Harbor Scientific Alpha High-Yield ETF (SIHY)
SIHY is a passive ETF by Harbor tracking the investment results of the ICE BofA US High Yield. SIHY launched on Sep 14, 2021 and has a 0.48% expense ratio.
ETF Info
| ISIN | US41151J1097 |
|---|---|
| Issuer | Harbor |
| Inception Date | Sep 14, 2021 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | ICE BofA US High Yield |
| Asset Class | Bond |
Expense Ratio
SIHY features an expense ratio of 0.48%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: SIHY vs. HYBL, SIHY vs. HYDB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Harbor Scientific Alpha High-Yield ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Harbor Scientific Alpha High-Yield ETF had a return of 7.86% year-to-date (YTD) and 15.08% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.86% | 18.13% |
| 1 month | 1.52% | 1.45% |
| 6 months | 6.63% | 8.81% |
| 1 year | 15.08% | 26.52% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of SIHY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.47% | -0.25% | 1.61% | -1.36% | 1.84% | 0.65% | 2.30% | 1.47% | 7.86% | ||||
| 2023 | 3.57% | -1.21% | 1.29% | 0.65% | -1.44% | 1.25% | 1.66% | 0.72% | -1.73% | -0.45% | 4.73% | 3.78% | 13.31% |
| 2022 | -2.45% | -1.08% | -0.86% | -3.33% | 1.77% | -6.69% | 5.64% | -3.03% | -3.36% | 3.24% | 3.40% | -0.58% | -7.73% |
| 2021 | -0.70% | -0.16% | -1.40% | 2.29% | -0.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SIHY is 94, placing it in the top 6% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Harbor Scientific Alpha High-Yield ETF (SIHY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Harbor Scientific Alpha High-Yield ETF granted a 7.42% dividend yield in the last twelve months. The annual payout for that period amounted to $3.44 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $3.44 | $3.20 | $2.71 | $0.64 |
Dividend yield | 7.42% | 7.06% | 6.31% | 1.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Harbor Scientific Alpha High-Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.29 | $0.27 | $0.30 | $0.26 | $0.32 | $0.26 | $0.27 | $0.31 | $2.28 | |||
| 2023 | $0.00 | $0.26 | $0.05 | $0.35 | $0.26 | $0.29 | $0.28 | $0.26 | $0.28 | $0.28 | $0.27 | $0.61 | $3.20 |
| 2022 | $0.00 | $0.18 | $0.17 | $0.21 | $0.20 | $0.22 | $0.21 | $0.23 | $0.23 | $0.24 | $0.24 | $0.58 | $2.71 |
| 2021 | $0.25 | $0.39 | $0.64 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Harbor Scientific Alpha High-Yield ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Harbor Scientific Alpha High-Yield ETF was 13.30%, occurring on Sep 27, 2022. Recovery took 294 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.3% | Dec 28, 2021 | 189 | Sep 27, 2022 | 294 | Nov 28, 2023 | 483 |
| -2.36% | Nov 8, 2021 | 14 | Nov 26, 2021 | 19 | Dec 23, 2021 | 33 |
| -2.09% | Mar 28, 2024 | 13 | Apr 16, 2024 | 21 | May 15, 2024 | 34 |
| -1.49% | Dec 28, 2023 | 5 | Jan 4, 2024 | 6 | Jan 12, 2024 | 11 |
| -1.2% | Jan 30, 2024 | 11 | Feb 13, 2024 | 17 | Mar 8, 2024 | 28 |
Volatility
Volatility Chart
The current Harbor Scientific Alpha High-Yield ETF volatility is 1.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.