SIHAX vs. AVK
Compare and contrast key facts about Guggenheim High Yield Fund (SIHAX) and Advent Convertible and Income Fund (AVK).
SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996. AVK is an actively managed fund by Guggenheim. It was launched on Apr 29, 2003.
Performance
SIHAX vs. AVK - Performance Comparison
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SIHAX vs. AVK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SIHAX Guggenheim High Yield Fund | -2.36% | 6.84% | 6.93% | 10.74% | -10.51% | 4.36% | 4.55% | 11.26% | -3.17% | 6.91% |
AVK Advent Convertible and Income Fund | -8.46% | 19.66% | 19.42% | 18.16% | -34.45% | 30.18% | 17.62% | 36.54% | -13.36% | 17.28% |
Returns By Period
In the year-to-date period, SIHAX achieves a -2.36% return, which is significantly higher than AVK's -8.46% return. Over the past 10 years, SIHAX has underperformed AVK with an annualized return of 4.77%, while AVK has yielded a comparatively higher 9.75% annualized return.
SIHAX
- 1D
- 0.10%
- 1M
- -2.43%
- YTD
- -2.36%
- 6M
- -1.09%
- 1Y
- 3.84%
- 3Y*
- 6.20%
- 5Y*
- 2.97%
- 10Y*
- 4.77%
AVK
- 1D
- 3.14%
- 1M
- -9.99%
- YTD
- -8.46%
- 6M
- -7.73%
- 1Y
- 8.54%
- 3Y*
- 12.28%
- 5Y*
- 3.77%
- 10Y*
- 9.75%
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SIHAX vs. AVK - Expense Ratio Comparison
SIHAX has a 1.05% expense ratio, which is higher than AVK's 0.75% expense ratio.
Return for Risk
SIHAX vs. AVK — Risk / Return Rank
SIHAX
AVK
SIHAX vs. AVK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim High Yield Fund (SIHAX) and Advent Convertible and Income Fund (AVK). 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.
| SIHAX | AVK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | 0.48 | +0.80 |
Sortino ratioReturn per unit of downside risk | 1.87 | 0.77 | +1.10 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.12 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 0.57 | +0.78 |
Martin ratioReturn relative to average drawdown | 5.58 | 2.56 | +3.02 |
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
| SIHAX | AVK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.48 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.19 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | 0.43 | +0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.27 | 0.28 | +0.99 |
Correlation
The correlation between SIHAX and AVK 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
SIHAX vs. AVK - Dividend Comparison
SIHAX's dividend yield for the trailing twelve months is around 6.00%, less than AVK's 12.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIHAX Guggenheim High Yield Fund | 6.00% | 6.39% | 5.45% | 4.91% | 4.75% | 3.70% | 4.79% | 5.44% | 6.86% | 5.53% | 6.09% | 7.53% |
AVK Advent Convertible and Income Fund | 12.60% | 11.22% | 11.71% | 12.36% | 12.90% | 15.13% | 8.51% | 9.04% | 11.21% | 8.10% | 7.68% | 8.33% |
Drawdowns
SIHAX vs. AVK - Drawdown Comparison
The maximum SIHAX drawdown since its inception was -36.72%, smaller than the maximum AVK drawdown of -67.49%. Use the drawdown chart below to compare losses from any high point for SIHAX and AVK.
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Drawdown Indicators
| SIHAX | AVK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.72% | -67.49% | +30.77% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -14.25% | +11.39% |
Max Drawdown (5Y)Largest decline over 5 years | -13.95% | -38.50% | +24.55% |
Max Drawdown (10Y)Largest decline over 10 years | -19.31% | -49.82% | +30.51% |
Current DrawdownCurrent decline from peak | -2.76% | -11.55% | +8.79% |
Average DrawdownAverage peak-to-trough decline | -2.64% | -11.78% | +9.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 3.15% | -2.46% |
Volatility
SIHAX vs. AVK - Volatility Comparison
The current volatility for Guggenheim High Yield Fund (SIHAX) is 1.21%, while Advent Convertible and Income Fund (AVK) has a volatility of 7.71%. This indicates that SIHAX experiences smaller price fluctuations and is considered to be less risky than AVK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIHAX | AVK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 7.71% | -6.50% |
Volatility (6M)Calculated over the trailing 6-month period | 2.11% | 10.62% | -8.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.39% | 17.86% | -14.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.33% | 19.73% | -15.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.58% | 22.52% | -17.94% |