JHHY vs SIHY
John Hancock High Yield ETF vs Harbor Ares Systematic High Yield ETF
Which is better, JHHY or SIHY?
SIHY has been ahead.
SIHY has a lower expense ratio. SIHY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94.
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 | JHHY | SIHY |
|---|---|---|
| Expense Ratio | 0.52% | 0.48%Best |
| AUM | $133M | $135M |
| Dividend Yield | 7.19% | 7.16% |
| Holdings | 561 | 435 |
| YTD Return | -0.35% | +0.69%Best |
| 1Y Return | +1.35% | +2.64%Best |
| 3Y Return (annualized) | - | +8.78% |
| 5Y Return (annualized) | - | +4.46% |
| Volatility (annualized) | 3.9%Best | 4.4% |
| Max Drawdown | -5.0%Best | -5.4% |
| $10,000 over 2.5 years | $11,669 | $11,752Best |
| Fund Family | John Hancock Investment Management | Harbor Funds |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | May 1, 2024 | Sep 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: May 2, 2024 to Oct 14, 2026 (2.5 years).
JHHY 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 2.5 years both funds cover.
JHHY vs SIHY Performance
John Hancock High Yield ETF (JHHY) is an ETF from John Hancock Investment Management and Harbor Ares Systematic High Yield ETF (SIHY) is an ETF from Harbor Funds. Over the past year JHHY returned +1.35% while SIHY returned +2.64%. Year to date, JHHY is down 0.35% versus a gain of 0.69% for SIHY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIHY has been the more volatile fund, with annualized monthly volatility of 4.4% compared with 3.9% for JHHY. 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 -5.0% for JHHY 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHHY charges 0.52% per year while SIHY charges 0.48%. On a $10,000 position that is $52 vs $48 annually, a gap of $4 per year that compounds over a long holding period. On income, JHHY currently yields 7.19% against 7.16% for SIHY.
Holdings Overlap
We hold position weights for 409 holdings in JHHY and 173 in SIHY, totalling 62.7% 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, 53 positions appear in both.
53 positions in common, counted across the 409 positions we hold weights for in JHHY and 173 in SIHY, against full books of 561 and 435.
Top Shared Holdings
| Stock | Weight in JHHY | Weight in SIHY | Difference |
|---|---|---|---|
| CVNA 9 06/01/31 144ACarvana Co 14% 06/01/31 | 0.22% | 1.25% | 1.03% |
| HNDLIN 4.75 01/30/30Novelis Corp. 4.75% 01/30/2030 | 0.20% | 1.21% | 1.01% |
| DVA 3.75 02/15/31 14Davita Inc | 0.18% | 1.06% | 0.88% |
| VSCO 4.625 07/15/29 | 0.05% | 1.17% | 1.12% |
| TTMI 4 03/01/29 144ATtm Technologies I 4% 03/01/29 | 0.12% | 1.08% | 0.96% |
| CACC 6.625 03/15/30Credit Acceptance Corp 6.625% 03/15/2030 | 0.12% | 1.01% | 0.89% |
| PKOH 8.5 08/01/30 14Park-Ohio Indust 8.5% 08/01/30 8.5 2030-08-01 | 0.03% | 1.03% | 1.00% |
| BRBR 7 03/15/30 144ABellring Brands Inc 144A 7.000000% 03/15/2030 | 0.07% | 0.87% | 0.80% |
| GTX 7.75 05/31/32 14Garrett Motion Hld/Sarl 7.75% 31May2032 | 0.10% | 0.78% | 0.68% |
| CMPR 7.375 09/15/32 | 0.24% | 0.63% | 0.39% |
You are not choosing between two funds in isolation.
Whichever of JHHY 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, JHHY or SIHY?
JHHY has an expense ratio of 0.52% while SIHY charges 0.48%. SIHY is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, JHHY or SIHY?
Over the past year JHHY returned +1.35% 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, JHHY or SIHY?
SIHY has been the more volatile fund at 4.4% annualized versus 3.9% for JHHY. Worst drawdown: JHHY -5.0% vs SIHY -5.4%.
Should I hold both JHHY and SIHY?
JHHY and SIHY have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, JHHY or SIHY?
JHHY yields 7.19% while SIHY yields 7.16%, so JHHY currently pays the higher dividend yield.
Is SIHY better than JHHY?
SIHY has a lower expense ratio. SIHY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.