Harbor Ares Systematic High Yield ETF (SIHY)
$44.06−0.15 (−0.34%)
- 0.48%
- $135M
- +4.0%
- 7.08%
- 0M sh
- $44.25
- low $43.71high $46.53
The ETF.net SIHY Grade
B
Score 57 out of 100
- 43 of 85
Score 57 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.C41 out of 100Rank 50 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 41 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 57 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 39 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 35 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 44 of 85
Our read on SIHY
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.
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 Holdings
- Bonds
- 204
- 13%
- Victoria's Secret & Co 4.63% 07/15/2029
Geography
- United States88.26%
- Canada6.57%
- Japan1.40%
- Singapore1.35%
- Ireland0.81%
- United Kingdom0.66%
- Italy0.51%
- Netherlands0.45%
SIHY Performance
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$10,401
Returns run to the Oct 12, 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.
| Period | SIHY |
|---|---|
| Year to date | +1.2% |
| 1 month | −1.2% |
| 3 months | −1.4% |
| 1 year | +4.0% |
| 3 years | +8.9% |
| 5 years | +4.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SIHY |
|---|---|---|
| 2026 YTD | +1.2% | |
| 2025 | +8.1% | |
| 2024 | +8.7% | |
| 2023 | +13.3% | |
| 2022 | −7.7% | |
| 2021 | 0.0% |
SIHY in the news
SIHY Dividends
- 7.08%
- $3.13
- $0.21 per share
- Monthly
Distribution history
SIHY Risk
- 5.2%
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.
- 0.74
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.
- −13.3%
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.
- 0.68
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SIHY Cost
0.48%
SIHY0.48%
- The middle half of US High Yield funds
- Median 0.43%
49 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- BJHHYJohn Hancock Investments - High Yield ETFExpense ratio 0.52%1 year return +2.8%
- BHYSDColumbia Short Duration High Yield ETFExpense ratio 0.44%1 year return +3.2%
- BXCCCBondBloxx CCC Rated USD High Yield Corporate Bond ETFExpense ratio 0.40%1 year return −2.7%
- BBRHYiShares High Yield Active ETFExpense ratio 0.45%1 year return +3.3%
- BVSHYVirtus Newfleet Short Duration High Yield Bond ETFExpense ratio 0.39%1 year return +4.1%