HYG (iShares High Yield Corporate Bond ETF) — over the past 10 years it returned about 4.5% annualized on a total-return basis, yields roughly 6.10%, and had a worst drawdown near -22.0%. Here is the full picture — and you can backtest it yourself for free.
$10,000, 10 years on
A $10,000 investment 10 years ago, dividends reinvested, would be worth about $16,166 today.
Sortino
0.70
Volatility
8.2%
$10k → today
$16,166
Dividend history
| Year | Dividend / share | YoY growth |
|---|---|---|
| 2020 | $4.26 | — |
| 2021 | $3.50 | -17.9% |
| 2022 | $3.90 | 11.6% |
| 2023 | $4.45 | 13.9% |
| 2024 | $4.72 | 6.2% |
| 2025 | $4.61 | -2.5% |
Risk & return vs the S&P 500
| Metric | HYG | SPY |
|---|---|---|
| CAGR | 4.5% | 14.4% |
| Volatility | 8.2% | 17.6% |
| Sharpe | 0.57 | 0.85 |
| Sortino | 0.70 | 1.04 |
| Max drawdown | -22.0% | -33.7% |
| Dividend yield | 6.10% | 1.00% |