TAHTX vs. SIHAX

Last updated Jun 24, 2026

TAHTX (Transamerica High Yield Bond) and SIHAX (Guggenheim High Yield Fund) are both High Yield Bonds funds. Over the past 10 years, TAHTX returned 4.33%/yr vs 4.65%/yr for SIHAX. A 0.74 correlation means they provide meaningful diversification when combined. TAHTX charges 0.58%/yr vs 1.05%/yr for SIHAX.

Performance

TAHTX vs. SIHAX - Performance Comparison

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

Returns By Period

In the year-to-date period, TAHTX achieves a 1.09% return, which is significantly higher than SIHAX's 0.70% return. Over the past 10 years, TAHTX has underperformed SIHAX with an annualized return of 4.33%, while SIHAX has yielded a comparatively higher 4.65% annualized return.

TAHTX

• 1D: -0.12%
• 1M: 0.69%
• YTD: 1.09%
• 6M: 1.96%
• 1Y: 6.97%
• 3Y*: 8.07%
• 5Y*: 2.89%
• 10Y*: 4.33%

SIHAX

• 1D: -0.10%
• 1M: 0.93%
• YTD: 0.70%
• 6M: 1.33%
• 1Y: 4.54%
• 3Y*: 7.19%
• 5Y*: 3.18%
• 10Y*: 4.65%

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

TAHTX vs. SIHAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TAHTX Transamerica High Yield Bond	1.09%	8.73%	7.83%	9.14%	-13.10%	6.22%	3.66%	14.12%	-2.36%	5.98%
SIHAX Guggenheim High Yield Fund	0.70%	6.84%	6.93%	10.74%	-10.51%	4.36%	4.55%	11.26%	-3.17%	6.91%

Correlation

The correlation between TAHTX and SIHAX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.74

The correlation between TAHTX and SIHAX shifts across timeframes, from 0.74 (all time) to 0.89 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TAHTX vs. SIHAX — Risk / Return Rank

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

TAHTX

TAHTX Risk / Return Rank: 67
TAHTX Sharpe Ratio Rank: 55
TAHTX Sortino Ratio Rank: 82
TAHTX Omega Ratio Rank: 74
TAHTX Calmar Ratio Rank: 50
TAHTX Martin Ratio Rank: 74

SIHAX

SIHAX Risk / Return Rank: 37
SIHAX Sharpe Ratio Rank: 32
SIHAX Sortino Ratio Rank: 47
SIHAX Omega Ratio Rank: 45
SIHAX Calmar Ratio Rank: 24
SIHAX Martin Ratio Rank: 38

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.

TAHTX vs. SIHAX - Risk-Adjusted Trends Comparison

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

	TAHTX	SIHAX	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.50	+0.52
Sortino ratio: Return per unit of downside risk	3.57	2.66	+0.91
Omega ratio: Gain probability vs. loss probability	1.44	1.33	+0.11
Calmar ratio: Return relative to maximum drawdown	2.61	1.67	+0.93
Martin ratio: Return relative to average drawdown	13.17	7.95	+5.22

TAHTX vs. SIHAX - Sharpe Ratio Comparison

The current TAHTX Sharpe Ratio is 2.02, which is higher than the SIHAX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of TAHTX and SIHAX, 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

TAHTX vs. SIHAX - Drawdown Comparison

The maximum TAHTX drawdown since its inception was -23.40%, smaller than the maximum SIHAX drawdown of -36.72%. Use the drawdown chart below to compare losses from any high point for TAHTX and SIHAX.

Drawdown Indicators

	TAHTX	SIHAX	Difference
Max Drawdown Largest peak-to-trough decline	-23.40%	-36.72%	+13.32%
Max Drawdown (1Y) Largest decline over 1 year	-2.79%	-2.86%	+0.07%
Max Drawdown (3Y) Largest decline over 3 years	-4.41%	-3.40%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-16.57%	-13.95%	-2.62%
Max Drawdown (10Y) Largest decline over 10 years	-23.40%	-19.31%	-4.09%
Current Drawdown Current decline from peak	-0.37%	-0.20%	-0.17%
Average Drawdown Average peak-to-trough decline	-4.92%	-2.62%	-2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	0.60%	-0.05%

Volatility

TAHTX vs. SIHAX - Volatility Comparison

Transamerica High Yield Bond (TAHTX) has a higher volatility of 0.95% compared to Guggenheim High Yield Fund (SIHAX) at 0.85%. This indicates that TAHTX's price experiences larger fluctuations and is considered to be riskier than SIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TAHTX	SIHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.95%	0.85%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	2.82%	2.54%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	3.60%	3.20%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.13%	4.39%	+0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.04%	4.60%	+1.44%

TAHTX vs. SIHAX - Expense Ratio Comparison

TAHTX has a 0.58% expense ratio, which is lower than SIHAX's 1.05% expense ratio.

Dividends

TAHTX vs. SIHAX - Dividend Comparison

TAHTX's dividend yield for the trailing twelve months is around 7.03%, more than SIHAX's 6.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIHAX Guggenheim High Yield Fund	6.33%	6.39%	5.45%	4.91%	4.75%	3.70%	4.79%	5.44%	6.86%	5.53%	6.09%	7.53%
TAHTX Transamerica High Yield Bond	7.03%	6.94%	6.60%	4.20%	3.74%	4.59%	4.67%	5.57%	6.30%	4.43%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TAHTX and SIHAX in my portfolio?

TAHTX and SIHAX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TAHTX or SIHAX?

TAHTX has higher volatility (0.95%) compared to SIHAX (0.85%). In terms of maximum drawdown, TAHTX dropped -23.40% vs SIHAX's -36.72%.

Which has better risk-adjusted returns?

TAHTX currently has the higher Sharpe Ratio (2.02 vs 1.50), 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.