- CUSIP
- 97717Y808
- Issuer
- WisdomTree
- Inception Date
- May 18, 2017
- Region
- North America (U.S.)
- Category
- Short-Term Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg U.S. Short Aggregate Enhanced Yield Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $43M
Share Price Chart
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Performance
SHAG Performance Chart
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) is up 0.4% since the beginning of the year. SHAG is currently trading at $47 per share. Investors who bought $1,000 worth of SHAG shares 5 years ago would now be looking at an investment worth $1,084.
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Returns By Period
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) has returned 0.38% so far this year and 3.48% over the past 12 months.
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF
- 1D
- -0.09%
- 1M
- 0.19%
- YTD
- 0.38%
- 6M
- 0.52%
- 1Y
- 3.48%
- 3Y*
- 4.73%
- 5Y*
- 1.62%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SHAG Monthly Returns History
Based on dividend-adjusted daily data since Aug 24, 2017, SHAG's average daily return is +0.01%, while the average monthly return is +0.18%. At this rate, an investment would double in approximately 32.1 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2020 with a return of +1.9%, while the worst month was Sep 2022 at -2.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 9 months.
On a daily basis, SHAG closed higher 51% of trading days. The best single day was Mar 23, 2020 with a return of +1.2%, while the worst single day was Mar 20, 2020 at -1.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.38% | 0.65% | -0.87% | 0.22% | 0.20% | -0.19% | 0.38% | ||||||
| 2025 | 0.54% | 0.94% | 0.48% | 0.59% | 0.20% | 0.88% | -0.20% | 1.09% | 0.40% | 0.40% | 0.55% | 0.24% | 6.27% |
| 2024 | 0.37% | -0.42% | 0.48% | -0.72% | 0.89% | 0.60% | 1.45% | 1.09% | 0.86% | -1.00% | 0.69% | -0.03% | 4.30% |
| 2023 | 1.34% | -1.39% | 1.68% | 0.37% | -0.42% | -0.35% | 0.37% | 0.18% | -0.42% | -0.05% | 1.67% | 1.58% | 4.61% |
| 2022 | -1.19% | -0.66% | -2.00% | -1.34% | 0.68% | -0.88% | 1.22% | -1.60% | -2.05% | -0.34% | 1.67% | 0.01% | -6.37% |
| 2021 | -0.12% | -0.41% | -0.17% | 0.34% | 0.24% | -0.14% | 0.46% | -0.17% | -0.32% | -0.41% | -0.10% | -0.12% | -0.91% |
Benchmark Metrics
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF has an annualized alpha of 1.90%, beta of 0.02, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since August 24, 2017.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (7.99%) than losses (6.07%) - typical of diversified or defensive assets.
- Beta of 0.02 may look defensive, but with R2 of 0.02 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 0.02 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.
- Alpha
- 1.90%
- Beta
- 0.02
- R²
- 0.02
- Upside Capture
- 7.99%
- Downside Capture
- 6.07%
Expense Ratio
SHAG has an expense ratio of 0.12%, which is considered low.
Return for Risk
Risk / Return Rank
SHAG ranks 58 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) 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.
| SHAG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 2.78 | -0.25 |
| Martin ratioReturn relative to average drawdown | 8.61 | 12.44 | -3.83 |
Dividends
Dividend History
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF provided a 4.28% dividend yield over the last twelve months, with an annual payout of $2.03 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.03 | $2.08 | $2.12 | $1.44 | $0.64 | $0.46 | $1.20 | $1.36 | $1.25 | $0.38 |
Dividend yield | 4.28% | 4.33% | 4.49% | 3.04% | 1.38% | 0.92% | 2.33% | 2.71% | 2.56% | 0.77% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond 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 | $0.20 | $0.15 | $0.18 | $0.17 | $0.17 | $0.00 | $0.86 | ||||||
| 2025 | $0.18 | $0.16 | $0.20 | $0.19 | $0.19 | $0.15 | $0.19 | $0.18 | $0.14 | $0.18 | $0.16 | $0.17 | $2.08 |
| 2024 | $0.15 | $0.14 | $0.16 | $0.15 | $0.18 | $0.18 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.22 | $2.12 |
| 2023 | $0.07 | $0.08 | $0.10 | $0.11 | $0.12 | $0.13 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.16 | $1.44 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.64 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.10 | $0.46 |
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 WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond 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 WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF was 9.62%, occurring on Oct 20, 2022. Recovery took 447 trading sessions.
The current WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF drawdown is 0.64%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -9.62%Oct 2022 | 1y 2mo | 1y 9mo | 2y 12moAug 2021 - Aug 2024 |
COVID crash2020 | -5.80%Mar 2020 | 11d | 2mo 1d | 2mo 12dMar 2020 - May 2020 |
2018 pullback2018 | -1.79%May 2018 | 8mo 12d | 7mo 10d | 1y 3moSep 2017 - Dec 2018 |
2026 pullback2026 | -1.38%Mar 2026 | 24d | — | 3mo 23dMar 2026 - now |
2024 pullback2024 | -1.23%Nov 2024 | 1mo 21d | 2mo 13d | 4mo 4dSep 2024 - Jan 2025 |
Drawdown Indicators
| SHAG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.62% | -56.78% | +47.16% |
Max Drawdown (1Y)Largest decline over 1 year | -1.38% | -9.10% | +7.72% |
Max Drawdown (3Y)Largest decline over 3 years | -1.38% | -18.90% | +17.52% |
Max Drawdown (5Y)Largest decline over 5 years | -9.62% | -25.43% | +15.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.64% | -1.80% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -1.87% | -10.71% | +8.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 2.03% | -1.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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