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iShares 1-3 Year Treasury Bond ETF (SHY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS4642874576
CUSIP464287457
IssueriShares
Inception DateJul 22, 2002
RegionNorth America (U.S.)
CategoryGovernment Bonds
Leveraged1x
Index TrackedBarclays Capital U.S. 1-3 Year Treasury Bond Index
Home Pagewww.ishares.com
Asset ClassBond

Expense Ratio

SHY has an expense ratio of 0.15%, which is considered low compared to other funds.


Expense ratio chart for SHY: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Share Price Chart


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Compare to other instruments

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


Popular comparisons: SHY vs. SHV, SHY vs. VGSH, SHY vs. SGOV, SHY vs. BIL, SHY vs. IEF, SHY vs. TLT, SHY vs. BSV, SHY vs. GOVT, SHY vs. VV, SHY vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares 1-3 Year Treasury Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
2.97%
11.72%
SHY (iShares 1-3 Year Treasury Bond ETF)
Benchmark (^GSPC)

Returns By Period

iShares 1-3 Year Treasury Bond ETF had a return of 3.32% year-to-date (YTD) and 5.31% in the last 12 months. Over the past 10 years, iShares 1-3 Year Treasury Bond ETF had an annualized return of 1.19%, while the S&P 500 had an annualized return of 11.05%, indicating that iShares 1-3 Year Treasury Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date3.32%20.10%
1 month-0.70%0.34%
6 months2.97%11.72%
1 year5.31%32.68%
5 years (annualized)1.17%13.33%
10 years (annualized)1.19%11.05%

Monthly Returns

The table below presents the monthly returns of SHY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.32%-0.39%0.34%-0.44%0.72%0.54%1.18%0.89%0.77%-0.62%3.32%
20230.78%-0.81%1.65%0.24%-0.38%-0.49%0.30%0.41%-0.08%0.33%1.05%1.10%4.16%
2022-0.69%-0.43%-1.40%-0.50%0.60%-0.59%0.41%-0.81%-1.19%-0.13%0.69%0.12%-3.88%
20210.02%-0.06%-0.06%0.06%0.06%-0.17%0.16%-0.03%-0.10%-0.34%-0.06%-0.21%-0.71%
20200.58%0.88%1.24%0.27%-0.08%0.02%0.09%-0.02%0.00%-0.05%0.02%0.04%3.03%
20190.25%0.09%0.63%0.18%0.72%0.46%-0.06%0.78%-0.13%0.31%-0.05%0.15%3.38%
2018-0.29%-0.10%0.25%-0.23%0.35%0.04%-0.06%0.35%-0.14%0.15%0.38%0.76%1.46%
20170.11%0.04%0.06%0.19%0.07%-0.08%0.19%0.20%-0.19%-0.09%-0.22%-0.02%0.26%
20160.65%0.11%0.14%0.04%-0.12%0.60%-0.05%-0.23%0.13%-0.05%-0.47%0.07%0.82%
20150.63%-0.29%0.25%0.03%0.04%0.03%0.04%-0.05%0.29%-0.14%-0.26%-0.15%0.43%
20140.20%0.04%-0.11%0.11%0.18%-0.08%-0.08%0.19%-0.07%0.26%0.10%-0.29%0.45%
20130.01%0.06%0.03%0.07%-0.13%-0.10%0.16%-0.10%0.22%0.07%0.09%-0.18%0.22%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SHY is 81, placing it in the top 19% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of SHY is 8181
Combined Rank
The Sharpe Ratio Rank of SHY is 8383Sharpe Ratio Rank
The Sortino Ratio Rank of SHY is 9191Sortino Ratio Rank
The Omega Ratio Rank of SHY is 8989Omega Ratio Rank
The Calmar Ratio Rank of SHY is 6363Calmar Ratio Rank
The Martin Ratio Rank of SHY is 7878Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares 1-3 Year Treasury Bond ETF (SHY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


