iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) Performance
SHYG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.0% since Dec 31, 2025
- 1 year
- +2.3% total return
- 5 years
- +4.6% a year
- 10 years
- +4.6% a year
- Since first price
- +4.2% a year since 2013
SHYG trailing returns vs AGG, TLT, SPY
| Period | SHYG total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.6% | −1.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.5% | −2.2% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.2% | −3.6% | −1.5% | −3.8% | +7.8% |
| YTD | +1.0% | −4.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.3% | −4.6% | −1.1% | −6.9% | +14.4% |
| 3 years | +25.4%+7.8%/yr | +1.8% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +25.0%+4.6%/yr | −9.7% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +56.6%+4.6%/yr | −13.3% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionOct 17, 2013 | +71.4%+4.2%/yr | −17.7% | — | — | — |
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: SHYG vs AGG
From Oct 17, 2013: SHYG grew to $17,144, AGG to $12,730.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SHYG returns by calendar year
10 of 12 full years positive. Best 2016 (+12.5%), worst 2022 (−4.7%). 2026 is year to date.
SHYG annual returns table
| Year | SHYG | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.0% | −2.0% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.9% | −4.5% | +7.2% | +4.3% | +17.7% |
| 2024 | +8.2% | −1.7% | +1.3% | −8.1% | +24.9% |
| 2023 | +10.4% | −3.1% | +5.7% | +2.8% | +26.2% |
| 2022 | −4.7% | −9.2% | −13.0% | −31.2% | −18.2% |
| 2021 | +4.6% | −1.6% | −1.8% | −4.6% | +28.7% |
| 2020 | +3.2% | −19.3% | +7.5% | +18.2% | +18.3% |
| 2019 | +9.9% | −1.5% | +8.5% | +14.1% | +31.2% |
| 2018 | +0.0% | −5.0% | +0.1% | −1.6% | −4.6% |
| 2017 | +5.1% | −1.6% | +3.6% | +9.2% | +21.7% |
| 2016 | +12.5% | −3.8% | +2.4% | +1.2% | +12.0% |
| 2015 | −3.8% | −8.0% | +0.5% | −1.8% | +1.2% |
| 2014 | +0.3% | −5.1% | +6.0% | +27.3% | +13.5% |
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.
SHYG largest drawdowns
Now 1.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −19.3% | Mar 23, 2020 | Nov 17, 2020 | 38 days | 9 months |
| May 29, 2015 | −10.3% | Feb 11, 2016 | Jul 8, 2016 | 8 months | 1.1 years |
| Dec 27, 2021 | −9.4% | Jun 13, 2022 | Jul 13, 2023 | 6 months | 1.5 years |
| Jun 23, 2014 | −5.1% | Dec 16, 2014 | Apr 9, 2015 | 6 months | 10 months |
| Oct 2, 2018 | −5.0% | Dec 24, 2018 | Jan 31, 2019 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SHYG risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +7.4% | +4.5% | +4.6% | +4.2% |
| Volatility (annualized) | 3.6% | 5.5% | 5.8% | 5.5% |
| Sharpe ratio | 0.81 | 0.18 | 0.42 | 0.46 |
| Sortino ratio | 1.39 | 0.26 | 0.56 | 0.63 |
| Best month | +3.6% | +4.7% | +4.7% | +4.7% |
| Worst month | −2.0% | −5.2% | −10.2% | −10.2% |
| Best 12 months | +13.5% | +13.5% | +18.2% | +18.2% |
| Worst 12 months | +2.1% | −8.1% | −8.1% | −8.1% |
| Positive months | 75% | 65% | 71% | 70% |
| Beta vs S&P 500 | 0.22 | 0.29 | 0.31 | — |
| Correlation with S&P 500 | 0.75 | 0.83 | 0.80 | — |
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.
SHYG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 145 | −8.1% | +5.0% | +18.2% | 81% |
| 3-year (a year) | 121 | +0.0% | +4.3% | +9.9% | 100% |
| 5-year (a year) | 97 | +1.6% | +4.1% | +6.9% | 100% |
| 10-year (a year) | 37 | +3.2% | +4.4% | +5.8% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
SHYG performance overview
iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) returned +2.3% over the past year and +4.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +4.2% a year, turning $10,000 into about $17,144. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −19.3%, from Feb 14, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. SHYG finished 10 of its 12 full calendar years with a gain; the best year was 2016 (+12.5%) and the worst 2022 (−4.7%). Volatility has been 5.5% a year.
Related: SHYG chart, SHYG dividends, SHYG bond profile. See the SHYG overview for the latest quote and fund facts.
SHYG performance FAQ
What is the SHYG return over the past year?
SHYG returned +2.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.6%.
What is the average annual return of SHYG?
SHYG has returned +4.6% a year over 5 years, +4.6% a year over 10 years, +4.2% a year since October 17, 2013 (total return, distributions reinvested).
How much would $10,000 invested in SHYG be worth?
$10,000 invested in SHYG at its first recorded close on October 17, 2013 would be worth about $17,144 on October 23, 2026 with distributions reinvested.
What was the worst year for SHYG?
The worst calendar year was 2022, with a total return of −4.7%. The best was 2016 at +12.5%.
What is the biggest drawdown of SHYG?
The largest peak-to-trough decline was −19.3% between February 14, 2020 and March 23, 2020. It recovered to the old high on November 17, 2020, 8 months after the bottom.
How volatile is SHYG?
Over the past 3 years SHYG had an annualized volatility of 3.6% and a Sharpe ratio of 0.81 (excess return over 1–3 month T-bills per unit of risk).