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iShares 0-5 Year High Yield Corporate Bond ETF

SHYGNYSE ArcaiSharesA

$40.94−0.08 (−0.20%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: down, 79 prints from 41.02 to 40.94. Range 40.94 to 41.09. Use the arrow keys to read each point.40.9841.0041.0541.0810 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$7.71B
1Y total return
+2.7%
Yield · Last 12 months
7.14%
Holdings
1147
Avg volume · 30D
1.49M sh
52W range
low $40.82high $43.14
Launched
Filings
SEC EDGAR

The ETF.net SHYG Grade

A

Score 80 out of 100

Rank
7 of 85
Six-pillar profile for SHYG. Scores out of 100: Cost 75, Risk 64, Mission 100, Tradability 66, Holdings 86, Durability 93. Strongest: Mission (100). Weakest: Risk (64). Leans toward Mission.

Score 80 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 100
    Rank 21 of 85
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 77
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 10 of 85
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B66 out of 100
    Rank 20 of 85
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A86 out of 100
    Rank 13 of 85
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A93 out of 100
    Rank 2 of 85

Our read on SHYG

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Oct 15, 2013

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SHYG$10,266
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SHYG $10,266. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for SHYG. Periods over one year show the average yearly return.
PeriodSHYG
Year to date+1.4%
1 month+0.6%
3 months−0.4%
1 year+2.7%
3 yearsper year+7.8%
5 yearsper year+4.6%
10 yearsper year+4.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SHYG
YearReturn barSHYG
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

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
7.14%Last 12 months
Payout per share
$2.95Last 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.24; Mar 1, 2023 $0.23; Apr 3, 2023 $0.26; May 1, 2023 $0.22; Jun 1, 2023 $0.23; Jul 3, 2023 $0.22; Aug 1, 2023 $0.21; Sep 1, 2023 $0.23; Oct 2, 2023 $0.23; Nov 1, 2023 $0.23; Dec 1, 2023 $0.23; Dec 14, 2023 $0.23; Feb 1, 2024 $0.23; Mar 1, 2024 $0.23; Apr 1, 2024 $0.25; May 1, 2024 $0.24; Jun 3, 2024 $0.25; Jul 1, 2024 $0.24; Aug 1, 2024 $0.25; Sep 3, 2024 $0.25; Oct 1, 2024 $0.25; Nov 1, 2024 $0.25; Dec 2, 2024 $0.25; Dec 18, 2024 $0.26; Feb 3, 2025 $0.25; Mar 3, 2025 $0.26; Apr 1, 2025 $0.26; May 1, 2025 $0.26; Jun 2, 2025 $0.25; Jul 1, 2025 $0.25; Aug 1, 2025 $0.25; Sep 2, 2025 $0.24; Oct 1, 2025 $0.25; Nov 3, 2025 $0.24; Dec 1, 2025 $0.26; Dec 19, 2025 $0.25; Feb 2, 2026 $0.25; Mar 2, 2026 $0.24; Apr 1, 2026 $0.25; May 1, 2026 $0.25; Jun 1, 2026 $0.25; Jul 1, 2026 $0.24; Aug 3, 2026 $0.25; Sep 1, 2026 $0.24; Oct 1, 2026 $0.24. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.24
Oct 1, 2026Oct 6, 2026$0.24
Sep 1, 2026Sep 4, 2026$0.24
Aug 3, 2026Aug 6, 2026$0.25
Jul 1, 2026Jul 7, 2026$0.24
Jun 1, 2026Jun 4, 2026$0.25
May 1, 2026May 6, 2026$0.25
Apr 1, 2026Apr 7, 2026$0.25
Mar 2, 2026Mar 5, 2026$0.24
Feb 2, 2026Feb 5, 2026$0.25
Dec 19, 2025Dec 24, 2025$0.25
Dec 1, 2025Dec 4, 2025$0.26

See all 156 payments⁠

$10,000 in SHYG 10 years ago paid $5,594 in dividends.⁠

SHYG Risk

How much the fund’s monthly returns vary, scaled to a year.
3.5%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.92
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−9.4%
Trough Jun 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.44
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SHYG Cost

Overpaying vs SCYB, cheapest in US High Yield

$5,511

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SHYG 0.30%

    $6,149

  • SCYB 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • SHYG 0.30%
  • SCYB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530SHYG $6,149SCYB $638

Year by year

YearSHYGSCYBOverpaying
10$545$55$490
20$2,113$216$1,897
30$6,149$638$5,511

Other funds in US High Yield