ANGL vs QQQ
VanEck Fallen Angel High Yield Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. ANGL offers more diversification with 132 holdings.
Side-by-Side Comparison
| Metric | ANGL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.18% | |
| AUM | $3.1B | $496.3B | |
| Dividend Yield | 6.49% | 0.44% | |
| Holdings | 132 | 108 | |
| YTD Return | +2.52% | +16.64% | |
| 1Y Return | +6.23% | +27.27% | |
| 3Y Return (annualized) | +8.84% | +25.96% | |
| 5Y Return (annualized) | +3.20% | +14.54% | |
| Volatility (annualized) | 8.5% | 30.6% | |
| Max Drawdown | -29.6% | -83.0% | |
| Fund Family | VanEck | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Apr 10, 2012 | Mar 10, 1999 |
ANGL vs QQQ Performance
VanEck Fallen Angel High Yield Bond ETF (ANGL) is a ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ANGL returned +6.23% while QQQ returned +27.27%. Year to date, ANGL is up 2.52% versus a gain of 16.64% for QQQ.
Over three years, ANGL compounded at +8.84% per year against +25.96% for QQQ; over five years the annualized figures are +3.20% and +14.54% respectively. Across the full 14-year window we track, QQQ has the edge at +13.03% annualized vs +3.20%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 8.5% for ANGL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.6% for ANGL and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ANGL charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, ANGL currently yields 6.49% against 0.44% for QQQ.
Holdings Overlap
ANGL and QQQ share 0 holdings out of 224 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ANGL or QQQ?
ANGL has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, ANGL or QQQ?
Over the past year ANGL returned +6.23% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (14 years), ANGL annualized +3.20% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, ANGL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 8.5% for ANGL. Worst drawdown: ANGL -29.6% vs QQQ -83.0%.
Should I hold both ANGL and QQQ?
ANGL and QQQ have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ANGL and QQQ?
ANGL and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 224 unique securities.
Which pays a higher dividend, ANGL or QQQ?
ANGL yields 6.49% while QQQ yields 0.44%, so ANGL currently pays the higher dividend yield.
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