FALN: iShares Fallen Angels USD Bond ETF
About
FALN was created on 2016-06-14 by iShares. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 1788.03m in AUM and 186 holdings. FALN tracks a market value weighted index of bonds that were rated investment grade at issuance", but later downgraded to sub-investment grade.
Current Value
$27.061 Year Return
Current Value
$27.061 Year Return
Key Details
Assets Under Management
$1.84B
Div Yield %
6.08%
P/E Ratio
-
Net Asset Value
$26.94
Expense Ratio
0.25%
1Y ETF Return
0.13%
Strategies that include FALN
Stock's related to FALN
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NLY | 66.21% | $11.07B | +11.39% | 13.23% |
| AGNC | 65.51% | $8.56B | +9.64% | 14.95% |
| ARR | 63.06% | $1.05B | +8.10% | 16.27% |
| AES | 54.33% | $9.78B | -17.86% | 5.04% |
| CHMI | 53.08% | $84.12M | -31.97% | 22.58% |
| NEP | 50.74% | $1.48B | -32.95% | 22.91% |
| XWDIX | 50.37% | - | - | 11.82% |
| AVNS | 47.80% | $818.03M | -16.00% | 0.00% |
| GFI | 42.97% | $13.42B | +10.06% | 2.63% |
| PODD | 42.69% | $18.38B | +44.49% | 0.00% |
| CIG | 38.99% | $3.88B | +7.91% | 0.00% |
| VIV | 38.25% | $14.69B | -9.96% | 0.00% |
| ABEV | 37.98% | $34.29B | -20.15% | 6.94% |
| ASAI | 37.87% | $1.65B | -53.36% | 0.00% |
| FTDR | 37.66% | $4.10B | +59.73% | 0.00% |
| KOF | 37.13% | $4.13B | -7.43% | 4.24% |
| UGP | 36.78% | $3.51B | -35.98% | 3.88% |
| NLOP | 36.32% | $458.04M | +94.60% | 0.00% |
| ANIK | 36.07% | $249.56M | -17.52% | 0.00% |
| GRAL | 35.78% | $459.22M | -13.00% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ALXO | 0.07% | $64.87M | -86.56% | 0.00% |
| CHD | -0.15% | $27.18B | +19.50% | 1.03% |
| BCAN | 0.28% | $72.87M | -99.75% | 0.00% |
| SIGI | 0.32% | $5.90B | -4.96% | 1.47% |
| BACK | -0.34% | $1.76M | -32.90% | 0.00% |
| EG | -0.39% | $15.92B | -8.98% | 2.02% |
| MNOV | 0.39% | $93.19M | +2.15% | 0.00% |
| IBKR | -0.39% | $20.20B | +131.83% | 0.37% |
| LTM | -0.46% | $8.51B | -100.00% | <0.01% |
| DOGZ | 0.46% | $614.77M | +1,372.26% | 0.00% |
| FATBB | 0.49% | $81.94M | -12.91% | 11.69% |
| TPST | -0.91% | $37.75M | -77.59% | 0.00% |
| CYCN | 0.96% | $4.77M | -16.19% | 0.00% |
| POAI | 1.04% | $4.29M | -78.60% | 0.00% |
| BTCT | -1.06% | $42.61M | +353.33% | 0.00% |
| IMNN | 1.14% | $10.02M | -22.89% | 0.00% |
| INSM | 1.22% | $13.19B | +202.50% | 0.00% |
| EDSA | 1.40% | $7.11M | -21.79% | 0.00% |
| UNH | -1.42% | $531.00B | +6.93% | 1.37% |
| NHTC | 1.45% | $61.83M | +0.19% | 14.81% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PRPO | -16.03% | $9.10M | -13.65% | 0.00% |
| MCK | -12.09% | $78.15B | +35.51% | 0.42% |
| PGR | -11.27% | $149.10B | +57.29% | 0.45% |
| TEM | -10.93% | $8.50B | 0.00% | 0.00% |
| HUM | -8.95% | $33.45B | -45.22% | 1.25% |
| NEUE | -8.84% | $40.93M | -34.13% | 0.00% |
| OXBR | -8.32% | $19.05M | +178.18% | 0.00% |
| MNR | -7.57% | $1.66B | -10.71% | 15.90% |
| CME | -5.82% | $82.76B | +9.21% | 1.98% |
| HQY | -5.78% | $8.97B | +52.15% | 0.00% |
| PRPH | -5.61% | $18.14M | -82.61% | 0.00% |
| QXO | -5.05% | $6.51B | -35.95% | 0.00% |
| LITB | -5.00% | $35.48M | -75.45% | 0.00% |
| RNR | -4.71% | $13.74B | +23.09% | 0.58% |
| ACGL | -4.54% | $36.00B | +16.84% | 0.00% |
| LPTH | -4.52% | $62.27M | +33.05% | 0.00% |
| LPLA | -3.85% | $23.55B | +38.13% | 0.38% |
| TCTM | -3.80% | $8.10M | -42.99% | 0.00% |
| CBOE | -3.79% | $21.46B | +15.84% | 1.11% |
| ALAR | -3.60% | $89.09M | +158.08% | 0.00% |
