Market Vectors Fallen Angel High Yield Bond ETF (NYSEArca: ANGL)
30-day SEC Yield: 4.66%
Comment: The combination of decent-by-comparison credit profiles and their cast aside status helps make fallen angels a potentially potent value proposition. Said another way, ANGL’s holdings were once investment-grade bonds that lost that designation. However, fallen angels have also displayed a tendency to return to investment-graded faster than bonds issued with junk ratings, giving this ETF solid capital appreciation potential.