iShares iBoxx $ High Yield Corporate Bond (HYG): Rolling Returns

Data Source: from January 1979 to April 2024 (~45 years)
Consolidated Returns as of 30 April 2024

Holding the iShares iBoxx $ High Yield Corporate Bond (HYG) ETF, how long should you stay invested to have high probability to obtain a positive return?

Considering all the available data source (~45 years), the longest period with a negative return lasted 70 months (from May 2003 to February 2009).

This means that every rolling period of 71 months or above has always granted a positive return.

To obtain comprehensive information, please consult the iShares iBoxx $ High Yield Corporate Bond (HYG) ETF: Historical Returns page.

Previous vs subsequent Returns

Considering all 10-year rolling periods, is there a relationship between past and future returns, at a given date?

In the following chart, we show how past returns (x-axis) and subsequent returns (y-axis) are related.

Neighboring data is aggregated and occurrences are indicated. It is possible to zoom by clicking or drawing the desired area

ISHARES IBOXX $ HIGH YIELD CORPORATE BOND (HYG) ETF
Previous vs Next Returns - 10 Years annualized
Updated to April 2024

The annualized return of the last 10 years has been 3.08% (updated at Apr 30, 2024).

Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES IBOXX $ HIGH YIELD CORPORATE BOND (HYG) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 May 1994 - 30 April 2024 (30 Years)
Data Source: 1 January 1979 - 30 April 2024 (~45 years)
Inflation Adjusted:

