PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Inc EUR Hedged (STHE.L) Sortino Ratio: 1.68
STHE.L's Sortino Ratio of 1.68 indicates that for each unit of downside volatility, it generates 1.68 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
STHE.L Sortino Ratio Rank
STHE.L ranks above 61.8% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Above-average downside protection 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 risk profile
STHE.L Sortino Ratio Market Positioning
The chart shows STHE.L's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 0.81 or lower
- Yellow zone (middle 50%): 0.81 to 2.03
- Green zone (top 25%): 2.03 or higher
- Top 1%: 9.81+
- Median: 1.44 — 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 Sortino 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 Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| STHY.L | PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Income | 2.45 | |||
| JHYU.L | JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF USD Hedged (acc) | 2.35 | |||
| EHYG.L | iShares € High Yield Corp Bond ESG SRI UCITS ETF GBP Hedged (Acc) | 2.27 | |||
| GHYU.L | Lyxor Global High Yield Sustainable Exposure UCITS ETF - Acc | 2.25 | |||
| JHYP.L | JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) | 2.19 | |||
| GBHY.L | Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist | 2.18 | |||
| IHYU.L | iShares USD High Yield Corporate Bond UCITS ETF | 2.17 | |||
| UHYC.L | Lyxor ESG USD High Yield (DR) UCITS ETF - Acc | 1.94 | |||
| SDHA.L | iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) | 1.93 | |||
| WIAU.L | iShares Fallen Angels High Yield Corporate Bond UCITS ETF USD (Acc) | 1.93 | |||
| STHE.L | PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Inc EUR Hedged | 1.68 |
Historical Sortino Ratio
The chart shows STHE.L's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when STHE.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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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.