SIHY vs. FLRT

Last updated Jun 4, 2026

SIHY (Harbor Scientific Alpha High-Yield ETF) and FLRT (Pacific Global Senior Loan ETF) are both High Yield Bonds funds. SIHY is passively managed, while FLRT is actively managed. Over the past 3 years, SIHY returned 9.23%/yr vs 8.90%/yr for FLRT. At a 0.28 correlation, their price movements are largely independent. SIHY charges 0.48%/yr vs 0.69%/yr for FLRT.

Performance

SIHY vs. FLRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Scientific Alpha High-Yield ETF (SIHY) and Pacific Global Senior Loan ETF (FLRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIHY achieves a 1.74% return, which is significantly lower than FLRT's 1.83% return.

SIHY

• 1D: -0.13%
• 1M: 0.88%
• YTD: 1.74%
• 6M: 2.22%
• 1Y: 8.47%
• 3Y*: 9.23%
• 5Y*: —
• 10Y*: —

FLRT

• 1D: -0.15%
• 1M: 0.90%
• YTD: 1.83%
• 6M: 2.55%
• 1Y: 6.08%
• 3Y*: 8.90%
• 5Y*: 5.98%
• 10Y*: 5.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SIHY vs. FLRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SIHY Harbor Scientific Alpha High-Yield ETF	1.74%	8.13%	8.67%	13.31%	-7.73%	-0.00%
FLRT Pacific Global Senior Loan ETF	1.83%	6.24%	9.18%	14.59%	-2.72%	0.63%

Correlation

The correlation between SIHY and FLRT is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Sep 17, 2021	0.28

SIHY vs. FLRT - Sectors Allocation Comparison

Sectors	SIHY	FLRT
Industrials	14.8%	-
Consumer Cyclical	13.9%	-
Energy	11.9%	-
Technology	8.8%	-
Financial Services	6.3%	99.2%
Real Estate	5.3%	-
Basic Materials	3.2%	-
Communication Services	3.0%	0.8%
Utilities	3.0%	-
Consumer Defensive	2.0%	-
Healthcare	1.5%	-

Return for Risk

SIHY vs. FLRT — Risk / Return Rank

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

SIHY

SIHY Risk / Return Rank: 63
SIHY Sharpe Ratio Rank: 61
SIHY Sortino Ratio Rank: 69
SIHY Omega Ratio Rank: 66
SIHY Calmar Ratio Rank: 55
SIHY Martin Ratio Rank: 62

FLRT

FLRT Risk / Return Rank: 85
FLRT Sharpe Ratio Rank: 95
FLRT Sortino Ratio Rank: 97
FLRT Omega Ratio Rank: 97
FLRT Calmar Ratio Rank: 68
FLRT Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SIHY vs. FLRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Scientific Alpha High-Yield ETF (SIHY) and Pacific Global Senior Loan ETF (FLRT). 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.

	SIHY	FLRT	Difference
Sharpe ratio: Return per unit of total volatility	2.04	3.89	-1.85
Sortino ratio: Return per unit of downside risk	3.17	6.03	-2.86
Omega ratio: Gain probability vs. loss probability	1.40	1.95	-0.55
Calmar ratio: Return relative to maximum drawdown	2.69	3.43	-0.75
Martin ratio: Return relative to average drawdown	11.10	12.62	-1.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIHY vs. FLRT - Sharpe Ratio Comparison

The current SIHY Sharpe Ratio is 2.04, which is lower than the FLRT Sharpe Ratio of 3.89. The chart below compares the historical Sharpe Ratios of SIHY and FLRT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SIHY	FLRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	3.89	-1.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.75	-0.11

Drawdowns

SIHY vs. FLRT - Drawdown Comparison

The maximum SIHY drawdown since its inception was -13.30%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for SIHY and FLRT.

Drawdown Indicators

	SIHY	FLRT	Difference
Max Drawdown Largest peak-to-trough decline	-13.30%	-20.96%	+7.66%
Max Drawdown (1Y) Largest decline over 1 year	-3.17%	-1.78%	-1.39%
Max Drawdown (3Y) Largest decline over 3 years	-5.36%	-2.87%	-2.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-7.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.96%	—
Current Drawdown Current decline from peak	-0.13%	-0.15%	+0.02%
Average Drawdown Average peak-to-trough decline	-2.78%	-1.41%	-1.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.76%	0.48%	+0.28%

Volatility

SIHY vs. FLRT - Volatility Comparison

Harbor Scientific Alpha High-Yield ETF (SIHY) has a higher volatility of 1.16% compared to Pacific Global Senior Loan ETF (FLRT) at 0.40%. This indicates that SIHY's price experiences larger fluctuations and is considered to be riskier than FLRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIHY	FLRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.16%	0.40%	+0.76%
Volatility (6M) Calculated over the trailing 6-month period	3.09%	1.19%	+1.90%
Volatility (1Y) Calculated over the trailing 1-year period	4.18%	1.57%	+2.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.58%	2.30%	+5.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.58%	6.17%	+1.41%

SIHY vs. FLRT - Expense Ratio Comparison

SIHY has a 0.48% expense ratio, which is lower than FLRT's 0.69% expense ratio.

Dividends

SIHY vs. FLRT - Dividend Comparison

SIHY's dividend yield for the trailing twelve months is around 7.26%, more than FLRT's 6.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRT Pacific Global Senior Loan ETF	6.81%	6.93%	7.93%	8.40%	5.81%	3.16%	3.52%	4.30%	3.95%	3.20%	3.38%	3.21%
SIHY Harbor Scientific Alpha High-Yield ETF	7.26%	7.61%	7.54%	7.06%	6.31%	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SIHY and FLRT in my portfolio?

SIHY and FLRT have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIHY or FLRT?

SIHY has higher volatility (1.16%) compared to FLRT (0.40%). In terms of maximum drawdown, SIHY dropped -13.30% vs FLRT's -20.96%.

Which ETF is better, SIHY or FLRT?

On 3-year performance, SIHY leads with 9.23% vs 8.90% for FLRT. On fees, SIHY is cheaper at 0.48% per year. On volatility, FLRT has been the lower-risk option at 0.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIHY or FLRT?

Over the 3-year period, SIHY has performed better with a 9.23% return vs 8.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIHY or FLRT?

SIHY is cheaper with a 0.48% expense ratio, compared with 0.69% for FLRT.

Which ETF pays a higher dividend yield, SIHY or FLRT?

SIHY has the higher dividend yield at 7.26%, compared with 6.81% for FLRT.

What is the main difference between SIHY and FLRT?

They also come from different issuers: Harbor and Pacific Life. Their fees differ too: 0.48% for SIHY and 0.69% for FLRT.

Which has better risk-adjusted returns?

FLRT currently has the higher Sharpe Ratio (3.89 vs 2.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.