iShares 0-5 Year High Yield Corporate Bond ETF
$41.17−0.10 (−0.24%)
- 0.30%
- $7.6B
- +3.7%
- 7.14%
- 1.5M sh
- $41.12
- low $40.82high $43.31
The ETF.net SHYG Grade
A
Score 81 out of 100
- 7 of 85
Score 81 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 21 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 11 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A73 out of 100Rank 17 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A91 out of 100Rank 9 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A93 out of 100Rank 2 of 85
Our read on SHYG
AHigh yield without the long-bond whiplash. SHYG owns only junk bonds maturing inside five years, keeping interest-rate sensitivity low while the credit exposure does the work. iShares has run it since 2013.
The fund seeks to track an index of short-term, U.S. dollar-denominated high-yield corporate bonds, providing short-duration exposure intended to pursue income while managing interest-rate risk.
Why people hold it
- The maturity screen is the whole point: only short-dated high-yield bonds, which trims interest-rate sensitivity while keeping the below-investment-grade credit exposure intact.ishares.com
- At 0.30% a year it sits below the typical high-yield bond ETF, where fees cluster nearer 0.40%.
- Spread across roughly 1,200 bonds, pays monthly, and tracks its index about as tightly as anything in the high-yield group.
- A multi-billion-dollar, actively traded fund that has been open since 2013, so the plumbing has a long record behind it.
Worth knowing
- The short-maturity screen costs you: broad high-yield rivals SCYB (0.03%), SPHY (0.05%) and USHY (0.08%) charge a fraction of the fee.
- Shorter maturities dial down rate risk, not credit risk. These are still below-investment-grade borrowers, which is the volatile end of the bond market.
- US dollar-denominated corporate bonds only, so no currency or foreign-credit diversification in the mix.
SHYG Holdings
- Bonds
- 1,145
- 5%
- Blk Csh Fnd Treasury Sl Agency
Geography
- United States86.23%
- Canada3.55%
- Luxembourg1.76%
- United Kingdom1.71%
- Japan1.26%
- Ireland0.80%
- Cayman Islands0.76%
- Australia0.74%
- 3.17%
SHYG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SHYG$10,370
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SHYG |
|---|---|
| Year to date | +1.4% |
| 1 month | −0.7% |
| 3 months | −0.5% |
| 1 year | +3.7% |
| 3 years | +7.8% |
| 5 years | +4.7% |
| 10 years | +4.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SHYG |
|---|---|---|
| 2026 YTD | +1.4% | |
| 2025 | +7.9% | |
| 2024 | +8.2% | |
| 2023 | +10.4% | |
| 2022 | −4.7% | |
| 2021 | +4.6% | |
| 2020 | +3.2% |
SHYG in the news
SHYG Dividends
- 7.14%
- $2.95
- $0.24 per share
- Monthly
Distribution history
SHYG Risk
- 3.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.77
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −9.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.44
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SHYG Cost
0.30%
SHYG0.30%
- The middle half of US High Yield funds
- Median 0.43%
20 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- ABHYBXtrackers USD High Yield BB-B ex Financials ETFExpense ratio 0.20%1 year return +3.3%
- ABBHYJPMorgan BetaBuilders USD High Yield Corporate Bond ETFExpense ratio 0.07%1 year return +2.8%
- ASHYLXtrackers Short Duration High Yield Bond ETFExpense ratio 0.20%1 year return +2.8%
- AXBBBondBloxx BB Rated USD High Yield Corporate Bond ETFExpense ratio 0.20%1 year return +3.0%
- ABKHYBNY Mellon High Yield ETFExpense ratio 0.22%1 year return +2.6%