iShares US & Intl High Yield Corp Bond ETF

10-Year Study

GHYG.US · · US · ETF

Executive Summary: iShares US & Intl High Yield Corp Bond ETF has compounded at 4.8% annually over the last 10 years, with a maximum drawdown of 19.3% and an annualized volatility of 9.1%.

1Y CAGR
+5.9%
3Y CAGR
+9.1%
5Y CAGR
+3.1%
10Y CAGR
+4.8%

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 →
19.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.11
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.12
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
8.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +13.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -12.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.8-0.9-2.11.8————————-0.4%
20251.21.1-0.31.61.32.5-0.11.30.8-0.60.81.011.3%
2024-0.40.11.1-1.32.0-0.12.42.01.7-1.30.6-1.05.9%
20234.0-2.22.60.4-1.51.91.5-0.4-1.9-0.65.24.013.3%
2022-3.1-1.3-1.4-5.11.8-7.96.6-4.9-4.33.55.0-0.6-12.2%
2021-0.40.10.01.40.90.2-0.10.3-0.8-0.3-1.62.01.6%
2020-0.5-2.1-12.35.35.00.26.00.4-1.30.04.52.76.7%
20194.61.60.81.1-1.83.0-0.60.7-0.10.80.62.113.5%
20181.7-1.6-0.0-0.1-1.60.51.30.10.9-2.4-0.9-1.8-3.8%
20171.50.80.21.31.50.42.10.30.4-0.10.00.29.0%
2016———3.7-0.50.92.02.00.9-0.8-1.42.39.3%

