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SIHAX vs. TYHYX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SIHAX and TYHYX is 0.33, 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. TYHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guggenheim High Yield Fund (SIHAX) and Pioneer High Yield Fund (TYHYX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SIHAX:

2.10

TYHYX:

1.74

Sortino Ratio

SIHAX:

3.13

TYHYX:

2.47

Omega Ratio

SIHAX:

1.47

TYHYX:

1.42

Calmar Ratio

SIHAX:

2.15

TYHYX:

1.65

Martin Ratio

SIHAX:

9.09

TYHYX:

6.37

Ulcer Index

SIHAX:

0.80%

TYHYX:

1.05%

Daily Std Dev

SIHAX:

3.56%

TYHYX:

3.84%

Max Drawdown

SIHAX:

-36.72%

TYHYX:

-44.82%

Current Drawdown

SIHAX:

-0.27%

TYHYX:

-1.43%

Returns By Period

In the year-to-date period, SIHAX achieves a 1.17% return, which is significantly higher than TYHYX's 0.70% return. Over the past 10 years, SIHAX has outperformed TYHYX with an annualized return of 4.50%, while TYHYX has yielded a comparatively lower 3.99% annualized return.


SIHAX

YTD

1.17%

1M

2.80%

6M

1.58%

1Y

7.41%

5Y*

6.55%

10Y*

4.50%

TYHYX

YTD

0.70%

1M

2.73%

6M

0.56%

1Y

6.69%

5Y*

6.61%

10Y*

3.99%

*Annualized

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SIHAX vs. TYHYX - Expense Ratio Comparison

SIHAX has a 1.05% expense ratio, which is higher than TYHYX's 0.85% expense ratio.


Risk-Adjusted Performance

SIHAX vs. TYHYX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SIHAX
The Risk-Adjusted Performance Rank of SIHAX is 9393
Overall Rank
The Sharpe Ratio Rank of SIHAX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of SIHAX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of SIHAX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of SIHAX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of SIHAX is 9393
Martin Ratio Rank

TYHYX
The Risk-Adjusted Performance Rank of TYHYX is 9191
Overall Rank
The Sharpe Ratio Rank of TYHYX is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of TYHYX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of TYHYX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of TYHYX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of TYHYX is 9090
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SIHAX vs. TYHYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Guggenheim High Yield Fund (SIHAX) and Pioneer High Yield Fund (TYHYX). 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.


The current SIHAX Sharpe Ratio is 2.10, which is comparable to the TYHYX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of SIHAX and TYHYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SIHAX vs. TYHYX - Dividend Comparison

SIHAX's dividend yield for the trailing twelve months is around 5.93%, more than TYHYX's 5.71% yield.


TTM20242023202220212020201920182017201620152014
SIHAX
Guggenheim High Yield Fund
5.93%6.37%5.96%6.17%4.40%5.24%5.96%6.88%5.54%6.09%7.11%6.73%
TYHYX
Pioneer High Yield Fund
5.71%6.07%5.50%5.94%4.47%5.25%5.20%5.13%5.07%5.21%6.05%5.12%

Drawdowns

SIHAX vs. TYHYX - Drawdown Comparison

The maximum SIHAX drawdown since its inception was -36.72%, smaller than the maximum TYHYX drawdown of -44.82%. Use the drawdown chart below to compare losses from any high point for SIHAX and TYHYX. For additional features, visit the drawdowns tool.


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Volatility

SIHAX vs. TYHYX - Volatility Comparison

The current volatility for Guggenheim High Yield Fund (SIHAX) is 1.08%, while Pioneer High Yield Fund (TYHYX) has a volatility of 1.44%. This indicates that SIHAX experiences smaller price fluctuations and is considered to be less risky than TYHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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