SIHAX vs. LBHYX
Compare and contrast key facts about Guggenheim High Yield Fund (SIHAX) and Thrivent High Yield Fund (LBHYX).
SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996. LBHYX is managed by Thrivent. It was launched on Apr 3, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIHAX or LBHYX.
Correlation
The correlation between SIHAX and LBHYX is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SIHAX vs. LBHYX - Performance Comparison
Key characteristics
SIHAX:
2.98
LBHYX:
2.50
SIHAX:
5.35
LBHYX:
4.13
SIHAX:
1.71
LBHYX:
1.61
SIHAX:
5.66
LBHYX:
4.08
SIHAX:
18.95
LBHYX:
14.60
SIHAX:
0.49%
LBHYX:
0.60%
SIHAX:
3.10%
LBHYX:
3.52%
SIHAX:
-36.72%
LBHYX:
-31.13%
SIHAX:
-0.30%
LBHYX:
-0.00%
Returns By Period
In the year-to-date period, SIHAX achieves a 0.96% return, which is significantly lower than LBHYX's 1.45% return. Over the past 10 years, SIHAX has outperformed LBHYX with an annualized return of 4.78%, while LBHYX has yielded a comparatively lower 3.83% annualized return.
SIHAX
0.96%
0.55%
3.54%
9.08%
3.90%
4.78%
LBHYX
1.45%
0.73%
3.55%
8.78%
2.85%
3.83%
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SIHAX vs. LBHYX - Expense Ratio Comparison
SIHAX has a 1.05% expense ratio, which is higher than LBHYX's 0.79% expense ratio.
Risk-Adjusted Performance
SIHAX vs. LBHYX — Risk-Adjusted Performance Rank
SIHAX
LBHYX
SIHAX vs. LBHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim High Yield Fund (SIHAX) and Thrivent High Yield Fund (LBHYX). 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. LBHYX - Dividend Comparison
SIHAX's dividend yield for the trailing twelve months is around 6.40%, more than LBHYX's 5.95% 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% |
LBHYX Thrivent High Yield Fund | 5.95% | 6.01% | 5.42% | 5.33% | 4.34% | 4.73% | 5.15% | 5.83% | 5.21% | 5.25% | 5.77% | 5.77% |
Drawdowns
SIHAX vs. LBHYX - Drawdown Comparison
The maximum SIHAX drawdown since its inception was -36.72%, which is greater than LBHYX's maximum drawdown of -31.13%. Use the drawdown chart below to compare losses from any high point for SIHAX and LBHYX. For additional features, visit the drawdowns tool.
Volatility
SIHAX vs. LBHYX - Volatility Comparison
The current volatility for Guggenheim High Yield Fund (SIHAX) is 0.78%, while Thrivent High Yield Fund (LBHYX) has a volatility of 0.96%. This indicates that SIHAX experiences smaller price fluctuations and is considered to be less risky than LBHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.