iShares BB Rated Corporate Bond ETF (HYBB) Performance
HYBB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.4% since Dec 31, 2025
- 1 year
- +1.6% total return
- 5 years
- +3.1% a year
- Since first price
- +3.7% a year since 2020
HYBB trailing returns vs AGG, TLT, SPY
| Period | HYBB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.3% | −0.8% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.9% | −2.4% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.7% | −3.7% | −1.5% | −3.8% | +7.8% |
| YTD | +0.4% | −4.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.6% | −4.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +26.4%+8.1%/yr | +5.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +16.5%+3.1%/yr | −13.0% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionOct 8, 2020 | +24.6%+3.7%/yr | −10.3% | — | — | — |
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: HYBB vs AGG
From Oct 8, 2020: HYBB grew to $12,461, AGG to $9,793.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYBB returns by calendar year
4 of 5 full years positive. Best 2023 (+10.5%), worst 2022 (−10.1%). 2026 is year to date.
HYBB annual returns table
| Year | HYBB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.4% | −2.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +9.0% | −4.0% | +7.2% | +4.3% | +17.7% |
| 2024 | +6.4% | −2.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +10.5% | −4.6% | +5.7% | +2.8% | +26.2% |
| 2022 | −10.1% | −14.8% | −13.0% | −31.2% | −18.2% |
| 2021 | +3.4% | −2.7% | −1.8% | −4.6% | +28.7% |
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.
HYBB largest drawdowns
Now 2.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 15, 2021 | −15.3% | Sep 27, 2022 | Mar 20, 2024 | 1.0 years | 2.5 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
HYBB risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +7.4% | +2.8% | +3.8% |
| Volatility (annualized) | 4.6% | 7.4% | 7.0% |
| Sharpe ratio | 0.64 | -0.07 | 0.13 |
| Sortino ratio | 1.05 | -0.10 | 0.19 |
| Best month | +4.7% | +6.3% | +6.3% |
| Worst month | −2.9% | −6.6% | −6.6% |
| Best 12 months | +15.1% | +15.1% | +15.1% |
| Worst 12 months | +1.0% | −14.2% | −14.2% |
| Positive months | 75% | 60% | 62% |
| Beta vs S&P 500 | 0.26 | 0.38 | — |
| Correlation with S&P 500 | 0.71 | 0.81 | — |
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.
HYBB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 61 | −14.2% | +6.5% | +15.1% | 75% |
| 3-year (a year) | 37 | +0.1% | +5.5% | +9.9% | 100% |
| 5-year (a year) | 13 | +2.8% | +3.6% | +4.3% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
HYBB performance overview
iShares BB Rated Corporate Bond ETF (HYBB) returned +1.6% over the past year and +3.1% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +3.7% a year, turning $10,000 into about $12,461. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −15.3%, from Sep 15, 2021 to Sep 27, 2022, and it took 1.5 years to get back to the old high. HYBB finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+10.5%) and the worst 2022 (−10.1%). Volatility has been 7.0% a year.
Related: HYBB chart, HYBB dividends, HYBB bond profile. See the HYBB overview for the latest quote and fund facts.
HYBB performance FAQ
What is the HYBB return over the past year?
HYBB returned +1.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.2%.
What is the average annual return of HYBB?
HYBB has returned +3.1% a year over 5 years, +3.7% a year since October 8, 2020 (total return, distributions reinvested).
How much would $10,000 invested in HYBB be worth?
$10,000 invested in HYBB at its first recorded close on October 8, 2020 would be worth about $12,461 on October 23, 2026 with distributions reinvested.
What was the worst year for HYBB?
The worst calendar year was 2022, with a total return of −10.1%. The best was 2023 at +10.5%.
What is the biggest drawdown of HYBB?
The largest peak-to-trough decline was −15.3% between September 15, 2021 and September 27, 2022. It recovered to the old high on March 20, 2024, 1.5 years after the bottom.
How volatile is HYBB?
Over the past 3 years HYBB had an annualized volatility of 4.6% and a Sharpe ratio of 0.64 (excess return over 1–3 month T-bills per unit of risk).