AINP vs. SIFI

Last updated Jun 23, 2026

AINP (Allspring Income Plus ETF) and SIFI (Harbor Scientific Alpha Income ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, AINP returned 5.84% vs 6.64% for SIFI. A 0.76 correlation means they provide meaningful diversification when combined. AINP charges 0.36%/yr vs 0.50%/yr for SIFI.

Performance

AINP vs. SIFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Income Plus ETF (AINP) and Harbor Scientific Alpha Income ETF (SIFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AINP having a 1.29% return and SIFI slightly lower at 1.26%.

AINP

• 1D: -0.20%
• 1M: 0.69%
• YTD: 1.29%
• 6M: 1.37%
• 1Y: 5.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIFI

• 1D: -0.14%
• 1M: 0.47%
• YTD: 1.26%
• 6M: 1.63%
• 1Y: 6.64%
• 3Y*: 7.51%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AINP vs. SIFI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AINP Allspring Income Plus ETF	1.29%	7.53%	-1.22%
SIFI Harbor Scientific Alpha Income ETF	1.26%	8.83%	-1.19%

Correlation

The correlation between AINP and SIFI is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.76

The correlation between AINP and SIFI has been stable across timeframes, ranging from 0.74 to 0.76 - a consistent structural relationship.

Return for Risk

AINP vs. SIFI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AINP

AINP Risk / Return Rank: 55
AINP Sharpe Ratio Rank: 54
AINP Sortino Ratio Rank: 59
AINP Omega Ratio Rank: 58
AINP Calmar Ratio Rank: 49
AINP Martin Ratio Rank: 56

SIFI

SIFI Risk / Return Rank: 62
SIFI Sharpe Ratio Rank: 62
SIFI Sortino Ratio Rank: 70
SIFI Omega Ratio Rank: 66
SIFI Calmar Ratio Rank: 51
SIFI Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AINP vs. SIFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Income Plus ETF (AINP) and Harbor Scientific Alpha Income ETF (SIFI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AINP	SIFI	Difference
Sharpe ratio: Return per unit of total volatility	1.77	2.00	-0.23
Sortino ratio: Return per unit of downside risk	2.69	3.06	-0.37
Omega ratio: Gain probability vs. loss probability	1.35	1.38	-0.03
Calmar ratio: Return relative to maximum drawdown	2.34	2.46	-0.12
Martin ratio: Return relative to average drawdown	9.56	10.05	-0.49

AINP vs. SIFI - Sharpe Ratio Comparison

The current AINP Sharpe Ratio is 1.77, which is comparable to the SIFI Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of AINP and SIFI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AINP vs. SIFI - Drawdown Comparison

The maximum AINP drawdown since its inception was -2.61%, smaller than the maximum SIFI drawdown of -14.68%. Use the drawdown chart below to compare losses from any high point for AINP and SIFI.

Drawdown Indicators

	AINP	SIFI	Difference
Max Drawdown Largest peak-to-trough decline	-2.61%	-14.68%	+12.07%
Max Drawdown (1Y) Largest decline over 1 year	-2.51%	-2.71%	+0.20%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.46%	—
Current Drawdown Current decline from peak	-0.41%	-0.27%	-0.14%
Average Drawdown Average peak-to-trough decline	-0.46%	-4.77%	+4.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	0.66%	-0.05%

Volatility

AINP vs. SIFI - Volatility Comparison

Allspring Income Plus ETF (AINP) has a higher volatility of 0.96% compared to Harbor Scientific Alpha Income ETF (SIFI) at 0.79%. This indicates that AINP's price experiences larger fluctuations and is considered to be riskier than SIFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AINP	SIFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.96%	0.79%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	2.50%	2.49%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	3.32%	3.34%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.62%	4.92%	-1.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.62%	4.92%	-1.30%

AINP vs. SIFI - Expense Ratio Comparison

AINP has a 0.36% expense ratio, which is lower than SIFI's 0.50% expense ratio.

Dividends

AINP vs. SIFI - Dividend Comparison

AINP's dividend yield for the trailing twelve months is around 5.77%, less than SIFI's 6.44% yield.

Position	TTM	2025	2024	2023	2022	2021
AINP Allspring Income Plus ETF	5.77%	5.03%	0.47%	0.00%	0.00%	0.00%
SIFI Harbor Scientific Alpha Income ETF	6.44%	6.57%	5.87%	5.71%	3.88%	0.86%

Frequently Asked Questions

Can I hold both AINP and SIFI in my portfolio?

AINP and SIFI have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AINP or SIFI?

AINP has higher volatility (0.96%) compared to SIFI (0.79%). In terms of maximum drawdown, AINP dropped -2.61% vs SIFI's -14.68%.

Which ETF is better, AINP or SIFI?

On 1-year performance, SIFI leads with 6.64% vs 5.84% for AINP. On fees, AINP is cheaper at 0.36% per year. On volatility, SIFI has been the lower-risk option at 0.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AINP or SIFI?

Over the 1-year period, SIFI has performed better with a 6.64% return vs 5.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AINP or SIFI?

AINP is cheaper with a 0.36% expense ratio, compared with 0.50% for SIFI.

Which ETF pays a higher dividend yield, AINP or SIFI?

SIFI has the higher dividend yield at 6.44%, compared with 5.77% for AINP.

What is the main difference between AINP and SIFI?

They also come from different issuers: Allspring and Harbor. Their fees differ too: 0.36% for AINP and 0.50% for SIFI.

Which has better risk-adjusted returns?

SIFI currently has the higher Sharpe Ratio (2.00 vs 1.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.