# iShares USD Short Duration High Yield Corp Bond UCITS ETF USD (SDHA)

**Page:** https://fundology.uk/fund/sdha · ISIN IE00BZ17CN18

## 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 13/11/2026, SDHA (iShares USD Short Duration High Yield Corp Bond UCITS ETF USD, ISIN IE00BZ17CN18) closed at $7.22 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the five years to 13/11/2026 its total return was +25.2%, or −2.3% after UK CPIH inflation.

## Summary

iShares USD Short Duration High Yield Corp Bond UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the Markit iBoxx USD Liquid High Yield 0-5 Capped Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **$7.22** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SDHA |
| ISIN | IE00BZ17CN18 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Markit iBoxx USD Liquid High Yield 0-5 Capped Index |
| Income | Accumulating |
| Ongoing charge | 0.45% a year (£45 per £10,000) |
| Fund size | £1.1bn |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 03/07/2018 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +2.17% | -1.45% | income reinvested |
| 3 years | +12.84% | +1.95% | income reinvested |
| 5 years | +25.19% | -2.28% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD in pounds (price, with income reinvested in the fund): 2022 +8.2%, 2023 +3.0%, 2024 +9.5%, 2025 +0.2%; 2026 to 13/11/2026 +3.0%. Returns of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +3.7%; to 30/09/2025: +7.0%; to 30/09/2024: +1.9%; to 30/09/2023: −3.5%; to 30/09/2022: +15.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +8.2% | -1.0% | Price |
| 2023 | +3.0% | -1.1% | Price |
| 2024 | +9.5% | +5.8% | Price |
| 2025 | +0.2% | -3.2% | Price |
| 2026 to 13/11/2026 | +3.0% | -0.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.48% | -3.21% |
| 3 years | 6.05% | -8.46% |
| 5 years | 6.84% | -9.80% |

## Largest fall

Volatility of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year, 6.0% over 3 years, 6.8% over 5 years. Largest fall in the price of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD since November 2021, in pounds: −9.8% from 21/10/2022 to 14/07/2023. The lowest 12-month return of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD in pounds (price, with income reinvested in the fund) since January 2021 was −4.1% (12 months to 20/10/2023); the highest was +17.9% (12 months to 21/10/2022). On 13/11/2026 the price of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD was 0.6% below its highest weekly close since November 2021 (26/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD 0.45% a year. Compared on 14/11/2026, 73 of the 427 other corporate and other bond funds charge more, 10 the same and 344 less (share classes counted once).

## Funds tracking the same index

3 funds track Markit iBoxx USD Liquid High Yield 0-5 Capped Index, this one included and share classes counted once; their ongoing charges range from 0.45% to 0.47% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares IV PLC - iShares USD Short Duration High Yield Corp Bond UCITS ETF Hedged GBP | 0.47% | +1.3% | — | — |
| iShares USD Short Duration High Yield Corp Bond UCITS ETF | 0.45% | +1.3% | +11.7% | +25.7% |
| iShares USD Short Duration High Yield Corp Bond UCITS ETF USD (this fund) | 0.45% | +2.2% | +12.8% | +25.2% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.45%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, SDHA holds 1,147 positions, according to its published holdings. The largest is Blk Ics USD Leaf Agency Dist at 1.56% of the fund; the ten largest make up 8.3%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Blk Ics USD Leaf Agency Dist | — | 1.56% |
| 2 | Icahn Enterprises LP 5.25% 15/05/2027 | — | 1.07% |
| 3 | Transdigm Inc 4.63% 15/01/2029 | — | 0.87% |
| 4 | PG&E Corporation 5.00% 01/07/2028 | — | 0.75% |
| 5 | Hilton Domestic Operating Company 4.88% 15/01/2030 | — | 0.74% |
| 6 | Mpt Operating Partnership LP / Mpt 144A 9.25% 15/02/2032 | — | 0.73% |
| 7 | Tenet Healthcare Corp 6.13% 15/06/2030 | — | 0.68% |
| 8 | Ball Corporation 6.00% 15/06/2029 | — | 0.66% |
| 9 | Mgm Resorts International 6.13% 15/09/2029 | — | 0.64% |
| 10 | Tenet Healthcare Corp 4.38% 15/01/2030 | — | 0.63% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Consumer Cyclical | 23.0% |
| Communication Services | 9.4% |
| Energy | 9.3% |
| Capital Goods | 8.3% |
| Finance Companies | 7.9% |
| Health Care | 6.7% |
| Basic Industry | 6.4% |
| Reits | 4.8% |
| Other sectors | 24.1% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 98.4% |
| Cash and money market | 1.6% |

The 1,129 holdings on record (of 1,147 reported): https://fundology.uk/fund/sdha/holdings

## Questions people ask

**What is the ongoing charge of SDHA?**

The ongoing charge of SDHA is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares USD Short Duration High Yield Corp Bond UCITS ETF USD 0.45% a year. Compared on 14/11/2026, 73 of the 427 other corporate and other bond funds charge more, 10 the same and 344 less (share classes counted once).

**What does SDHA track?**

SDHA tracks the Markit iBoxx USD Liquid High Yield 0-5 Capped Index.

**Is SDHA accumulating or distributing?**

SDHA is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of SDHA?**

The ISIN of SDHA is IE00BZ17CN18. An ISIN identifies one exact share class of a fund; SDHA is its ticker on the London Stock Exchange.

**What does SDHA hold?**

As of 06/11/2026, SDHA holds 1,147 positions, according to its published holdings. The largest is Blk Ics USD Leaf Agency Dist at 1.56% of the fund; the ten largest make up 8.3%. Its ten largest holdings are Blk Ics USD Leaf Agency Dist (1.56%), Icahn Enterprises LP 5.25% 15/05/2027 (1.07%), Transdigm Inc 4.63% 15/01/2029 (0.87%), PG&E Corporation 5.00% 01/07/2028 (0.75%), Hilton Domestic Operating Company 4.88% 15/01/2030 (0.74%), Mpt Operating Partnership LP / Mpt 144A 9.25% 15/02/2032 (0.73%), Tenet Healthcare Corp 6.13% 15/06/2030 (0.68%), Ball Corporation 6.00% 15/06/2029 (0.66%), Mgm Resorts International 6.13% 15/09/2029 (0.64%) and Tenet Healthcare Corp 4.38% 15/01/2030 (0.63%).

**What were SDHA’s returns in each of the last five years?**

Calendar-year returns of SDHA in pounds (price, with income reinvested in the fund): 2022 +8.2%, 2023 +3.0%, 2024 +9.5%, 2025 +0.2%; 2026 to 13/11/2026 +3.0%. Past performance is not a guide to future returns.

**How has SDHA done after inflation?**

Over the five years to 13/11/2026 SDHA’s total return was +25.2%, or −2.3% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/297889/ishares-short-duration-high-yield-corp-bond-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-short-duration-high-yield-corp-bond-ucits-etf-usd-acc-gb-ie00bz17cn18-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/sdha-ishares-short-duration-high-yield-corp-bond-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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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.