iShares Yield Optimized Bond ETF

10-Year Study

BYLD.US · · US · ETF

Executive Summary: iShares Yield Optimized Bond ETF has compounded at 3.0% annually over the last 10 years, with a maximum drawdown of 14.1% and an annualized volatility of 6.6%.

1Y CAGR
+6.1%
3Y CAGR
+6.3%
5Y CAGR
+2.1%
10Y CAGR
+3.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
14.1%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.28
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.35
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
4.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +12.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -10.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.60.6-2.21.0————————-0.1%
20250.81.8-0.50.00.51.70.21.11.40.60.50.08.4%
2024-0.1-0.51.1-1.71.80.41.71.41.6-1.51.3-1.34.2%
20232.2-1.42.00.5-0.60.70.7-0.3-1.8-1.04.33.38.7%
2022-2.0-1.3-2.2-3.71.2-3.03.4-2.9-3.10.43.0-0.3-10.3%
2021-0.9-1.5-0.81.10.30.70.8-0.1-0.8-0.2-0.20.4-1.3%
20201.40.5-5.12.71.50.51.8-0.3-0.5-0.11.50.54.3%
20192.90.42.00.30.72.30.42.1-0.40.40.20.812.8%
2018-0.7-1.10.2-0.50.2-0.10.70.20.2-1.4-0.10.8-1.5%
20170.50.80.00.80.80.20.50.8-0.10.1-0.20.54.7%
2016———1.4-0.31.60.30.60.4-0.7-1.20.42.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 6.6%. The dominant macroeconomic risk driver is SHV.US, accounting for 58.2% of variance. Idiosyncratic stock-specific factors contribute 2.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110140.193048811043
2016-05-0110110.901650102012
2016-06-0110275.852194766923
2016-07-0110306.515695655804
2016-08-0110363.965017360075
2016-09-0110405.128082755658
2016-10-0110335.866750981353
2016-11-0110214.226909906578
2016-12-0110253.898559889276
2017-01-0110304.666340543828
2017-02-0110386.455561786359
2017-03-0110389.855988927731
2017-04-0110474.091131447389
2017-05-0110557.789364418408
2017-06-0110578.01295741711
2017-07-0110626.812069726655
2017-08-0110710.629615930704
2017-09-0110698.280696312027
2017-10-0110709.79442329949
2017-11-0110687.960101654877
2017-12-0110740.636894037918
2018-01-0110663.978141815709
2018-02-0110541.861047808814
2018-03-0110563.576056220396
2018-04-0110511.0782336869
2018-05-0110535.060193526064
2018-06-0110527.245176762557
2018-07-0110600.801784925967
2018-08-0110626.812069726655
2018-09-0110650.25712001718
2018-10-0110501.234891961869
2018-11-0110491.391550236836
2018-12-0110579.265746363928
2019-01-0110884.767279538974
2019-02-0110933.68570508155
2019-03-0111147.495018672522
2019-04-0111182.69242241657
2019-05-0111256.666626895589
2019-06-0111518.618830014437
2019-07-0111567.895195256106
2019-08-0111806.044408385334
2019-09-0111764.702373140206
2019-10-0111813.620798682785
2019-11-0111840.883872430291
2019-12-0111932.874375096942
2020-01-0112098.898738859127
2020-02-0112153.48454297066
2020-03-0111533.711953992817
2020-04-0111843.687733406514
2020-05-0112025.043847613138
2020-06-0112086.72878909
2020-07-0112308.472432677509
2020-08-0112276.07888990968
2020-09-0112218.211971889803
2020-10-0112201.030866333387
2020-11-0112385.190841516234
2020-12-0112441.029434574588
2021-01-0112330.366410938637
2021-02-0112144.05879756124
2021-03-0112043.776025198955
2021-04-0112171.381527925263
2021-05-0112202.402968513237
2021-06-0112284.251846372283
2021-07-0112385.071528283202
2021-08-0112375.228186558172
2021-09-0112274.94541419589
2021-10-0112252.991779318245
2021-11-0112232.231276770908
2021-12-0112285.266008853041
2022-01-0112039.36143557682
