SIHAX vs. GLAD
Compare and contrast key facts about Guggenheim High Yield Fund (SIHAX) and Gladstone Capital Corporation (GLAD).
SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIHAX or GLAD.
Correlation
The correlation between SIHAX and GLAD is 0.22, 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.
Performance
SIHAX vs. GLAD - Performance Comparison
Key characteristics
SIHAX:
2.91
GLAD:
3.18
SIHAX:
5.22
GLAD:
3.78
SIHAX:
1.69
GLAD:
1.55
SIHAX:
5.52
GLAD:
5.39
SIHAX:
18.43
GLAD:
18.15
SIHAX:
0.49%
GLAD:
3.15%
SIHAX:
3.09%
GLAD:
17.99%
SIHAX:
-36.72%
GLAD:
-74.87%
SIHAX:
-0.40%
GLAD:
-3.68%
Returns By Period
In the year-to-date period, SIHAX achieves a 0.86% return, which is significantly lower than GLAD's 3.14% return. Over the past 10 years, SIHAX has underperformed GLAD with an annualized return of 4.76%, while GLAD has yielded a comparatively higher 15.77% annualized return.
SIHAX
0.86%
0.35%
3.23%
8.97%
3.90%
4.76%
GLAD
3.14%
-3.06%
35.04%
57.06%
17.42%
15.77%
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Risk-Adjusted Performance
SIHAX vs. GLAD — Risk-Adjusted Performance Rank
SIHAX
GLAD
SIHAX vs. GLAD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim High Yield Fund (SIHAX) and Gladstone Capital Corporation (GLAD). 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.
Dividends
SIHAX vs. GLAD - Dividend Comparison
SIHAX's dividend yield for the trailing twelve months is around 6.40%, less than GLAD's 8.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIHAX Guggenheim High Yield Fund | 6.40% | 6.37% | 5.96% | 6.17% | 4.40% | 5.24% | 5.96% | 6.88% | 5.54% | 6.09% | 7.11% | 6.73% |
GLAD Gladstone Capital Corporation | 8.21% | 8.38% | 9.19% | 8.45% | 6.73% | 8.97% | 8.46% | 11.51% | 9.12% | 8.95% | 11.49% | 10.16% |
Drawdowns
SIHAX vs. GLAD - Drawdown Comparison
The maximum SIHAX drawdown since its inception was -36.72%, smaller than the maximum GLAD drawdown of -74.87%. Use the drawdown chart below to compare losses from any high point for SIHAX and GLAD. For additional features, visit the drawdowns tool.
Volatility
SIHAX vs. GLAD - Volatility Comparison
The current volatility for Guggenheim High Yield Fund (SIHAX) is 0.77%, while Gladstone Capital Corporation (GLAD) has a volatility of 6.04%. This indicates that SIHAX experiences smaller price fluctuations and is considered to be less risky than GLAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.