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Harbor ETF Trust - Harbor Scientific Alpha High Yield ETF (SIHY)

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Upturn Advisory Summary
10/24/2025: SIHY (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type ETF | Historic Profit 13.59% | Avg. Invested days 68 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | ETF Returns Performance |
Key Highlights
Volume (30-day avg) - | Beta 0.78 | 52 Weeks Range 41.89 - 45.99 | Updated Date 06/29/2025 |
52 Weeks Range 41.89 - 45.99 | Updated Date 06/29/2025 |
Upturn AI SWOT
Harbor ETF Trust - Harbor Scientific Alpha High Yield ETF
ETF Overview
Overview
The Harbor Scientific Alpha High Yield ETF (HHYD) seeks to provide current income. It employs a quantitative, rules-based approach to invest in a diversified portfolio of high yield corporate bonds. The fund aims to outperform a broad high yield benchmark.
Reputation and Reliability
Harbor Capital Advisors is an established investment management firm with a history of providing investment solutions. Their reliability is based on their adherence to investment strategies and regulatory compliance.
Management Expertise
Harbor Capital Advisors has a team of experienced portfolio managers and analysts specializing in fixed income and quantitative strategies.
Investment Objective
Goal
To provide current income by investing in a portfolio of high yield corporate bonds.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index but uses a proprietary quantitative model to select high-yield bonds.
Composition The ETF primarily holds high-yield corporate bonds across various sectors and credit qualities within the high-yield spectrum.
Market Position
Market Share: HHYD's market share within the high-yield bond ETF market is relatively small compared to larger competitors.
Total Net Assets (AUM): 28746921
Competitors
Key Competitors
- SPDR Portfolio High Yield Bond ETF (SPHY)
- iShares iBoxx High Yield Corporate Bond ETF (HYG)
- VanEck High Yield Muni ETF (HYD)
Competitive Landscape
The high-yield bond ETF market is competitive, dominated by larger, more established ETFs like HYG and SPHY. HHYD's advantage lies in its quantitative approach, but it faces challenges in attracting assets due to its smaller size and shorter track record. Larger funds benefit from greater liquidity and brand recognition.
Financial Performance
Historical Performance: Historical performance data not readily available in specified format for this request
Benchmark Comparison: Benchmark comparison not readily available in specified format for this request
Expense Ratio: 0.35
Liquidity
Average Trading Volume
The average trading volume for HHYD is relatively moderate, affecting ease of trading.
Bid-Ask Spread
The bid-ask spread can vary but is generally competitive, though wider than more liquid ETFs.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and credit spreads heavily influence the performance of HHYD, as they impact the high-yield bond market.
Growth Trajectory
Growth trajectory data not readily available in specified format for this request. HHYD's growth depends on its ability to generate competitive returns and attract investor interest.
Moat and Competitive Advantages
Competitive Edge
HHYD's competitive advantage stems from its proprietary quantitative model, which aims to identify undervalued high-yield bonds. This systematic approach potentially offers a differentiated source of alpha compared to passively managed high-yield ETFs. However, the fund's success relies on the effectiveness of the model in various market conditions. The fund also benefits from a low expense ratio compared to similar ETFs.
Risk Analysis
Volatility
HHYD's volatility is inherent to high-yield bonds, which are generally more volatile than investment-grade bonds.
Market Risk
HHYD is exposed to credit risk, interest rate risk, and liquidity risk inherent in the high-yield bond market. Downgrades in credit ratings or rising interest rates can negatively impact the ETF's value.
Investor Profile
Ideal Investor Profile
The ideal investor for HHYD is one seeking current income and is comfortable with the higher risk associated with high-yield bonds.
Market Risk
HHYD is more suitable for long-term investors willing to accept moderate to higher risk for potentially higher yields, rather than short-term active traders.
Summary
The Harbor Scientific Alpha High Yield ETF offers exposure to high-yield corporate bonds through a quantitative investment approach. It aims to generate current income while managing risk within the high-yield space. Its competitive edge lies in its proprietary model, but it competes against larger, more liquid ETFs. The fund is suitable for investors seeking income and comfortable with the inherent risks of high-yield bonds. Overall, HHYD offers an interesting alternative in the high-yield ETF market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Harbor Capital Advisors Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Harbor ETF Trust - Harbor Scientific Alpha High Yield ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in a portfolio of below investment-grade corporate bonds, commonly referred to as "high yield" or "junk" bonds, or unrated securities that BlueCove Limited considers to be of an equivalent credit quality, which may be represented by derivative instruments, including futures and swaps. The fund invests primarily in U.S. dollar denominated securities, including those of foreign issuers.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
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