Xtrackers Short Duration High Yield Bond ETF (SHYL) Performance
SHYL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.1% since Dec 31, 2025
- 1 year
- +1.3% total return
- 5 years
- +4.5% a year
- Since first price
- +4.5% a year since 2018
SHYL trailing returns vs SPY, QQQ, AGG
| Period | SHYL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −1.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.1% | −2.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.0% | −4.3% | +7.8% | +8.4% | −1.5% |
| YTD | +0.1% | −4.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.3% | −5.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +25.0%+7.7%/yr | +1.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +24.6%+4.5%/yr | −10.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 10, 2018 | +46.7%+4.5%/yr | −14.3% | — | — | — |
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: SHYL vs SPY
From Jan 10, 2018: SHYL grew to $14,666, SPY to $31,658.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SHYL returns by calendar year
6 of 7 full years positive. Best 2023 (+11.4%), worst 2022 (−5.2%). 2026 is year to date.
SHYL annual returns table
| Year | SHYL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.1% | −2.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.8% | −4.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.5% | −1.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +11.4% | −3.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −5.2% | −9.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +4.6% | −1.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.6% | −19.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +10.2% | −1.2% | +31.2% | +39.0% | +8.5% |
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.
SHYL largest drawdowns
Now 2.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −19.3% | Mar 23, 2020 | Nov 10, 2020 | 32 days | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SHYL risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +7.3% | +4.4% | +4.4% |
| Volatility (annualized) | 4.0% | 5.7% | 6.4% |
| Sharpe ratio | 0.70 | 0.16 | 0.32 |
| Sortino ratio | 1.18 | 0.23 | 0.43 |
| Best month | +3.7% | +4.9% | +4.9% |
| Worst month | −2.5% | −5.2% | −10.3% |
| Best 12 months | +14.5% | +14.5% | +18.9% |
| Worst 12 months | +1.2% | −8.7% | −8.7% |
| Positive months | 72% | 63% | 69% |
| Beta vs S&P 500 | 0.22 | 0.30 | — |
| Correlation with S&P 500 | 0.70 | 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.
SHYL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 94 | −8.7% | +5.7% | +18.9% | 83% |
| 3-year (a year) | 70 | +0.1% | +4.7% | +10.4% | 100% |
| 5-year (a year) | 46 | +2.8% | +4.7% | +7.2% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
SHYL performance overview
Xtrackers Short Duration High Yield Bond ETF (SHYL) returned +1.3% over the past year and +4.5% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +4.5% a year, turning $10,000 into about $14,666. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.3%, from Feb 20, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. SHYL finished 6 of its 7 full calendar years with a gain; the best year was 2023 (+11.4%) and the worst 2022 (−5.2%). Volatility has been 6.4% a year.
Related: SHYL chart, SHYL dividends. See the SHYL overview for the latest quote and fund facts.
SHYL performance FAQ
What is the SHYL return over the past year?
SHYL returned +1.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.3%.
What is the average annual return of SHYL?
SHYL has returned +4.5% a year over 5 years, +4.5% a year since January 10, 2018 (total return, distributions reinvested).
How much would $10,000 invested in SHYL be worth?
$10,000 invested in SHYL at its first recorded close on January 10, 2018 would be worth about $14,666 on October 23, 2026 with distributions reinvested.
What was the worst year for SHYL?
The worst calendar year was 2022, with a total return of −5.2%. The best was 2023 at +11.4%.
What is the biggest drawdown of SHYL?
The largest peak-to-trough decline was −19.3% between February 20, 2020 and March 23, 2020. It recovered to the old high on November 10, 2020, 8 months after the bottom.
How volatile is SHYL?
Over the past 3 years SHYL had an annualized volatility of 4.0% and a Sharpe ratio of 0.70 (excess return over 1–3 month T-bills per unit of risk).