SIHY vs. HYGH
Compare and contrast key facts about Harbor Scientific Alpha High-Yield ETF (SIHY) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH).
SIHY and HYGH 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. HYGH is an actively managed fund by iShares. It was launched on May 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIHY or HYGH.
Correlation
The correlation between SIHY and HYGH is 0.77, 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
SIHY vs. HYGH - Performance Comparison
Key characteristics
SIHY:
2.27
HYGH:
2.60
SIHY:
3.35
HYGH:
3.62
SIHY:
1.42
HYGH:
1.60
SIHY:
5.08
HYGH:
3.07
SIHY:
16.51
HYGH:
24.96
SIHY:
0.64%
HYGH:
0.46%
SIHY:
4.66%
HYGH:
4.41%
SIHY:
-13.30%
HYGH:
-23.88%
SIHY:
-0.28%
HYGH:
0.00%
Returns By Period
In the year-to-date period, SIHY achieves a 1.46% return, which is significantly lower than HYGH's 1.70% return.
SIHY
1.46%
0.87%
3.79%
9.90%
N/A
N/A
HYGH
1.70%
1.04%
6.68%
11.09%
5.96%
5.07%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SIHY vs. HYGH - Expense Ratio Comparison
SIHY has a 0.48% expense ratio, which is lower than HYGH's 0.53% expense ratio.
Risk-Adjusted Performance
SIHY vs. HYGH — Risk-Adjusted Performance Rank
SIHY
HYGH
SIHY vs. HYGH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Scientific Alpha High-Yield ETF (SIHY) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). 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. HYGH - Dividend Comparison
SIHY's dividend yield for the trailing twelve months is around 7.43%, less than HYGH's 7.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIHY Harbor Scientific Alpha High-Yield ETF | 7.43% | 7.54% | 7.06% | 6.32% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYGH iShares Interest Rate Hedged High Yield Bond ETF | 7.69% | 7.85% | 8.95% | 6.21% | 3.74% | 4.06% | 4.89% | 6.45% | 4.79% | 4.59% | 5.74% | 3.62% |
Drawdowns
SIHY vs. HYGH - Drawdown Comparison
The maximum SIHY drawdown since its inception was -13.30%, smaller than the maximum HYGH drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for SIHY and HYGH. For additional features, visit the drawdowns tool.
Volatility
SIHY vs. HYGH - Volatility Comparison
Harbor Scientific Alpha High-Yield ETF (SIHY) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH) have volatilities of 1.24% and 1.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.