USHY iShares Broad USD High Yield Corporate Bond ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for USHY (iShares Broad USD High Yield Corporate Bond ETF) using the Excess Return MMA CA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -5.6% (compared to the benchmark's drawdown of -22.4%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 4.5%, compared to a Buy-and-Hold benchmark return of 5.2%. The strategy executed 58 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Available in Investing Mode
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
Available in Investing Mode
USHY Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | Full History | |||
|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 6.66% | 7.57% | 3.62% | 4.36% | 4.45% | 5.15% |
| Sharpe Ratio | 2.49 | 2.02 | 0.90 | 0.58 | 1.06 | 0.60 |
| Max Drawdown | -1.22% | -2.43% | -5.62% | -15.56% | -5.62% | -22.44% |
| % Time Invested | 100.0% | 100.0% | 85.4% | 100.0% | 87.6% | 100.0% |
| Trades / Year | 4.0 | 0.0 | 6.8 | 0.0 | 7.2 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| 2026-04-09 | Open | Open | 33.33% | $36.88 | $37.17 | 0.79% | Mark-to-Market |
| 2026-05-21 | Open | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.02% | Mark-to-Market |
| 2026-05-06 | Open | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.33% | Mark-to-Market |
| 2026-04-09 | 2026-05-21 | Completed | 33.33% | $36.88 | $36.90 | 0.06% | Signal |
| 2025-07-15 | 2026-05-06 | Completed | 33.33% | $35.21 | $37.06 | 5.24% | Signal |
| 2026-03-11 | 2026-04-09 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.28% | Interest Income |
| 2026-03-03 | 2026-04-09 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income |
| 2025-12-18 | 2026-03-11 | Completed | 33.33% | $36.44 | $36.60 | 0.45% | Signal |
| 2026-02-25 | 2026-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2025-12-11 | 2026-02-25 | Completed | 33.33% | $36.43 | $36.84 | 1.15% | Signal |
| 2025-11-10 | 2025-12-18 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.54% | Interest Income |
| 2025-10-20 | 2025-12-11 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.78% | Interest Income |
| 2025-05-22 | 2025-11-10 | Completed | 33.33% | $34.27 | $36.11 | 5.39% | Signal |
| 2025-05-08 | 2025-10-20 | Completed | 33.33% | $34.18 | $36.08 | 5.56% | Signal |
| 2025-06-03 | 2025-07-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.72% | Interest Income |
| 2025-05-02 | 2025-06-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2025-05-02 | 2025-05-22 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.19% | Interest Income |
| 2025-05-02 | 2025-05-08 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2025-04-23 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.21% | Interest Income |
| 2025-04-02 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2025-03-17 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.29% | Interest Income |
| 2024-07-25 | 2025-04-23 | Completed | 33.33% | $32.42 | $33.99 | 4.84% | Signal |
| 2025-02-07 | 2025-04-02 | Completed | 33.33% | $34.15 | $34.00 | -0.44% | Signal |
| 2025-01-29 | 2025-03-17 | Completed | 33.33% | $34.08 | $34.01 | -0.21% | Signal |
| 2025-01-15 | 2025-02-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2024-12-30 | 2025-01-29 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2024-12-10 | 2025-01-15 | Completed | 33.33% | $33.92 | $33.78 | -0.42% | Signal |
| 2024-11-25 | 2024-12-30 | Completed | 33.33% | $33.73 | $33.54 | -0.54% | Signal |
| 2024-11-11 | 2024-12-10 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.40% | Interest Income |
| 2024-10-24 | 2024-11-25 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income |
| 2024-05-31 | 2024-11-11 | Completed | 33.33% | $31.59 | $33.76 | 6.88% | Signal |
| 2024-05-15 | 2024-10-24 | Completed | 33.33% | $31.71 | $33.34 | 5.13% | Signal |
| 2024-07-02 | 2024-07-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.33% | Interest Income |
| 2023-12-28 | 2024-07-02 | Completed | 33.33% | $31.17 | $31.82 | 2.10% | Signal |
| 2024-04-22 | 2024-05-31 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.69% | Interest Income |
| 2024-04-17 | 2024-05-15 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income |
| 2023-11-27 | 2024-04-22 | Completed | 33.33% | $29.76 | $31.08 | 4.46% | Signal |
| 2024-03-12 | 2024-04-17 | Completed | 33.33% | $31.43 | $30.99 | -1.42% | Signal |
| 2024-02-08 | 2024-03-12 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.63% | Interest Income |
| 2023-11-13 | 2024-02-08 | Completed | 33.33% | $29.32 | $31.12 | 6.16% | Signal |
