PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Inc EUR Hedged (STHE.L) Sharpe Ratio: 1.15
STHE.L's Sharpe Ratio of 1.15 indicates that for each unit of volatility, it generates 1.15 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 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.
STHE.L Sharpe Ratio Rank
STHE.L ranks above 60.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-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
- Above-average risk-adjusted returns with room for improvement
- Compare against category peers to gauge relative positioning
- Monitor for movement toward top tier or decline toward median
- Consider pairing with top-tier holdings to improve portfolio efficiency
STHE.L Sharpe Ratio Market Positioning
The chart shows STHE.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%): 0.49 or lower
- Yellow zone (middle 50%): 0.49 to 1.44
- Green zone (top 25%): 1.44 or higher
- Top 1%: 5.91+
- Median: 0.98 — half of all investments score higher
How it compares to other similar ETFs
The table compares PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Inc EUR Hedged's Sharpe Ratio with other ETFs in the High Yield Bonds category across multiple time periods, showing how STHE.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 Apr 2, 2026.
| Symbol | Name | 1Y Sharpe Ratio | 5Y Sharpe Ratio | 10Y Sharpe Ratio | All Time Sharpe Ratio |
|---|---|---|---|---|---|
| STHY.L | PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Income | 1.80 | |||
| JHYU.L | JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF USD Hedged (acc) | 1.65 | |||
| IHYU.L | iShares USD High Yield Corporate Bond UCITS ETF | 1.56 | |||
| GHYU.L | Lyxor Global High Yield Sustainable Exposure UCITS ETF - Acc | 1.56 | |||
| JHYP.L | JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) | 1.55 | |||
| EHYG.L | iShares € High Yield Corp Bond ESG SRI UCITS ETF GBP Hedged (Acc) | 1.53 | |||
| GBHY.L | Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist | 1.48 | |||
| SDHA.L | iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) | 1.44 | |||
| UHYC.L | Lyxor ESG USD High Yield (DR) UCITS ETF - Acc | 1.40 | |||
| SDHY.L | iShares $ Short Duration High Yield Corp Bond UCITS ETF USD Dist | 1.36 | |||
| STHE.L | PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Inc EUR Hedged | 1.15 |
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Explore STHE.L risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.