SIHAX vs. PHYSX
Compare and contrast key facts about Guggenheim High Yield Fund (SIHAX) and PIA High Yield Fund (PHYSX).
SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996. PHYSX is managed by PIA Mutual Funds. It was launched on Dec 31, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIHAX or PHYSX.
Correlation
The correlation between SIHAX and PHYSX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SIHAX vs. PHYSX - Performance Comparison
Key characteristics
SIHAX:
2.98
PHYSX:
3.98
SIHAX:
5.35
PHYSX:
5.86
SIHAX:
1.71
PHYSX:
1.94
SIHAX:
5.66
PHYSX:
9.47
SIHAX:
18.95
PHYSX:
38.50
SIHAX:
0.49%
PHYSX:
0.27%
SIHAX:
3.10%
PHYSX:
2.66%
SIHAX:
-36.72%
PHYSX:
-19.86%
SIHAX:
-0.30%
PHYSX:
0.00%
Returns By Period
In the year-to-date period, SIHAX achieves a 0.96% return, which is significantly higher than PHYSX's 0.72% return. Over the past 10 years, SIHAX has underperformed PHYSX with an annualized return of 4.78%, while PHYSX has yielded a comparatively higher 5.65% annualized return.
SIHAX
0.96%
0.55%
3.54%
9.08%
3.90%
4.78%
PHYSX
0.72%
0.39%
4.31%
10.44%
5.55%
5.65%
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SIHAX vs. PHYSX - Expense Ratio Comparison
SIHAX has a 1.05% expense ratio, which is higher than PHYSX's 0.86% expense ratio.
Risk-Adjusted Performance
SIHAX vs. PHYSX — Risk-Adjusted Performance Rank
SIHAX
PHYSX
SIHAX vs. PHYSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim High Yield Fund (SIHAX) and PIA High Yield Fund (PHYSX). 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. PHYSX - Dividend Comparison
SIHAX's dividend yield for the trailing twelve months is around 6.40%, less than PHYSX's 7.65% 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% |
PHYSX PIA High Yield Fund | 7.65% | 7.68% | 7.40% | 8.23% | 6.13% | 6.30% | 6.61% | 6.52% | 6.39% | 6.10% | 6.41% | 5.82% |
Drawdowns
SIHAX vs. PHYSX - Drawdown Comparison
The maximum SIHAX drawdown since its inception was -36.72%, which is greater than PHYSX's maximum drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for SIHAX and PHYSX. For additional features, visit the drawdowns tool.
Volatility
SIHAX vs. PHYSX - Volatility Comparison
Guggenheim High Yield Fund (SIHAX) has a higher volatility of 0.78% compared to PIA High Yield Fund (PHYSX) at 0.67%. This indicates that SIHAX's price experiences larger fluctuations and is considered to be riskier than PHYSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.