Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist (GBHY.L)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist (GBHY.L) has returned -0.79% so far this year and 7.48% over the past 12 months.

Based on dividend-adjusted daily data since Jan 16, 2023, GBHY.L's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, your investment would double in approximately 10.2 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2023 with a return of +5.0%, while the worst month was Mar 2026 at -2.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, GBHY.L closed higher 53% of trading days. The best single day was Dec 14, 2023 with a return of +2.0%, while the worst single day was Apr 4, 2025 at -1.6%.

Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist has an annualized alpha of 5.07%, beta of 0.12, and R² of 0.10 versus S&P 500 Index. Calculated based on daily prices since January 17, 2023.

• This ETF participated in 33.76% of S&P 500 Index downside but only 33.14% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.12 may look defensive, but with R² of 0.10 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.10 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GBHY.L has an expense ratio of 0.25%, which is considered low.

GBHY.L ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist (GBHY.L) and compare them to a chosen benchmark (S&P 500 Index).

Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist provided a 6.65% dividend yield over the last twelve months, with an annual payout of $0.38 per share.

The table displays the monthly dividend distributions for Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist was 5.09%, occurring on Mar 15, 2023. Recovery took 60 trading sessions.

The current Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist drawdown is 1.81%.

The chart below shows the rolling one-month volatility.