ETF · PIMCO
STHE PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR
ISIN IE00BF8HV600London Stock Exchange: STHEAllianz SE
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
- EUR hedged
Latest close
LSE€68.80
on
- Ongoing charge
- 0.60% a year
- Fund size
- £566m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, STHE (PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR, ISIN IE00BF8HV600) closed at €68.80 on the London Stock Exchange. Its ongoing charge is 0.60% a year (about £60 on £10,000). Over the five years to 13/11/2026 its price changed by −19.5% (income paid out is not included), or −37.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −8.0%
- −11.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −9.9%
- −18.6% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −19.5%
- −37.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £805 on 13/11/2026 — about £629 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included): 2022 −6.4%, 2023 +0.2%, 2024 −5.3%, 2025 +3.9%; 2026 to 13/11/2026 −10.6%. Returns of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −8.5%; to 30/09/2025: +2.9%; to 30/09/2024: −0.4%; to 30/09/2023: −1.6%; to 30/09/2022: −10.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −10.6% | −13.5% | |
| to | +3.9% | +0.3% | |
| to | −5.3% | −8.5% | |
| +0.2% | −3.8% | ||
| −6.4% | −14.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −8.5% | −11.7% |
| from | +2.9% | −1.1% |
| from | −0.4% | −2.9% |
| from | −1.6% | −7.5% |
| from | −10.3% | −17.5% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
6.6%over 5 years
| 1 year | 4.7% |
|---|---|
| 3 years | 4.8% |
| 5 years | 6.6% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −18.9%
- From to
- Lowest 12-month return
- −13.2%
- 12 months to
- Highest 12-month return
- +4.7%
- 12 months to
- Below its highest weekly close since November 2021
- 18.7%
- High of , latest
In words: Volatility of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds, annualised from weekly returns to 13/11/2026: 4.7% over 1 year, 4.8% over 3 years, 6.6% over 5 years. Largest fall in the price of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR since November 2021, in pounds: −18.9% from 10/12/2021 to 23/10/2026. The lowest 12-month return of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included) since January 2021 was −13.2% (12 months to 08/07/2022); the highest was +4.7% (12 months to 19/12/2025). On 13/11/2026 the price of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR was 18.7% below its highest weekly close since November 2021 (10/12/2021), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.60%
- a year
- On £10,000
- £60
- a year, roughly
- Over five years
- £296
- of £10,000, before growth
- 396 charge less
- 8 the same
- 23 charge more
Ongoing charge of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR 0.60% a year. Compared on 14/11/2026, 23 of the 427 other corporate and other bond funds charge more, 8 the same and 396 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR is an exchange-traded fund (ETF) from PIMCO, launched in 2012.
It tracks the ICE BofA US High Yield Constrained (0-5 Y).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.6% a year — about £60 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 to euros, not to the pound: it aims to remove most of the effect of exchange-rate moves against euros, so a holder who counts in pounds still has currency risk.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- STHE
- ISIN
- IE00BF8HV600
- Provider
- PIMCO
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid monthly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.60% a year · about £60 on £10,000
- Fund size
- £566m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to euros
- Price currency
- EUR
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from €73.70 on 14/11/2025 to €68.80 on 13/11/2026 (−6.6%). The lowest close shown was €68.44 on 23/10/2026 and the highest €73.96 on 09/01/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
Funds tracking the same index
5 funds track ICE BofA US High Yield Constrained (0-5 Y), this one included and share classes counted once; their ongoing charges range from 0.55% to 0.60% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Accum Hedged EURAccumulating · Currency hedged · 0.60% a year | 0.60% | −5.3% | +12.5% | +11.5% |
| PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Accum USDAccumulating · 0.55% a year | 0.55% | +1.3% | +14.9% | +27.6% |
| PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EURThis fundDistributing · Currency hedged · 0.60% a year | 0.60% | −8.0% | Not reported | Not reported |
| PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged GBPDistributing · Currency hedged · 0.60% a year | 0.60% | −0.7% | +11.8% | +11.1% |
| PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF USDDistributing · 0.55% a year | 0.55% | −1.5% | Not reported | Not reported |
As of
ICE BofA US High Yield Constrained (0-5 Y) funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Accum Hedged EURAccumulating · Currency hedged · 0.60% a year · IE00BD26N851
- PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Accum USDAccumulating · 0.55% a year · IE00BVZ6SQ11
- PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged GBPDistributing · Currency hedged · 0.60% a year · IE00BYXVWC37
- PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF USDDistributing · 0.55% a year · IE00B7N3YW49
Read more:Share classesAccumulating or incomeCurrency hedging
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since November 2021, in pounds, with how many weeks it took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of STHE?
The ongoing charge of STHE is 0.60% a year — about £60 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 PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR 0.60% a year. Compared on 14/11/2026, 23 of the 427 other corporate and other bond funds charge more, 8 the same and 396 less (share classes counted once).
What does STHE track?
STHE tracks the ICE BofA US High Yield Constrained (0-5 Y).
Is STHE accumulating or distributing?
STHE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.
What is the ISIN of STHE?
The ISIN of STHE is IE00BF8HV600. An ISIN identifies one exact share class of a fund; STHE is its ticker on the London Stock Exchange.
What were STHE’s returns in each of the last five years?
Calendar-year returns of STHE in pounds (price only, income paid out not included): 2022 −6.4%, 2023 +0.2%, 2024 −5.3%, 2025 +3.9%; 2026 to 13/11/2026 −10.6%. Past performance is not a guide to future returns.
How has STHE done after inflation?
Over the five years to 13/11/2026 STHE’s price changed by −19.5% (income paid out is not included), or −37.1% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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