SYFI vs. SIBAX

Last updated Jun 23, 2026

SYFI (AB Short Duration High Yield ETF) and SIBAX (SIT Balanced Fund) are both funds - SYFI is a High Yield Bonds fund actively managed by AllianceBernstein, while SIBAX is a Diversified Portfolio fund managed by Sit. Over the past year, SYFI returned 6.18% vs 16.72% for SIBAX. A 0.66 correlation means they provide meaningful diversification when combined. SYFI charges 0.40%/yr vs 0.91%/yr for SIBAX.

Performance

SYFI vs. SIBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Short Duration High Yield ETF (SYFI) and SIT Balanced Fund (SIBAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYFI achieves a 1.86% return, which is significantly lower than SIBAX's 3.33% return.

SYFI

• 1D: 0.00%
• 1M: 0.41%
• YTD: 1.86%
• 6M: 2.16%
• 1Y: 6.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIBAX

• 1D: 0.85%
• 1M: -0.25%
• YTD: 3.33%
• 6M: 3.47%
• 1Y: 16.72%
• 3Y*: 14.69%
• 5Y*: 7.99%
• 10Y*: 10.53%

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

SYFI vs. SIBAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SYFI AB Short Duration High Yield ETF	1.86%	7.19%	5.12%
SIBAX SIT Balanced Fund	3.33%	13.57%	8.96%

Correlation

The correlation between SYFI and SIBAX is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jun 10, 2024	0.66

The correlation between SYFI and SIBAX has been stable across timeframes, ranging from 0.66 to 0.69 - a consistent structural relationship.

Return for Risk

SYFI vs. SIBAX — Risk / Return Rank

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

SYFI

SYFI Risk / Return Rank: 66
SYFI Sharpe Ratio Rank: 59
SYFI Sortino Ratio Rank: 65
SYFI Omega Ratio Rank: 63
SYFI Calmar Ratio Rank: 66
SYFI Martin Ratio Rank: 78

SIBAX

SIBAX Risk / Return Rank: 36
SIBAX Sharpe Ratio Rank: 38
SIBAX Sortino Ratio Rank: 37
SIBAX Omega Ratio Rank: 37
SIBAX Calmar Ratio Rank: 30
SIBAX Martin Ratio Rank: 36

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.

SYFI vs. SIBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Short Duration High Yield ETF (SYFI) and SIT Balanced Fund (SIBAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SYFI	SIBAX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.67	+0.25
Sortino ratio: Return per unit of downside risk	2.89	2.37	+0.52
Omega ratio: Gain probability vs. loss probability	1.37	1.30	+0.07
Calmar ratio: Return relative to maximum drawdown	3.19	1.93	+1.27
Martin ratio: Return relative to average drawdown	14.54	7.61	+6.93

SYFI vs. SIBAX - Sharpe Ratio Comparison

The current SYFI Sharpe Ratio is 1.92, which is comparable to the SIBAX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of SYFI and SIBAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SYFI vs. SIBAX - Drawdown Comparison

The maximum SYFI drawdown since its inception was -4.49%, smaller than the maximum SIBAX drawdown of -40.93%. Use the drawdown chart below to compare losses from any high point for SYFI and SIBAX.

Drawdown Indicators

	SYFI	SIBAX	Difference
Max Drawdown Largest peak-to-trough decline	-4.49%	-40.93%	+36.44%
Max Drawdown (1Y) Largest decline over 1 year	-1.94%	-8.51%	+6.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-0.13%	-2.00%	+1.87%
Average Drawdown Average peak-to-trough decline	-0.35%	-7.74%	+7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.43%	2.15%	-1.72%

Volatility

SYFI vs. SIBAX - Volatility Comparison

The current volatility for AB Short Duration High Yield ETF (SYFI) is 0.83%, while SIT Balanced Fund (SIBAX) has a volatility of 3.56%. This indicates that SYFI experiences smaller price fluctuations and is considered to be less risky than SIBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYFI	SIBAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.83%	3.56%	-2.73%
Volatility (6M) Calculated over the trailing 6-month period	2.49%	7.76%	-5.27%
Volatility (1Y) Calculated over the trailing 1-year period	3.23%	9.82%	-6.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.21%	12.55%	-8.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.21%	12.26%	-8.05%

SYFI vs. SIBAX - Expense Ratio Comparison

SYFI has a 0.40% expense ratio, which is lower than SIBAX's 0.91% expense ratio.

Dividends

SYFI vs. SIBAX - Dividend Comparison

SYFI's dividend yield for the trailing twelve months is around 6.11%, more than SIBAX's 3.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIBAX SIT Balanced Fund	3.25%	3.39%	2.46%	1.36%	4.93%	4.02%	1.55%	6.37%	2.05%	5.20%	1.62%	6.53%
SYFI AB Short Duration High Yield ETF	6.11%	6.20%	3.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SYFI and SIBAX in my portfolio?

SYFI and SIBAX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SYFI or SIBAX?

SIBAX has higher volatility (3.56%) compared to SYFI (0.83%). In terms of maximum drawdown, SYFI dropped -4.49% vs SIBAX's -40.93%.

Which has better risk-adjusted returns?

SYFI currently has the higher Sharpe Ratio (1.92 vs 1.67), 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.