IVV vs SIHY
iShares Core S&P 500 ETF vs Harbor Ares Systematic High Yield ETF
Which is better, IVV or SIHY?
Large Cap Blend against High Yield Bond.
IVV has a lower expense ratio. IVV led over 1Y, 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 | IVV | SIHY |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.48% |
| AUM | $876.4B | $149M |
| Dividend Yield | 1.06% | 7.10% |
| Holdings | 508 | 233 |
| YTD Return | +12.27%Best | +2.62% |
| 1Y Return | +17.04%Best | +4.39% |
| 3Y Return (annualized) | +21.24%Best | +8.78% |
| 5Y Return (annualized) | +13.08%Best | +4.77% |
| Volatility (annualized) | 15.7% | 7.2%Best |
| Max Drawdown | -24.5% | -13.3%Best |
| $10,000 over 5 years | $18,490Best | $12,624 |
| Fund Family | iShares by BlackRock (US) | Harbor Funds |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | High Yield Bond |
| Inception | May 15, 2000 | 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 Sep 17, 2026 (5 years).
IVV 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 years both funds cover.
IVV vs SIHY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Harbor Ares Systematic High Yield ETF (SIHY) is an ETF from Harbor Funds. Over the past year IVV returned +17.04% while SIHY returned +4.39%. Year to date, IVV is up 12.27% versus a gain of 2.62% for SIHY.
Over three years, IVV compounded at +21.24% per year against +8.78% for SIHY; over five years the annualized figures are +13.08% and +4.77% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 7.2% 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 -24.5% for IVV 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SIHY charges 0.48%. On a $10,000 position that is $3 vs $48 annually, a gap of $45 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 7.10% for SIHY.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 166 in SIHY, totalling 99.3% and 69.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 166 in SIHY, against full books of 508 and 233.
You are not choosing between two funds in isolation.
Whichever of IVV 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, IVV or SIHY?
IVV has an expense ratio of 0.03% while SIHY charges 0.48%. IVV is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, IVV or SIHY?
Over the past year IVV returned +17.04% vs +4.39% for SIHY, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SIHY?
IVV has been the more volatile fund at 15.7% annualized versus 7.2% for SIHY. Worst drawdown: IVV -24.5% vs SIHY -13.3%.
Should I hold both IVV and SIHY?
IVV and SIHY have a monthly-return correlation of 0.83, 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, IVV or SIHY?
IVV yields 1.06% while SIHY yields 7.10%, so SIHY currently pays the higher dividend yield.
Is SIHY better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.