Data Source: from January 1979 to August 2022
Consolidated Returns as of 31 Aug 2022
Live Update: Sep 23 2022
Category: Fixed Income
ETF: iShares iBoxx $ High Yield Corporate Bond (HYG)
ETF • LIVE PERFORMANCE (USD currency)
1.27%
1 Day
Sep 23 2022
2.74%
Current Month
September 2022

In the last 30 Years, the iShares iBoxx $ High Yield Corporate Bond (HYG) ETF obtained a 5.65% compound annual return, with a 8.64% standard deviation.

In 2021, the ETF granted a 4.08% dividend yield. If you are interested in getting periodic income, please refer to the iShares iBoxx $ High Yield Corporate Bond (HYG) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Bond
  • Region: North America
  • Country: U.S.
  • Bond - Duration: Intermediate-Term

The iShares iBoxx $ High Yield Corporate Bond (HYG) ETF is part of the following Lazy Portfolios:

Portfolio Name Author HYG Weight
Edge Select Moderately Conservative Merrill Lynch 5.0%
Edge Select Conservative Merrill Lynch 4.0%
Edge Select Moderate Merrill Lynch 4.0%
Edge Select Moderately Aggressive Merrill Lynch 3.0%
Edge Select Aggressive Merrill Lynch 1.0%
Conservative Income Charles Schwab 7.0%
Family Taxable Portfolio Ted Aronson 5.0%
Gone Fishin' Portfolio Alexander Green 10.0%
Dynamic 40/60 Income 20.0%
Dynamic 60/40 Income 20.0%
Aggressive Global Income 20.0%
High Yield Bonds Income 25.0%

Historical Returns as of Aug 31, 2022

Historical returns and stats of iShares iBoxx $ High Yield Corporate Bond (HYG) ETF. Total Returns and Inflation Adjusted Returns are both mentioned.

ISHARES IBOXX $ HIGH YIELD CORPORATE BOND (HYG) ETF
Consolidated returns as of 31 Aug 2022
Data Source: from January 1979 to August 2022
Swipe left to see all data
Period Return (%)
as of Aug 2022
Return (%)
Infl.Adj.
Standard
Deviation (%)
Max
Drawdown (%)
Months
Pos - Neg
1M
Aug 2022
-4.31
-4.28
-4.31
Aug 2022 - Aug 2022
0 - 1
3M
-5.10
-6.34
-7.05
Jun 2022 - Jun 2022
1 - 2
6M
-8.77
-12.61
-10.65
Mar 2022 - Jun 2022
2 - 4
YTD
-11.96
-17.12
-13.77
Jan 2022 - Jun 2022
2 - 6
1Y
-11.61
-18.35
11.76
-13.77
Jan 2022 - Jun 2022
3 - 9
25% pos
3Y(*)
-0.60
-5.24
10.57
-13.77
Jan 2022 - Jun 2022
18 - 18
50% pos
5Y(*)
1.41
-2.32
8.83
-13.77
Jan 2022 - Jun 2022
35 - 25
58% pos
10Y(*)
3.15
0.59
7.27
-13.77
Jan 2022 - Jun 2022
77 - 43
64% pos
15Y(*)
4.34
1.90
11.02
-30.43
Nov 2007 - Nov 2008
114 - 66
63% pos
20Y(*)
5.27
2.70
9.81
-30.85
Jun 2007 - Nov 2008
160 - 80
67% pos
25Y(*)
4.67
2.15
9.22
-30.85
Jun 2007 - Nov 2008
198 - 102
66% pos
30Y(*)
5.65
3.07
8.64
-30.85
Jun 2007 - Nov 2008
247 - 113
69% pos
MAX(*)
01 Jan 1979
7.41
3.84
8.48
-30.85
Jun 2007 - Nov 2008
371 - 153
71% pos
(*) Returns over 1 year are annualized

US Inflation is updated to Aug 2022. Current inflation (annualized) is 1Y: 8.26% , 5Y: 3.82% , 10Y: 2.54% , 30Y: 2.51%

ETF Returns, up to December 2007, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets.

