WisdomTree Yield Enhanced U.S. Short-Term… (SHAG) Performance
SHAG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.4% since Dec 31, 2025
- 1 year
- +1.0% total return
- 5 years
- +1.8% a year
- Since first price
- +2.1% a year since 2017
SHAG trailing returns vs AGG, TLT, SPY
| Period | SHAG total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.0% | −1.0% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.1% | −2.2% | −1.5% | −3.8% | +7.8% |
| YTD | +0.4% | −2.7% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.0% | −3.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +15.1%+4.8%/yr | +1.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +9.1%+1.8%/yr | −7.8% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMay 18, 2017 | +21.3%+2.1%/yr | −6.7% | — | — | — |
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: SHAG vs AGG
From May 18, 2017: SHAG grew to $12,128, AGG to $11,479.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SHAG returns by calendar year
6 of 8 full years positive. Best 2025 (+6.3%), worst 2022 (−6.4%). 2026 is year to date.
SHAG annual returns table
| Year | SHAG | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.4% | −1.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.3% | −1.1% | +7.2% | +4.3% | +17.7% |
| 2024 | +4.3% | −1.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +4.6% | −2.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −6.4% | −8.3% | −13.0% | −31.2% | −18.2% |
| 2021 | −0.9% | −1.5% | −1.8% | −4.6% | +28.7% |
| 2020 | +4.7% | −5.8% | +7.5% | +18.2% | +18.3% |
| 2019 | +5.8% | −1.0% | +8.5% | +14.1% | +31.2% |
| 2018 | +0.8% | −1.3% | +0.1% | −1.6% | −4.6% |
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.
SHAG largest drawdowns
Now 0.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 3, 2021 | −9.6% | Oct 20, 2022 | Aug 2, 2024 | 1.2 years | 3.0 years |
| Mar 6, 2020 | −5.8% | Mar 20, 2020 | May 20, 2020 | 14 days | 2 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SHAG risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +4.5% | +1.5% | +2.0% |
| Volatility (annualized) | 2.3% | 3.1% | 2.6% |
| Sharpe ratio | 0.02 | -0.72 | -0.16 |
| Sortino ratio | 0.02 | -0.84 | -0.21 |
| Best month | +1.7% | +1.7% | +1.9% |
| Worst month | −1.3% | −2.0% | −2.0% |
| Best 12 months | +8.0% | +8.0% | +8.0% |
| Worst 12 months | +0.8% | −8.2% | −8.2% |
| Positive months | 75% | 60% | 61% |
| Beta vs S&P 500 | 0.08 | 0.11 | — |
| Correlation with S&P 500 | 0.42 | 0.54 | — |
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.
SHAG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 102 | −8.2% | +3.5% | +8.0% | 75% |
| 3-year (a year) | 78 | −1.9% | +2.9% | +5.4% | 68% |
| 5-year (a year) | 54 | +0.4% | +1.2% | +1.8% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
SHAG performance overview
WisdomTree Yield Enhanced U.S. Short-Term… (SHAG) returned +1.0% over the past year and +1.8% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +2.1% a year, turning $10,000 into about $12,128. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −9.6%, from Aug 3, 2021 to Oct 20, 2022, and it took 1.8 years to get back to the old high. SHAG finished 6 of its 8 full calendar years with a gain; the best year was 2025 (+6.3%) and the worst 2022 (−6.4%). Volatility has been 2.6% a year.
Related: SHAG chart, SHAG dividends, SHAG bond profile. See the SHAG overview for the latest quote and fund facts.
SHAG performance FAQ
What is the SHAG return over the past year?
SHAG returned +1.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.1%.
What is the average annual return of SHAG?
SHAG has returned +1.8% a year over 5 years, +2.1% a year since May 18, 2017 (total return, distributions reinvested).
How much would $10,000 invested in SHAG be worth?
$10,000 invested in SHAG at its first recorded close on May 18, 2017 would be worth about $12,128 on October 23, 2026 with distributions reinvested.
What was the worst year for SHAG?
The worst calendar year was 2022, with a total return of −6.4%. The best was 2025 at +6.3%.
What is the biggest drawdown of SHAG?
The largest peak-to-trough decline was −9.6% between August 3, 2021 and October 20, 2022. It recovered to the old high on August 2, 2024, 1.8 years after the bottom.
How volatile is SHAG?
Over the past 3 years SHAG had an annualized volatility of 2.3% and a Sharpe ratio of 0.02 (excess return over 1–3 month T-bills per unit of risk).