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iShares 0-5 Year High Yield Corporate Bond ETF (SH...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS46434V4077
CUSIP46434V407
IssueriShares
Inception DateOct 15, 2013
RegionNorth America (U.S.)
CategoryHigh Yield Bonds
Index TrackedMarkit iBoxx USD Liquid High Yield 0-5 Index
Home Pagewww.ishares.com
Asset ClassBond

Expense Ratio

SHYG has a high expense ratio of 0.30%, indicating higher-than-average management fees.


Expense ratio chart for SHYG: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

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.


iShares 0-5 Year High Yield Corporate Bond ETF

Popular comparisons: SHYG vs. HYG, SHYG vs. SPHY, SHYG vs. SJNK, SHYG vs. LQD, SHYG vs. DBMF, SHYG vs. GHYG, SHYG vs. SHY, SHYG vs. VCIT, SHYG vs. VOO, SHYG vs. IEF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares 0-5 Year High Yield Corporate 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.


50.00%100.00%150.00%200.00%December2024FebruaryMarchAprilMay
48.63%
206.07%
SHYG (iShares 0-5 Year High Yield Corporate Bond ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

iShares 0-5 Year High Yield Corporate Bond ETF had a return of 2.23% year-to-date (YTD) and 10.54% in the last 12 months. Over the past 10 years, iShares 0-5 Year High Yield Corporate Bond ETF had an annualized return of 3.65%, while the S&P 500 had an annualized return of 10.76%, indicating that iShares 0-5 Year High Yield Corporate Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date2.23%11.21%
1 month0.97%4.60%
6 months5.26%16.35%
1 year10.54%27.79%
5 years (annualized)3.80%13.43%
10 years (annualized)3.65%10.76%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.47%0.47%0.93%-0.80%2.23%
20232.74%-1.02%1.38%0.31%-0.81%1.66%1.09%0.34%-0.85%-0.65%3.58%2.27%10.38%
2022-1.43%-0.33%-0.43%-2.46%0.97%-5.16%4.73%-2.58%-2.10%2.80%2.76%-1.16%-4.71%
2021-0.15%0.62%1.21%0.69%0.25%0.84%-0.06%0.48%-0.04%0.06%-1.01%1.64%4.60%
2020-0.11%-1.10%-10.16%3.83%2.15%0.35%4.04%0.27%-0.48%0.33%3.11%1.67%3.15%
20194.06%0.98%0.67%0.77%-1.41%1.99%0.17%0.25%0.47%0.00%0.08%1.57%9.93%
20180.30%-0.40%0.26%0.49%0.10%0.39%1.17%0.64%0.64%-1.39%-0.24%-1.87%0.03%
20170.78%1.10%0.02%0.71%0.76%0.12%0.72%0.06%0.54%0.19%-0.48%0.49%5.11%
2016-1.10%1.32%1.88%2.07%0.98%1.32%1.29%1.37%0.84%-0.10%0.36%1.69%12.54%
20150.23%1.87%-0.37%0.71%0.51%-1.00%-0.99%-1.45%-2.32%2.41%-1.81%-1.50%-3.76%
20140.28%0.83%0.25%0.27%0.06%0.64%-1.11%1.14%-1.65%0.89%-0.50%-0.73%0.33%
20130.60%0.48%0.90%1.99%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SHYG is 91, placing it in the top 9% 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 SHYG is 9191
SHYG (iShares 0-5 Year High Yield Corporate Bond ETF)
The Sharpe Ratio Rank of SHYG is 8686Sharpe Ratio Rank
The Sortino Ratio Rank of SHYG is 9292Sortino Ratio Rank
The Omega Ratio Rank of SHYG is 9090Omega Ratio Rank
The Calmar Ratio Rank of SHYG is 9494Calmar Ratio Rank
The Martin Ratio Rank of SHYG is 9494Martin 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 0-5 Year High Yield Corporate Bond ETF (SHYG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


