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Comparison report · official data side by side

SHYB vs HYS


SHYBAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Acc
LU3277835305 · Bonds · High yield EUR · 1-3 years · Eurozone
HYSAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Dist
LU1617164998 · Bonds · High yield EUR · 1-3 years · Eurozone
Open the interactive comparison on rebalix.com →

Comparison window: 24 Feb 20268 Sept 2026 (max: from the most recent launch) · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared⚠ Common window shorter than 12 months: comparable data are scarce and carry no statistical value.

Report produced on 10 September 2026 · data as of the dates shown per section
Sources: official issuer documents (KID, factsheet, declared NAV series and holdings), ESMA register, ECB rates, Eurostat
Public methodology: rebalix.com/en/methodology

Informational document generated by rebalix.com — facts side by side, no recommendations. It does not constitute investment advice or investment research under Directive 2014/65/EU (MiFID II). Past performance is not indicative of future results.

RebalixSHYB vs HYS · report of 10 September 2026

The funds at a glance

From official issuer documents and the ESMA register
SHYBLU3277835305Amundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF AccBonds · High yield EUR · 1-3 years · Eurozone
Declared index
iBoxx MSCI ESG EUR High Yield Corporates 1-3 TCA TRI
TER
0.30%
Transaction (KID)
0.32%
Fund size
2 mln EUR
Launch
24 Feb 2026
Currency
EUR
Replication
Physical
Hedging
No
Holdings
100
Duration
1.73 yrs
Distributions 12m
acc.
Effective 🇮🇹 rate
HYSLU1617164998Amundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF DistBonds · High yield EUR · 1-3 years · Eurozone
Declared index
iBoxx MSCI ESG EUR High Yield Corporates 1-3 TCA TRI
TER
0.30%
Transaction (KID)
0.32%
Fund size
377 mln EUR
Launch
8 Feb 2024
Currency
EUR
Replication
Physical
Hedging
No
Holdings
100
Duration
1.73 yrs
Distributions 12m
2.99 EUR
Effective 🇮🇹 rate
26.00%

Tracking difference — year by year

Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
SHYBn/d
not honestly computable
HYSn/d
2025
+0.12%
Rebalix · SHYB vs HYSsection 1 of 4
RebalixSHYB vs HYS · report of 10 September 2026
SHYBAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Acc · LU3277835305 · Bonds · High yield EUR · 1-3 years · Eurozone
HYSAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Dist · LU1617164998 · Bonds · High yield EUR · 1-3 years · Eurozone

Performance over the period, in euro

From 24 Feb 2026 to 8 Sept 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
10010195101101
In today’s purchasing power (net of Italy inflation)
100101959898
SHYBHYS
Same scale in both panels: the gap between endpoints is Italian inflation over the period (Eurostat). Volatility stays nominal, as everywhere on the site.

How far they fell — drawdown from peak (nominal)

In euro · distance from the previous peak, day by day, on NAV: for distributing classes it includes ex-dividend drops (slightly deeper than total return)
0%-2%-4%SHYBHYStrough SHYB: −1.9% · 30 Mar 2026trough HYS: −1.9% · 30 Mar 2026
Filled area: SHYB; thin lines: the other funds.
The worst episode, fund by fund
FundMax drawdownTroughRecovery timeUnderwater
SHYB−1.9%30 Mar 202674 days106 days · back to break-even on 12 Jun 2026
HYS−1.9%30 Mar 202674 days106 days · back to break-even on 12 Jun 2026
"Recovery time" = the climb only: trough to break-even (0%). "Underwater" = decline + recovery: peak to break-even.

