iShares 0-5 Year High Yield Corporate Bond ETF
iShares Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2026 Q1
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.
| Share class | Expense ratio |
|---|---|
| SHYG | 0.30% |
Portfolio turnover 29.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| 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%.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Other | 43.5% |
| International | 14.9% |
| Cash | 12.8% |
| Consumer Discretionary | 5.1% |
| 10 smaller | 23.7% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: CCO HLDGS LLC/CAP CORP, SV RNO PROPERTY OWNER 1, UKG INC, DIRECTV FIN LLC/COINC, APLD COMPUTECO 2 LLC, MERIDIAN ARC HOLDCO LLC, PR RNO PROPERTY OWNER 1, COREWEAVE INC
Largest exited: NEXSTAR MEDIA INC, MEDLINE BORROWER/MEDL CO, UNIVISION COMMUNICATIONS, CALPINE CORP, SM ENERGY CO, The MICHAELS COS INC, ALBERTSONS COS/SAFEWAY, VISTRA OPERATIONS CO LLC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | BlackRock Funds III | 12.63% | $955.55M | — |
| — | BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | 1.59% | $120.19M | — |
| — | ECHOSTAR CORP10.75% · due 2029-11-30 | 0.53% | $40.06M | — |
| — | CLOUD SOFTWARE GRP INC6.50% · due 2029-03-31 | 0.46% | $34.64M | — |
| — | CLOUD SOFTWARE GRP INC9.00% · due 2029-09-30 | 0.44% | $33.24M | — |
| — | WULF COMPUTE LLC7.75% · due 2030-10-15 | 0.39% | $29.72M | — |
| — | HUB INTERNATIONAL LTD7.25% · due 2030-06-15 | 0.39% | $29.15M | — |
| — | VENTURE GLOBAL LNG INC9.50% · due 2029-02-01 | 0.38% | $28.86M | — |
| — | DISH NETWORK CORP11.75% · due 2027-11-15 | 0.37% | $27.65M | — |
| — | AMERICAN AIRLINES/AADVAN5.75% · due 2029-04-20 | 0.35% | $26.51M | — |
Top 10 positions are 17.53% of net assets, top 25 22.07%, across 704 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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