SIHAX vs. PEY
Compare and contrast key facts about Guggenheim High Yield Fund (SIHAX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY).
SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996. PEY is a passively managed fund by Invesco that tracks the performance of the NASDAQ US Dividend Achievers 50 Index. It was launched on Dec 9, 2004.
Performance
SIHAX vs. PEY - Performance Comparison
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SIHAX vs. PEY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 5.88% | 0.56% | 5.25% | 7.29% | 2.45% | 26.15% | -3.85% | 24.76% | -7.49% | 8.78% |
Returns By Period
In the year-to-date period, SIHAX achieves a -1.76% return, which is significantly lower than PEY's 5.88% return. Over the past 10 years, SIHAX has underperformed PEY with an annualized return of 4.84%, while PEY has yielded a comparatively higher 8.63% annualized return.
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%
PEY
- 1D
- -0.32%
- 1M
- -0.81%
- YTD
- 5.88%
- 6M
- 3.22%
- 1Y
- 4.59%
- 3Y*
- 7.32%
- 5Y*
- 5.59%
- 10Y*
- 8.63%
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SIHAX vs. PEY - Expense Ratio Comparison
SIHAX has a 1.05% expense ratio, which is higher than PEY's 0.54% expense ratio.
Return for Risk
SIHAX vs. PEY — Risk / Return Rank
SIHAX
PEY
SIHAX vs. PEY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim High Yield Fund (SIHAX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY). 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 | PEY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 0.26 | +1.07 |
Sortino ratioReturn per unit of downside risk | 1.96 | 0.49 | +1.47 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.06 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.61 | 0.33 | +1.28 |
Martin ratioReturn relative to average drawdown | 6.54 | 0.98 | +5.57 |
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 | PEY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 0.26 | +1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.34 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.06 | 0.46 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.28 | 0.27 | +1.01 |
Correlation
The correlation between SIHAX and PEY is 0.30, 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. PEY - Dividend Comparison
SIHAX's dividend yield for the trailing twelve months is around 5.97%, more than PEY's 4.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 4.68% | 4.85% | 4.44% | 4.58% | 4.22% | 3.83% | 4.30% | 3.78% | 4.33% | 3.21% | 3.12% | 3.44% |
Drawdowns
SIHAX vs. PEY - Drawdown Comparison
The maximum SIHAX drawdown since its inception was -36.72%, smaller than the maximum PEY drawdown of -72.81%. Use the drawdown chart below to compare losses from any high point for SIHAX and PEY.
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Drawdown Indicators
| SIHAX | PEY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.72% | -72.81% | +36.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -13.28% | +10.42% |
Max Drawdown (5Y)Largest decline over 5 years | -13.95% | -17.90% | +3.95% |
Max Drawdown (10Y)Largest decline over 10 years | -19.31% | -41.55% | +22.24% |
Current DrawdownCurrent decline from peak | -2.16% | -3.71% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -2.64% | -12.97% | +10.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 4.45% | -3.74% |
Volatility
SIHAX vs. PEY - Volatility Comparison
The current volatility for Guggenheim High Yield Fund (SIHAX) is 1.42%, while Invesco High Yield Equity Dividend Achievers™ ETF (PEY) has a volatility of 3.24%. This indicates that SIHAX experiences smaller price fluctuations and is considered to be less risky than PEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIHAX | PEY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 3.24% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 2.20% | 9.86% | -7.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.44% | 17.84% | -14.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.33% | 16.38% | -12.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.59% | 18.90% | -14.31% |