FlexShares High Yield Value-Scored Bond Index… (HYGV) Performance
HYGV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.1% since Dec 31, 2025
- 1 year
- +1.3% total return
- 5 years
- +2.9% a year
- Since first price
- +4.6% a year since 2018
HYGV trailing returns vs AGG, TLT, SPY
| Period | HYGV total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.5% | −2.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.7% | −3.5% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.3% | −4.9% | −1.5% | −3.8% | +7.8% |
| YTD | −0.1% | −5.5% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.3% | −5.9% | −1.1% | −6.9% | +14.4% |
| 3 years | +25.9%+8.0%/yr | −0.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +15.3%+2.9%/yr | −22.3% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionJul 18, 2018 | +45.0%+4.6%/yr | −23.0% | — | — | — |
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: HYGV vs AGG
From Jul 18, 2018: HYGV grew to $14,498, AGG to $11,493.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYGV returns by calendar year
6 of 7 full years positive. Best 2019 (+15.8%), worst 2022 (−12.6%). 2026 is year to date.
HYGV annual returns table
| Year | HYGV | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.1% | −3.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.9% | −5.6% | +7.2% | +4.3% | +17.7% |
| 2024 | +8.0% | −2.3% | +1.3% | −8.1% | +24.9% |
| 2023 | +12.1% | −5.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −12.6% | −16.9% | −13.0% | −31.2% | −18.2% |
| 2021 | +5.9% | −2.3% | −1.8% | −4.6% | +28.7% |
| 2020 | +8.0% | −23.5% | +7.5% | +18.2% | +18.3% |
| 2019 | +15.8% | −1.8% | +8.5% | +14.1% | +31.2% |
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.
HYGV largest drawdowns
Now 3.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −23.5% | Mar 23, 2020 | Sep 2, 2020 | 32 days | 6 months |
| Dec 27, 2021 | −17.1% | Sep 27, 2022 | May 15, 2024 | 9 months | 2.4 years |
| Oct 2, 2018 | −7.9% | Dec 24, 2018 | Feb 26, 2019 | 3 months | 5 months |
| Feb 28, 2025 | −5.6% | Apr 8, 2025 | May 29, 2025 | 39 days | 3 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
HYGV risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +7.4% | +2.9% | +4.6% |
| Volatility (annualized) | 4.9% | 7.8% | 9.0% |
| Sharpe ratio | 0.59 | -0.06 | 0.26 |
| Sortino ratio | 0.96 | -0.08 | 0.35 |
| Best month | +4.3% | +6.3% | +6.3% |
| Worst month | −2.8% | −7.8% | −13.4% |
| Best 12 months | +15.2% | +15.2% | +29.1% |
| Worst 12 months | +1.4% | −16.0% | −16.0% |
| Positive months | 72% | 62% | 67% |
| Beta vs S&P 500 | 0.30 | 0.42 | — |
| Correlation with S&P 500 | 0.76 | 0.84 | — |
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.
HYGV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 88 | −16.0% | +6.9% | +29.1% | 80% |
| 3-year (a year) | 64 | −0.7% | +3.7% | +10.6% | 98% |
| 5-year (a year) | 40 | +2.8% | +4.1% | +7.4% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
HYGV performance overview
FlexShares High Yield Value-Scored Bond Index… (HYGV) returned +1.3% over the past year and +2.9% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +4.6% a year, turning $10,000 into about $14,498. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −23.5%, from Feb 20, 2020 to Mar 23, 2020, and it took 5 months to get back to the old high. HYGV finished 6 of its 7 full calendar years with a gain; the best year was 2019 (+15.8%) and the worst 2022 (−12.6%). Volatility has been 9.0% a year.
Related: HYGV chart, HYGV dividends, HYGV bond profile. See the HYGV overview for the latest quote and fund facts.
HYGV performance FAQ
What is the HYGV return over the past year?
HYGV returned +1.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.9%.
What is the average annual return of HYGV?
HYGV has returned +2.9% a year over 5 years, +4.6% a year since July 18, 2018 (total return, distributions reinvested).
How much would $10,000 invested in HYGV be worth?
$10,000 invested in HYGV at its first recorded close on July 18, 2018 would be worth about $14,498 on October 23, 2026 with distributions reinvested.
What was the worst year for HYGV?
The worst calendar year was 2022, with a total return of −12.6%. The best was 2019 at +15.8%.
What is the biggest drawdown of HYGV?
The largest peak-to-trough decline was −23.5% between February 20, 2020 and March 23, 2020. It recovered to the old high on September 2, 2020, 5 months after the bottom.
How volatile is HYGV?
Over the past 3 years HYGV had an annualized volatility of 4.9% and a Sharpe ratio of 0.59 (excess return over 1–3 month T-bills per unit of risk).