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Upturn AI SWOT - About
iShares Fallen Angels USD Bond ETF (FALN)
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Upturn Advisory Summary
10/02/2025: FALN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 13.85% | Avg. Invested days 70 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/02/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.84 | 52 Weeks Range 24.54 - 27.06 | Updated Date 06/29/2025 |
52 Weeks Range 24.54 - 27.06 | Updated Date 06/29/2025 |
Upturn AI SWOT
iShares Fallen Angels USD Bond ETF
ETF Overview
Overview
The iShares Fallen Angels USD Bond ETF (FALN) seeks to track the investment results of an index composed of USD-denominated corporate bonds that were rated investment grade when issued but are currently rated below investment grade. It targets the fallen angel bond sector, providing exposure to bonds that have been downgraded. The investment strategy focuses on holding bonds that meet the index criteria.
Reputation and Reliability
BlackRock is a reputable and reliable issuer, known for managing a wide range of ETFs and investment products globally.
Management Expertise
BlackRock has extensive experience and expertise in managing fixed-income portfolios, including ETFs focused on specific credit ratings and sectors.
Investment Objective
Goal
The primary investment goal of FALN is to track the investment results of an index composed of USD-denominated corporate bonds that were rated investment grade at issuance but are now rated below investment grade.
Investment Approach and Strategy
Strategy: FALN aims to track the ICE US Fallen Angel High Yield 10% Capped Index, providing exposure to fallen angel bonds.
Composition The ETF holds USD-denominated corporate bonds that were originally investment grade but have been downgraded to below investment grade (high yield).
Market Position
Market Share: FALN holds a significant market share within the fallen angel bond ETF sector.
Total Net Assets (AUM): 324000000
Competitors
Key Competitors
- VanEck Fallen Angel High Yield Bond ETF (ANGL)
Competitive Landscape
The competitive landscape is primarily between FALN and ANGL. FALN has a larger AUM. ANGL offers a similar investment strategy, but the index tracked is slightly different, leading to performance variations.
Financial Performance
Historical Performance: Historical performance data should be reviewed to understand the ETF's returns over various periods (e.g., 1-year, 3-year, 5-year, and 10-year).
Benchmark Comparison: Comparing FALN's performance to the ICE US Fallen Angel High Yield 10% Capped Index is crucial to assess its tracking effectiveness.
Expense Ratio: 0.25
Liquidity
Average Trading Volume
The average trading volume of FALN indicates sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread of FALN is generally tight, reflecting good trading efficiency.
Market Dynamics
Market Environment Factors
Economic conditions, credit spreads, interest rate movements, and overall market sentiment towards high-yield bonds affect FALN's performance.
Growth Trajectory
The growth trajectory of FALN depends on the number of companies downgraded from investment grade to high yield and investor demand for exposure to this sector; strategic changes are not frequent but portfolio adjustments are ongoing.
Moat and Competitive Advantages
Competitive Edge
FALN's competitive edge lies in its established presence and brand recognition in the fallen angel bond ETF market, backed by BlackRock's management expertise and lower expense ratio compared to its competitor ANGL. It offers a targeted investment strategy with transparent index tracking, appealing to investors seeking exposure to downgraded corporate bonds. The ETF's relatively larger AUM enhances liquidity, making it an attractive option for investors.
Risk Analysis
Volatility
FALN's volatility is typically higher than investment-grade bond ETFs due to the higher risk associated with high-yield bonds.
Market Risk
Market risk is associated with changes in interest rates, credit spreads, and overall economic conditions impacting high-yield bond valuations.
Investor Profile
Ideal Investor Profile
The ideal investor for FALN is someone seeking higher potential returns than investment-grade bonds but is comfortable with the increased risk associated with high-yield debt. Investors seeking diversification and potential capital appreciation through exposure to the fallen angel bond sector would be suitable.
Market Risk
FALN is suitable for long-term investors seeking yield and diversification, as well as those who understand and can tolerate the volatility associated with high-yield bonds.
Summary
The iShares Fallen Angels USD Bond ETF (FALN) provides targeted exposure to USD-denominated corporate bonds that have been downgraded from investment grade to high yield. BlackRock's management and relatively lower expense ratio offer advantages to its competitor. The ETF's performance is influenced by credit spreads and economic conditions, making it suitable for investors with a higher risk tolerance seeking yield. Investors should consider potential volatility and market risks before investing in FALN.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares website
- Morningstar
- ETF.com
Disclaimers:
Data and analysis are based on available information and are subject to change. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Fallen Angels USD Bond ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index. The index is designed to reflect the performance of U.S. dollar denominated, high yield corporate bonds that were previously rated investment grade.
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