FALN Performance — iShares Fallen Angels USD Bond ETF
Data updated: 2026-09-25
FALN returned +1.83% year to date and +6.20% over one year to Jul 2026. Annualised returns are +8.44% over 3 years and +3.45% over 5 years. The fund beat its High Yield Bond category average: $100 invested three years ago grew to $128, against $123 for the category, and to $106 over one year, against $105. Volatility over the past three years was 5.49% a year. In the 12 months to Jul 2026 the fund lost a net $218.8M, and assets reached $1.61B.
FALN Growth of $100
What $100 invested in iShares Fallen Angels USD Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | FALN | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $128 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $118 | $118 |
| Since data start (Aug 2019 – Jul 2026) | $148 | $132 |
FALN Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.83% |
| 1 year | +6.20% |
| 3 years (annualised) | +8.44% |
| 5 years (annualised) | +3.45% |
FALN Annual Returns
Calendar-year total returns of iShares Fallen Angels USD Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.83% |
| 2025 | +8.92% |
| 2024 | +7.45% |
| 2023 | +14.03% |
| 2022 | −13.58% |
| 2021 | +5.77% |
| 2020 | +14.42% |
| 2019 (Aug–Dec) | +4.09% |
FALN Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +0.9% | −2.9% | +2.3% | +0.7% | +0.8% | −0.5% | — | — | — | — | — |
| 2025 | +1.3% | +0.4% | −0.6% | −1.3% | +1.6% | +2.6% | +0.4% | +1.7% | +1.8% | 0.0% | +0.4% | +0.3% |
| 2024 | +0.8% | 0.0% | +1.4% | −1.5% | +1.0% | +0.2% | +2.4% | +1.7% | +1.4% | −0.8% | +1.3% | −0.7% |
| 2023 | +3.7% | −1.4% | +0.3% | +0.9% | −0.5% | +2.1% | +1.4% | +0.2% | −1.7% | −0.9% | +5.7% | +3.7% |
| 2022 | −3.9% | −1.7% | −1.0% | −4.0% | −0.3% | −6.5% | +4.9% | −1.1% | −4.3% | +1.1% | +2.9% | 0.0% |
| 2021 | +0.4% | +0.2% | −0.4% | +1.6% | +0.3% | +1.8% | +1.0% | +0.6% | −0.1% | +0.2% | −1.4% | +1.6% |
| 2020 | +0.7% | −1.5% | −15.9% | +10.5% | +4.8% | +2.9% | +5.4% | +1.4% | −1.6% | +1.0% | +5.6% | +2.6% |
| 2019 | — | — | — | — | — | — | — | +0.3% | +0.2% | +0.6% | +0.4% | +2.6% |
FALN Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.49%
- 3-year Sharpe ratio: 0.72 (vs 4.5% risk-free rate)
- Best month: +5.67% (Nov 2023)
- Worst month: −2.89% (Mar 2026)
FALN Fund Flows
Monthly money in and out of iShares Fallen Angels USD Bond ETF, from SEC Form N-PORT.
- 12-month net flow: −$218.8M
- 12-month gross sales (incl. reinvestments): $517.9M
- Sales ÷ redemptions: 0.70×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $58.2M | $54.0M | $4.2M |
| Jun 2026 | $8.1M | $39.1M | −$30.9M |
| May 2026 | $0 | $167.1M | −$167.1M |
| Apr 2026 | $77.6M | $36.7M | $40.9M |
| Mar 2026 | $155.9M | $192.2M | −$36.3M |
| Feb 2026 | $21.9M | $46.9M | −$25.0M |
| Jan 2026 | $8.3M | $8.2M | $44K |
| Dec 2025 | $95.8M | $6.8M | $89.0M |
| Nov 2025 | $13.7M | $50.9M | −$37.2M |
| Oct 2025 | $23.5M | $48.3M | −$24.8M |
| Sep 2025 | $27.7M | $66.0M | −$38.3M |
| Aug 2025 | $27.2M | $20.4M | $6.8M |
FALN Assets Under Management
Net assets of iShares Fallen Angels USD Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.61B |
| 2026-04-30 | $1.82B |
| 2026-01-31 | $1.86B |
| 2025-10-31 | $1.82B |
| 2025-07-31 | $1.84B |
| 2025-04-30 | $1.71B |
| 2025-01-31 | $1.98B |
| 2024-10-31 | $1.82B |
| 2024-07-31 | $1.68B |
| 2024-04-30 | $1.62B |
| 2024-01-31 | $1.66B |
| 2023-10-31 | $1.25B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.