(SHYG) 0-5 Year High Yield - Overview
Etf: Bonds, High-Yield, Short-Term, Corporate
Dividends
| Dividend Yield | 7.04% |
| Yield on Cost 5y | 8.23% |
| Yield CAGR 5y | 8.29% |
| Payout Consistency | 97.3% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 2.95% |
| Relative Tail Risk | -2.41% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.52 |
| Alpha | -0.13 |
| Character TTM | |
|---|---|
| Beta | 0.228 |
| Beta Downside | 0.238 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.53% |
| CAGR/Max DD | 1.86 |
Description: SHYG 0-5 Year High Yield January 09, 2026
The iShares 0-5 Year High Yield Corporate Bond ETF (NYSE ARCA: SHYG) tracks an index that measures the performance of U.S.-dollar-denominated high-yield corporate debt, aiming to capture the total return of short-duration, below-investment-grade bonds.
SHYG is required to hold at least 80 % of its assets in the securities that compose the underlying index, and at least 90 % in fixed-income instruments that BFA judges will enable the fund to closely follow the index’s movements.
Key quantitative characteristics (as of Q4 2025) include an expense ratio of roughly 0.45 %, a weighted-average maturity of about 2.6 years, and a distribution yield near 5.8 %, reflecting the higher credit risk premium typical of the high-yield segment.
Performance is highly sensitive to macro-economic factors such as Federal Reserve policy, corporate default rates, and the spread between high-yield and Treasuries; a tightening cycle or recession-linked credit stress can widen spreads and depress returns, while a flattening yield curve can support price appreciation.
For a deeper dive into how SHYG’s risk-adjusted returns compare to peers and to explore scenario-based forecasts, consider checking ValueRay’s analytical tools.
What is the price of SHYG shares?
Over the past week, the price has changed by -0.03%, over one month by +0.23%, over three months by +1.99% and over the past year by +6.78%.
Is SHYG a buy, sell or hold?
What are the forecasts/targets for the SHYG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 48.8 | 14% |
SHYG Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 8.12b USD (8.12b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 8.12b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 8.12b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.76% (E(8.12b)/V(8.12b) * Re(6.76%) + (debt-free company))
Discount Rate = 6.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)