SHYM (SHYM) Performance
SHYM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.0% since Dec 31, 2025
- 1 year
- +1.7% total return
- 5 years
- +0.7% a year
- Since first price
- +1.5% a year since 2021
SHYM trailing returns vs AGG, TLT, SPY
| Period | SHYM total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.6% | +1.3% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.3% | −1.3% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.0% | −2.0% | −1.5% | −3.8% | +7.8% |
| YTD | +1.0% | −2.0% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.7% | −2.6% | −1.1% | −6.9% | +14.4% |
| 3 years | +23.7%+7.3%/yr | +8.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +3.5%+0.7%/yr | −16.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMar 18, 2021 | +8.7%+1.5%/yr | −13.5% | — | — | — |
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: SHYM vs AGG
From Mar 18, 2021: SHYM grew to $10,869, AGG to $10,084.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SHYM returns by calendar year
3 of 4 full years positive. Best 2023 (+9.7%), worst 2022 (−16.0%). 2026 is year to date.
SHYM annual returns table
| Year | SHYM | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.0% | −4.7% | −1.0% | −3.4% | +12.3% |
| 2025 | +2.6% | −8.1% | +7.2% | +4.3% | +17.7% |
| 2024 | +7.0% | −2.3% | +1.3% | −8.1% | +24.9% |
| 2023 | +9.7% | −7.7% | +5.7% | +2.8% | +26.2% |
| 2022 | −16.0% | −21.5% | −13.0% | −31.2% | −18.2% |
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.
SHYM largest drawdowns
Now 1.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 19, 2021 | −22.8% | Oct 24, 2022 | Jan 9, 2026 | 1.3 years | 4.5 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SHYM risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +6.1% | +0.1% | +1.0% |
| Volatility (annualized) | 6.6% | 9.3% | 9.0% |
| Sharpe ratio | 0.27 | -0.34 | -0.21 |
| Sortino ratio | 0.49 | -0.46 | -0.29 |
| Best month | +8.4% | +8.4% | +8.4% |
| Worst month | −2.8% | −6.6% | −6.6% |
| Best 12 months | +19.6% | +19.6% | +19.6% |
| Worst 12 months | −0.1% | −20.3% | −20.3% |
| Positive months | 69% | 57% | 58% |
| Beta vs S&P 500 | 0.35 | 0.41 | — |
| Correlation with S&P 500 | 0.66 | 0.69 | — |
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.
SHYM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 56 | −20.3% | +2.8% | +19.6% | 71% |
| 3-year (a year) | 32 | −1.1% | +4.5% | +8.6% | 72% |
| 5-year (a year) | 8 | +0.1% | +0.8% | +1.3% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
SHYM performance overview
SHYM (SHYM) returned +1.7% over the past year and +0.7% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +1.5% a year, turning $10,000 into about $10,869. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −22.8%, from Jul 19, 2021 to Oct 24, 2022, and it took 3.2 years to get back to the old high. SHYM finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+9.7%) and the worst 2022 (−16.0%). Volatility has been 9.0% a year.
Related: SHYM chart, SHYM dividends, SHYM bond profile. See the SHYM overview for the latest quote and fund facts.
SHYM performance FAQ
What is the SHYM return over the past year?
SHYM returned +1.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.6%.
What is the average annual return of SHYM?
SHYM has returned +0.7% a year over 5 years, +1.5% a year since March 18, 2021 (total return, distributions reinvested).
How much would $10,000 invested in SHYM be worth?
$10,000 invested in SHYM at its first recorded close on March 18, 2021 would be worth about $10,869 on October 23, 2026 with distributions reinvested.
What was the worst year for SHYM?
The worst calendar year was 2022, with a total return of −16.0%. The best was 2023 at +9.7%.
What is the biggest drawdown of SHYM?
The largest peak-to-trough decline was −22.8% between July 19, 2021 and October 24, 2022. It recovered to the old high on January 9, 2026, 3.2 years after the bottom.
How volatile is SHYM?
Over the past 3 years SHYM had an annualized volatility of 6.6% and a Sharpe ratio of 0.27 (excess return over 1–3 month T-bills per unit of risk).