iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)
SHYG is a passive ETF by iShares tracking the investment results of the Markit iBoxx USD Liquid High Yield 0-5 Index. SHYG launched on Oct 15, 2013 and has a 0.30% expense ratio.
ETF Info
| ISIN | US46434V4077 |
|---|---|
| CUSIP | 46434V407 |
| Issuer | iShares |
| Inception Date | Oct 15, 2013 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | Markit iBoxx USD Liquid High Yield 0-5 Index |
| Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
SHYG features an expense ratio of 0.30%, falling within the medium range.
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: SHYG vs. HYG, SHYG vs. SPHY, SHYG vs. SJNK, SHYG vs. LQD, SHYG vs. DBMF, SHYG vs. GHYG, SHYG vs. SHY, SHYG vs. VOO, SHYG vs. VCIT, 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.
Returns By Period
iShares 0-5 Year High Yield Corporate Bond ETF had a return of 7.81% year-to-date (YTD) and 11.44% in the last 12 months. Over the past 10 years, iShares 0-5 Year High Yield Corporate Bond ETF had an annualized return of 4.27%, while the S&P 500 had an annualized return of 11.11%, indicating that iShares 0-5 Year High Yield Corporate Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.81% | 23.08% |
| 1 month | 0.20% | 0.48% |
| 6 months | 5.38% | 10.70% |
| 1 year | 11.44% | 30.22% |
| 5 years (annualized) | 4.41% | 13.50% |
| 10 years (annualized) | 4.27% | 11.11% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.47% | 0.47% | 0.93% | -0.79% | 1.14% | 0.59% | 1.85% | 1.35% | 1.43% | -0.46% | 7.81% | ||
| 2023 | 2.74% | -1.02% | 1.38% | 0.31% | -0.81% | 1.67% | 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% | 0.70% | 0.25% | 0.84% | -0.06% | 0.48% | -0.04% | 0.06% | -1.01% | 1.64% | 4.61% |
| 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% |
| 2019 | 4.06% | 0.98% | 0.67% | 0.77% | -1.41% | 1.99% | 0.17% | 0.25% | 0.47% | 0.00% | 0.08% | 1.57% | 9.93% |
| 2018 | 0.30% | -0.40% | 0.26% | 0.49% | 0.10% | 0.39% | 1.17% | 0.64% | 0.64% | -1.39% | -0.24% | -1.87% | 0.03% |
| 2017 | 0.78% | 1.10% | 0.02% | 0.71% | 0.76% | 0.11% | 0.72% | 0.05% | 0.54% | 0.19% | -0.48% | 0.49% | 5.11% |
| 2016 | -1.10% | 1.32% | 1.88% | 2.07% | 0.98% | 1.33% | 1.29% | 1.37% | 0.84% | -0.10% | 0.35% | 1.69% | 12.54% |
| 2015 | 0.23% | 1.87% | -0.37% | 0.71% | 0.51% | -1.00% | -0.99% | -1.44% | -2.32% | 2.41% | -1.81% | -1.50% | -3.76% |
| 2014 | 0.28% | 0.83% | 0.25% | 0.27% | 0.06% | 0.64% | -1.11% | 1.14% | -1.65% | 0.89% | -0.50% | -0.73% | 0.33% |
| 2013 | 0.60% | 0.48% | 0.90% | 1.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SHYG is 96, placing it in the top 4% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
iShares 0-5 Year High Yield Corporate Bond ETF provided a 6.76% dividend yield over the last twelve months, with an annual payout of $2.91 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.91 | $2.76 | $2.28 | $2.19 | $2.30 | $2.47 | $2.63 | $2.59 | $2.62 | $2.30 | $2.11 | $0.43 |
Dividend yield | 6.76% | 6.54% | 5.57% | 4.84% | 5.07% | 5.32% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.23 | $0.23 | $0.25 | $0.24 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.26 | $2.44 | |
| 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 | $0.18 | $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 | $0.21 | $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 | $2.11 |
| 2013 | $0.43 | $0.43 |
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.
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 19.27%, occurring on Mar 23, 2020. Recovery took 167 trading sessions.
The current iShares 0-5 Year High Yield Corporate Bond ETF drawdown is 0.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.27% | Feb 18, 2020 | 25 | Mar 23, 2020 | 167 | Nov 17, 2020 | 192 |
| -10.32% | Jun 1, 2015 | 178 | Feb 11, 2016 | 102 | Jul 8, 2016 | 280 |
| -9.38% | Dec 28, 2021 | 116 | Jun 13, 2022 | 271 | Jul 13, 2023 | 387 |
| -5.15% | Jun 24, 2014 | 123 | Dec 16, 2014 | 77 | Apr 9, 2015 | 200 |
| -5.04% | Oct 3, 2018 | 57 | Dec 24, 2018 | 25 | Jan 31, 2019 | 82 |
Volatility
Volatility Chart
The current iShares 0-5 Year High Yield Corporate Bond ETF volatility is 0.92%, 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.