iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)

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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.

iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) has returned -0.16% so far this year and 6.71% over the past 12 months. Over the last ten years, SHYG has returned 5.34% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 17, 2013, SHYG's average daily return is +0.02%, while the average monthly return is +0.37%. At this rate, your investment would double in approximately 15.6 years.

Historically, 70% of months were positive and 30% were negative. The best month was Jul 2022 with a return of +4.7%, while the worst month was Mar 2020 at -10.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SHYG closed higher 52% of trading days. The best single day was Apr 9, 2020 with a return of +5.5%, while the worst single day was Mar 9, 2020 at -4.2%.

iShares 0-5 Year High Yield Corporate Bond ETF has an annualized alpha of 1.21%, beta of 0.27, and R² of 0.57 versus S&P 500 Index. Calculated based on daily prices since October 18, 2013.

• This ETF participated in 28.63% of S&P 500 Index downside but only 27.01% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.27 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

SHYG has an expense ratio of 0.30%, placing it in the medium range.

SHYG ranks 76 for risk / return — better than 76% 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.

The table below present risk-adjusted performance metrics for iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) and compare them to a chosen benchmark (S&P 500 Index).

iShares 0-5 Year High Yield Corporate Bond ETF provided a 7.07% dividend yield over the last twelve months, with an annual payout of $2.99 per share. The fund has been increasing its distributions for 4 consecutive years.

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.

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 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 0.76%.

The chart below shows the rolling one-month volatility.