AB High Income Fund (AGDAX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AGDAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AGDAX
AGDAX charges 0.84% annually. There are 97 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | AGDAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | AGDAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | AGDAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | AGDAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | AGDAX vs CRDOX |
Best Risk-Adjusted Alternatives to AGDAX
AGDAX has a PortfoliosLab risk / return rank of 68. There are 96 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | AGDAX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | AGDAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | AGDAX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | AGDAX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | AGDAX vs PSHNX |
Top Performing AGDAX Alternatives (YTD)
AGDAX is at 1.45% YTD. There are 83 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.04% | — | Dec 2014 | AGDAX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | AGDAX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | AGDAX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | AGDAX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | AGDAX vs FIQTX |
Lowest Volatility Alternatives to AGDAX
AGDAX has 3.34% 1-year volatility. There are 102 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.83% | — | Sep 2010 | AGDAX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | AGDAX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | AGDAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | AGDAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | AGDAX vs OSTIX |
Lowest Drawdown Alternatives to AGDAX
AGDAX has a 1-year max drawdown of -2.76%. There are 144 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | AGDAX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | AGDAX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | AGDAX vs CCLFX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | AGDAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | AGDAX vs SCFIX |
Other Mutual Funds from AllianceBernstein
The 10 most viewed AllianceBernstein mutual funds shown here include APGAX, APGYX, APGZX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AB Large Cap Growth Fund Class A | Large Cap Growth Equities | 9 | 0.70% | — | Oct 1996 | AGDAX vs APGAX | |
| AB Large Cap Growth Fund Advisor Class | Large Cap Growth Equities | 9 | 0.84% | — | Jan 1996 | AGDAX vs APGYX | |
| AB Large Cap Growth Fund Class Z | Large Cap Growth Equities | 9 | 0.90% | — | Jul 2015 | AGDAX vs APGZX | |
| AB Growth Fund | Large Cap Growth Equities | 9 | 2.84% | — | Sep 1990 | AGDAX vs AGRFX | |
| AB Municipal Income Shares | High Yield Muni | 81 | 0.89% | — | Aug 2010 | AGDAX vs MISHX | |
| AB Sustainable Global Thematic Fund | Global Equities | 5 | 1.49% | — | Feb 1982 | AGDAX vs ALTFX | |
| AB Income Fund | Intermediate Core-Plus Bond | 21 | -0.55% | — | Aug 1987 | AGDAX vs ACGYX | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 2 | -1.80% | — | Jul 1993 | AGDAX vs AWF | |
| AB Small Cap Growth Portfolio | Small Cap Growth Equities | 26 | 14.37% | — | Feb 1969 | AGDAX vs QUASX | |
| AB High Income Municipal Portfolio | High Yield Muni | 74 | 0.73% | — | Jan 2010 | AGDAX vs ABTYX |
Often Compared With AGDAX
Investors most often compare AGDAX with FNWFX, JEPI, SCHD. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare AGDAX with Any Fund or Stock
Compare AGDAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AGDAX with funds that move differently
AB High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AGDAX.
Explore AGDAX Diversifiers