AHYB Alternatives & Similar ETFs

American Century Select High Yield ETF (AHYB) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AHYB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AHYB

AHYB charges 0.45% annually. There are 76 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SCYB	Schwab High Yield Bond ETF	0.03%	2.54B	Jul 2023	AHYB vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.07B	Jun 2012	AHYB vs SPHY
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	608.96M	Sep 2016	AHYB vs BBHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.48B	Dec 2016	AHYB vs HYLB
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	26.83B	Oct 2017	AHYB vs USHY

Best Risk-Adjusted Alternatives to AHYB

AHYB has a PortfoliosLab risk / return rank of 62. There are 43 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	97	364.90M	May 2019	AHYB vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	95	1.03B	Aug 2018	AHYB vs BSJQ
XHYE	BondBloxx US High Yield Energy Sector ETF	94	5.96M	Feb 2022	AHYB vs XHYE
FLRT	Pacific Global Senior Loan ETF	86	615.17M	Feb 2015	AHYB vs FLRT
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	85	8.41M	Nov 2024	AHYB vs LDRH

Top Performing AHYB Alternatives (YTD)

AHYB is at 1.31% YTD. There are 68 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.38%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	14.38%	—	Aug 2025	AHYB vs DADS
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	3.81%	510.68M	May 2012	AHYB vs HYEM
XHYE	BondBloxx US High Yield Energy Sector ETF	3.57%	5.96M	Feb 2022	AHYB vs XHYE
FSYD	Fidelity Sustainable High Yield ETF	3.41%	112.95M	Feb 2022	AHYB vs FSYD
HYHG	ProShares High Yield-Interest Rate Hedged	3.03%	173.54M	May 2013	AHYB vs HYHG

Lowest Volatility Alternatives to AHYB

AHYB has 3.36% 1-year volatility. There are 40 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	0.00%	310.08M	May 2019	AHYB vs IBHD
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	6.49M	Mar 2015	AHYB vs ESHY
HYXU	iShares Euro High Yield Corporate Bond USD Hedged ...	0.00%	71.08M	Apr 2012	AHYB vs HYXU
BSJO	Invesco BulletShares 2024 High Yield Corporate Bon...	0.00%	437.22M	Sep 2016	AHYB vs BSJO
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	0.78%	364.90M	May 2019	AHYB vs IBHE

Lowest Drawdown Alternatives to AHYB

AHYB has a 1-year max drawdown of -2.41%. There are 37 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	-0.11%	364.90M	May 2019	AHYB vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	1.03B	Aug 2018	AHYB vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	437.71M	Jul 2021	AHYB vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	849.28M	Sep 2019	AHYB vs BSJR
XHYE	BondBloxx US High Yield Energy Sector ETF	-1.21%	5.96M	Feb 2022	AHYB vs XHYE

Other ETFs from American Century

The 10 most viewed American Century ETFs shown here include QGRO, FDG, FUSI and span 9 categories. AUM among these funds goes as high as $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QGRO	American Century STOXX U.S. Quality Growth ETF	Large Cap Growth Equities	21	2.33%	2.14B	Sep 2018	AHYB vs QGRO
FDG	American Century Focused Dynamic Growth ETF	Global Equities	50	9.35%	409.56M	Mar 2020	AHYB vs FDG
FUSI	American Century Multisector Floating Income ETF	Ultrashort Bond	98	2.52%	22.70M	Mar 2023	AHYB vs FUSI
QINT	American Century Quality Diversified International...	Foreign Large Cap Equities	52	10.31%	598.30M	Sep 2018	AHYB vs QINT
SDSI	American Century Short Duration Strategic Income E...	Short-Term Bond	87	0.90%	209.98M	Oct 2022	AHYB vs SDSI
FLV	American Century Focused Large Cap Value ETF	Large Cap Value Equities	59	6.93%	353.22M	Mar 2020	AHYB vs FLV
MID	American Century Mid Cap Growth Impact ETF	Mid Cap Growth Equities	16	6.22%	94.19M	Jul 2020	AHYB vs MID
VALQ	American Century STOXX U.S. Quality Value ETF	Large Cap Value Equities	42	5.74%	311.33M	Jan 2018	AHYB vs VALQ
TAXF	American Century Diversified Municipal Bond ETF	Municipal Bonds	75	2.03%	641.31M	Sep 2018	AHYB vs TAXF
MUSI	American Century Multisector Income ETF	Multisector Bonds	49	0.76%	216.87M	Jun 2021	AHYB vs MUSI