| 2023-10-20 | 2023-12-28 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.11% | Interest Income |
| 2023-09-12 | 2023-11-27 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.07% | Interest Income |
| 2023-09-28 | 2023-11-13 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.67% | Interest Income |
| 2023-06-23 | 2023-10-20 | Completed | 33.33% | $28.61 | $28.38 | -0.77% | Signal |
| 2023-09-15 | 2023-09-28 | Completed | 33.33% | $29.32 | $28.80 | -1.79% | Signal |
| 2023-08-21 | 2023-09-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.50% | Interest Income |
| 2023-07-07 | 2023-09-12 | Completed | 33.33% | $28.62 | $29.25 | 2.18% | Signal |
| 2023-06-20 | 2023-08-21 | Completed | 33.33% | $28.82 | $28.92 | 0.37% | Signal |
| 2023-06-08 | 2023-07-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.48% | Interest Income |
| 2023-06-02 | 2023-06-23 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.40% | Interest Income |
| 2023-06-02 | 2023-06-20 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.40% | Interest Income |
| 2023-04-24 | 2023-06-08 | Completed | 33.33% | $28.61 | $28.60 | -0.04% | Signal |
| 2023-05-19 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income |
| 2023-05-18 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income |
| 2023-01-31 | 2023-05-19 | Completed | 33.33% | $28.39 | $28.41 | 0.06% | Signal |
| 2023-04-10 | 2023-05-18 | Completed | 33.33% | $28.41 | $28.34 | -0.26% | Signal |
| 2023-04-04 | 2023-04-24 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income |
| 2023-04-04 | 2023-04-10 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2023-03-15 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.89% | Interest Income |
| 2023-02-24 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2022-11-22 | 2023-03-15 | Completed | 33.33% | $27.46 | $27.57 | 0.39% | Signal |
| 2023-02-03 | 2023-02-24 | Completed | 33.33% | $28.76 | $27.83 | -3.26% | Signal |
| 2023-01-11 | 2023-02-03 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income |
| 2022-12-02 | 2023-01-31 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.32% | Interest Income |
| 2022-11-04 | 2023-01-11 | Completed | 33.33% | $26.97 | $28.32 | 5.00% | Signal |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-11-22 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.41% | Interest Income |
| 2022-10-04 | 2022-11-04 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2022-09-19 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.17% | Interest Income |
| 2022-09-08 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.22% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-08-08 | 2022-09-19 | Completed | 33.33% | $28.53 | $27.15 | -4.84% | Stop |
| 2022-07-26 | 2022-09-08 | Completed | 33.33% | $27.80 | $27.52 | -1.03% | Signal |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-03-02 | 2022-08-08 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.21% | Interest Income |
| 2022-06-22 | 2022-07-26 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2022-06-16 | 2022-06-22 | Completed | 33.33% | $26.75 | $26.77 | 0.06% | Signal |
| 2022-03-02 | 2022-06-16 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2022-02-03 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2022-02-02 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2022-01-25 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2022-01-04 | 2022-02-03 | Completed | 33.33% | $30.90 | $30.15 | -2.43% | Signal |
| 2020-06-03 | 2022-02-02 | Completed | 33.33% | $26.81 | $30.26 | 12.86% | Signal |
| 2021-12-27 | 2022-01-25 | Completed | 33.33% | $30.99 | $30.25 | -2.38% | Signal |
| 2021-11-02 | 2022-01-04 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2021-12-02 | 2021-12-27 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2021-11-09 | 2021-12-02 | Completed | 33.33% | $30.89 | $30.23 | -2.14% | Signal |
| 2021-11-02 | 2021-11-09 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income |
| 2021-04-21 | 2021-11-02 | Completed | 33.33% | $29.79 | $30.59 | 2.70% | Signal |
| 2021-10-13 | 2021-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2021-09-03 | 2021-10-13 | Completed | 33.33% | $30.77 | $30.52 | -0.83% | Signal |
| 2021-09-02 | 2021-09-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2021-08-12 | 2021-09-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2021-04-09 | 2021-08-12 | Completed | 33.33% | $29.80 | $30.40 | 2.00% | Signal |
