AVK vs. SIHAX
Compare and contrast key facts about Advent Convertible and Income Fund (AVK) and Guggenheim High Yield Fund (SIHAX).
AVK is an actively managed fund by Guggenheim. It was launched on Apr 29, 2003. SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996.
Performance
AVK vs. SIHAX - Performance Comparison
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AVK vs. SIHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVK Advent Convertible and Income Fund | -6.74% | 19.66% | 19.42% | 18.16% | -34.45% | 30.18% | 17.62% | 36.54% | -13.36% | 17.28% |
SIHAX Guggenheim High Yield Fund | -1.76% | 6.84% | 6.93% | 10.74% | -10.51% | 4.36% | 4.55% | 11.26% | -3.17% | 6.91% |
Returns By Period
In the year-to-date period, AVK achieves a -6.74% return, which is significantly lower than SIHAX's -1.76% return. Over the past 10 years, AVK has outperformed SIHAX with an annualized return of 9.96%, while SIHAX has yielded a comparatively lower 4.84% annualized return.
AVK
- 1D
- 1.88%
- 1M
- -8.59%
- YTD
- -6.74%
- 6M
- -5.77%
- 1Y
- 11.26%
- 3Y*
- 12.98%
- 5Y*
- 4.16%
- 10Y*
- 9.96%
SIHAX
- 1D
- 0.62%
- 1M
- -1.72%
- YTD
- -1.76%
- 6M
- -0.57%
- 1Y
- 4.38%
- 3Y*
- 6.42%
- 5Y*
- 3.06%
- 10Y*
- 4.84%
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AVK vs. SIHAX - Expense Ratio Comparison
AVK has a 0.75% expense ratio, which is lower than SIHAX's 1.05% expense ratio.
Return for Risk
AVK vs. SIHAX — Risk / Return Rank
AVK
SIHAX
AVK vs. SIHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Advent Convertible and Income Fund (AVK) and Guggenheim High Yield Fund (SIHAX). 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.
| AVK | SIHAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 1.32 | -0.69 |
Sortino ratioReturn per unit of downside risk | 0.97 | 1.96 | -0.99 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.29 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.74 | 1.61 | -0.87 |
Martin ratioReturn relative to average drawdown | 3.33 | 6.54 | -3.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVK | SIHAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 1.32 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.71 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 1.06 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 1.28 | -0.99 |
Correlation
The correlation between AVK and SIHAX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
AVK vs. SIHAX - Dividend Comparison
AVK's dividend yield for the trailing twelve months is around 12.37%, more than SIHAX's 5.97% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVK Advent Convertible and Income Fund | 12.37% | 11.22% | 11.71% | 12.36% | 12.90% | 15.13% | 8.51% | 9.04% | 11.21% | 8.10% | 7.68% | 8.33% |
SIHAX Guggenheim High Yield Fund | 5.97% | 6.39% | 5.45% | 4.91% | 4.75% | 3.70% | 4.79% | 5.44% | 6.86% | 5.53% | 6.09% | 7.53% |
Drawdowns
AVK vs. SIHAX - Drawdown Comparison
The maximum AVK drawdown since its inception was -67.49%, which is greater than SIHAX's maximum drawdown of -36.72%. Use the drawdown chart below to compare losses from any high point for AVK and SIHAX.
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Drawdown Indicators
| AVK | SIHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.49% | -36.72% | -30.77% |
Max Drawdown (1Y)Largest decline over 1 year | -14.25% | -2.86% | -11.39% |
Max Drawdown (5Y)Largest decline over 5 years | -38.50% | -13.95% | -24.55% |
Max Drawdown (10Y)Largest decline over 10 years | -49.82% | -19.31% | -30.51% |
Current DrawdownCurrent decline from peak | -9.89% | -2.16% | -7.73% |
Average DrawdownAverage peak-to-trough decline | -11.78% | -2.64% | -9.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 0.71% | +2.47% |
Volatility
AVK vs. SIHAX - Volatility Comparison
Advent Convertible and Income Fund (AVK) has a higher volatility of 7.97% compared to Guggenheim High Yield Fund (SIHAX) at 1.42%. This indicates that AVK's price experiences larger fluctuations and is considered to be riskier than SIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVK | SIHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 1.42% | +6.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.79% | 2.20% | +8.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.95% | 3.44% | +14.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.75% | 4.33% | +15.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.52% | 4.59% | +17.93% |