Often Compared With AHYB

Investors most often compare AHYB with FHYTX, SGOV, HYBI. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FHYTX	Federated Hermes Opportunistic High Yield Bond Fun...	High Yield Bonds	56	1.34%	—	Aug 1984	AHYB vs FHYTX
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.52%	91.90B	May 2020	AHYB vs SGOV
HYBI	NEOS Enhanced Income Credit Select ETF	Nontraditional Bonds	79	1.70%	225.39M	Sep 2024	AHYB vs HYBI
AVLC	Avantis U.S. Large Cap Equity ETF	Large Cap Blend Equities	83	15.14%	1.21B	Sep 2023	AHYB vs AVLC
AVIG	Avantis Core Fixed Income ETF	Intermediate Core Bond	36	0.24%	1.81B	Oct 2020	AHYB vs AVIG
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities	60	16.40%	1.40B	Sep 2021	AHYB vs AVES
AVEM	Avantis Emerging Markets Equity ETF	Emerging Markets Equities	81	26.71%	24.32B	Sep 2019	AHYB vs AVEM
AVLV	Avantis U.S. Large Cap Value ETF	Large Cap Value Equities	92	20.96%	12.01B	Sep 2021	AHYB vs AVLV
AVDE	Avantis International Equity ETF	Foreign Large Cap Equities	57	11.25%	16.33B	Sep 2019	AHYB vs AVDE
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	High Yield Bonds	76	2.94%	529.12M	May 2014	AHYB vs HYGH
PSH	PGIM Short Duration High Yield ETF	High Yield Bonds	73	2.02%	161.26M	Dec 2023	AHYB vs PSH
IBHH	iShares iBonds 2028 Term High Yield and Income ETF	High Yield Bonds	82	1.81%	445.79M	Mar 2022	AHYB vs IBHH
AVUS	Avantis U.S. Equity ETF	Large Cap Blend Equities	85	15.06%	12.71B	Sep 2019	AHYB vs AVUS
THY	Agility Shares Dynamic Tactical Income ETF	High Yield Bonds	43	0.62%	62.49M	Jun 2020	AHYB vs THY
XB	BondBloxx B Rated USD High Yield Corporate Bond ET...	High Yield Bonds	68	1.99%	45.13M	May 2022	AHYB vs XB
YLD	Principal Active High Yield ETF	High Yield Bonds	60	2.97%	544.60M	Jul 2015	AHYB vs YLD
FTSL	First Trust Senior Loan Fund	High Yield Bonds	63	0.65%	2.30B	May 2013	AHYB vs FTSL
PHYD	Putnam ESG High Yield ETF -	High Yield Bonds	80	2.49%	7.67M	Jan 2023	AHYB vs PHYD
SDMF	Simplify DBi CTA Managed Futures Index ETF	Systematic Trend	—	—	26.39M	Feb 2026	AHYB vs SDMF
PGHY	Invesco Global Short Term High Yield Bond ETF	High Yield Bonds	50	2.59%	215.27M	Jun 2013	AHYB vs PGHY

Compare AHYB with Any Fund or Stock

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

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Diversifiers

Pair AHYB with funds that move differently

American Century Select High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHYB.

Explore AHYB Diversifiers

American Century Select High Yield ETF (AHYB) Alternatives