AHITX Alternatives & Similar Mutual Funds

American Funds American High-Income Trust (AHITX) 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 AHITX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AHITX

AHITX charges 0.69% annually. There are 53 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	AHITX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.13%	25.70B	Nov 2001	AHITX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	AHITX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.23%	25.70B	Dec 1978	AHITX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	AHITX vs CRDOX

Best Risk-Adjusted Alternatives to AHITX

AHITX has a PortfoliosLab risk / return rank of 83. There are 67 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
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	AHITX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	AHITX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	AHITX vs RPHIX
FSHNX	Fidelity Series High Income Fund	97	—	Mar 2011	AHITX vs FSHNX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	AHITX vs CWFIX

Top Performing AHITX Alternatives (YTD)

AHITX is at 2.19% YTD. There are 45 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.

Symbol	Name	YTD Return	AUM	Inception
FAGIX	Fidelity Capital & Income Fund	8.43%	—	Nov 1977	AHITX vs FAGIX
XILSX	Pioneer ILS Interval Fund	7.97%	—	Dec 2014	AHITX vs XILSX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	7.64%	—	Oct 2018	AHITX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	7.59%	—	Jul 1995	AHITX vs FAHCX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	7.52%	—	Jan 1987	AHITX vs FAHYX

Lowest Volatility Alternatives to AHITX

AHITX has 3.39% 1-year volatility. There are 111 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	AHITX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	AHITX vs CCLFX
CWFIX	Chartwell Short Duration High Yield Fund	1.49%	—	Jul 2014	AHITX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.63%	—	Oct 2012	AHITX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.69%	—	Aug 2002	AHITX vs OSTIX

Lowest Drawdown Alternatives to AHITX

AHITX has a 1-year max drawdown of -2.41%. There are 82 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
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	AHITX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	AHITX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	AHITX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	AHITX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	AHITX vs SCFIX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, RGAGX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	9.98%	—	Jul 1975	AHITX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	55	10.91%	—	Jan 1934	AHITX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	35	10.24%	—	Dec 1973	AHITX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.89%	—	Jul 1952	AHITX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	40	12.33%	—	—	AHITX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	75	15.14%	—	Jan 1978	AHITX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	29	7.38%	—	Mar 1973	AHITX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	34	10.19%	—	Dec 1973	AHITX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	53	6.34%	—	Dec 1973	AHITX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	27	6.34%	—	Jan 1967	AHITX vs AMCPX

Often Compared With AHITX

Investors most often compare AHITX with SPHIX, VSGDX, SCHD. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPHIX	Fidelity High Income Fund	High Yield Bonds	95	3.57%	—	Aug 1990	AHITX vs SPHIX
VSGDX	Vanguard Short-Term Federal Fund Admiral Shares	Total Bond Market	53	0.64%	4.50B	Feb 2001	AHITX vs VSGDX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	Oct 2011	AHITX vs SCHD
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	34	10.09%	—	Dec 1973	AHITX vs AGTHX
RITGX	American Funds American High-Income Trust® Class R...	High Yield Bonds	86	2.35%	—	Aug 2008	AHITX vs RITGX
DODIX	Dodge & Cox Income Fund	Total Bond Market	29	0.51%	—	—	AHITX vs DODIX
SJNK	SPDR Bloomberg Barclays Short Term High Yield Bond...	High Yield Bonds	69	1.41%	4.76B	Mar 2012	AHITX vs SJNK
AADTX	American Funds 2025 Target Date Retirement Fund	Target Retirement Date	65	5.17%	—	Jan 2007	AHITX vs AADTX
FFRHX	Fidelity Floating Rate High Income Fund	High Yield Bonds	92	2.05%	—	Aug 2000	AHITX vs FFRHX
CWBFX	American Funds Capital World Bond Fund	Global Bonds	4	-0.48%	—	Aug 1987	AHITX vs CWBFX
AMUSX	American Funds U.S. Government Securities Fund	Government Bonds	14	-0.35%	—	Oct 1985	AHITX vs AMUSX
AIBAX	American Funds Intermediate Bond Fund of America	Short-Term Bond	24	0.06%	—	Feb 1988	AHITX vs AIBAX
BCAAX	BrandywineGLOBAL - Corporate Credit Fund	High Yield Bonds	35	0.33%	—	Sep 2002	AHITX vs BCAAX
TEPAX	American Funds Tax-Exempt Preservation Portfolio	Municipal Bonds	69	0.81%	—	May 2012	AHITX vs TEPAX
ANBAX	American Funds Strategic Bond Fund	Intermediate Core-Plus Bond	7	-0.70%	—	Mar 2016	AHITX vs ANBAX
MGK	Vanguard Mega Cap Growth ETF	Large Cap Growth Equities	45	10.01%	32.00B	Dec 2007	AHITX vs MGK
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	AHITX vs SPY
ABNDX	American Funds The Bond Fund of America	Intermediate Core Bond	19	0.10%	—	May 1974	AHITX vs ABNDX
CWGIX	American Funds Capital World Growth and Income Fun...	Global Equities	74	16.44%	—	Mar 1993	AHITX vs CWGIX
VGSLX	Vanguard Real Estate Index Fund Admiral Shares	REIT	10	7.97%	69.90B	Nov 2001	AHITX vs VGSLX

Compare AHITX with Any Fund or Stock

Compare AHITX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair AHITX with funds that move differently

American Funds American High-Income Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHITX.

Explore AHITX Diversifiers

American Funds American High-Income Trust (AHITX) Alternatives