iShares 0-5 Year High Yield Corporate Bond ETF
$41.62−0.23 (−0.54%)
- Expense ratio
- 0.30%
- Fund size
- $7.8B
- 1Y return
- +3.4%
- Yield · Last 12 months
- 7.06%
- Holdings
- 1154
- Volume · 30D
- 1.4M sh
- NAV per share
- $41.79
- 52W range
The ETF.net SHYG Grade
Score 81 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 75Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 71Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 88Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 92Category rank
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
- 1,154
- 6%
- BLK CSH FND TREASURY SL AGENCY
Sectors
- Utilities99.3%
- Real Estate0.7%
Geography
- United States85.48%
- Canada3.92%
- United Kingdom1.78%
- Luxembourg1.77%
- Japan1.18%
- Netherlands1.04%
- Cayman Islands0.84%
- Ireland0.80%
- 3.18%
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$10,340
Returns run to the Sep 22, 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 | +2.2% |
| 1 month | −0.4% |
| 3 months | +0.4% |
| 1 year | +3.4% |
| 3 years | +7.8% |
| 5 years | +4.8% |
| 10 years | +4.8% |
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 | +2.2% | |
| 2025 | +7.9% | |
| 2024 | +8.2% | |
| 2023 | +10.4% | |
| 2022 | −4.7% | |
| 2021 | +4.6% | |
| 2020 | +3.2% |
SHYG in the news
SHYG Dividends
- 7.06%
- $2.95
- $0.24 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.24 |
| Aug 3, 2026 | Aug 6, 2026 | $0.25 |
| Jul 1, 2026 | Jul 7, 2026 | $0.24 |
| Jun 1, 2026 | Jun 4, 2026 | $0.25 |
| May 1, 2026 | May 6, 2026 | $0.25 |
| Apr 1, 2026 | Apr 7, 2026 | $0.25 |
| Mar 2, 2026 | Mar 5, 2026 | $0.24 |
| Feb 2, 2026 | Feb 5, 2026 | $0.25 |
| Dec 19, 2025 | Dec 24, 2025 | $0.25 |
| Dec 1, 2025 | Dec 4, 2025 | $0.26 |
| Nov 3, 2025 | Nov 6, 2025 | $0.24 |
| Oct 1, 2025 | Oct 6, 2025 | $0.25 |
SHYG Risk
- 3.4%
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.
- 0.91
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%
19 of the 84 US High Yield funds charge less.