IVV vs SIHY
IVV vs SIHY
iShares Core S&P 500 ETF vs Harbor Ares Systematic High Yield ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SIHY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.48% | |
| AUM | $865.2B | $149M | |
| Dividend Yield | 1.09% | 7.22% | |
| Holdings | 508 | 247 | |
| YTD Return | +13.31% | +2.15% | |
| 1Y Return | +24.00% | +5.73% | |
| 3Y Return (annualized) | +21.16% | +8.83% | |
| 5Y Return (annualized) | +13.34% | +4.77% | |
| Volatility (annualized) | 15.1% | 7.3% | |
| Max Drawdown | -56.5% | -13.3% | |
| Fund Family | iShares by BlackRock (US) | Harbor Funds | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Sep 14, 2021 |
IVV vs SIHY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Harbor Ares Systematic High Yield ETF (SIHY) is a ETF from Harbor Funds. Over the past year IVV returned +24.00% while SIHY returned +5.73%. Year to date, IVV is up 13.31% versus a gain of 2.15% for SIHY.
Over three years, IVV compounded at +21.16% per year against +8.83% for SIHY; over five years the annualized figures are +13.34% and +4.77% respectively. Across the full 5-year window we track, IVV has the edge at +7.03% annualized vs +4.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 7.3% 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 -56.5% for IVV and -13.3% for SIHY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 1.09% against 7.22% for SIHY.
Holdings Overlap
IVV and SIHY share 0 holdings out of 721 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $45 per year of difference.
Which performed better, IVV or SIHY?
Over the past year IVV returned +24.00% vs +5.73% for SIHY, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.03% vs +4.77% for SIHY. Past performance does not guarantee future results.
Which is riskier, IVV or SIHY?
IVV has been the more volatile fund at 15.1% annualized versus 7.3% for SIHY. Worst drawdown: IVV -56.5% vs SIHY -13.3%.
Should I hold both IVV and SIHY?
IVV and SIHY have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SIHY?
IVV and SIHY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 721 unique securities.
Which pays a higher dividend, IVV or SIHY?
IVV yields 1.09% while SIHY yields 7.22%, so SIHY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.