Annualized Rolling Returns - 1 Year (12 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +7.05% +44.82%
Dec 2008 - Nov 2009
-29.10%
Dec 2007 - Nov 2008
16.14%
86 out of 533
US Inflation Adjusted +3.79% +42.10%
Dec 2008 - Nov 2009
-29.87%
Dec 2007 - Nov 2008
30.77%
164 out of 533
1 Year Annualized Rolling Returns
Timeframes ending in every month
1 Year Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 2 Years (24 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +7.35% +28.82%
Mar 2009 - Feb 2011
-14.75%
Dec 2006 - Nov 2008
9.79%
51 out of 521
US Inflation Adjusted +4.18% +26.12%
Mar 2009 - Feb 2011
-17.01%
Dec 2006 - Nov 2008
23.99%
125 out of 521
2 Years Annualized Rolling Returns
Timeframes ending in every month
2 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 3 Years (36 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +7.10% +21.42%
Nov 1990 - Oct 1993
-7.69%
Dec 2005 - Nov 2008
3.54%
18 out of 509
US Inflation Adjusted +4.23% +18.37%
Mar 2009 - Feb 2012
-9.91%
Dec 2005 - Nov 2008
19.06%
97 out of 509
3 Years Annualized Rolling Returns
Timeframes ending in every month
3 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 4 Years (48 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +7.04% +19.69%
Oct 1981 - Sep 1985
-5.14%
Dec 2004 - Nov 2008
1.41%
7 out of 497
US Inflation Adjusted +4.18% +16.16%
Dec 2008 - Nov 2012
-7.62%
Dec 2004 - Nov 2008
12.07%
60 out of 497
4 Years Annualized Rolling Returns
Timeframes ending in every month
4 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 5 Years (60 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.92% +19.83%
Oct 1981 - Sep 1986
-2.36%
Dec 2003 - Nov 2008
1.03%
5 out of 485
US Inflation Adjusted +3.88% +15.90%
Oct 1981 - Sep 1986
-5.09%
Dec 2003 - Nov 2008
8.66%
42 out of 485
5 Years Annualized Rolling Returns
Timeframes ending in every month
5 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 6 Years (72 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.48% +17.35%
Mar 1981 - Feb 1987
+0.49%
Dec 2002 - Nov 2008
0.00%
0 out of 473
US Inflation Adjusted +4.05% +13.09%
Oct 1981 - Sep 1987
-2.17%
Dec 2002 - Nov 2008
5.92%
28 out of 473
6 Years Annualized Rolling Returns
Timeframes ending in every month
6 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 7 Years (84 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.52% +16.51%
Oct 1981 - Sep 1988
+0.42%
Dec 2001 - Nov 2008
0.00%
0 out of 461
US Inflation Adjusted +4.24% +12.43%
Oct 1981 - Sep 1988
-2.17%
Dec 2001 - Nov 2008
4.56%
21 out of 461
7 Years Annualized Rolling Returns
Timeframes ending in every month
7 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 8 Years (96 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.42% +15.18%
Oct 1981 - Sep 1989
+0.67%
Mar 2001 - Feb 2009
0.00%
0 out of 449
US Inflation Adjusted +4.16% +11.03%
Oct 1981 - Sep 1989
-1.68%
Mar 2001 - Feb 2009
4.01%
18 out of 449
8 Years Annualized Rolling Returns
Timeframes ending in every month
8 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 9 Years (108 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.57% +13.83%
Apr 1980 - Mar 1989
+0.70%
Dec 1999 - Nov 2008
0.00%
0 out of 437
US Inflation Adjusted +4.25% +9.03%
Nov 1990 - Oct 1999
-1.90%
Dec 1999 - Nov 2008
3.89%
17 out of 437
9 Years Annualized Rolling Returns
Timeframes ending in every month
9 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 10 Years (120 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.56% +13.36%
Oct 1981 - Sep 1991
+0.80%
Dec 1998 - Nov 2008
0.00%
0 out of 425
US Inflation Adjusted +4.24% +9.07%
Oct 1981 - Sep 1991
-1.80%
Dec 1998 - Nov 2008
1.88%
8 out of 425
10 Years Annualized Rolling Returns
Timeframes ending in every month
10 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 11 Years (132 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.91% +13.88%
Oct 1981 - Sep 1992
+1.36%
Dec 1997 - Nov 2008
0.00%
0 out of 413
US Inflation Adjusted +4.41% +9.66%
Oct 1981 - Sep 1992
-1.16%
Dec 1997 - Nov 2008
1.21%
5 out of 413
11 Years Annualized Rolling Returns
Timeframes ending in every month
11 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 12 Years (144 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.90% +13.97%
Oct 1981 - Sep 1993
+2.18%
Dec 1996 - Nov 2008
0.00%
0 out of 401
US Inflation Adjusted +4.40% +9.84%
Oct 1981 - Sep 1993
-0.30%
Dec 1996 - Nov 2008
0.50%
2 out of 401
12 Years Annualized Rolling Returns
Timeframes ending in every month
12 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 13 Years (156 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.68% +13.00%
Feb 1981 - Jan 1994
+2.77%
Dec 1995 - Nov 2008
0.00%
0 out of 389
US Inflation Adjusted +4.18% +8.91%
Oct 1981 - Sep 1994
+0.21%
Dec 1995 - Nov 2008
0.00%
0 out of 389
13 Years Annualized Rolling Returns
Timeframes ending in every month
13 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 14 Years (168 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.40% +13.10%
Oct 1981 - Sep 1995
+3.74%
Mar 1995 - Feb 2009
0.00%
0 out of 377
US Inflation Adjusted +3.96% +9.16%
Oct 1981 - Sep 1995
+1.23%
Mar 1995 - Feb 2009
0.00%
0 out of 377
14 Years Annualized Rolling Returns
Timeframes ending in every month
14 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 15 Years (180 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.38% +12.86%
Oct 1981 - Sep 1996
+3.43%
Dec 1993 - Nov 2008
0.00%
0 out of 365
US Inflation Adjusted +3.97% +8.96%
Oct 1981 - Sep 1996
+0.85%
Dec 1993 - Nov 2008
0.00%
0 out of 365
15 Years Annualized Rolling Returns
Timeframes ending in every month
15 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 16 Years (192 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.37% +12.91%
Oct 1981 - Sep 1997
+4.02%
Jun 2007 - May 2023
0.00%
0 out of 353
US Inflation Adjusted +3.89% +9.10%
Oct 1981 - Sep 1997
+1.56%
Jun 2007 - May 2023
0.00%
0 out of 353
16 Years Annualized Rolling Returns
Timeframes ending in every month
16 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 17 Years (204 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.41% +12.45%
Oct 1981 - Sep 1998
+4.16%
Oct 2005 - Sep 2022
0.00%
0 out of 341
US Inflation Adjusted +3.98% +8.79%
Oct 1981 - Sep 1998
+1.66%
Nov 2006 - Oct 2023
0.00%
0 out of 341
17 Years Annualized Rolling Returns
Timeframes ending in every month
17 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 18 Years (216 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.72% +12.10%
Apr 1980 - Mar 1998
+4.18%
Oct 2004 - Sep 2022
0.00%
0 out of 329
US Inflation Adjusted +4.14% +8.28%
Oct 1981 - Sep 1999
+1.64%
Oct 2004 - Sep 2022
0.00%
0 out of 329
18 Years Annualized Rolling Returns
Timeframes ending in every month
18 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 19 Years (228 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.85% +11.67%
Apr 1980 - Mar 1999
+4.27%
Nov 2004 - Oct 2023
0.00%
0 out of 317
US Inflation Adjusted +4.19% +7.88%
Oct 1981 - Sep 2000
+1.69%
Nov 2004 - Oct 2023
0.00%
0 out of 317
19 Years Annualized Rolling Returns
Timeframes ending in every month
19 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 20 Years (240 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +6.93% +11.01%
Apr 1980 - Mar 2000
+4.58%
Nov 2003 - Oct 2023
0.00%
0 out of 305
US Inflation Adjusted +4.26% +7.16%
Sep 1981 - Aug 2001
+1.95%
Nov 2003 - Oct 2023
0.00%
0 out of 305
20 Years Annualized Rolling Returns
Timeframes ending in every month
20 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

To obtain comprehensive information, please consult the iShares iBoxx $ High Yield Corporate Bond (HYG) ETF: Historical Returns page.