SIHY vs SMTH
Harbor Ares Systematic High Yield ETF vs ALPS Smith Core Plus Bond ETF
Which is better, SIHY or SMTH?
SIHY has been ahead.
SIHY 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 | SIHY | SMTH |
|---|---|---|
| Expense Ratio | 0.48%Best | 0.59% |
| AUM | $135M | $3.6B |
| Dividend Yield | 7.16% | 4.48% |
| Holdings | 435 | 921 |
| YTD Return | +0.69%Best | -2.50% |
| 1Y Return | +2.64%Best | -2.47% |
| 3Y Return (annualized) | +8.78% | - |
| 5Y Return (annualized) | +4.46% | - |
| Volatility (annualized) | 4.4% | 4.2%Best |
| Max Drawdown | -5.4% | -4.7%Best |
| $10,000 over 2.9 years | $12,204Best | $11,089 |
| Fund Family | Harbor Funds | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Sep 14, 2021 | Dec 5, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 6, 2023 to Oct 14, 2026 (2.9 years).
SIHY vs SMTH 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 2.9 years both funds cover.
SIHY vs SMTH Performance
Harbor Ares Systematic High Yield ETF (SIHY) is an ETF from Harbor Funds and ALPS Smith Core Plus Bond ETF (SMTH) is an ETF from ALPS Advisors. Over the past year SIHY returned +2.64% while SMTH returned -2.47%. Year to date, SIHY is up 0.69% versus a loss of 2.50% for SMTH.
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 4.2% for SMTH. 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 -5.4% for SIHY and -4.7% for SMTH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SIHY charges 0.48% per year while SMTH charges 0.59%. On a $10,000 position that is $48 vs $59 annually, a gap of $11 per year that compounds over a long holding period. On income, SIHY currently yields 7.16% against 4.48% for SMTH.
Holdings Overlap
We hold position weights for 173 holdings in SIHY and 147 in SMTH, totalling 69.2% and 30.2% 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, 2 positions appear in both.
2 positions in common, counted across the 173 positions we hold weights for in SIHY and 147 in SMTH, against full books of 435 and 921.
Top Shared Holdings
| Stock | Weight in SIHY | Weight in SMTH | Difference |
|---|---|---|---|
| AMNPHA 6.875 08/01/3Amneal Pharmaceuticals L 144A W/O Rts 6.875 08/01/2032 6.875 2032-08-01 | 0.75% | 0.36% | 0.39% |
| BCULC 3.875 01/15/28Corp. Note 3.875 01/15/2028 | 0.17% | 0.29% | 0.12% |
You are not choosing between two funds in isolation.
Whichever of SIHY and SMTH 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, SIHY or SMTH?
SIHY has an expense ratio of 0.48% while SMTH charges 0.59%. SIHY is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, SIHY or SMTH?
Over the past year SIHY returned +2.64% vs -2.47% for SMTH, so SIHY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SIHY or SMTH?
SIHY has been the more volatile fund at 4.4% annualized versus 4.2% for SMTH. Worst drawdown: SIHY -5.4% vs SMTH -4.7%.
Should I hold both SIHY and SMTH?
SIHY and SMTH have a monthly-return correlation of 0.70, 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, SIHY or SMTH?
SIHY yields 7.16% while SMTH yields 4.48%, so SIHY currently pays the higher dividend yield.
Is SMTH better than SIHY?
SIHY 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.