SHYU.L vs. CVCG.L
SHYU.L (iShares $ High Yield Corp Bond UCITS ETF) is Corporate Bonds fund tracking the Markit iBoxx USD Liquid High Yield Capped Index, while CVCG.L (CVC Income & Growth Limited) is a stock. Over the past 10 years, SHYU.L returned 4.84%/yr vs 8.22%/yr for CVCG.L. At a 0.03 correlation, their price movements are largely independent.
Performance
SHYU.L vs. CVCG.L - Performance Comparison
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Different Trading Currencies
SHYU.L is traded in GBP, while CVCG.L is traded in GBp. To make them comparable, the CVCG.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SHYU.L achieves a -1.70% return, which is significantly lower than CVCG.L's 2.23% return. Over the past 10 years, SHYU.L has underperformed CVCG.L with an annualized return of 4.84%, while CVCG.L has yielded a comparatively higher 8.22% annualized return.
SHYU.L
- 1D
- 0.16%
- 1M
- -0.19%
- YTD
- -1.70%
- 6M
- -1.85%
- 1Y
- 1.64%
- 3Y*
- 2.26%
- 5Y*
- 3.17%
- 10Y*
- 4.84%
CVCG.L
- 1D
- 0.00%
- 1M
- 2.03%
- YTD
- 2.23%
- 6M
- 3.10%
- 1Y
- 4.11%
- 3Y*
- 15.73%
- 5Y*
- 10.78%
- 10Y*
- 8.22%
SHYU.L vs. CVCG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHYU.L iShares $ High Yield Corp Bond UCITS ETF | -1.70% | -4.17% | 8.56% | 4.72% | 2.04% | 4.96% | 1.60% | 9.12% | 4.39% | -3.89% |
CVCG.L CVC Income & Growth Limited | 2.23% | 7.43% | 31.28% | 17.87% | -7.57% | 16.87% | 0.78% | -3.50% | 0.53% | 14.77% |
Correlation
The correlation between SHYU.L and CVCG.L is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2013 | 0.03 |
The correlation between SHYU.L and CVCG.L shifts across timeframes, from -0.13 (1 year) to 0.04 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SHYU.L vs. CVCG.L — Risk / Return Rank
SHYU.L
CVCG.L
SHYU.L vs. CVCG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) and CVC Income & Growth Limited (CVCG.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.
| SHYU.L | CVCG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.12 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 0.59 | -0.34 |
| Martin ratioReturn relative to average drawdown | 0.43 | 3.00 | -2.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHYU.L | CVCG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 0.46 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.54 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.34 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.33 | +0.26 |
Drawdowns
SHYU.L vs. CVCG.L - Drawdown Comparison
The maximum SHYU.L drawdown since its inception was -15.01%, smaller than the maximum CVCG.L drawdown of -44.77%. Use the drawdown chart below to compare losses from any high point for SHYU.L and CVCG.L.
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Drawdown Indicators
| SHYU.L | CVCG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.01% | -44.77% | +29.76% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -10.61% | +4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -11.08% | -10.61% | -0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -11.08% | -17.08% | +6.00% |
Max Drawdown (10Y)Largest decline over 10 years | -15.01% | -44.77% | +29.76% |
Current DrawdownCurrent decline from peak | -9.14% | 0.00% | -9.14% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -4.06% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 2.03% | +1.80% |
Volatility
SHYU.L vs. CVCG.L - Volatility Comparison
The current volatility for iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) is 1.72%, while CVC Income & Growth Limited (CVCG.L) has a volatility of 3.69%. This indicates that SHYU.L experiences smaller price fluctuations and is considered to be less risky than CVCG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHYU.L | CVCG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 3.69% | -1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 4.34% | 12.02% | -7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.89% | 13.52% | -6.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.13% | 20.01% | -11.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.74% | 23.79% | -14.05% |
Dividends
SHYU.L vs. CVCG.L - Dividend Comparison
SHYU.L has not paid dividends to shareholders, while CVCG.L's dividend yield for the trailing twelve months is around 8.36%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVCG.L CVC Income & Growth Limited | 8.36% | 8.64% | 8.58% | 8.08% | 5.68% | 4.49% | 5.14% | 5.54% | 5.07% | 4.64% | 6.04% | 4.90% |
SHYU.L iShares $ High Yield Corp Bond UCITS ETF | 0.00% | 0.00% | 6.32% | 5.76% | 4.82% | 4.27% | 5.16% | 5.58% | 5.52% | 5.74% | 5.16% | 5.87% |
Frequently Asked Questions
SHYU.L and CVCG.L have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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