SHYG vs GRID

Comparison between ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF (SHYG, ETF) and FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF).

5-Year PerformanceGRID has outperformed SHYG, delivering a return of +18.5% compared to +4.9%

SHYG vs GRID - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHYG(ETF)	GRID(ETF)
Net Assets	$7.50B	$7.60B
Expense Ratio	0.30%	0.56%
Max Drawdown	26.29%	40.56%
Sharpe Ratio	1.25	2.54
5Y Beta	0.22	1.05
5Y Dividends CAGR	6.98%	22.26%

Net Assets

SHYG

$7.50B

Winner

GRID

$7.60B

Expense Ratio

Winner

SHYG

0.30%

GRID

0.56%

Max Drawdown

Winner

SHYG

26.29%

GRID

40.56%

Sharpe Ratio

SHYG

1.25

Winner

GRID

2.54

5Y Beta

Winner

SHYG

0.22

GRID

1.05

5Y Dividends CAGR

SHYG

6.98%

Winner

GRID

22.26%

SHYG vs GRID - Historical Returns

Returns include dividend reinvestment.

Period	SHYG	GRID
1 month	+0.58%	+12.88%
3 months	+0.88%	+13.33%
6 months	+2.93%	+27.91%
1 year	+8.05%	+61.82%
5 years(CAGR)	+4.91%	+18.48%
10 years(CAGR)	+5.35%	+19.99%
Max(CAGR)	+4.42%	+13.30%

SHYG

+0.58%

Winner

GRID

+12.88%

SHYG

+0.88%

Winner

GRID

+13.33%

SHYG

+2.93%

Winner

GRID

+27.91%

SHYG

+8.05%

Winner

GRID

+61.82%

5Y(CAGR)

SHYG

+4.91%

Winner

GRID

+18.48%

10Y(CAGR)

SHYG

+5.35%

Winner

GRID

+19.99%

Max(CAGR)

SHYG

+4.42%

Winner

GRID

+13.30%

SHYG vs GRID - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	SHYG	GRID
2026	+1.40%	+26.65%
2025	+7.71%	+29.86%
2024	+8.38%	+16.50%
2023	+10.24%	+21.63%
2022	-4.63%	-14.08%
2021	+4.78%	+28.22%
2020	+2.98%	+46.19%
2019	+10.08%	+42.24%
2018	+0.04%	-22.93%
2017	+4.86%	+28.47%
2016	+12.94%	+25.59%
2015	-3.10%	-4.90%
2014	+0.23%	+0.55%
2013	+1.99%	+23.35%
2012	N/A	+15.17%
2011	N/A	-21.53%
2010	N/A	-2.49%
2009	N/A	+6.58%

SHYG vs GRID Drawdown Comparison

The maximum drawdown for SHYG was -19.27%, occurring on Mar 23, 2020. Recovery took 192 trading sessions.

The maximum drawdown for GRID was -40.56%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.

The current SHYG drawdown is -0.02%. The current GRID drawdown is -0.26%.

Rank	SHYG	GRID
#1	-19.27% Feb 14, 2020 - Nov 17, 2020	-40.56% Feb 20, 2020 - Aug 5, 2020
#2	-10.32% May 29, 2015 - Jul 8, 2016	-35.42% Apr 4, 2011 - Sep 24, 2013
#3	-9.39% Dec 27, 2021 - Jul 13, 2023	-29.65% Jan 26, 2018 - Nov 4, 2019
#4	-5.15% Jun 23, 2014 - Apr 9, 2015	-29.64% Nov 19, 2021 - Jun 13, 2023
#5	-5.04% Oct 1, 2018 - Jan 31, 2019	-26.65% Mar 6, 2014 - Aug 16, 2016
#6	-4.53% Feb 28, 2025 - May 12, 2025	-20.76% Jul 18, 2023 - Feb 22, 2024
#7	-2.69% Oct 24, 2016 - Dec 6, 2016	-20.62% Sep 26, 2024 - May 15, 2025
#8	-2.39% Sep 1, 2023 - Nov 3, 2023	-18.68% Jan 8, 2010 - Jan 24, 2011
#9	-1.86% Jan 26, 2018 - Apr 12, 2018	-11.72% Feb 25, 2026 - Apr 13, 2026
#10	-1.75% Feb 2, 2026 - Apr 8, 2026	-10.62% Jul 16, 2024 - Sep 17, 2024
#11	-1.74% Mar 27, 2024 - May 3, 2024	-8.34% Sep 2, 2020 - Oct 5, 2020
#12	-1.61% Nov 5, 2021 - Dec 23, 2021	-7.91% Feb 18, 2011 - Mar 30, 2011
#13	-1.57% Mar 1, 2017 - Apr 20, 2017	-7.80% Oct 29, 2025 - Jan 16, 2026
#14	-1.48% May 3, 2019 - Jun 18, 2019	-7.40% Sep 2, 2021 - Oct 28, 2021
#15	-1.38% Oct 20, 2017 - Jan 3, 2018	-6.94% Jan 7, 2021 - Mar 11, 2021

Correlation

Correlation between SHYG and GRID is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2009 - 2026)

SHYG vs GRID dividend yield comparison.

Year	SHYG	GRID
2026	2.33%	0.05%
2025	7.03%	1.01%
2024	6.93%	1.06%
2023	6.54%	1.23%
2022	5.57%	1.26%
2021	4.83%	0.63%
2020	5.07%	0.68%
2019	5.33%	1.26%
2018	5.90%	1.28%
2017	5.49%	1.07%
2016	5.53%	1.07%
2015	5.17%	1.23%
2014	4.33%	1.46%
2013	0.85%	1.33%
2012	0.00%	0.89%
2011	0.00%	1.02%
2010	0.00%	0.68%
2009	0.00%	0.07%