STEA.L's Sharpe Ratio of 1.18 indicates that for each unit of volatility, it generates 1.18 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 16, 2026).
Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.
STEA.L Sharpe Ratio Rank
STEA.L ranks above 39.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with low total volatility → Higher rank
- High volatility (both upside and downside) → Lower rank
- Consistent returns → Higher rank than volatile returns of same magnitude
- Sharp drawdowns increase volatility → Lower rank
What you can do with this information
- Returns may not adequately compensate for volatility taken
- Consider smaller allocation given below-average risk-adjusted profile
- Explore higher-ranked investments with better consistency
- Assess whether the volatility profile aligns with your portfolio goals
STEA.L Sharpe Ratio Market Positioning
The chart shows STEA.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.
- Red zone (bottom 25%): 0.75 or lower
- Yellow zone (middle 50%): 0.75 to 1.91
- Green zone (top 25%): 1.91 or higher
- Top 1%: 6.41+
- Median: 1.42 — half of all investments score higher
How it compares to other similar ETFs
The table compares PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF EUR (Hedged) Acc's Sharpe Ratio with other ETFs in the High Yield Bonds category across multiple time periods, showing how STEA.L's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 16, 2026.
| Symbol | Name | 1Y Sharpe Ratio | 5Y Sharpe Ratio | 10Y Sharpe Ratio | All Time Sharpe Ratio |
|---|---|---|---|---|---|
| JHYU.L | JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF USD Hedged (acc) | 2.29 | |||
| STHY.L | PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Income | 1.85 | |||
| SDHY.L | iShares $ Short Duration High Yield Corp Bond UCITS ETF USD Dist | 1.85 | |||
| STHS.L | PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF GBP (Hedged) Inc | 1.84 | |||
| TAHY.L | Janus Henderson Haitong Asia ex-Japan High Yield Corp USD Bond Screened Core UCITS ETF Acc | 1.83 | |||
| STYC.L | PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 1.82 | |||
| IHYU.L | iShares USD High Yield Corporate Bond UCITS ETF | 1.76 | |||
| IHYA.L | iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) | 1.73 | |||
| JGHY.L | JPMorgan ETFs (Ireland) ICAV Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc | 1.72 | |||
| SDHA.L | iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) | 1.70 | |||
| STEA.L | PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF EUR (Hedged) Acc | 1.18 |
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