SSHY.L vs. STYC.L
SSHY.L (PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist) and STYC.L (PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc) are both High Yield Bonds funds from PIMCO tracking the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 10 years, SSHY.L returned 6.28%/yr vs 6.28%/yr for STYC.L. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.55% expense ratio.
Performance
SSHY.L vs. STYC.L - Performance Comparison
Loading charts...
Different Trading Currencies
SSHY.L is traded in GBP, while STYC.L is traded in USD. To make them comparable, the STYC.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SSHY.L achieves a 1.51% return, which is significantly lower than STYC.L's 1.82% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: SSHY.L at 6.28% and STYC.L at 6.28%.
SSHY.L
- 1D
- 0.17%
- 1M
- 1.33%
- YTD
- 1.51%
- 6M
- 1.49%
- 1Y
- 8.19%
- 3Y*
- 5.91%
- 5Y*
- 6.31%
- 10Y*
- 6.28%
STYC.L
- 1D
- -0.02%
- 1M
- 1.34%
- YTD
- 1.82%
- 6M
- 1.28%
- 1Y
- 8.26%
- 3Y*
- 6.01%
- 5Y*
- 6.34%
- 10Y*
- 6.28%
SSHY.L vs. STYC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSHY.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist | 1.51% | 1.40% | 10.17% | 5.51% | 6.56% | 5.70% | 0.33% | 6.66% | 5.07% | -3.96% |
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 1.82% | 1.35% | 9.97% | 6.08% | 6.48% | 5.36% | 0.79% | 5.84% | 5.28% | -3.67% |
Correlation
The correlation between SSHY.L and STYC.L is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since May 19, 2015 | 0.81 |
The correlation between SSHY.L and STYC.L shifts across timeframes, from 0.70 (1 year) to 0.81 (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
SSHY.L vs. STYC.L — Risk / Return Rank
SSHY.L
STYC.L
SSHY.L vs. STYC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist (SSHY.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.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.
| SSHY.L | STYC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.22 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.06 | +0.18 |
| Martin ratioReturn relative to average drawdown | 6.90 | 6.39 | +0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SSHY.L | STYC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 1.25 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.76 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.64 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.65 | -0.04 |
Drawdowns
SSHY.L vs. STYC.L - Drawdown Comparison
The maximum SSHY.L drawdown since its inception was -15.94%, roughly equal to the maximum STYC.L drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for SSHY.L and STYC.L.
Loading charts...
Drawdown Indicators
| SSHY.L | STYC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.94% | -15.73% | -0.21% |
Max Drawdown (1Y)Largest decline over 1 year | -3.63% | -3.99% | +0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -9.91% | -9.53% | -0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -10.24% | -11.00% | +0.76% |
Max Drawdown (10Y)Largest decline over 10 years | -15.94% | -15.73% | -0.21% |
Current DrawdownCurrent decline from peak | -0.89% | -0.86% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -4.30% | -4.03% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 1.29% | -0.11% |
Volatility
SSHY.L vs. STYC.L - Volatility Comparison
The current volatility for PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist (SSHY.L) is 1.59%, while PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L) has a volatility of 2.13%. This indicates that SSHY.L experiences smaller price fluctuations and is considered to be less risky than STYC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SSHY.L | STYC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.59% | 2.13% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 4.03% | 5.12% | -1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.67% | 6.55% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.58% | 8.33% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.16% | 9.86% | -0.70% |
SSHY.L vs. STYC.L - Expense Ratio Comparison
Both SSHY.L and STYC.L have an expense ratio of 0.55%.
Dividends
SSHY.L vs. STYC.L - Dividend Comparison
SSHY.L's dividend yield for the trailing twelve months is around 7.07%, while STYC.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSHY.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist | 7.07% | 7.33% | 7.48% | 6.52% | 4.86% | 4.47% | 5.24% | 5.27% | 5.10% | 5.48% | 4.92% | 5.11% |
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SSHY.L and STYC.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SSHY.L and STYC.L have the same expense ratio: 0.55% per year.
Both ETFs track Bloomberg US Corporate High Yield TR USD.
Find the right allocation for SSHY.L and STYC.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