- ISIN
- US72201R7834
- CUSIP
- 72201R783
- Issuer
- PIMCO
- Inception Date
- Jun 16, 2011
- Region
- Developed Markets (Broad)
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- ICE BofA US High Yield Constrained (0-5 Y)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $2B
Share Price Chart
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Performance
HYS Performance Chart
PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) is up 1.5% since the beginning of the year. HYS is currently trading at $93 per share. Investors who bought $1,000 worth of HYS shares 5 years ago would now be looking at an investment worth $1,279.
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Returns By Period
PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has returned 1.53% so far this year and 7.04% over the past 12 months. Over the last ten years, HYS has returned 5.40% per year, falling short of the S&P 500 Index benchmark, which averaged 13.53% annually.
PIMCO 0-5 Year High Yield Corporate Bond Index ETF
- 1D
- 0.40%
- 1M
- 0.70%
- YTD
- 1.53%
- 6M
- 2.01%
- 1Y
- 7.04%
- 3Y*
- 8.56%
- 5Y*
- 5.05%
- 10Y*
- 5.40%
Benchmark (S&P 500 Index)
- 1D
- 1.75%
- 1M
- -0.09%
- YTD
- 8.02%
- 6M
- 7.15%
- 1Y
- 22.78%
- 3Y*
- 19.45%
- 5Y*
- 11.73%
- 10Y*
- 13.53%
HYS Monthly Returns History
Based on dividend-adjusted daily data since Jun 17, 2011, HYS's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.
Historically, 68% of months were positive and 32% were negative. The best month was Oct 2011 with a return of +5.3%, while the worst month was Mar 2020 at -11.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.
On a daily basis, HYS closed higher 54% of trading days. The best single day was Apr 9, 2020 with a return of +5.0%, while the worst single day was Mar 18, 2020 at -4.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.38% | -0.20% | -0.57% | 1.34% | 0.52% | 0.05% | 1.53% | ||||||
| 2025 | 1.30% | 1.11% | -1.23% | -0.20% | 1.83% | 1.66% | 0.38% | 1.20% | 0.85% | 0.15% | 0.70% | 0.76% | 8.80% |
| 2024 | 0.25% | 0.50% | 0.87% | -0.90% | 1.39% | 0.60% | 1.98% | 1.38% | 1.53% | -0.58% | 1.67% | -0.52% | 8.42% |
| 2023 | 2.95% | -1.01% | 1.37% | 0.24% | -0.47% | 1.75% | 0.94% | 0.46% | -0.76% | -0.84% | 3.67% | 2.66% | 11.38% |
| 2022 | -1.85% | -0.21% | -0.33% | -2.55% | 1.00% | -5.54% | 4.88% | -2.42% | -2.33% | 2.87% | 2.74% | -1.35% | -5.42% |
| 2021 | -0.34% | 0.58% | 1.47% | 0.63% | 0.24% | 0.97% | -0.28% | 0.49% | -0.02% | 0.04% | -1.02% | 1.93% | 4.77% |
Benchmark Metrics
PIMCO 0-5 Year High Yield Corporate Bond Index ETF has an annualized alpha of 1.80%, beta of 0.25, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since June 17, 2011.
- This ETF participated in 33.26% of S&P 500 Index downside but only 30.39% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.25 may look defensive, but with R2 of 0.49 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 0.49 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.80%
- Beta
- 0.25
- R²
- 0.49
- Upside Capture
- 30.39%
- Downside Capture
- 33.26%
Expense Ratio
HYS has an expense ratio of 0.56%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HYS ranks 79 for risk / return — better than 79% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HYS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.75 | 2.52 | +1.24 |
| Martin ratioReturn relative to average drawdown | 15.24 | 11.31 | +3.93 |
Dividends
Dividend History
PIMCO 0-5 Year High Yield Corporate Bond Index ETF provided a 7.35% dividend yield over the last twelve months, with an annual payout of $6.86 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.86 | $6.83 | $6.96 | $5.99 | $4.47 | $3.71 | $4.44 | $4.97 | $4.41 | $5.03 | $5.13 | $4.78 |
Dividend yield | 7.35% | 7.20% | 7.43% | 6.44% | 5.01% | 3.74% | 4.52% | 4.98% | 4.64% | 5.01% | 5.13% | 5.22% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO 0-5 Year High Yield Corporate Bond Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.60 | $0.59 | $0.53 | $0.56 | $0.57 | $2.85 | ||||||
| 2025 | $0.00 | $0.60 | $0.52 | $0.55 | $0.58 | $0.57 | $0.49 | $0.57 | $0.57 | $0.52 | $0.62 | $1.24 | $6.83 |
| 2024 | $0.00 | $0.53 | $0.57 | $0.56 | $0.60 | $0.60 | $0.55 | $0.58 | $0.62 | $0.55 | $0.60 | $1.20 | $6.96 |
| 2023 | $0.00 | $0.44 | $0.45 | $0.48 | $0.48 | $0.52 | $0.52 | $0.46 | $0.49 | $0.55 | $0.53 | $1.07 | $5.99 |
| 2022 | $0.00 | $0.26 | $0.29 | $0.30 | $0.33 | $0.34 | $0.40 | $0.35 | $0.42 | $0.44 | $0.38 | $0.96 | $4.47 |
| 2021 | $0.00 | $0.36 | $0.36 | $0.37 | $0.36 | $0.33 | $0.32 | $0.31 | $0.26 | $0.26 | $0.26 | $0.52 | $3.71 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO 0-5 Year High Yield Corporate Bond Index ETF. 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 PIMCO 0-5 Year High Yield Corporate Bond Index ETF was 20.91%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -20.91%Mar 2020 | 1mo 9d | 8mo 6d | 9mo 15dFeb 2020 - Nov 2020 |
2016 correction2016 | -12.30%Feb 2016 | 8mo 14d | 3mo 28d | 1y 7dJun 2015 - Jun 2016 |
Bear market2022 | -10.61%Jun 2022 | 5mo 11d | 1y 1mo | 1y 6moJan 2022 - Jul 2023 |
2011 pullback2011 | -8.31%Oct 2011 | 2mo 9d | 3mo 10d | 5mo 19dJul 2011 - Jan 2012 |
Rate-hike selloffLate 2018 | -5.46%Dec 2018 | 2mo 22d | 1mo 27d | 4mo 19dOct 2018 - Feb 2019 |
Drawdown Indicators
| HYS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.91% | -56.78% | +35.87% |
Max Drawdown (1Y)Largest decline over 1 year | -1.88% | -9.10% | +7.22% |
Max Drawdown (3Y)Largest decline over 3 years | -4.98% | -18.90% | +13.92% |
Max Drawdown (5Y)Largest decline over 5 years | -10.61% | -25.43% | +14.82% |
Max Drawdown (10Y)Largest decline over 10 years | -20.91% | -33.92% | +13.01% |
Current DrawdownCurrent decline from peak | 0.00% | -2.83% | +2.83% |
Average DrawdownAverage peak-to-trough decline | -1.53% | -10.72% | +9.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 2.02% | -1.56% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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