SIHY vs. BRLN
Compare and contrast key facts about Harbor Scientific Alpha High-Yield ETF (SIHY) and BlackRock Floating Rate Loan ETF (BRLN).
SIHY and BRLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIHY is a passively managed fund by Harbor that tracks the performance of the ICE BofA US High Yield. It was launched on Sep 14, 2021. BRLN is an actively managed fund by Blackrock. It was launched on Oct 4, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIHY or BRLN.
Correlation
The correlation between SIHY and BRLN is 0.21, 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
SIHY vs. BRLN - Performance Comparison
Key characteristics
SIHY:
2.24
BRLN:
2.85
SIHY:
3.30
BRLN:
4.38
SIHY:
1.42
BRLN:
1.57
SIHY:
4.97
BRLN:
7.89
SIHY:
16.15
BRLN:
46.08
SIHY:
0.64%
BRLN:
0.18%
SIHY:
4.64%
BRLN:
2.83%
SIHY:
-13.30%
BRLN:
-2.07%
SIHY:
-0.15%
BRLN:
-0.05%
Returns By Period
In the year-to-date period, SIHY achieves a 1.59% return, which is significantly higher than BRLN's 0.79% return.
SIHY
1.59%
0.50%
3.69%
10.36%
N/A
N/A
BRLN
0.79%
0.07%
3.70%
8.34%
N/A
N/A
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SIHY vs. BRLN - Expense Ratio Comparison
SIHY has a 0.48% expense ratio, which is lower than BRLN's 0.55% expense ratio.
Risk-Adjusted Performance
SIHY vs. BRLN — Risk-Adjusted Performance Rank
SIHY
BRLN
SIHY vs. BRLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Scientific Alpha High-Yield ETF (SIHY) and BlackRock Floating Rate Loan ETF (BRLN). 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
SIHY vs. BRLN - Dividend Comparison
SIHY's dividend yield for the trailing twelve months is around 7.42%, less than BRLN's 7.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
SIHY Harbor Scientific Alpha High-Yield ETF | 7.42% | 7.54% | 7.06% | 6.32% | 1.30% |
BRLN BlackRock Floating Rate Loan ETF | 7.81% | 7.87% | 9.06% | 1.48% | 0.00% |
Drawdowns
SIHY vs. BRLN - Drawdown Comparison
The maximum SIHY drawdown since its inception was -13.30%, which is greater than BRLN's maximum drawdown of -2.07%. Use the drawdown chart below to compare losses from any high point for SIHY and BRLN. For additional features, visit the drawdowns tool.
Volatility
SIHY vs. BRLN - Volatility Comparison
Harbor Scientific Alpha High-Yield ETF (SIHY) has a higher volatility of 1.20% compared to BlackRock Floating Rate Loan ETF (BRLN) at 0.67%. This indicates that SIHY's price experiences larger fluctuations and is considered to be riskier than BRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.