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 9.1%. The dominant macroeconomic risk driver is HYG.US, accounting for 62.4% of variance. Idiosyncratic stock-specific factors contribute 1.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110369.906181909855
2016-05-0110312.967064628237
2016-06-0110406.641096285091
2016-07-0110614.87764032197
2016-08-0110823.834476797578
2016-09-0110923.30686258621
2016-10-0110835.431185061136
2016-11-0110685.898474780759
2016-12-0110932.022401094842
2017-01-0111092.143410224551
2017-02-0111180.631336322545
2017-03-0111202.02402175283
2017-04-0111351.340644301587
2017-05-0111520.35726504961
2017-06-0111569.301136261322
2017-07-0111811.787585759816
2017-08-0111850.82743593899
2017-09-0111897.934561431943
2017-10-0111887.670394180037
2017-11-0111889.939315362037
2017-12-0111912.556497938163
2018-01-0112117.983901463993
2018-02-0111927.250463688257
2018-03-0111923.144796787496
2018-04-0111910.611708353588
2018-05-0111725.640610087696
2018-06-0111786.721408892012
2018-07-0111941.152107755748
2018-08-0111955.77404426197
2018-09-0112062.125222840474
2018-10-0111768.60605405795
2018-11-0111666.180469270521
2018-12-0111461.365314317613
2019-01-0111986.7826337493
2019-02-0112179.640934219293
2019-03-0112272.702717303224
2019-04-0112404.048043505662
2019-05-0112185.475302973007
2019-06-0112550.375452433685
2019-07-0112476.54547746385
2019-08-0112568.92298273099
2019-09-0112561.539985234005
2019-10-0112667.53101759314
2019-11-0112739.956422307458
2019-12-0113005.924405308555
2020-01-0112945.924045162335
2020-02-0112673.581474078477
2020-03-0111112.34761313093
2020-04-0111700.934579439252
2020-05-0112290.637999027605
2020-06-0112312.750976896621
2020-07-0113046.152738011633
2020-08-0113099.814524697029
2020-09-0112925.323681414653
2020-10-0112931.230079412242
2020-11-0113515.3152179785
2020-12-0113875.245349611941
2021-01-0113815.100930977975
2021-02-0113823.168206291753
2021-03-0113828.714458069977
2021-04-0114020.564349125743
2021-05-0114145.35501413574
2021-06-0114175.931428159834
2021-07-0114158.248248789007
2021-08-0114205.751535123261
2021-09-0114096.339113680155
2021-10-0114048.943871211712
2021-11-0113824.608791169216
2021-12-0114099.976590495742
2022-01-0113665.1720598563
2022-02-0113492.445933048817
2022-03-0113298.39915005492
2022-04-0112621.324257648605
2022-05-0112851.385662579007
2022-06-0111831.127437739724
2022-07-0112606.84637963013
2022-08-0111987.791043163523
2022-09-0111467.343741559072
2022-10-0111864.224875299371
2022-11-0112462.31970179893
2022-12-0112386.65298111033
2023-01-0112880.341418615959
2023-02-0112593.52096951362
2023-03-0112926.728251670178
2023-04-0112976.968649271603
2023-05-0112778.348009291773
2023-06-0113015.720382475285
2023-07-0113214.917256406101
2023-08-0113166.261502169882
2023-09-0112912.322402895576
2023-10-0112832.58602992815
2023-11-0113494.354708011451
2023-12-0114031.512794194443
2024-01-0113974.393603803144
2024-02-0113989.231628040985
2024-03-0114142.906019844057
2024-04-0113955.413898042603
2024-05-0114233.842940233733
2024-06-0114222.642392811482
2024-07-0114569.859362901336
2024-08-0114854.482920065546
2024-09-0115113.103920191597
2024-10-0114910.95384726199
2024-11-0115004.807952028523
2024-12-0114857.184016710786
2025-01-0115039.237930599822
2025-02-0115209.983253200799
2025-03-0115168.134262510577
2025-04-0115408.531863936758
2025-05-0115611.906434012208
2025-06-0116005.690310265967
2025-07-0115991.500549222983
2025-08-0116206.507842183926
2025-09-0116333.855545351413
2025-10-0116236.219905281543
2025-11-0116361.874921218014
2025-12-0116531.575819782833
2026-01-0116664.181657753048
2026-02-0116509.462841913817
2026-03-0116162.425944933642
2026-04-0116458.682224983342
Annual Return Matrix
YearAnnual Return
20170.08969375115304534
2018-0.03787526075520742
20190.13476222497344792
20200.06684038113804203
20210.016196559788406617
2022-0.12151251446334299
20230.1327929195717783
20240.058844062976442846
20250.1126991360670202
2026-0.004409355502108747
Total Factor Risk
0.09060810014898531
VTI.US Exposure
-0.07314861036274252
VEA.US Exposure
0.03021378506367035
VWO.US Exposure
-0.01523338405767095
QQQ.US Exposure
0.06069948983086789
VTV.US Exposure
0.008799505509352365
IJR.US Exposure
0.013482607286359524
QUAL.US Exposure
0.002710699931496632
SHV.US Exposure
0.24275568093711272
TLT.US Exposure
-0.0034016935249149447
LQD.US Exposure
-0.021485333293162975
HYG.US Exposure
0.6242738943897802
GLD.US Exposure
-0.004943137368255807
USO.US Exposure
0.002079989879951187
VNQ.US Exposure
0.022160342568175787
BTC-USD.CC Exposure
0.0010487073146933344
CPER.US Exposure
0.010958941085238922
VIX.INDX Exposure
-0.010766759302629669
UUP.US Exposure
0.10882039679018815
TIP.US Exposure
-0.008641454389623866
Idiosyncratic Exposure
0.009616331712113577
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
9.1%

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 →0.00%
Market Cap$0
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
$163
Avg Yield on Cost
1.63%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$162.641.63%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 →
+0.4%
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 →
+0.9%
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 →
1.8% 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 →
0.71
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares US & Intl High Yield Corp Bond ETF a high-risk investment?

iShares US & Intl High Yield Corp Bond ETF (GHYG.US) has an annualized volatility of 9.1% and experienced a maximum drawdown of 19.3% over the last 10 years. Its primary macro risk driver is HYG.US.

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

Over the past 10 years, GHYG.US has generated a Compound Annual Growth Rate (CAGR) of 4.8%. It has had a positive return in 70% 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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