SHY
Sharpe ratio
The chart of Sharpe ratio for SHY, currently valued at 2.76, compared to the broader market-2.000.002.004.002.76
Sortino ratio
The chart of Sortino ratio for SHY, currently valued at 4.45, compared to the broader market0.005.0010.004.45
Omega ratio
The chart of Omega ratio for SHY, currently valued at 1.58, compared to the broader market1.001.502.002.503.001.58
Calmar ratio
The chart of Calmar ratio for SHY, currently valued at 2.10, compared to the broader market0.005.0010.0015.0020.002.10
Martin ratio
The chart of Martin ratio for SHY, currently valued at 16.18, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.18
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.88, compared to the broader market-2.000.002.004.002.88
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.82, compared to the broader market0.005.0010.003.82
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market1.001.502.002.503.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.52, compared to the broader market0.005.0010.0015.0020.003.52
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.62, compared to the broader market0.0020.0040.0060.0080.00100.00120.0018.62

Sharpe Ratio

The current iShares 1-3 Year Treasury Bond ETF Sharpe ratio is 2.76. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of iShares 1-3 Year Treasury Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.76
2.88
SHY (iShares 1-3 Year Treasury Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares 1-3 Year Treasury Bond ETF provided a 3.86% dividend yield over the last twelve months, with an annual payout of $3.17 per share. The fund has been increasing its distributions for 2 consecutive years.


0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.50$1.00$1.50$2.00$2.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$3.17$2.45$1.06$0.22$0.81$1.79$1.44$0.82$0.60$0.45$0.31$0.22

Dividend yield

3.86%2.99%1.30%0.26%0.94%2.12%1.72%0.98%0.71%0.54%0.36%0.26%

Monthly Dividends

The table displays the monthly dividend distributions for iShares 1-3 Year Treasury Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.24$0.24$0.27$0.26$0.26$0.27$0.27$0.29$0.27$0.28$2.66
2023$0.00$0.15$0.16$0.18$0.19$0.20$0.21$0.21$0.21$0.21$0.23$0.51$2.45
2022$0.00$0.02$0.03$0.04$0.04$0.06$0.08$0.09$0.10$0.11$0.14$0.35$1.06
2021$0.00$0.03$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.07$0.22
2020$0.00$0.13$0.13$0.11$0.07$0.07$0.06$0.05$0.05$0.04$0.04$0.06$0.81
2019$0.00$0.15$0.15$0.16$0.16$0.17$0.16$0.15$0.15$0.14$0.14$0.27$1.79
2018$0.00$0.09$0.09$0.09$0.10$0.13$0.13$0.14$0.13$0.14$0.15$0.26$1.44
2017$0.00$0.05$0.05$0.06$0.06$0.06$0.07$0.07$0.07$0.07$0.08$0.17$0.82
2016$0.00$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.11$0.60
2015$0.00$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.45
2014$0.00$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.06$0.31
2013$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04$0.22

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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.82%
-2.32%
SHY (iShares 1-3 Year Treasury Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares 1-3 Year Treasury 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 iShares 1-3 Year Treasury Bond ETF was 5.71%, occurring on Oct 20, 2022. Recovery took 405 trading sessions.

The current iShares 1-3 Year Treasury Bond ETF drawdown is 0.82%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.71%Aug 4, 2021307Oct 20, 2022405Jun 3, 2024712
-2.23%Mar 18, 200861Jun 12, 200865Sep 15, 2008126
-1.89%Mar 25, 200455Jun 14, 200490Oct 20, 2004145
-1.19%Dec 31, 2008109Jun 8, 200921Jul 8, 2009130
-1.07%Sep 8, 2017172May 15, 2018137Nov 28, 2018309

Volatility

Volatility Chart

The current iShares 1-3 Year Treasury Bond ETF volatility is 0.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.47%
3.23%
SHY (iShares 1-3 Year Treasury Bond ETF)
Benchmark (^GSPC)