| SHYG | |
|---|---|
| Total return | +58.0% |
| Annualised (CAGR) | +4.7% |
| Volatility (annualised) | +5.8% |
| Sharpe (rf = 0) | 0.81 |
| Deepest drawdown | -19.3% |
| Drawdown peak → trough | 2020-02-14 → 2020-03-23 |
| Dividend yield (12m distributions) | 7.15% (as of 2026-09-29) |
| Rebalancing (from its prospectus) | Monthly |
Rebalancing: per the fund's prospectus summary, the fund is rebalanced monthly. That schedule is set by the index provider, not by a view on where the market is going — and it says nothing about how often you should rebalance a portfolio; that side is covered in how often index funds rebalance.
Over the 10.0 years to 2026-09-29 the fund returned +58.0% in total (+4.7% a year), with a deepest drawdown of -19.3% from 2020-02-14 to 2020-03-23. Its worst calendar year was 2022 (-4.7%), its best 2023 (+10.4%).
| Year | SHYG |
|---|---|
| 2026 | +0.9% |
| 2025 | +7.9% |
| 2024 | +8.2% |
| 2023 | +10.4% |
| 2022 | -4.7% |
| 2021 | +4.6% |
| 2020 | +3.2% |
| 2019 | +9.9% |
| 2018 | +0.0% |
| 2017 | +5.1% |
| 2016 | +2.2% |
+58.0% in total, which works out to +4.7% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2022 — its calendar-year return was -4.7% (net of fees, dividends reinvested). Its best year was 2023 (+10.4%).
-19.3%, from a peak on 2020-02-14 to a trough on 2020-03-23. From that trough it took 239 days (about 7.9 months) to climb back to the earlier peak.
Over the last 12 months it distributed 7.15% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say SHYG is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -19.3% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.