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	0.12%	25.80B	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	0.22%	25.80B	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 50. There are 107 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 Class I Shares	100	—	Jun 2019	AHITX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	99	—	Sep 2010	AHITX vs RPHIX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	AHITX vs PSHNX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	AHITX vs CWFIX

Top Performing AHITX Alternatives (YTD)

AHITX is at 0.99% YTD. There are 119 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	10.56%	—	Dec 2014	AHITX vs XILSX
FOCIX	Fairholme Focused Income Fund	10.04%	—	Dec 2009	AHITX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	5.94%	—	Nov 1977	AHITX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	5.45%	—	Oct 2018	AHITX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	5.40%	—	Jul 1995	AHITX vs FAHCX

Lowest Volatility Alternatives to AHITX

AHITX has 3.43% 1-year volatility. There are 125 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	0.85%	—	Jun 2019	AHITX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.86%	—	Sep 2010	AHITX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	AHITX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.69%	—	Oct 2012	AHITX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.77%	—	Aug 2002	AHITX vs OSTIX

Lowest Drawdown Alternatives to AHITX

AHITX has a 1-year max drawdown of -2.41%. There are 83 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
XILSX	Pioneer ILS Interval Fund	-0.10%	—	Dec 2014	AHITX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	-0.19%	—	Jun 2019	AHITX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	-0.21%	—	Sep 2010	AHITX vs RPHIX
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, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	78	8.43%	—	Jul 1975	AHITX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	9.73%	—	Jan 1934	AHITX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	55	8.99%	—	Jul 1952	AHITX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	19	5.80%	—	Dec 1973	AHITX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	10.30%	—	May 2009	AHITX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	61	13.21%	—	Aug 1978	AHITX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	23	4.94%	—	Mar 1973	AHITX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	19	5.73%	—	Dec 1973	AHITX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	81	8.35%	—	Dec 1973	AHITX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	17	4.76%	—	Jan 1967	AHITX vs AMCPX

Often Compared With AHITX

Investors most often compare AHITX with SPHIX, VSGDX, AGTHX. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPHIX	Fidelity High Income Fund	High Yield Bonds	86	2.43%	—	Aug 1990	AHITX vs SPHIX
VSGDX	Vanguard Short-Term Federal Fund Admiral Shares	Total Bond Market	54	0.39%	4.50B	Feb 2001	AHITX vs VSGDX
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	18	5.61%	—	Dec 1973	AHITX vs AGTHX
RITGX	American Funds American High-Income Trust® Class R...	High Yield Bonds	58	1.18%	—	Aug 2008	AHITX vs RITGX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.36%	104.16B	Oct 2011	AHITX vs SCHD
AADTX	American Funds 2025 Target Date Retirement Fund	Target Retirement Date	66	4.92%	—	Jan 2007	AHITX vs AADTX
DODIX	Dodge & Cox Income Fund	Intermediate Core-Plus Bond	18	-0.78%	—	—	AHITX vs DODIX
SJNK	SPDR Bloomberg Short Term High Yield Bond ETF	High Yield Bonds	74	1.85%	4.75B	Mar 2012	AHITX vs SJNK
CWBFX	American Funds Capital World Bond Fund	Global Bonds	6	-1.69%	—	Aug 1987	AHITX vs CWBFX
AMUSX	American Funds U.S. Government Securities Fund	Government Bonds	8	-1.86%	—	Oct 1985	AHITX vs AMUSX
BCAAX	BrandywineGLOBAL - Corporate Credit Fund	High Yield Bonds	25	-0.16%	—	Sep 2002	AHITX vs BCAAX
AIBAX	American Funds Intermediate Bond Fund of America	Short-Term Bond	19	-0.74%	—	Feb 1988	AHITX vs AIBAX
FFRHX	Fidelity Floating Rate High Income Fund	Bank Loan	93	2.14%	—	Aug 2000	AHITX vs FFRHX
TEPAX	American Funds Tax-Exempt Preservation Portfolio	Municipal Bonds	57	0.40%	—	May 2012	AHITX vs TEPAX
ANBAX	American Funds Strategic Bond Fund	Intermediate Core-Plus Bond	6	-2.40%	—	Mar 2016	AHITX vs ANBAX
ABNDX	The Bond Fund of America Class A	Intermediate Core Bond	18	-1.08%	—	May 1974	AHITX vs ABNDX
MGK	Vanguard Mega Cap Growth ETF	Large Cap Growth Equities	38	7.10%	33.30B	Dec 2007	AHITX vs MGK
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	AHITX vs SPY
CWGIX	American Funds Capital World Growth and Income Fun...	Global Equities	72	14.04%	—	Mar 1993	AHITX vs CWGIX
VGSLX	Vanguard Real Estate Index Fund Admiral Shares	REIT	35	13.95%	71.40B	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