Correlations as of Aug 31, 2022

Monthly correlations of iShares iBoxx $ High Yield Corporate Bond (HYG) ETF vs the main Asset Classes, over different timeframes.

Columns are sortable (click on table header to sort).

ISHARES IBOXX $ HIGH YIELD CORPORATE BOND (HYG) ETF
Monthly correlations as of 31 Aug 2022
Swipe left to see all data
Correlation vs HYG
 
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
US Total Stock Market
VTI
0.82
0.83
0.78
0.67
0.67
US Large Cap
SPY
0.82
0.82
0.77
0.66
0.65
US Small Cap
IJR
0.92
0.80
0.72
0.65
0.65
US REITs
VNQ
0.68
0.75
0.65
0.67
0.67
US Technology
QQQ
0.76
0.73
0.67
0.50
0.50
Preferred Stocks
PFF
0.91
0.89
0.81
0.64
0.64
EAFE Stocks
EFA
0.89
0.80
0.77
0.66
0.65
World All Countries
VT
0.85
0.84
0.81
0.70
0.69
Emerging Markets
EEM
0.57
0.68
0.65
0.59
0.58
Europe
VGK
0.83
0.79
0.75
0.67
0.67
Pacific
VPL
0.93
0.76
0.71
0.54
0.53
Latin America
FLLA
0.50
0.65
0.62
0.56
0.55
US Total Bond Market
BND
0.80
0.56
0.50
0.37
0.37
Long Term Treasuries
TLT
0.48
0.05
0.08
0.01
0.02
US Cash
BIL
-0.31
-0.19
-0.15
-0.03
-0.03
TIPS
TIP
0.86
0.65
0.57
0.38
0.38
Investment Grade Bonds
LQD
0.87
0.78
0.71
0.63
0.63
International Bond Market
BNDX
0.78
0.62
0.54
0.36
0.36
Emerging Market Bonds
EMB
0.86
0.85
0.80
0.63
0.63
Gold
GLD
0.09
0.22
0.23
0.13
0.13
Commodities
DBC
0.19
0.45
0.44
0.32
0.32

Capital Growth as of Aug 31, 2022

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the iShares iBoxx $ High Yield Corporate Bond (HYG) ETF: Dividend Yield page.

An investment of 1000$, since September 1992, now would be worth 5206.79$, with a total return of 420.68% (5.65% annualized).

The Inflation Adjusted Capital now would be 2477.07$, with a net total return of 147.71% (3.07% annualized).
An investment of 1000$, since January 1979, now would be worth 22675.51$, with a total return of 2167.55% (7.41% annualized).

The Inflation Adjusted Capital now would be 5183.26$, with a net total return of 418.33% (3.84% annualized).

Drawdowns

Worst drawdowns since September 1992.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-30.85% Jun 2007 Nov 2008 18 Nov 2009 12 30
-13.77% Jan 2022 Jun 2022 6 in progress 2 8
-11.61% Jan 2020 Mar 2020 3 Nov 2020 8 11
-9.47% Jun 2015 Jan 2016 8 Jul 2016 6 14
-8.09% Jun 2011 Sep 2011 4 Dec 2011 3 7
-6.93% May 2002 Jul 2002 3 Jan 2003 6 9
-6.83% Feb 1994 Apr 1994 3 Feb 1995 10 13
-6.46% Sep 2000 Nov 2000 3 Jan 2001 2 5
-6.03% Mar 2001 Sep 2001 7 Apr 2002 7 14
-4.68% May 2010 May 2010 1 Jul 2010 2 3
-4.41% Oct 2018 Dec 2018 3 Jan 2019 1 4
-4.22% May 2013 Jun 2013 2 Oct 2013 4 6
-3.90% Aug 1998 Oct 1998 3 Nov 1998 1 4
-3.22% May 2012 May 2012 1 Jun 2012 1 2
-3.21% Mar 2005 Apr 2005 2 Jul 2005 3 5
-3.02% May 1999 Aug 1999 4 Jul 2000 11 15
-2.91% Jul 2014 Dec 2014 6 May 2015 5 11
-2.50% Oct 1992 Oct 1992 1 Dec 1992 2 3
-2.24% Apr 2004 May 2004 2 Jul 2004 2 4
-1.93% May 2019 May 2019 1 Jun 2019 1 2

