iShares 0-5 Year High Yield Corporate Bond ETF
U.S. bond index ETF · tracks Markit iBoxx USD Liquid High Yield 0-5 Index
As of its 2026 Q2 report, iShares 0-5 Year High Yield Corporate Bond ETF held 1,156 positions with $7.56B in net assets. Its ten largest holdings made up 17.5% of the fund. The SHYG share class costs 0.3% a year. Over the 12 months to May 2026, SHYG returned 7.1%, with dividends reinvested. In 2026 Q3 it added 110 new positions and exited 104.
The iShares 0-5 Year High Yield Corporate Bond ETF (the Fund ) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds with remaining maturities of less than five years.
The fund tracks the Markit iBoxx USD Liquid High Yield 0-5 Index using representative sampling, holding a sample of high-yield corporate bonds maturing within five years that collectively mirrors the index's investment characteristics, sector weightings, and credit profile. Because the fund may not hold all index components, its returns can diverge from the index. The fund concentrates its holdings in industries to the same extent as the underlying index, which as of October 2025 has significant exposure to consumer goods and services.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
BlackRock Funds III | 12.63% | $955.55M | — |
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | 1.59% | $120.19M | — |
ECHOSTAR CORP 10.75% · due 2029-11-30 | 0.53% | $40.06M | — |
CLOUD SOFTWARE GRP INC 6.50% · due 2029-03-31 | 0.46% | $34.64M | — |
CLOUD SOFTWARE GRP INC 9.00% · due 2029-09-30 | 0.44% | $33.24M | — |
WULF COMPUTE LLC 7.75% · due 2030-10-15 | 0.39% | $29.72M | — |
HUB INTERNATIONAL LTD 7.25% · due 2030-06-15 | 0.39% | $29.15M | — |
VENTURE GLOBAL LNG INC 9.50% · due 2029-02-01 | 0.38% | $28.86M | — |
DISH NETWORK CORP 11.75% · due 2027-11-15 | 0.37% | $27.65M | — |
AMERICAN AIRLINES/AADVAN 5.75% · due 2029-04-20 | 0.35% | $26.51M | — |
The 200 largest of 1,156 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 96.87% |
| Cash & short-term | 14.22% |
| Loans | 0.19% |
| Stocks | 0.01% |
These positions come to 111.30% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
By sector
- Other
- 44.9%
- International
- 13.9%
- Cash
- 12.3%
- Consumer Discretionary
- 5.4%
- 10 other sectors
- 23.5%
- Other
- 44.9%
- International
- 13.9%
- Cash
- 12.3%
- Consumer Discretionary
- 5.4%
- Health Care
- 4.0%
- Industrials
- 3.3%
- Communication Services
- 3.0%
- Financials
- 3.0%
- Energy
- 2.5%
- Information Technology
- 2.4%
- Materials
- 2.0%
- Consumer Staples
- 1.7%
- Real Estate
- 1.0%
- Utilities
- 0.7%
How it has done
SHYG share class · total returns with dividends reinvested
Volatility over the last 12 months: 2.19%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
iShares 0-5 Year High Yield Corporate Bond ETF is a U.S. bond index ETF that tracks the Markit iBoxx USD Liquid High Yield 0-5 Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Credit quality
- High yield
- Rate sensitivity
- Short duration
- Expense ratio, by class
- 0.30%· SHYG 0.30%
- Portfolio turnover
- 29.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
110 new· the largest 6
104 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 99.8% |
| Floating rate | 0.2% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 4.7% |
| 1-3y | 37.4% |
| 3-5y | 57.1% |
| 5-10y | 0.9% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 65% |
| Interest rates | 35% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| High yield | +2.08 yr |
| Investment grade | +0.01 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.04 yr | 3% |
| 1 yr | 0.37 yr | 32% |
| 5 yr | 0.74 yr | 64% |
| 3 mo | 0.02 yr | 1% |
| 1 yr | 0.52 yr | 25% |
| 5 yr | 1.55 yr | 74% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.04 | +0.00 | +0.02 | $467 | $16.8k |
| 1 yr | +0.37 | +0.00 | +0.52 | $1.3k | $392.8k |
| 5 yr | +0.74 | +0.01 | +1.54 | $6.2k | $1.16m |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
A newer credit-spread reading (2026Q3) is on file. This page holds one quarter across every figure on it, so that one appears here next quarter.
Understand how this fund fits with the rest.
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