SIHAX vs. TAJEX
Compare and contrast key facts about Guggenheim High Yield Fund (SIHAX) and Transamerica High Yield ESG (TAJEX).
SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996. TAJEX is managed by Transamerica. It was launched on Jul 30, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIHAX or TAJEX.
Correlation
The correlation between SIHAX and TAJEX is 0.86, 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. TAJEX - Performance Comparison
Key characteristics
SIHAX:
2.98
TAJEX:
2.30
SIHAX:
5.35
TAJEX:
3.66
SIHAX:
1.71
TAJEX:
1.50
SIHAX:
5.66
TAJEX:
2.04
SIHAX:
18.95
TAJEX:
10.80
SIHAX:
0.49%
TAJEX:
0.74%
SIHAX:
3.10%
TAJEX:
3.48%
SIHAX:
-36.72%
TAJEX:
-15.47%
SIHAX:
-0.30%
TAJEX:
-0.11%
Returns By Period
In the year-to-date period, SIHAX achieves a 0.96% return, which is significantly lower than TAJEX's 1.24% return.
SIHAX
0.96%
0.55%
3.54%
9.08%
3.90%
4.78%
TAJEX
1.24%
0.78%
3.26%
8.00%
N/A
N/A
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SIHAX vs. TAJEX - Expense Ratio Comparison
SIHAX has a 1.05% expense ratio, which is higher than TAJEX's 0.77% expense ratio.
Risk-Adjusted Performance
SIHAX vs. TAJEX — Risk-Adjusted Performance Rank
SIHAX
TAJEX
SIHAX vs. TAJEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim High Yield Fund (SIHAX) and Transamerica High Yield ESG (TAJEX). 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. TAJEX - Dividend Comparison
SIHAX's dividend yield for the trailing twelve months is around 6.40%, less than TAJEX's 6.51% 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% |
TAJEX Transamerica High Yield ESG | 6.51% | 6.55% | 5.93% | 4.86% | 3.71% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SIHAX vs. TAJEX - Drawdown Comparison
The maximum SIHAX drawdown since its inception was -36.72%, which is greater than TAJEX's maximum drawdown of -15.47%. Use the drawdown chart below to compare losses from any high point for SIHAX and TAJEX. For additional features, visit the drawdowns tool.
Volatility
SIHAX vs. TAJEX - Volatility Comparison
The current volatility for Guggenheim High Yield Fund (SIHAX) is 0.78%, while Transamerica High Yield ESG (TAJEX) has a volatility of 0.85%. This indicates that SIHAX experiences smaller price fluctuations and is considered to be less risky than TAJEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.