BlackRock High Yield Bond Fund Investor A Shares (BHYAX) 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 BHYAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BHYAX
BHYAX charges 0.93% annually. There are 115 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 | BHYAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | BHYAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | BHYAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | BHYAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | BHYAX vs CRDOX |
Best Risk-Adjusted Alternatives to BHYAX
BHYAX has a PortfoliosLab risk / return rank of 78. There are 73 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 | BHYAX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | BHYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | BHYAX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | BHYAX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | BHYAX vs PSHNX |
Top Performing BHYAX Alternatives (YTD)
BHYAX is at 1.85% YTD. There are 96 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | BHYAX vs XILSX | |
| Fairholme Focused Income Fund | 8.79% | — | Dec 2009 | BHYAX vs FOCIX | |
| Fidelity Capital & Income Fund | 7.46% | — | Nov 1977 | BHYAX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.76% | — | Oct 2018 | BHYAX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.70% | — | Jul 1995 | BHYAX vs FAHCX |
Lowest Volatility Alternatives to BHYAX
BHYAX has 3.37% 1-year volatility. There are 111 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | BHYAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | BHYAX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | BHYAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | BHYAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | BHYAX vs OSTIX |
Lowest Drawdown Alternatives to BHYAX
BHYAX has a 1-year max drawdown of -2.30%. There are 70 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | BHYAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | BHYAX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | BHYAX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | BHYAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | BHYAX vs SCFIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 39 | 15.10% | — | Sep 2021 | BHYAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 11.33% | — | Jul 1993 | BHYAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.25% | — | Dec 2012 | BHYAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 64 | 12.43% | — | May 2011 | BHYAX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 73 | 11.70% | — | Dec 1991 | BHYAX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 51 | 9.56% | — | Jul 2010 | BHYAX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 41 | 5.97% | — | Aug 2005 | BHYAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 34.57% | — | Apr 2000 | BHYAX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 72 | 6.74% | — | Oct 2007 | BHYAX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 72 | 13.91% | — | Sep 1999 | BHYAX vs FAMRX |
Often Compared With BHYAX
Investors most often compare BHYAX with BBVLX, BRHYX, FAHYX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare BHYAX with Any Fund or Stock
Compare BHYAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BHYAX with funds that move differently
BlackRock High Yield Bond Fund Investor A Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BHYAX.
Explore BHYAX Diversifiers