RSF vs SIHY
RiverNorth Capital and Income Fund, Inc. vs Harbor Ares Systematic High Yield ETF
Which is better, RSF or SIHY?
Each has led over a different period.
SIHY has a lower expense ratio. RSF led over 1Y, SIHY over 3Y, 5Y 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 | RSF | SIHY |
|---|---|---|
| Expense Ratio | 5.25% | 0.48%Best |
| AUM | $49M | $135M |
| Dividend Yield | 11.07% | 7.16% |
| Holdings | 9,552 | 435 |
| YTD Return | +7.42%Best | +0.69% |
| 1Y Return | +7.39%Best | +2.64% |
| 3Y Return (annualized) | +8.18% | +8.78%Best |
| 5Y Return (annualized) | +3.68% | +4.46%Best |
| Volatility (annualized) | 6.0%Best | 7.3% |
| Max Drawdown | -13.1%Best | -13.3% |
| $10,000 over 5 years | $11,980 | $12,438Best |
| Fund Family | RiverNorth | Harbor Funds |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Sep 22, 2016 | Sep 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Oct 14, 2026 (5.1 years).
RSF 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 5.1 years both funds cover.
RSF vs SIHY Performance
RiverNorth Capital and Income Fund, Inc. (RSF) is an ETF from RiverNorth and Harbor Ares Systematic High Yield ETF (SIHY) is an ETF from Harbor Funds. Over the past year RSF returned +7.39% while SIHY returned +2.64%. Year to date, RSF is up 7.42% versus a gain of 0.69% for SIHY.
Over three years, RSF compounded at +8.18% per year against +8.78% for SIHY; over five years the annualized figures are +3.68% and +4.46% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIHY has been the more volatile fund, with annualized monthly volatility of 7.3% compared with 6.0% for RSF. 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 -13.1% for RSF and -13.3% 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 0.25. They move largely independently of each other.
Fees and Cost Over Time
RSF charges 5.25% per year while SIHY charges 0.48%. On a $10,000 position that is $525 vs $48 annually, a gap of $477 per year that compounds over a long holding period. On income, RSF currently yields 11.07% against 7.16% for SIHY.
Holdings Overlap
We hold position weights for 15 holdings in RSF and 173 in SIHY, totalling 5.8% and 69.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 95 days apart, RSF as of Jun 30, 2026 and SIHY as of Oct 3, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 15 positions we hold weights for in RSF and 173 in SIHY, against full books of 9,552 and 435.
You are not choosing between two funds in isolation.
Whichever of RSF 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, RSF or SIHY?
RSF has an expense ratio of 5.25% while SIHY charges 0.48%. SIHY is the cheaper option, by $477 a year on a $10,000 investment.
Which performed better, RSF or SIHY?
Over the past year RSF returned +7.39% vs +2.64% for SIHY, so RSF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSF or SIHY?
SIHY has been the more volatile fund at 7.3% annualized versus 6.0% for RSF. Worst drawdown: RSF -13.1% vs SIHY -13.3%.
Should I hold both RSF and SIHY?
RSF and SIHY have a monthly-return correlation of 0.25, 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, RSF or SIHY?
RSF yields 11.07% while SIHY yields 7.16%, so RSF currently pays the higher dividend yield.
Is SIHY better than RSF?
SIHY has a lower expense ratio. RSF led over 1Y, SIHY over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.