# iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP (DHYG) **Source:** https://fundology.uk/fund/dhyg · ISIN IE0003NVF3Y3 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, DHYG (iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP, ISIN IE0003NVF3Y3) closed at £4.08 on the London Stock Exchange. Its ongoing charge is 0.27% a year (about £27 on £10,000). Over the five years to 30/09/2026 its total return was +8.1%, or −15.5% after UK CPIH inflation. ## Summary iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2021. It tracks the Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.27% a year — about £27 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£4.08** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | DHYG | | ISIN | IE0003NVF3Y3 | | Category | Corporate & other bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index | | Income | Distributing | | Ongoing charge | 0.27% a year (£27 per £10,000) | | Fund size | £78.2m | | Launched | 2021 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +1.01% | -2.16% | income reinvested | | 3 years | +24.46% | +12.31% | income reinvested | | 5 years | +8.06% | -15.53% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP in pounds (price only, income paid out not included): 2022 −18.7%, 2023 +3.9%, 2024 +0.4%, 2025 +1.3%; 2026 to 30/09/2026 −5.1%. Returns of iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −7.0%; to 30/09/2025: −0.1%; to 30/09/2024: +7.1%; to 30/09/2023: +0.8%; to 30/09/2022: −18.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -18.7% | -25.6% | Price | | 2023 | +3.9% | -0.2% | Price | | 2024 | +0.4% | -3.0% | Price | | 2025 | +1.3% | -2.2% | Price | | 2026 to 30/09/2026 | -5.1% | -7.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.47% | -7.54% | | 3 years | 6.35% | -7.54% | | 5 years | 7.87% | -20.05% | ## Largest fall Volatility of iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 5.5% over 1 year, 6.4% over 3 years, 7.9% over 5 years. Largest fall in the price of iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP since October 2021, in pounds: −20.0% from 24/12/2021 to 20/10/2023. The lowest 12-month return of iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP in pounds (price only, income paid out not included) since September 2021 was −18.8% (12 months to 14/10/2022); the highest was +9.6% (12 months to 18/10/2024). On 30/09/2026 the price of iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP was 18.6% below its highest weekly close since October 2021 (24/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP 0.27% a year, as of 01/10/2026: 158 of the 383 other corporate and other bond funds charge more, 3 the same and 222 less (share classes counted once). ## Funds tracking the same index 3 funds track Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.27% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares II PLC - iShares EUR High Yield Corp Bond ESG SRI UCITS ETF Accum Shs Hedged GBP | 0.27% | +2.0% | +8.4% | — | | iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF - Shs Hedged GBP (this fund) | 0.27% | +1.0% | +24.5% | +8.1% | | iShares II PLC - iShares USD High Yield Corp Bond ESG SRI UCITS ETF Accum USD | 0.25% | +2.5% | +16.0% | +17.7% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.27%** per year - ISA eligible: yes - SIPP eligible: yes --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.