# iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP (HYSD)

**Source:** https://fundology.uk/fund/hysd · ISIN IE000IIOOR48 · 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, HYSD (iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP, ISIN IE000IIOOR48) closed at £4.73 on the London Stock Exchange. Its ongoing charge is 0.22% a year (about £22 on £10,000). Over the three years to 30/09/2026 its total return was +8.2%, or −2.4% after UK CPIH inflation.

## Summary

iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP is an exchange-traded fund (ETF) from iShares, launched in 2022. It tracks the ICE BofA US High Yield Constrained. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.22% a year — about £22 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.

Latest close: **£4.73** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HYSD |
| ISIN | IE000IIOOR48 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | ICE BofA US High Yield Constrained |
| Income | Distributing |
| Ongoing charge | 0.22% a year (£22 per £10,000) |
| Fund size | £102m |
| Launched | 2022 |
| 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 | +1.16% | -2.02% | income reinvested |
| 3 years | +8.21% | -2.35% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP in pounds (price only, income paid out not included): 2023 +5.4%, 2024 −0.2%, 2025 +0.1%; 2026 to 30/09/2026 −6.8%. Returns of iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.8%; to 30/09/2025: −0.8%; to 30/09/2024: +6.6%; to 30/09/2023: +1.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2023 | +5.4% | +1.2% | Price |
| 2024 | -0.2% | -3.6% | Price |
| 2025 | +0.1% | -3.3% | Price |
| 2026 to 30/09/2026 | -6.8% | -9.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.29% | -7.41% |
| 3 years | 6.25% | -7.57% |

## Largest fall

Volatility of iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP in pounds, annualised from weekly returns to 30/09/2026: 5.3% over 1 year, 6.2% over 3 years. Largest fall in the price of iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP since August 2022, in pounds: −8.9% from 05/08/2022 to 20/10/2023. The lowest 12-month return of iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP in pounds (price only, income paid out not included) since August 2022 was −6.3% (12 months to 04/08/2023); the highest was +8.8% (12 months to 18/10/2024). On 30/09/2026 the price of iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP was 7.6% below its highest weekly close since August 2022 (06/12/2024), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP 0.22% a year, as of 01/10/2026: 202 of the 383 other corporate and other bond funds charge more, 1 the same and 180 less (share classes counted once).

## Funds tracking the same index

2 funds track ICE BofA US High Yield Constrained, this one included and share classes counted once; their ongoing charges range from 0.22% to 0.25% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Broad USD High Yield Corp Bond UCITS ETF -Hedge- GBP (this fund) | 0.22% | +1.2% | +8.2% | — |
| iShares Broad USD High Yield Corp Bond UCITS ETF Unhedged USD | 0.25% | +2.6% | +0.2% | — |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.22%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.