Worst drawdowns since January 1979.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-30.85% Jun 2007 Nov 2008 18 Nov 2009 12 30
-13.77% Jan 2022 Jun 2022 6 in progress 2 8
-12.50% Aug 1990 Oct 1990 3 Apr 1991 6 9
-11.61% Jan 2020 Mar 2020 3 Nov 2020 8 11
-9.47% Jun 2015 Jan 2016 8 Jul 2016 6 14
-9.27% Sep 1979 Mar 1980 7 May 1980 2 9
-8.32% Apr 1987 Oct 1987 7 Jan 1988 3 10
-8.09% Jun 2011 Sep 2011 4 Dec 2011 3 7
-7.74% Feb 1984 May 1984 4 Sep 1984 4 8
-7.30% Jul 1981 Sep 1981 3 Nov 1981 2 5
-7.14% Sep 1989 Feb 1990 6 Jul 1990 5 11
-6.93% May 2002 Jul 2002 3 Jan 2003 6 9
-6.83% Feb 1994 Apr 1994 3 Feb 1995 10 13
-6.46% Sep 2000 Nov 2000 3 Jan 2001 2 5
-6.03% Mar 2001 Sep 2001 7 Apr 2002 7 14
-4.68% Jul 1980 Sep 1980 3 Jun 1981 9 12
-4.68% May 2010 May 2010 1 Jul 2010 2 3
-4.41% Oct 2018 Dec 2018 3 Jan 2019 1 4
-4.35% Dec 1981 Jan 1982 2 Apr 1982 3 5
-4.22% May 2013 Jun 2013 2 Oct 2013 4 6

Rolling Returns ( more details)

iShares iBoxx $ High Yield Corporate Bond (HYG) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
8.04 44.82
Dec 2008 - Nov 2009
-29.10
Dec 2007 - Nov 2008
15.20%
2 Years
8.01 28.82
Mar 2009 - Feb 2011
-14.75
Dec 2006 - Nov 2008
6.99%
3 Years
8.04 21.42
Nov 1990 - Oct 1993
-7.69
Dec 2005 - Nov 2008
2.66%
5 Years
7.96 19.83
Oct 1981 - Sep 1986
-2.36
Dec 2003 - Nov 2008
1.08%
7 Years
7.86 16.51
Oct 1981 - Sep 1988
0.42
Dec 2001 - Nov 2008
0.00%
10 Years
7.73 13.36
Oct 1981 - Sep 1991
0.80
Dec 1998 - Nov 2008
0.00%
15 Years
7.55 12.86
Oct 1981 - Sep 1996
3.43
Dec 1993 - Nov 2008
0.00%
20 Years
7.39 11.01
Apr 1980 - Mar 2000
4.93
Apr 2000 - Mar 2020
0.00%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares iBoxx $ High Yield Corporate Bond (HYG) ETF: Rolling Returns page.

