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 71 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%	2.60B	Jul 2023	AHYB vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.10B	Jun 2012	AHYB vs SPHY
NHYB	Nuveen High Yield Corporate Bond ETF	0.08%	1.69B	Sep 2025	AHYB vs NHYB
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	28.01B	Oct 2017	AHYB vs USHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.49B	Dec 2016	AHYB vs HYLB

Best Risk-Adjusted Alternatives to AHYB

AHYB has a PortfoliosLab risk / return rank of 61. There are 44 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	95	962.59M	Aug 2018	AHYB vs BSJQ
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	88	9.36M	Nov 2024	AHYB vs LDRH
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fu...	86	239.72M	Dec 2013	AHYB vs HYZD
FLRT	Pacific Global Senior Loan ETF	86	624.90M	Feb 2015	AHYB vs FLRT
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	86	500.53M	Jul 2021	AHYB vs IBHG

Top Performing AHYB Alternatives (YTD)

AHYB is at 1.44% YTD. There are 72 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 10.79%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	10.79%	—	Aug 2025	AHYB vs DADS
MHY	Man Active High Yield ETF	4.31%	19.82M	Sep 2025	AHYB vs MHY
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	3.97%	522.05M	May 2012	AHYB vs HYEM
FSYD	Fidelity Sustainable High Yield ETF	3.55%	125.35M	Feb 2022	AHYB vs FSYD
HYHG	ProShares High Yield-Interest Rate Hedged	3.39%	174.87M	May 2013	AHYB vs HYHG

Lowest Volatility Alternatives to AHYB

AHYB has 3.40% 1-year volatility. There are 36 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	6.49M	Mar 2015	AHYB vs ESHY
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	1.35%	962.59M	Aug 2018	AHYB vs BSJQ
FLRT	Pacific Global Senior Loan ETF	1.59%	624.90M	Feb 2015	AHYB vs FLRT
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	2.08%	500.53M	Jul 2021	AHYB vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	2.08%	847.56M	Sep 2019	AHYB vs BSJR

Lowest Drawdown Alternatives to AHYB

AHYB has a 1-year max drawdown of -2.41%. There are 38 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	962.59M	Aug 2018	AHYB vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	500.53M	Jul 2021	AHYB vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	847.56M	Sep 2019	AHYB vs BSJR
IBHH	iShares iBonds 2028 Term High Yield and Income ETF	-1.22%	452.61M	Mar 2022	AHYB vs IBHH
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	-1.23%	9.36M	Nov 2024	AHYB vs LDRH

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 U.S. Quality Growth ETF	Large Cap Growth Equities	18	0.82%	2.14B	Sep 2018	AHYB vs QGRO
FDG	American Century Focused Dynamic Growth ETF	Global Equities	31	0.82%	409.56M	Mar 2020	AHYB vs FDG
FUSI	American Century Multisector Floating Income ETF	Ultrashort Bond	98	2.75%	22.70M	Mar 2023	AHYB vs FUSI
QINT	American Century Quality Diversified International...	Foreign Large Cap Equities	54	9.11%	598.30M	Sep 2018	AHYB vs QINT
SDSI	American Century Short Duration Strategic Income E...	Short-Term Bond	92	1.41%	209.98M	Oct 2022	AHYB vs SDSI
FLV	American Century Focused Large Cap Value ETF	Large Cap Value Equities	66	7.98%	353.22M	Mar 2020	AHYB vs FLV
VALQ	American Century STOXX U.S. Quality Value ETF	Large Cap Value Equities	43	5.42%	311.33M	Jan 2018	AHYB vs VALQ
MID	American Century Mid Cap Growth Impact ETF	Mid Cap Growth Equities	12	3.23%	94.19M	Jul 2020	AHYB vs MID
TAXF	American Century Diversified Municipal Bond ETF	Municipal Bonds	78	2.36%	641.31M	Sep 2018	AHYB vs TAXF
MUSI	American Century Multisector Income ETF	Multisector Bonds	50	1.30%	216.87M	Jun 2021	AHYB vs MUSI

Often Compared With AHYB

Investors most often compare AHYB with FHYTX, BSJO, SGOV. These 20 comparison targets span 10 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	60	1.34%	—	Aug 1984	AHYB vs FHYTX
BSJO	Invesco BulletShares 2024 High Yield Corporate Bon...	High Yield Bonds	—	—	437.22M	Sep 2016	AHYB vs BSJO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.73%	95.28B	May 2020	AHYB vs SGOV
HYBI	NEOS Enhanced Income Credit Select ETF	Nontraditional Bonds	76	1.72%	222.30M	Sep 2024	AHYB vs HYBI
AVLC	Avantis U.S. Large Cap Equity ETF	Large Cap Blend Equities	80	13.66%	1.21B	Sep 2023	AHYB vs AVLC
AVIG	Avantis Core Fixed Income ETF	Intermediate Core Bond	36	0.70%	1.81B	Oct 2020	AHYB vs AVIG
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities	45	12.08%	1.40B	Sep 2021	AHYB vs AVES
AVEM	Avantis Emerging Markets Equity ETF	Emerging Markets Equities	72	24.95%	24.32B	Sep 2019	AHYB vs AVEM
AVLV	Avantis U.S. Large Cap Value ETF	Large Cap Value Equities	94	21.54%	12.01B	Sep 2021	AHYB vs AVLV
XB	BondBloxx B Rated USD High Yield Corporate Bond ET...	High Yield Bonds	64	2.26%	58.40M	May 2022	AHYB vs XB
AVDE	Avantis International Equity ETF	Foreign Large Cap Equities	59	9.84%	16.33B	Sep 2019	AHYB vs AVDE
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	High Yield Bonds	—	—	364.90M	May 2019	AHYB vs IBHE
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	High Yield Bonds, Corporate Bonds	80	3.03%	541.60M	May 2014	AHYB vs HYGH
PSH	PGIM Short Duration High Yield ETF	High Yield Bonds	77	2.33%	160.90M	Dec 2023	AHYB vs PSH
AVUS	Avantis U.S. Equity ETF	Large Cap Blend Equities	84	13.91%	12.71B	Sep 2019	AHYB vs AVUS
SDMF	Simplify DBi CTA Managed Futures Index ETF	Systematic Trend	—	—	31.52M	Feb 2026	AHYB vs SDMF
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	High Yield Bonds	—	—	310.08M	May 2019	AHYB vs IBHD
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	High Yield Bonds	64	1.90%	615.80M	Sep 2016	AHYB vs BBHY
FTSL	First Trust Senior Loan Fund	High Yield Bonds	61	0.52%	2.31B	May 2013	AHYB vs FTSL
THY	Agility Shares Dynamic Tactical Income ETF	High Yield Bonds	36	0.78%	62.49M	Jun 2020	AHYB vs THY

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