TAJEX vs. SIHAX
Compare and contrast key facts about Transamerica High Yield ESG (TAJEX) and Guggenheim High Yield Fund (SIHAX).
TAJEX is managed by Transamerica. It was launched on Jul 30, 2020. SIHAX is managed by Guggenheim. It was launched on Aug 5, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TAJEX or SIHAX.
Correlation
The correlation between TAJEX and SIHAX is 0.86, 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
TAJEX vs. SIHAX - Performance Comparison
Key characteristics
TAJEX:
2.23
SIHAX:
2.91
TAJEX:
3.55
SIHAX:
5.22
TAJEX:
1.48
SIHAX:
1.69
TAJEX:
1.98
SIHAX:
5.52
TAJEX:
10.46
SIHAX:
18.43
TAJEX:
0.74%
SIHAX:
0.49%
TAJEX:
3.49%
SIHAX:
3.09%
TAJEX:
-15.47%
SIHAX:
-36.72%
TAJEX:
-0.34%
SIHAX:
-0.40%
Returns By Period
In the year-to-date period, TAJEX achieves a 1.01% return, which is significantly higher than SIHAX's 0.86% return.
TAJEX
1.01%
0.33%
2.80%
7.87%
N/A
N/A
SIHAX
0.86%
0.35%
3.23%
8.97%
3.90%
4.76%
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TAJEX vs. SIHAX - Expense Ratio Comparison
TAJEX has a 0.77% expense ratio, which is lower than SIHAX's 1.05% expense ratio.
Risk-Adjusted Performance
TAJEX vs. SIHAX — Risk-Adjusted Performance Rank
TAJEX
SIHAX
TAJEX vs. SIHAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica High Yield ESG (TAJEX) 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.
Dividends
TAJEX vs. SIHAX - Dividend Comparison
TAJEX's dividend yield for the trailing twelve months is around 6.52%, more than SIHAX's 6.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAJEX Transamerica High Yield ESG | 6.52% | 6.55% | 5.93% | 4.86% | 3.71% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIHAX Guggenheim High Yield Fund | 6.40% | 6.37% | 5.96% | 6.17% | 4.40% | 5.24% | 5.96% | 6.88% | 5.54% | 6.09% | 7.11% | 6.73% |
Drawdowns
TAJEX vs. SIHAX - Drawdown Comparison
The maximum TAJEX drawdown since its inception was -15.47%, smaller than the maximum SIHAX drawdown of -36.72%. Use the drawdown chart below to compare losses from any high point for TAJEX and SIHAX. For additional features, visit the drawdowns tool.
Volatility
TAJEX vs. SIHAX - Volatility Comparison
Transamerica High Yield ESG (TAJEX) has a higher volatility of 0.83% compared to Guggenheim High Yield Fund (SIHAX) at 0.77%. This indicates that TAJEX'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.