iShares Euro High Yield Corporated Bond USD… (EUHY) Performance

Cboe BZX: EUHYTotal returns, calendar years, drawdowns and risk since 2012.

EUHY total return

Distributions reinvested · as of Oct 23, 2026
YTD
−0.5%
since Dec 31, 2025
1 year
−0.3%
total return
5 years
+2.3%
a year
10 years
+3.6%
a year
Since first price
+3.3%
a year since 2012

EUHY trailing returns vs SPY, QQQ, AGG

EUHY trailing returns
PeriodEUHY total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−2.3%−2.7%−1.0%−5.0%+0.9%
3 months−2.7%−4.0%+3.2%+1.9%−0.4%
6 months−1.3%−3.8%+7.8%+8.4%−1.5%
YTD−0.5%−4.0%+12.3%+15.1%−1.0%
1 year−0.3%−7.0%+14.4%+15.9%−1.1%
3 years+29.8%+9.1%/yr+11.3%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+12.2%+2.3%/yr−7.2%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years+42.6%+3.6%/yr+9.0%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
Since inceptionApr 3, 2012+60.9%+3.3%/yr+2.5%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: EUHY vs SPY

EUHYS&P 500 (SPY)

From Apr 3, 2012: EUHY grew to $16,087, SPY to $69,117.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

EUHY returns by calendar year

EUHYSPY

7 of 13 full years positive. Best 2017 (+19.7%), worst 2022 (−15.6%). 2026 is year to date.

EUHY annual returns table

EUHY calendar-year returns
YearEUHYLargest dropSPYQQQAGG
2026YTD−0.5%−3.6%+12.3%+15.1%−1.0%
2025+17.4%−3.6%+17.7%+20.8%+7.2%
2024−0.5%−6.4%+24.9%+25.6%+1.3%
2023+16.0%−6.9%+26.2%+54.9%+5.7%
2022−15.6%−28.4%−18.2%−32.6%−13.0%
2021−3.8%−8.4%+28.7%+27.4%−1.8%
2020+10.7%−23.4%+18.3%+48.6%+7.5%
2019+8.9%−3.4%+31.2%+39.0%+8.5%
2018−7.7%−13.3%−4.6%−0.1%+0.1%
2017+19.7%−2.2%+21.7%+32.7%+3.6%
2016+5.1%−7.7%+12.0%+7.1%+2.4%
2015−9.8%−9.4%+1.2%+9.4%+0.5%
2014−8.7%−12.6%+13.5%+19.2%+6.0%
2013+12.8%−7.2%+32.3%+36.6%−2.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

EUHY largest drawdowns

Now 3.6% below the high
EUHY largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Jun 2, 2021−32.5%Sep 27, 2022Apr 17, 20251.3 years3.9 years
Feb 1, 2018−26.5%Mar 23, 2020Nov 6, 20202.1 years2.8 years
May 7, 2014−24.1%Jan 20, 2016Jan 4, 20181.7 years3.7 years

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

EUHY risk statistics

EUHY risk statistics
Statistic3 years5 years10 yearsSince 2012
Annualized return+9.6%+2.7%+3.6%+3.4%
Volatility (annualized)7.7%11.4%11.0%10.8%
Sharpe ratio0.67-0.020.170.22
Sortino ratio1.25-0.030.230.32
Best month+6.4%+9.4%+9.4%+9.4%
Worst month−2.3%−9.1%−13.1%−13.1%
Best 12 months+18.5%+20.0%+29.6%+29.6%
Worst 12 months−0.5%−27.6%−27.6%−27.6%
Positive months69%60%58%55%
Beta vs S&P 5000.220.490.50—
Correlation with S&P 5000.360.670.69—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

EUHY rolling returns

EUHY rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year163−27.6%+5.3%+29.6%67%
3-year (a year)139−6.4%+2.2%+16.3%66%
5-year (a year)115−4.4%+2.2%+7.2%80%
10-year (a year)55−0.1%+1.7%+4.7%98%

Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.

EUHY performance overview

iShares Euro High Yield Corporated Bond USD… (EUHY) returned −0.3% over the past year and +3.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +3.3% a year, turning $10,000 into about $16,087. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −32.5%, from Jun 2, 2021 to Sep 27, 2022, and it took 2.6 years to get back to the old high. EUHY finished 7 of its 13 full calendar years with a gain; the best year was 2017 (+19.7%) and the worst 2022 (−15.6%). Volatility has been 10.8% a year.

Related: EUHY chart, EUHY dividends. See the EUHY overview for the latest quote and fund facts.

EUHY performance FAQ

What is the EUHY return over the past year?

EUHY returned −0.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.0%.

What is the average annual return of EUHY?

EUHY has returned +2.3% a year over 5 years, +3.6% a year over 10 years, +3.3% a year since April 3, 2012 (total return, distributions reinvested).

How much would $10,000 invested in EUHY be worth?

$10,000 invested in EUHY at its first recorded close on April 3, 2012 would be worth about $16,087 on October 23, 2026 with distributions reinvested.

What was the worst year for EUHY?

The worst calendar year was 2022, with a total return of −15.6%. The best was 2017 at +19.7%.

What is the biggest drawdown of EUHY?

The largest peak-to-trough decline was −32.5% between June 2, 2021 and September 27, 2022. It recovered to the old high on April 17, 2025, 2.6 years after the bottom.

How volatile is EUHY?

Over the past 3 years EUHY had an annualized volatility of 7.7% and a Sharpe ratio of 0.67 (excess return over 1–3 month T-bills per unit of risk).