Seasonality

iShares iBoxx $ High Yield Corporate Bond (HYG) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
1.00
73%
0.55
70%
0.14
59%
1.26
77%
0.41
68%
0.46
70%
1.07
82%
0.29
68%
-0.18
60%
0.32
67%
0.86
72%
1.35
81%
Best
Year
4.9
2019
5.3
1991
3.6
1991
13.8
2009
5.5
1980
4.7
2012
6.9
2009
8.2
1982
5.8
2009
8.5
2011
13.5
1981
16.8
2008
Worst
Year
-2.7
2022
-9.7
2009
-10.0
2020
-4.2
2022
-4.7
2010
-7.0
2022
-3.8
2002
-5.0
1990
-10.7
2008
-11.5
2008
-7.1
2008
-3.6
1981
Statistics calculated for the period Jan 1979 - Aug 2022

Monthly/Yearly Returns

iShares iBoxx $ High Yield Corporate Bond (HYG) ETF monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
371 Positive Months (71%) - 153 Negative Months (29%)
Jan 1979 - Aug 2022
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
-11.96 -17.12 -2.7 -0.9 -1.3 -4.2 1.6 -7.0 6.7 -4.3
2021
+3.75 -3.07 -0.4 -0.2 1.2 0.6 0.0 1.3 0.1 0.6 -0.4 -0.3 -1.2 2.3
2020
+4.48 +3.07 -0.5 -1.3 -10.0 4.9 3.0 -0.6 5.1 0.0 -0.9 0.4 3.4 2.0
2019
+14.09 +11.54 4.9 1.2 1.3 1.0 -1.9 3.2 0.2 0.7 0.4 0.0 0.6 1.9
2018
-2.03 -3.86 0.0 -0.9 -0.2 0.5 0.1 0.1 1.7 0.7 0.5 -2.0 -0.4 -2.1
2017
+6.07 +3.88 0.9 1.5 -0.1 0.8 1.0 0.1 1.0 0.1 0.6 0.1 -0.4 0.2
2016
+13.41 +11.11 -1.6 1.5 2.5 3.1 0.2 1.8 1.3 2.0 1.1 -1.0 0.0 1.8
2015
-5.03 -5.71 0.7 2.2 -0.9 0.9 0.4 -1.9 -0.5 -1.5 -3.0 3.2 -2.5 -2.0
2014
+1.90 +1.13 0.4 2.3 -0.1 0.4 1.2 0.6 -2.4 2.4 -2.0 1.1 -1.1 -0.8
2013
+5.75 +4.19 0.3 0.9 0.9 2.1 -2.6 -1.7 2.9 -1.3 0.8 2.5 0.5 0.4
2012
+11.66 +9.75 1.5 2.1 -1.0 1.1 -3.2 4.7 1.0 1.2 0.5 0.8 1.1 1.4
2011
+6.77 +3.70 1.7 1.4 0.0 1.6 0.1 -0.6 0.4 -2.7 -5.3 8.5 -2.4 4.5
2010
+11.89 +10.24 -1.8 1.9 2.1 1.9 -4.7 1.1 5.1 -1.0 3.6 1.8 -1.3 2.8
2009
+28.57 +25.17 -1.0 -9.7 1.9 13.8 2.9 3.3 6.9 -1.7 5.8 -0.5 1.7 3.7
2008
-17.58 -17.66 -1.8 -1.9 0.9 3.4 -0.5 -3.7 0.6 -0.9 -10.7 -11.5 -7.1 16.8
2007
+2.04 -1.96 0.6 1.5 0.1 1.2 0.6 -2.3 -3.3 1.8 2.8 0.5 -1.9 0.5
2006
+8.24 +5.55 0.9 0.7 0.0 0.3 -0.4 -0.4 0.8 1.4 1.2 0.9 1.6 0.9
2005