2022-02-0111881.092431961632
2022-03-0111620.393017789604
2022-04-0111194.265806020547
2022-05-0111326.345554985504
2022-06-0110985.885244532472
2022-07-0111355.04038752938
2022-08-0111029.434574588668
2022-09-0110691.24121556322
2022-10-0110734.313292687295
2022-11-0111051.507522699345
2022-12-0111016.369775571811
2023-01-0111255.89109088089
2023-02-0111097.085177717061
2023-03-0111319.186761003664
2023-04-0111375.741233460203
2023-05-0111311.312087623639
2023-06-0111390.058821423885
2023-07-0111467.254483194733
2023-08-0111435.517163208573
2023-09-0111228.38939066732
2023-10-0111115.459415603786
2023-11-0111597.604190280743
2023-12-0111975.827138987986
2024-01-0111958.944316514144
2024-02-0111903.821602853974
2024-03-0112032.6798945271
2024-04-0111828.534952811618
2024-05-0112040.673881140157
2024-06-0112092.33651104244
2024-07-0112297.43595862217
2024-08-0112473.303664109388
2024-09-0112668.440456731058
2024-10-0112474.019543507571
2024-11-0112633.481679453069
2024-12-0112475.272332454393
2025-01-0112570.603605645903
2025-02-0112798.312910884946
2025-03-0112737.52281865582
2025-04-0112740.207366399009
2025-05-0112799.983296147377
2025-06-0113017.133380263205
2025-07-0113044.81405032632
2025-08-0113190.913104172383
2025-09-0113373.16406762674
2025-10-0113455.132258718815
2025-11-0113524.214620643577
2025-12-0113524.990156658274
2026-01-0113605.287962487922
2026-02-0113680.872895612854
2026-03-0113379.308699127821
2026-04-0113512.223640723993
Annual Return Matrix
YearAnnual Return
20170.047468612187431036
2018-0.01502435556345505
20190.12794920377137187
20200.042584464019677304
2021-0.012520139634801253
2022-0.10328602021045674
20230.08709378706075399
20240.04170444242973703
20250.08414388048852794
2026-0.0009439205342414159
Total Factor Risk
0.06604646544083537
VTI.US Exposure
0.11839207688376792
VEA.US Exposure
0.03201604242985295
VWO.US Exposure
-0.004646396183154845
QQQ.US Exposure
-0.04703294074849958
VTV.US Exposure
-0.015670381921809168
IJR.US Exposure
0.004080923931771699
QUAL.US Exposure
-0.027790451753478256
SHV.US Exposure
0.5822116968086753
TLT.US Exposure
0.052531387066087495
LQD.US Exposure
0.16429849884596642
HYG.US Exposure
0.10972758727460506
GLD.US Exposure
0.005522306356822644
USO.US Exposure
0.0036909948870467303
VNQ.US Exposure
-0.015875360064038332
BTC-USD.CC Exposure
-0.005263568668782314
CPER.US Exposure
-0.0026968245985133942
VIX.INDX Exposure
0.002466017511200029
UUP.US Exposure
-0.006119337356883365
TIP.US Exposure
0.03050310606128537
Idiosyncratic Exposure
0.019654623238077505
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
63.1
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
6.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →5.26%
Market Cap$667.0M
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$119
Avg Yield on Cost
1.19%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$119.311.19%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.75
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares Yield Optimized Bond ETF a high-risk investment?

iShares Yield Optimized Bond ETF (BYLD.US) has an annualized volatility of 6.6% and experienced a maximum drawdown of 14.1% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of BYLD.US?

Over the past 10 years, BYLD.US has generated a Compound Annual Growth Rate (CAGR) of 3.0%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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