SHYG
Sharpe ratio
The chart of Sharpe ratio for SHYG, currently valued at 2.38, compared to the broader market0.002.004.006.002.38
Sortino ratio
The chart of Sortino ratio for SHYG, currently valued at 3.78, compared to the broader market0.005.0010.003.78
Omega ratio
The chart of Omega ratio for SHYG, currently valued at 1.46, compared to the broader market0.501.001.502.002.503.001.46
Calmar ratio
The chart of Calmar ratio for SHYG, currently valued at 3.69, compared to the broader market0.005.0010.0015.003.69
Martin ratio
The chart of Martin ratio for SHYG, currently valued at 15.11, compared to the broader market0.0020.0040.0060.0080.00100.0015.11
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.52, compared to the broader market0.002.004.006.002.52
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.56, compared to the broader market0.005.0010.003.56
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.44, compared to the broader market0.501.001.502.002.503.001.44
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.04, compared to the broader market0.005.0010.0015.002.04
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.59, compared to the broader market0.0020.0040.0060.0080.00100.009.59

Sharpe Ratio

The current iShares 0-5 Year High Yield Corporate Bond ETF Sharpe ratio is 2.38. 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 0-5 Year High Yield Corporate 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 Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.38
2.52
SHYG (iShares 0-5 Year High Yield Corporate Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares 0-5 Year High Yield Corporate Bond ETF granted a 6.55% dividend yield in the last twelve months. The annual payout for that period amounted to $2.76 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.76$2.76$2.28$2.19$2.30$2.47$2.63$2.59$2.62$2.30$2.10$0.43

Dividend yield

6.55%6.54%5.57%4.83%5.07%5.33%5.90%5.49%5.53%5.17%4.33%0.85%

Monthly Dividends

The table displays the monthly dividend distributions for iShares 0-5 Year High Yield Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.23$0.23$0.25$0.24$0.95
2023$0.00$0.24$0.23$0.26$0.22$0.23$0.22$0.21$0.23$0.23$0.23$0.46$2.76
2022$0.00$0.18$0.18$0.17$0.18$0.18$0.19$0.20$0.19$0.20$0.15$0.45$2.28
2021$0.00$0.19$0.20$0.20$0.18$0.18$0.18$0.18$0.17$0.18$0.17$0.35$2.19
2020$0.00$0.19$0.19$0.21$0.21$0.18$0.19$0.19$0.20$0.19$0.19$0.38$2.30
2019$0.00$0.21$0.20$0.21$0.20$0.21$0.21$0.20$0.21$0.20$0.21$0.41$2.47
2018$0.00$0.21$0.20$0.20$0.21$0.21$0.22$0.23$0.23$0.22$0.23$0.47$2.63
2017$0.00$0.23$0.23$0.23$0.22$0.23$0.22$0.22$0.22$0.21$0.21$0.37$2.59
2016$0.00$0.21$0.21$0.22$0.23$0.23$0.23$0.23$0.23$0.23$0.23$0.39$2.62
2015$0.00$0.19$0.17$0.18$0.18$0.17$0.18$0.20$0.21$0.22$0.21$0.40$2.30
2014$0.00$0.17$0.16$0.15$0.16$0.17$0.19$0.18$0.19$0.19$0.19$0.37$2.10
2013$0.43$0.43

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2024FebruaryMarchAprilMay
-0.28%
-0.31%
SHYG (iShares 0-5 Year High Yield Corporate Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares 0-5 Year High Yield Corporate 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 0-5 Year High Yield Corporate Bond ETF was 19.26%, occurring on Mar 23, 2020. Recovery took 167 trading sessions.

The current iShares 0-5 Year High Yield Corporate Bond ETF drawdown is 0.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.26%Feb 18, 202025Mar 23, 2020167Nov 17, 2020192
-10.32%Jun 1, 2015178Feb 11, 2016102Jul 8, 2016280
-9.39%Dec 28, 2021116Jun 13, 2022271Jul 13, 2023387
-5.15%Jun 24, 2014123Dec 16, 201477Apr 9, 2015200
-5.04%Oct 3, 201857Dec 24, 201825Jan 31, 201982

Volatility

Volatility Chart

The current iShares 0-5 Year High Yield Corporate Bond ETF volatility is 1.09%, 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.


1.00%2.00%3.00%4.00%December2024FebruaryMarchAprilMay
1.09%
3.10%
SHYG (iShares 0-5 Year High Yield Corporate Bond ETF)
Benchmark (^GSPC)