SDHG.L vs. STHS.L
SDHG.L (iShares USD Short Duration High Yield Corporate Bond UCITS ETF) and STHS.L (PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF GBP Hedged (Dist)) are both High Yield Bonds funds - SDHG.L tracks the Bloomberg US Corporate High Yield TR USD while STHS.L tracks the ICE BofA 0-5 Year US High Yield Constrained Index. Both are passively managed. Over the past 10 years, SDHG.L returned 4.47%/yr vs 4.27%/yr for STHS.L. At a 0.14 correlation, their price movements are largely independent. SDHG.L charges 0.45%/yr vs 0.60%/yr for STHS.L.
Performance
SDHG.L vs. STHS.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SDHG.L achieves a 2.20% return, which is significantly higher than STHS.L's 1.58% return. Both investments have delivered pretty close results over the past 10 years, with SDHG.L having a 4.47% annualized return and STHS.L not far behind at 4.27%.
SDHG.L
- 1D
- 0.08%
- 1M
- -1.28%
- 6M
- 1.92%
- YTD
- 2.20%
- 1Y
- 6.08%
- 3Y*
- 5.74%
- 5Y*
- 5.03%
- 10Y*
- 4.47%
- ALL TIME*
- 1.82%
STHS.L
- 1D
- -0.23%
- 1M
- -0.04%
- 6M
- 1.18%
- YTD
- 1.58%
- 1Y
- 5.67%
- 3Y*
- 7.89%
- 5Y*
- 4.65%
- 10Y*
- 4.27%
- ALL TIME*
- 4.64%
SDHG.L vs. STHS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SDHG.L iShares USD Short Duration High Yield Corporate Bond UCITS ETF | 2.20% | 1.29% | 8.41% | 2.88% | 8.13% | 4.95% | 0.42% | 6.11% | 6.09% | -5.14% |
STHS.L PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) | 1.58% | 8.53% | 8.27% | 10.62% | -5.62% | 4.05% | 1.89% | 8.01% | -2.38% | 4.36% |
Correlation
The correlation between SDHG.L and STHS.L is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2015 | 0.14 |
The correlation between SDHG.L and STHS.L shifts across timeframes, from 0.00 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SDHG.L vs. STHS.L — Risk / Return Rank
SDHG.L
STHS.L
SDHG.L vs. STHS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Short Duration High Yield Corporate Bond UCITS ETF (SDHG.L) and PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) (STHS.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SDHG.L | STHS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.32 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 3.08 | -1.48 |
| Martin ratioReturn relative to average drawdown | 4.68 | 12.65 | -7.97 |
Loading charts...
Drawdowns
SDHG.L vs. STHS.L - Drawdown Comparison
The maximum SDHG.L drawdown since its inception was -39.18%, which is greater than STHS.L's maximum drawdown of -22.74%. Use the drawdown chart below to compare losses from any high point for SDHG.L and STHS.L.
Loading charts...
Drawdown Indicators
| SDHG.L | STHS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.18% | -22.74% | -16.44% |
Max Drawdown (1Y)Largest decline over 1 year | -3.79% | -1.84% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -8.95% | -5.34% | -3.61% |
Max Drawdown (5Y)Largest decline over 5 years | -11.66% | -9.53% | -2.13% |
Max Drawdown (10Y)Largest decline over 10 years | -12.32% | -22.74% | +10.42% |
Current DrawdownCurrent decline from peak | -1.86% | -0.26% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -12.47% | -1.66% | -10.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 0.45% | +0.85% |
Volatility
SDHG.L vs. STHS.L - Volatility Comparison
iShares USD Short Duration High Yield Corporate Bond UCITS ETF (SDHG.L) has a higher volatility of 1.38% compared to PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) (STHS.L) at 0.87%. This indicates that SDHG.L's price experiences larger fluctuations and is considered to be riskier than STHS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SDHG.L | STHS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 0.87% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 4.14% | 2.85% | +1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.81% | 3.49% | +2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.49% | 6.32% | +1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.64% | 6.73% | +1.91% |
SDHG.L vs. STHS.L - Expense Ratio Comparison
SDHG.L has a 0.45% expense ratio, which is lower than STHS.L's 0.60% expense ratio.
Dividends
SDHG.L vs. STHS.L - Dividend Comparison
SDHG.L's dividend yield for the trailing twelve months is around 6.77%, less than STHS.L's 6.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDHG.L iShares USD Short Duration High Yield Corporate Bond UCITS ETF | 6.77% | 6.56% | 6.32% | 5.63% | 4.24% | 4.19% | 5.08% | 5.39% | 5.41% | 5.60% | 5.32% | 4.92% |
STHS.L PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) | 6.97% | 7.11% | 7.57% | 6.39% | 4.95% | 4.52% | 4.92% | 5.08% | 5.34% | 5.18% | 5.43% | 0.37% |
Frequently Asked Questions
SDHG.L and STHS.L have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SDHG.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SDHG.L is cheaper with a 0.45% expense ratio, compared with 0.60% for STHS.L.
SDHG.L tracks Bloomberg US Corporate High Yield TR USD, while STHS.L tracks ICE BofA 0-5 Year US High Yield Constrained Index. They also come from different issuers: iShares and PIMCO. Their fees differ too: 0.45% for SDHG.L and 0.60% for STHS.L.
Find the right allocation for SDHG.L and STHS.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer