Short-Term Bond Yields are Setting up for a Major CorrectionThe SHY ETF is an ETF that holds 1–3 Year US Treasury Bonds and as the yields have gone up this bond ETF has declined. However, in recent times it would seem that this ETF is now trying to confirm a Double Bottom with the test of the 21-week SMA, if it holds we could go p to about $85 which would pu
Key stats
About ISHARES TRUST
Home page
Inception date
Jul 22, 2002
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
SHY is a powerhouse in its segment, stable, liquid vehicle for buy-and-hold investors and short-term traders alike. In addition, SHY is a well managed fund that tracks its index tightly and without significant volatility, like most peer ETFs. The fund delivers excellent coverage of the short-term Treasury space as we see it. SHY and our benchmark share the same index, but the fund's optimization strategyavoiding the index's less liquid components to keep costs downresults in slight performance differences. Still SHY provides excellent exposure to 1-3 year Treasurys. The fund switched its index from the Barclays US Treasury Bond 1-3 Year Term Index to the ICE US Treasury 1-3 Year Bond Index on March 31, 2016. This change effectively maintains the same exposure. Overall SHY is a fine choice for short-dated Treasury exposure.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
SHY/HYG - Daily, Inverted Candles, SPX overlay - Credit spread(4/10/2023) Monday - I wanted to publish this chart so we can follow the effect the credit spread had on the S&P 500 (SPX). As you can see the inverted candles correlate well with the SPX. Note the candles are inverted and the SPX is not, just to show better correlation. At the time of publishing th
long short term bonds bullish cypher forming elliott wave 4-5looking at short term bonds over the next 3-4yrs and take the monthly dividend. From the 4th Elliott wave to the 5th, then I'll likely convert over to the 20yr treasury in 2years to try to buy the D leg of the cypher pattern on the 20yr. see charts. In this chart, notice how the price action retrace
SHY shortterm bonds show divergence; FED may pivot end of Nov2 yr yield usually tops out 1.5 months before FED pivots. Right now shortterm bonds (inverse of yields)
are showing bullish divergence. Historically, this may predict that the FED may halt rate hikes or become less aggressive sometime this coming November. This will be very bullish for bonds & growt
SHY - Lock 2Year Bill YieldSeems no one wants to discuss the Short End of the Bond Curve.
After performing a 30 Bip Sequence, the Big Move to Consolidation - the Monthly Chart
illustrates how NQ Elevator Up can resolve.
The Fed Fund Futures were dragged into 2022 for 2/2 Indicated @ 72%.
007s on the Short End, believe it'
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SHY trades at 80.20 USD today, its price has fallen −1.72% in the past 24 hours. Track more dynamics on SHY price chart.
SHY net asset value is 82.42 today — it's fallen 0.03% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SHY assets under management is 23.94 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SHY price has fallen by −1.72% over the last month, and its yearly performance shows a −1.45% decrease. See more dynamics on SHY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.03% over the last month, showed a 1.46% increase in three-month performance and has increased by 5.37% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.03% over the last month, showed a 1.46% increase in three-month performance and has increased by 5.37% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SHY invests in bonds. See more details in our Analysis section.
SHY expense ratio is 0.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SHY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SHY technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SHY shows the sell signal. See more of SHY technicals for a more comprehensive analysis.
Today, SHY technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SHY shows the sell signal. See more of SHY technicals for a more comprehensive analysis.
Yes, SHY pays dividends to its holders with the dividend yield of 3.96%.
SHY trades at a premium (2.70%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SHY shares are issued by BlackRock, Inc.
SHY follows the ICE BofA US Treasury Bond (1-3 Y). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 22, 2002.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.