CPLS vs SIHY
AB Core Plus Bond ETF vs Harbor Ares Systematic High Yield ETF
Which is better, CPLS or SIHY?
SIHY has been ahead.
CPLS has a lower expense ratio. SIHY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CPLS | SIHY |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.48% |
| AUM | $200M | $135M |
| Dividend Yield | 4.87% | 7.16% |
| Holdings | 818 | 435 |
| YTD Return | -2.78% | +0.69%Best |
| 1Y Return | -2.71% | +2.64%Best |
| 3Y Return (annualized) | - | +8.78% |
| 5Y Return (annualized) | - | +4.46% |
| Volatility (annualized) | 4.5% | 4.4%Best |
| Max Drawdown | -4.7%Best | -5.4% |
| $10,000 over 2.8 years | $10,739 | $11,944Best |
| Fund Family | AllianceBernstein L.P. | Harbor Funds |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Dec 13, 2023 | Sep 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Oct 14, 2026 (2.8 years).
CPLS vs SIHY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
CPLS vs SIHY Performance
AB Core Plus Bond ETF (CPLS) is an ETF from AllianceBernstein L.P. and Harbor Ares Systematic High Yield ETF (SIHY) is an ETF from Harbor Funds. Over the past year CPLS returned -2.71% while SIHY returned +2.64%. Year to date, CPLS is down 2.78% versus a gain of 0.69% for SIHY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPLS has been the more volatile fund, with annualized monthly volatility of 4.5% compared with 4.4% for SIHY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.7% for CPLS and -5.4% for SIHY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CPLS charges 0.30% per year while SIHY charges 0.48%. On a $10,000 position that is $30 vs $48 annually, a gap of $18 per year that compounds over a long holding period. On income, CPLS currently yields 4.87% against 7.16% for SIHY.
Holdings Overlap
We hold position weights for 382 holdings in CPLS and 173 in SIHY, totalling 66.6% and 69.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 4 positions appear in both.
4 positions in common, counted across the 382 positions we hold weights for in CPLS and 173 in SIHY, against full books of 818 and 435.
Top Shared Holdings
| Stock | Weight in CPLS | Weight in SIHY | Difference |
|---|---|---|---|
| IEP 9 06/15/30Icahn Enterprises Lp / Icahn Enter 9% Jun 15, 2030 | 0.22% | 0.58% | 0.36% |
| JBLU 9.875 09/20/31 | 0.20% | 0.57% | 0.37% |
| IEP 4.375 02/01/29Icahn Enterprises Lp / Icahn Enterprises Finance Corp 4.38% 01Feb2029 | 0.22% | 0.16% | 0.06% |
| GT 5.25 07/15/31Goodyear Tire & Rubber, 5.25% 15jul2031, USD | 0.02% | 0.11% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of CPLS and SIHY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CPLS or SIHY?
CPLS has an expense ratio of 0.30% while SIHY charges 0.48%. CPLS is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, CPLS or SIHY?
Over the past year CPLS returned -2.71% vs +2.64% for SIHY, so SIHY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPLS or SIHY?
CPLS has been the more volatile fund at 4.5% annualized versus 4.4% for SIHY. Worst drawdown: CPLS -4.7% vs SIHY -5.4%.
Should I hold both CPLS and SIHY?
CPLS and SIHY have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CPLS or SIHY?
CPLS yields 4.87% while SIHY yields 7.16%, so SIHY currently pays the higher dividend yield.
Is SIHY better than CPLS?
CPLS has a lower expense ratio. SIHY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.