iShares Broad USD High Yield Corporate Bond ETF (USHY)
USHY is a passive ETF by iShares tracking the investment results of the ICE BofA US High Yield Constrained. USHY launched on Oct 25, 2017 and has a 0.15% expense ratio.
ETF Info
| ISIN | US46435U8532 |
|---|---|
| CUSIP | 46435U853 |
| Issuer | iShares |
| Inception Date | Oct 25, 2017 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | ICE BofA US High Yield Constrained |
| Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
USHY has an expense ratio of 0.15%, which is considered low compared to other funds.
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: USHY vs. HYG, USHY vs. SPHY, USHY vs. JNK, USHY vs. EMHY, USHY vs. BKLN, USHY vs. SPBO, USHY vs. SPIB, USHY vs. SRLN, USHY vs. VCEB, USHY vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Broad USD 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 Broad USD High Yield Corporate Bond ETF had a return of 8.20% year-to-date (YTD) and 13.20% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.20% | 23.08% |
| 1 month | -0.10% | 0.48% |
| 6 months | 5.68% | 10.70% |
| 1 year | 13.20% | 30.22% |
| 5 years (annualized) | 4.30% | 13.50% |
| 10 years (annualized) | N/A | 11.11% |
Monthly Returns
The table below presents the monthly returns of USHY, 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 | 0.39% | 0.24% | 1.24% | -1.16% | 1.68% | 0.42% | 2.30% | 1.55% | 1.56% | -0.85% | 8.20% | ||
| 2023 | 3.65% | -1.65% | 2.26% | 0.25% | -1.10% | 1.85% | 1.24% | 0.31% | -1.53% | -0.93% | 4.68% | 3.27% | 12.72% |
| 2022 | -2.86% | -0.71% | -1.34% | -4.22% | 1.68% | -7.26% | 6.64% | -3.89% | -3.85% | 3.16% | 3.37% | -1.65% | -11.18% |
| 2021 | -0.22% | 0.12% | 0.80% | 0.93% | 0.08% | 1.60% | 0.24% | 0.63% | -0.17% | -0.07% | -1.26% | 2.27% | 5.02% |
| 2020 | -0.15% | -1.08% | -11.76% | 4.88% | 3.59% | 0.60% | 5.23% | 0.37% | -0.88% | 0.61% | 3.50% | 2.23% | 6.18% |
| 2019 | 4.76% | 1.36% | 1.08% | 1.26% | -1.63% | 2.94% | 0.23% | 0.72% | 0.49% | -0.15% | 0.17% | 2.30% | 14.24% |
| 2018 | 0.53% | -0.77% | -0.53% | -0.04% | 0.38% | 0.07% | 1.23% | 0.71% | 0.43% | -1.67% | -0.94% | -1.80% | -2.41% |
| 2017 | 0.08% | -0.38% | 0.46% | 0.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of USHY is 90, placing it in the top 10% 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 Broad USD High Yield Corporate Bond ETF (USHY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Broad USD High Yield Corporate Bond ETF provided a 6.70% dividend yield over the last twelve months, with an annual payout of $2.49 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $2.49 | $2.41 | $2.10 | $2.09 | $2.19 | $2.43 | $2.41 | $0.30 |
Dividend yield | 6.70% | 6.62% | 6.08% | 5.07% | 5.31% | 5.91% | 6.30% | 0.73% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Broad USD 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 | $0.22 | $0.22 | $0.23 | $0.21 | $0.20 | $0.21 | $0.19 | $0.21 | $0.20 | $0.21 | $2.09 | |
| 2023 | $0.00 | $0.23 | $0.21 | $0.20 | $0.19 | $0.20 | $0.19 | $0.20 | $0.20 | $0.20 | $0.19 | $0.40 | $2.41 |
| 2022 | $0.00 | $0.17 | $0.17 | $0.19 | $0.17 | $0.16 | $0.18 | $0.15 | $0.19 | $0.19 | $0.20 | $0.34 | $2.10 |
| 2021 | $0.00 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.34 | $2.09 |
| 2020 | $0.00 | $0.19 | $0.18 | $0.19 | $0.19 | $0.17 | $0.18 | $0.18 | $0.18 | $0.19 | $0.19 | $0.35 | $2.19 |
| 2019 | $0.00 | $0.22 | $0.22 | $0.22 | $0.21 | $0.21 | $0.19 | $0.19 | $0.19 | $0.19 | $0.20 | $0.40 | $2.43 |
| 2018 | $0.00 | $0.19 | $0.19 | $0.20 | $0.19 | $0.21 | $0.20 | $0.20 | $0.20 | $0.20 | $0.21 | $0.41 | $2.41 |
| 2017 | $0.30 | $0.30 |
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 Broad USD 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 Broad USD High Yield Corporate Bond ETF was 22.44%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.
The current iShares Broad USD High Yield Corporate Bond ETF drawdown is 0.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.44% | Feb 18, 2020 | 25 | Mar 23, 2020 | 141 | Oct 12, 2020 | 166 |
| -15.56% | Dec 29, 2021 | 188 | Sep 27, 2022 | 311 | Dec 21, 2023 | 499 |
| -6.11% | Oct 2, 2018 | 58 | Dec 24, 2018 | 25 | Jan 31, 2019 | 83 |
| -2.66% | Jan 9, 2018 | 19 | Feb 9, 2018 | 108 | Aug 1, 2018 | 127 |
| -2.31% | Nov 8, 2021 | 14 | Nov 26, 2021 | 18 | Dec 22, 2021 | 32 |
Volatility
Volatility Chart
The current iShares Broad USD High Yield Corporate Bond ETF volatility is 1.06%, 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.