Drawdown net of Italy inflation

Same curve in purchasing-power terms: as on the site, drawdown follows the real view (volatility stays nominal, per methodology)
0%-2%-4%-6%-8%-10%SHYBHYStrough SHYB: −4.7% · 02 Apr 2026trough HYS: −4.7% · 02 Apr 2026
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
Rebalix · SHYB vs HYSsection 2 of 4
RebalixSHYB vs HYS · report of 10 September 2026
SHYBAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Acc · LU3277835305 · Bonds · High yield EUR · 1-3 years · Eurozone
HYSAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Dist · LU1617164998 · Bonds · High yield EUR · 1-3 years · Eurozone

Geographic composition

% of portfolio, from full declared holdings
SHYBHYSFrance27.5%27.5%United States19.4%19.4%Italy18.9%18.9%Japan6.1%6.1%

Sector composition

GICS sectors, same sources and dates
SHYBHYSConsumer Discretionary32.1%32.1%Financials16.5%16.5%Communications14.6%14.6%Industrials12.9%12.9%Materials9.3%9.3%Health Care5.2%5.2%Utilities4.3%4.3%Consumer Staples2.3%2.3%

Portfolio overlap

100 common holdings · ticker match on full official portfolios
25%50%75%100%Weight of common holdings in SHYB99.9%Weight of common holdings in HYS99.9%Truly shared part (duplicated investment)99.9%
How the shared part is computed: for each security held by both funds, only the SMALLER of the two weights counts — a stock at 5% in one fund and 1% in the other overlaps by 1%, not 5%. Summed over all 100 common holdings this gives 99.9%: buying both funds, roughly this share of your money buys the same stocks twice. Matching uses the ISIN of each security, as published by both issuers in their baskets.
Rebalix · SHYB vs HYSsection 3 of 4
RebalixSHYB vs HYS · report of 10 September 2026

Full comparison table

"—" = not published by the source, never estimated
SHYBAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Acc · LU3277835305 · Bonds · High yield EUR · 1-3 years · Eurozone
HYSAmundi EUR Short Term High Yield Corporate Bond ESG UCITS ETF Dist · LU1617164998 · Bonds · High yield EUR · 1-3 years · Eurozone
MetricSHYBHYSNote
Identity
CategoryBonds · High yield EUR · 1-3 years · EurozoneBonds · High yield EUR · 1-3 years · EurozoneRebalix engine classification
ReplicationPhysicalPhysicalas declared by the issuer
Currency hedgingNoNosource: class name, factsheet
Income policyaccumulatingdistributing
Costs
TER0.30%0.30%from the KID
Transaction costs (KID)0.32%0.32%internal
All-in cost0.62%0.62%TER + transaction
Tracking difference (3a)vs its OWN index
Performance in euro (ECB rates)
1 year+2.5%
3 years
5 years
10 years— = series younger than the window
Risk · last 3 years
Volatility (ann.)
Max drawdown
Sharperisk-free = ECB MRO avg
Sortinolike Sharpe, downside only
Fixed income
Duration1.73 yrs (mod.)1.73 yrs (mod.)SHYB: factsheet 31 Jul 2026 · HYS: factsheet 31 Jul 2026
Duration bandshort (≤3 years)short (≤3 years)short ≤3 · medium 3–7 · long >7 yrs
Investment-grade share0.0%0.0%BBB−/Baa3 and above
Heaviest rating bucketBB (85.5%)BB (85.5%)
Most represented maturityShort term (49.2%)Short term (49.2%)
Distributions (fund currency)
Frequencyaccumulating classannual
Distributions, last 12 monthsaccumulating class2.99 EURper share
Distribution yieldaccumulating class3.06%12 months / NAV
Last ex-dateaccumulating class9 Dec 2025 · 2.99 EUR
Italian taxation
Effective capital-gains rate26.00%white list, current half-year
Documents & exchanges
Listing venues89ESMA register
Borsa Italiana tickerHYS
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~389 euro SHYB · ~389 euro HYS. Broker costs not included.

Disclaimer

This document is for information only and does not constitute investment advice under Directive 2014/65/EU (MiFID II), investment research, a personal recommendation, or an offer or solicitation to buy or sell financial instruments.

Past performance is not indicative of, nor a guarantee of, future results. The value of an investment can go down as well as up and investors may not get back the capital invested. Euro returns are affected by currency fluctuations.

Before any investment decision, read the KID and the Prospectus, available from the issuers. Tax treatment depends on individual circumstances and may change.

Data come from official issuer documents and public registers, following the public methodology at rebalix.com/en/methodology. "—" fields were not published by the source and have not been estimated. Rebalix receives no compensation from the issuers mentioned.

Rebalix · SHYB vs HYSsection 4 of 4