+2.77 -0.62 -0.2 1.2 -2.7 -0.5 1.9 1.2 0.9 0.3 -0.6 -0.5 0.9 0.9
2004
+8.52 +5.09 0.9 0.3 0.8 -0.7 -1.6 1.3 1.1 1.9 1.2 1.7 0.3 1.1
2003
+17.20 +15.04 1.6 1.3 1.4 3.6 0.3 1.9 -1.6 0.8 2.1 1.5 1.1 2.1
2002
+1.73 -0.63 0.7 -0.8 1.3 1.5 -0.4 -2.9 -3.8 2.0 -1.4 0.2 4.4 1.1
2001
+2.90 +1.33 4.8 0.7 -1.3 -0.1 0.8 -2.8 1.2 0.9 -4.8 1.6 2.8 -0.7
2000
-0.88 -4.12 -0.8 0.1 -0.9 0.7 -1.2 2.5 1.2 1.6 -1.4 -1.8 -3.5 2.7
1999
+2.49 -0.19 1.6 -0.6 0.8 1.3 -1.5 -0.6 0.1 -1.0 0.0 0.1 1.7 0.7
1998
+5.62 +3.94 1.9 0.5 0.7 0.3 0.6 0.6 0.8 -3.9 1.6 -1.6 4.2 0.0
1997
+11.91 +10.03 0.7 1.4 -1.9 1.1 2.6 1.2 2.4 -0.1 1.6 0.4 0.7 1.3
1996
+9.55 +6.02 1.2 0.1 -0.9 -0.2 0.4 0.2 1.0 1.4 2.0 0.8 2.0 1.1
1995
+19.15 +16.20 1.4 2.9 0.9 2.4 2.5 0.5 1.5 0.5 1.2 1.4 0.9 1.6
1994
-1.71 -4.27 2.2 -0.9 -4.4 -1.6 0.1 0.8 0.9 0.9 -0.1 0.1 -1.0 1.5
1993
+18.24 +15.08 2.8 2.2 1.5 0.9 1.3 2.3 0.9 1.1 0.4 2.6 0.0 1.0
1992
+14.24 +11.02 2.4 1.7 0.7 0.6 1.5 1.2 2.2 1.2 1.2 -2.5 1.9 1.3
1991
+29.01 +25.17 0.6 5.3 3.6 3.1 0.5 1.8 2.4 1.7 1.8 2.3 1.0 1.6
1990
-5.85 -11.26 -2.1 -1.8 1.6 0.2 2.4 1.6 1.9 -5.0 -6.1 -2.0 2.3 1.3
1989
+1.89 -2.63 1.6 0.5 -0.5 -0.4 1.8 1.7 0.3 0.3 -1.3 -1.9 0.3 -0.5
1988
+13.56 +8.75 3.5 3.0 -0.4 0.6 -0.1 2.0 1.0 0.2 0.9 1.0 0.3 0.8
1987
+2.65 -1.71 3.7 1.9 0.7 -2.9 -1.0 1.7 0.3 0.6 -3.7 -3.5 3.1 2.1
1986
+16.86 +15.59 0.9 4.0 2.0 1.4 0.9 1.2 0.1 1.7 0.2 2.5 0.4 0.4
1985
+21.99 +17.53 3.5 0.1 0.5 1.4 4.1 1.7 0.3 1.3 0.9 0.5 2.6 3.2
1984
+7.74 +3.65 2.4 -1.3 -1.0 -1.8 -3.9 1.1 3.2 1.3 2.7 3.7 1.0 0.3
1983
+15.87 +11.64 3.6 2.7 2.3 3.5 -1.3 -0.7 -0.7 1.2 2.4 1.5 0.6 -0.1
1982
+27.09 +22.41 -0.8 1.2 1.6 2.5 2.7 -2.0 3.5 8.2 1.7 2.6 2.8 0.6
1981
+9.29 +0.34 0.5 -0.6 2.5 -1.5 1.3 2.2 -1.4 -2.2 -3.9 3.2 13.5 -3.6
1980
+3.16 -8.31 -0.5 -3.8 -1.6 5.8 5.5 1.5 -1.4 -2.7 -0.7 1.1 0.1 0.1
1979
+5.57 -6.81 3.3 0.5 1.2 0.8 0.2 1.0 1.1 1.0 -1.0 -5.8 1.9 1.4

ETF Returns, up to December 2007, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets.

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