Morgan Stanley ETF (EVHY) Performance
EVHY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.8% since Dec 31, 2025
- 1 year
- +2.5% total return
- 3 years
- +8.3% a year
- Since first price
- +8.4% a year since 2023
EVHY trailing returns vs AGG, TLT, SPY
| Period | EVHY total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.0% | −0.5% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.4% | −2.0% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.1% | −3.0% | −1.5% | −3.8% | +7.8% |
| YTD | +0.8% | −3.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.5% | −4.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +26.9%+8.3%/yr | +2.7% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionOct 19, 2023 | +27.5%+8.4%/yr | +3.3% | — | — | — |
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: EVHY vs AGG
From Oct 19, 2023: EVHY grew to $12,751, AGG to $11,746.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EVHY returns by calendar year
2 of 2 full years positive. Best 2025 (+9.1%), worst 2024 (+6.4%). 2026 is year to date.
EVHY annual returns table
| Year | EVHY | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.8% | −2.7% | −1.0% | −3.4% | +12.3% |
| 2025 | +9.1% | −3.7% | +7.2% | +4.3% | +17.7% |
| 2024 | +6.4% | −2.1% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EVHY risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +7.8% |
| Volatility (annualized) | 4.3% |
| Sharpe ratio | 0.78 |
| Sortino ratio | 1.34 |
| Best month | +4.4% |
| Worst month | −2.6% |
| Best 12 months | +14.0% |
| Worst 12 months | +1.6% |
| Positive months | 77% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
EVHY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | +1.6% | +7.3% | +14.0% | 100% |
| 3-year (a year) | 1 | +8.0% | +8.0% | +8.0% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
EVHY performance overview
Morgan Stanley ETF (EVHY) returned +2.5% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +8.4% a year, turning $10,000 into about $12,751. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: EVHY chart, EVHY dividends, EVHY bond profile. See the EVHY overview for the latest quote and fund facts.
EVHY performance FAQ
What is the EVHY return over the past year?
EVHY returned +2.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.4%.
How much would $10,000 invested in EVHY be worth?
$10,000 invested in EVHY at its first recorded close on October 19, 2023 would be worth about $12,751 on October 23, 2026 with distributions reinvested.
What was the worst year for EVHY?
The worst calendar year was 2024, with a total return of +6.4%. The best was 2025 at +9.1%.
How volatile is EVHY?
Over the past history EVHY had an annualized volatility of 4.3% and a Sharpe ratio of 0.78 (excess return over 1–3 month T-bills per unit of risk).