| 2021-04-05 | 2021-04-21 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2021-04-05 | 2021-04-09 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2021-03-29 | 2021-04-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.09% | Interest Income |
| 2021-03-15 | 2021-04-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2020-11-05 | 2021-03-29 | Completed | 33.33% | $28.48 | $29.61 | 3.95% | Signal |
| 2020-10-20 | 2021-03-15 | Completed | 33.33% | $28.01 | $29.47 | 5.22% | Signal |
| 2020-11-03 | 2020-11-05 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2020-10-14 | 2020-11-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.08% | Interest Income |
| 2020-09-28 | 2020-10-20 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2020-05-06 | 2020-10-14 | Completed | 33.33% | $25.19 | $28.14 | 11.71% | Signal |
| 2020-08-10 | 2020-09-28 | Completed | 33.33% | $27.91 | $27.53 | -1.36% | Signal |
| 2020-07-17 | 2020-08-10 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income |
| 2020-04-17 | 2020-07-17 | Completed | 33.33% | $25.72 | $27.13 | 5.50% | Signal |
| 2020-06-02 | 2020-06-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2020-03-10 | 2020-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2020-03-06 | 2020-05-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.19% | Interest Income |
| 2020-03-04 | 2020-04-17 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income |
| 2019-03-19 | 2020-03-10 | Completed | 33.33% | $25.91 | $26.29 | 1.47% | Stop |
| 2019-11-29 | 2020-03-06 | Completed | 33.33% | $27.21 | $27.12 | -0.35% | Signal |
| 2019-12-19 | 2020-03-04 | Completed | 33.33% | $27.72 | $27.77 | 0.17% | Signal |
| 2019-11-26 | 2019-12-19 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income |
| 2019-11-06 | 2019-11-29 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income |
| 2019-11-05 | 2019-11-26 | Completed | 33.33% | $27.18 | $27.15 | -0.10% | Signal |
| 2019-09-30 | 2019-11-06 | Completed | 33.33% | $27.10 | $27.16 | 0.21% | Signal |
| 2019-10-14 | 2019-11-05 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.19% | Interest Income |
| 2019-09-05 | 2019-10-14 | Completed | 33.33% | $27.00 | $27.08 | 0.29% | Signal |
| 2019-09-06 | 2019-09-30 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.28% | Interest Income |
| 2019-07-03 | 2019-09-06 | Completed | 33.33% | $26.81 | $27.07 | 0.97% | Signal |
| 2019-08-08 | 2019-09-05 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income |
| 2019-06-21 | 2019-08-08 | Completed | 33.33% | $26.75 | $26.65 | -0.36% | Signal |
| 2019-06-11 | 2019-07-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income |
| 2019-05-23 | 2019-06-21 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.21% | Interest Income |
| 2019-02-01 | 2019-06-11 | Completed | 33.33% | $25.36 | $26.46 | 4.33% | Signal |
| 2019-01-22 | 2019-05-23 | Completed | 33.33% | $25.21 | $26.23 | 4.04% | Signal |
| 2019-03-04 | 2019-03-19 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income |
| 2018-12-04 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.61% | Interest Income |
| 2018-12-04 | 2019-02-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.44% | Interest Income |
| 2018-12-04 | 2019-01-22 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income |
| 2018-11-29 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2018-11-02 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income |
| 2018-11-02 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income |
| 2018-08-02 | 2018-11-29 | Completed | 33.33% | $25.15 | $24.76 | -1.53% | Signal |
| 2018-10-22 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2018-10-12 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2018-06-25 | 2018-10-22 | Completed | 33.33% | $24.92 | $25.09 | 0.66% | Signal |
| 2018-08-03 | 2018-10-12 | Completed | 33.33% | $25.15 | $25.20 | 0.19% | Signal |
| 2018-07-12 | 2018-08-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income |
| 2018-05-08 | 2018-08-02 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.50% | Interest Income |
| 2018-06-12 | 2018-07-12 | Completed | 33.33% | $24.97 | $24.94 | -0.12% | Signal |
| 2018-06-01 | 2018-06-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2018-05-16 | 2018-06-12 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2018-05-10 | 2018-06-01 | Completed | 33.33% | $24.82 | $24.82 | 0.01% | Signal |
| 2018-05-10 | 2018-05-16 | Completed | 33.33% | $24.82 | $24.76 | -0.23% | Signal |
| 2018-05-08 | 2018-05-10 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2018-05-08 | 2018-05-10 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |