SHYG vs GUNR

Comparison between ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF (SHYG, ETF) and FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND (GUNR, ETF).

5-Year PerformanceGUNR has outperformed SHYG, delivering a return of +10.0% compared to +4.9%

SHYG vs GUNR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHYG(ETF)	GUNR(ETF)
Net Assets	$7.50B	$7.50B
Expense Ratio	0.30%	0.46%
Max Drawdown	26.29%	49.68%
Sharpe Ratio	1.25	2.43
5Y Beta	0.22	0.56
5Y Dividends CAGR	6.98%	5.36%

Net Assets

SHYG

$7.50B

GUNR

$7.50B

Expense Ratio

Winner

SHYG

0.30%

GUNR

0.46%

Max Drawdown

Winner

SHYG

26.29%

GUNR

49.68%

Sharpe Ratio

SHYG

1.25

Winner

GUNR

2.43

5Y Beta

Winner

SHYG

0.22

GUNR

0.56

5Y Dividends CAGR

Winner

SHYG

6.98%

GUNR

5.36%

SHYG vs GUNR - Historical Returns

Returns include dividend reinvestment.

Period	SHYG	GUNR
1 month	+0.58%	-2.42%
3 months	+0.88%	+3.48%
6 months	+2.93%	+26.17%
1 year	+8.05%	+47.27%
5 years(CAGR)	+4.91%	+9.98%
10 years(CAGR)	+5.35%	+11.64%
Max(CAGR)	+4.42%	+6.55%

Winner

SHYG

+0.58%

GUNR

-2.42%

SHYG

+0.88%

Winner

GUNR

+3.48%

SHYG

+2.93%

Winner

GUNR

+26.17%

SHYG

+8.05%

Winner

GUNR

+47.27%

5Y(CAGR)

SHYG

+4.91%

Winner

GUNR

+9.98%

10Y(CAGR)

SHYG

+5.35%

Winner

GUNR

+11.64%

Max(CAGR)

SHYG

+4.42%

Winner

GUNR

+6.55%

SHYG vs GUNR - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	SHYG	GUNR
2026	+1.40%	+17.19%
2025	+7.71%	+29.00%
2024	+8.38%	-8.48%
2023	+10.24%	-0.79%
2022	-4.63%	+14.22%
2021	+4.78%	+23.80%
2020	+2.98%	+0.09%
2019	+10.08%	+18.20%
2018	+0.04%	-11.09%
2017	+4.86%	+17.38%
2016	+12.94%	+32.10%
2015	-3.10%	-24.58%
2014	+0.23%	-7.45%
2013	+1.99%	-3.62%
2012	N/A	+4.44%
2011	N/A	+0.55%

SHYG vs GUNR Drawdown Comparison

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

The maximum drawdown for GUNR was -45.72%, occurring on Jan 20, 2016. Recovery took 868 trading sessions.

The current SHYG drawdown is -0.02%. The current GUNR drawdown is -2.68%.

Rank	SHYG	GUNR
#1	-19.27% Feb 14, 2020 - Nov 17, 2020	-45.72% Jul 24, 2014 - Jan 3, 2018
#2	-10.32% May 29, 2015 - Jul 8, 2016	-43.04% Jan 2, 2020 - Dec 4, 2020
#3	-9.39% Dec 27, 2021 - Jul 13, 2023	-24.02% Apr 18, 2022 - Sep 11, 2025
#4	-5.15% Jun 23, 2014 - Apr 9, 2015	-18.56% May 21, 2018 - Dec 26, 2019
#5	-5.04% Oct 1, 2018 - Jan 31, 2019	-17.58% Feb 27, 2012 - Jan 29, 2013
#6	-4.53% Feb 28, 2025 - May 12, 2025	-15.68% Jan 29, 2013 - May 7, 2014
#7	-2.69% Oct 24, 2016 - Dec 6, 2016	-13.93% Oct 28, 2011 - Jan 27, 2012
#8	-2.39% Sep 1, 2023 - Nov 3, 2023	-11.23% Jun 2, 2021 - Oct 20, 2021
#9	-1.86% Jan 26, 2018 - Apr 12, 2018	-10.30% Sep 22, 2011 - Oct 12, 2011
#10	-1.75% Feb 2, 2026 - Apr 8, 2026	-10.19% Jan 26, 2018 - May 16, 2018
#11	-1.74% Mar 27, 2024 - May 3, 2024	-7.43% Jan 14, 2021 - Feb 16, 2021
#12	-1.61% Nov 5, 2021 - Dec 23, 2021	-7.09% Oct 20, 2021 - Dec 27, 2021
#13	-1.57% Mar 1, 2017 - Apr 20, 2017	-6.80% Mar 2, 2026 - Apr 7, 2026
#14	-1.48% May 3, 2019 - Jun 18, 2019	-5.92% Mar 12, 2021 - Apr 15, 2021
#15	-1.38% Oct 20, 2017 - Jan 3, 2018	-4.61% Mar 10, 2022 - Mar 21, 2022

Correlation

Correlation between SHYG and GUNR is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2011 - 2026)

SHYG vs GUNR dividend yield comparison.

Year	SHYG	GUNR
2026	2.33%	0.36%
2025	7.03%	2.81%
2024	6.93%	3.39%
2023	6.54%	3.55%
2022	5.57%	4.12%
2021	4.83%	3.61%
2020	5.07%	2.79%
2019	5.33%	3.25%
2018	5.90%	3.27%
2017	5.49%	2.00%
2016	5.53%	1.73%
2015	5.17%	4.50%
2014	4.33%	2.80%
2013	0.85%	2.03%
2012	0.00%	1.03%
2011	0.00%	0.54%