iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IHYE.L)

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iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IHYE.L) is up 1.0% since the beginning of the year. IHYE.L is currently trading at €4 per share. Investors who bought €1,000 worth of IHYE.L shares 5 years ago would now be looking at an investment worth €1,086.

iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IHYE.L) has returned 1.01% so far this year and 4.16% over the past 12 months.

Based on dividend-adjusted daily data since Mar 6, 2018, IHYE.L's average daily return is +0.01%, while the average monthly return is +0.21%. At this rate, an investment would double in approximately 27.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Jul 2022 with a return of +6.3%, while the worst month was Mar 2020 at -9.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, IHYE.L closed higher 36% of trading days. The best single day was Apr 9, 2020 with a return of +7.1%, while the worst single day was Mar 12, 2020 at -6.7%.

iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (Dist) has an annualized alpha of 0.04%, beta of 0.18, and R2 of 0.18 versus S&P 500 Index. Calculated based on daily prices since March 06, 2018.

• This ETF participated in 38.61% of S&P 500 Index downside but only 22.80% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.18 may look defensive, but with R2 of 0.18 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 0.18 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.

IHYE.L has an expense ratio of 0.55%, placing it in the medium range.

IHYE.L ranks 42 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (Dist) provided a 6.19% dividend yield over the last twelve months, with an annual payout of €0.24 per share.

The table displays the monthly dividend distributions for iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (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 iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (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 iShares $ High Yield Corp Bond UCITS ETF EUR Hedged (Dist) was 22.54%, occurring on Mar 23, 2020. Recovery took 160 trading sessions.

The chart below shows the rolling one-month volatility.