ETF's related to FALN
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| ANGL | 95.04% | $3.06B | 0.25% |
| HYDB | 91.09% | $1.07B | 0.35% |
| PHB | 90.83% | $421.45M | 0.5% |
| NUHY | 85.74% | $89.47M | 0.31% |
| BSJQ | 85.06% | $773.39M | 0.42% |
| FLHY | 83.84% | $592.12M | 0.4% |
| AOK | 82.21% | $617.23M | 0.15% |
| VWOB | 82.10% | $5.40B | 0.2% |
| DIAL | 81.66% | $368.52M | 0.28% |
| JPMB | 81.55% | $585.28M | 0.39% |
| AOM | 81.39% | $1.43B | 0.15% |
| HYLS | 81.04% | $1.64B | 1.02% |
| BSJS | 80.87% | $293.93M | 0.42% |
| EMHC | 80.40% | $284.53M | 0.23% |
| BINC | 80.36% | $6.32B | 0.4% |
| IBHG | 79.79% | $175.24M | 0.35% |
| BYLD | 79.61% | $232.64M | 0.15% |
| EMHY | 79.58% | $448.75M | 0.5% |
| GEMD | 79.39% | $66.91M | 0.39% |
| PCY | 78.94% | $1.33B | 0.5% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| CORN | 0.15% | $61.12M | 0.2% |
| MINT | 0.27% | $11.62B | 0.35% |
| BOXX | 0.79% | $4.43B | 0.1949% |
| WEAT | -1.12% | $120.27M | 0.28% |
| BILZ | -1.15% | $563.02M | 0.14% |
| DBA | -1.44% | $755.88M | 0.93% |
| DBMF | -1.66% | $1.02B | 0.85% |
| KCCA | -2.28% | $220.51M | 0.87% |
| DBO | 2.32% | $217.57M | 0.77% |
| TAIL | 2.46% | $67.98M | 0.59% |
| TBLL | 3.07% | $1.92B | 0.08% |
| KRBN | 3.31% | $242.47M | 0.85% |
| FMF | -3.47% | $244.61M | 0.95% |
| CSHI | 3.94% | $482.85M | 0.38% |
| CANE | 4.09% | $17.72M | 0.29% |
| DBE | -4.21% | $50.13M | 0.77% |
| CLOI | 4.64% | $715.40M | 0.4% |
| JBBB | 5.48% | $1.26B | 0.49% |
| AGZD | -6.31% | $142.76M | 0.23% |
| HIGH | 6.59% | $302.78M | 0.51% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USDU | -53.68% | $201.97M | 0.5% |
| BTAL | -51.75% | $388.04M | 1.43% |
| UUP | -49.36% | $309.25M | 0.77% |
| CTA | -45.13% | $350.27M | 0.78% |
| VIXY | -39.72% | $195.31M | 0.85% |
| KMLM | -15.47% | $353.87M | 0.9% |
| EQLS | -12.62% | $76.08M | 1% |
| HDRO | -8.36% | $164.26M | 0.3% |
| AGZD | -6.31% | $142.76M | 0.23% |
| DBE | -4.21% | $50.13M | 0.77% |
| FMF | -3.47% | $244.61M | 0.95% |
| KCCA | -2.28% | $220.51M | 0.87% |
| DBMF | -1.66% | $1.02B | 0.85% |
| DBA | -1.44% | $755.88M | 0.93% |
| BILZ | -1.15% | $563.02M | 0.14% |
| WEAT | -1.12% | $120.27M | 0.28% |
| CORN | 0.15% | $61.12M | 0.2% |
| MINT | 0.27% | $11.62B | 0.35% |
| BOXX | 0.79% | $4.43B | 0.1949% |
| DBO | 2.32% | $217.57M | 0.77% |
News
SeekingAlpha
Despite widespread concerns about whether the Federal Reserve could hike rates enough to lower inflation without sparking a recession, the economy has remained resilient.
SeekingAlpha
Results varied at the sector level on a total-return basis, but all spread products enjoyed positive excess returns versus Treasurys. Click to read.
SeekingAlpha
In recent years, valuations across both equity and high yield credit markets have increased markedly and have become a key focal point. Click to read.
SeekingAlpha
Central banks across the US, UK and Europe have shifted to an easing phase, signaling a change in the credit cycle. Read more here.
SeekingAlpha
Fallen angels underperformed the broad high yield market in October by 0.29%, driven mostly by the rise in rates throughout the month, increasing the YTD underperformance to 2.14%.
SeekingAlpha
With inflation cooling and the Federal Reserve transitioning from rate hikes to a cycle of rate cuts, bonds are poised to perform well in 2025.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.