%
- BNUHYNuveen ESG High Yield Corporate BondExpense ratio 0.30%1 year return +0.7%
