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Harbor Ares Systematic High Yield ETF (SIHY)

SIHYNYSE ArcaHarborB

$44.04−0.07 (−0.15%)

As of Nov 6, 2026, 2:20 PM ET

Intraday session: down, 59 prints from 44.11 to 44.04. Range 44.03 to 44.14. Use the arrow keys to read each point.44.0644.0844.1244.1410 AM12 PM2 PM4 PM
Expense ratio
0.48%
Fund size
$135M
1Y total return
+3.0%
Yield · Last 12 months
7.73%
Holdings
202
Avg volume · 30D
25.9K sh
52W range
low $43.71high $46.33
Launched
Filings
SEC EDGAR

The ETF.net SIHY Grade

B

Score 56 out of 100

Rank
46 of 85
Six-pillar profile for SIHY. Scores out of 100: Cost 40, Risk 41, Mission 88, Tradability 46, Holdings 63, Durability 52. Strongest: Mission (88). Weakest: Cost (40). Leans toward Mission.

Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C40 out of 100
    Rank 50 of 85
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A88 out of 100
    Rank 43 of 77
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 63 of 85
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 49 of 85
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B63 out of 100
    Rank 37 of 85
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 44 of 85

Our read on SIHY

ETF.net Research

In short

BMost high yield ETFs just clone the index. SIHY hands the junk bond picking to a machine: Ares Systematic Credit runs a model-driven process across roughly 300 below-investment-grade bonds, and pays monthly.

Stated mandate

The ETF commits at least 80% of its net assets, plus investment-purpose borrowings, to below-investment-grade corporate bonds or equivalent unrated securities; derivatives may represent those investments.

Why people hold it

  • Genuinely active in a mostly passive corner: a proprietary, model-based framework drives bond-by-bond selection instead of index replication.harborcapital.com
  • Tight mandate, real diversification: at least 80% of net assets in below-investment-grade corporate bonds or unrated equivalents, spread across roughly 300 positions.
  • Live since 2021 with a monthly distribution cadence, so the strategy has a multi-year record in the market rather than a backtest.
  • The portfolio has stayed closely aligned with the mandate written in its prospectus, which is not a given among active credit funds.

Worth knowing

  • Active pricing: 0.48% a year, above the 0.40% category median and many times the 0.03% and 0.05% charged by index rivals SCYB and SPHY.
  • Thinly traded and small by category standards, so bid-ask spreads can be wider and large orders can move the price.
  • High yield means default and downgrade risk, and a model-picked portfolio can diverge from the index in either direction.

SIHY Performance

Launched Sep 14, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
SIHY$10,304
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,158
Nov 3, 2025 to Nov 3, 2026. SIHY $10,304. SPY $11,158. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 3, 2025 – Nov 3, 2026

Returns run to the Nov 3, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SIHY. Periods over one year show the average yearly return.
PeriodSIHY
Year to date+1.2%
1 month+0.4%
3 months−1.2%
1 year+3.0%
3 yearsper year+7.8%
5 yearsper year+4.6%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SIHY
YearReturn barSIHY
2026 YTD+1.2%
2025+8.1%
2024+8.7%
2023+13.3%
2022−7.7%
20210.0%

History from Sep 16, 2021

SIHY in the news

SIHY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 3, 2026.
7.73%Last 12 months
Payout per share
$3.40Last 12 months
Upcoming payment
$0.26 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.26; Mar 1, 2023 $0.05; Apr 3, 2023 $0.35; May 1, 2023 $0.26; Jun 1, 2023 $0.29; Jul 3, 2023 $0.28; Aug 1, 2023 $0.26; Sep 1, 2023 $0.28; Oct 2, 2023 $0.28; Nov 1, 2023 $0.27; Dec 1, 2023 $0.28; Dec 21, 2023 $0.33; Feb 1, 2024 $0.29; Mar 1, 2024 $0.27; Apr 1, 2024 $0.30; May 1, 2024 $0.26; Jun 3, 2024 $0.32; Jul 1, 2024 $0.26; Aug 1, 2024 $0.27; Sep 3, 2024 $0.31; Oct 1, 2024 $0.26; Nov 4, 2024 $0.30; Dec 2, 2024 $0.28; Dec 20, 2024 $0.32; Feb 3, 2025 $0.26; Mar 3, 2025 $0.32; Apr 1, 2025 $0.22; May 1, 2025 $0.24; Jun 2, 2025 $0.28; Jul 1, 2025 $0.25; Aug 1, 2025 $0.27; Sep 2, 2025 $0.30; Oct 1, 2025 $0.24; Nov 4, 2025 $0.28; Dec 2, 2025 $0.26; Dec 19, 2025 $0.56; Feb 2, 2026 $0.23; Mar 2, 2026 $0.22; Apr 1, 2026 $0.24; May 1, 2026 $0.21; Jun 1, 2026 $0.23; Jul 1, 2026 $0.20; Aug 3, 2026 $0.25; Sep 1, 2026 $0.23; Oct 1, 2026 $0.21; Nov 2, 2026 $0.26. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.26
Oct 1, 2026Oct 6, 2026$0.21
Sep 1, 2026Sep 4, 2026$0.23
Aug 3, 2026Aug 6, 2026$0.25
Jul 1, 2026Jul 7, 2026$0.20
Jun 1, 2026Jun 4, 2026$0.23
May 1, 2026May 6, 2026$0.21
Apr 1, 2026Apr 7, 2026$0.24
Mar 2, 2026Mar 5, 2026$0.22
Feb 2, 2026Feb 5, 2026$0.23
Dec 19, 2025Dec 24, 2025$0.56
Dec 2, 2025Dec 5, 2025$0.26

See all 61 payments⁠

$10,000 in SIHY 5 years ago paid $3,107 in dividends.⁠

SIHY Risk

How much the fund’s monthly returns vary, scaled to a year.
5.2%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.83
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−13.3%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.68
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SIHY Cost

Overpaying vs SCYB, cheapest in US High Yield

$8,967

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SIHY 0.48%

    $9,605

  • SCYB 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • SIHY 0.48%
  • SCYB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SIHY $9,605SCYB $638

Year by year

YearSIHYSCYBOverpaying
10$865$55$810
20$3,328$216$3,112
30$9,605$638$8,967

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