Guggenheim High Yield Fund (SIHAX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SIHAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SIHAX
SIHAX charges 1.05% annually. There are 153 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | SIHAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | SIHAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | SIHAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | SIHAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | SIHAX vs CRDOX |
Best Risk-Adjusted Alternatives to SIHAX
SIHAX has a PortfoliosLab risk / return rank of 30. There are 167 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | SIHAX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | SIHAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | SIHAX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | SIHAX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | SIHAX vs CWFIX |
Top Performing SIHAX Alternatives (YTD)
SIHAX is at 0.78% YTD. There are 161 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | SIHAX vs XILSX | |
| Fairholme Focused Income Fund | 9.97% | — | Dec 2009 | SIHAX vs FOCIX | |
| Fidelity Capital & Income Fund | 6.70% | — | Nov 1977 | SIHAX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.15% | — | Oct 2018 | SIHAX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.09% | — | Jul 1995 | SIHAX vs FAHCX |
Lowest Volatility Alternatives to SIHAX
SIHAX has 3.16% 1-year volatility. There are 85 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | SIHAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | SIHAX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.52% | — | Jul 2014 | SIHAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.70% | — | Oct 2012 | SIHAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.78% | — | Aug 2002 | SIHAX vs OSTIX |
Lowest Drawdown Alternatives to SIHAX
SIHAX has a 1-year max drawdown of -2.86%. There are 153 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | SIHAX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | SIHAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | SIHAX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | SIHAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | SIHAX vs SCFIX |
Other Mutual Funds from Guggenheim
The 10 most viewed Guggenheim mutual funds shown here include GOF, RYOCX, GIBIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Guggenheim Strategic Opportunities Fund | Multisector Bonds, Diversified Portfolio, Actively Managed | 0 | -9.13% | — | Jul 2007 | SIHAX vs GOF | |
| Rydex NASDAQ-100 Fund Investor Class | Large Cap Growth Equities | 42 | 13.56% | — | Feb 1994 | SIHAX vs RYOCX | |
| Guggenheim Total Return Bond Fund | Intermediate Core-Plus Bond | 14 | -0.53% | — | Nov 2011 | SIHAX vs GIBIX | |
| Guggenheim Limited Duration Fund | Short-Term Bond | 88 | 1.08% | — | Dec 2013 | SIHAX vs GILHX | |
| Guggenheim Macro Opportunities Fund | Nontraditional Bonds | 59 | 0.71% | — | Nov 2011 | SIHAX vs GIOIX | |
| Guggenheim Directional Allocation Fund | Large Cap Growth Equities | 66 | 10.18% | — | Jun 2012 | SIHAX vs TVRIX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | Leveraged Equities | 34 | 21.85% | — | Nov 2014 | SIHAX vs RMQHX | |
| Guggenheim StylePlus - Large Core Fund | Large Cap Blend Equities | 63 | 12.21% | — | Sep 1962 | SIHAX vs SECEX | |
| Guggenheim Managed Futures Strategy Fund | Systematic Trend | 51 | 5.24% | — | Mar 2007 | SIHAX vs RYMTX | |
| Guggenheim StylePlus - Mid Growth Fund | Mid Cap Growth Equities | 20 | 12.38% | — | Sep 1969 | SIHAX vs SECUX |
Often Compared With SIHAX
Investors most often compare SIHAX with TAHTX, IHFAX, IPHYX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare SIHAX with Any Fund or Stock
Compare SIHAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SIHAX with funds that move differently
Guggenheim High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SIHAX.
Explore SIHAX Diversifiers