Capital Group High Yield Bond ETF (CGHY) 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 CGHY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CGHY
CGHY charges 0.39% annually. There are 42 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.75B | Jul 2023 | CGHY vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | CGHY vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | CGHY vs NHYB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | CGHY vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | CGHY vs USHY |
Best Risk-Adjusted Alternatives to CGHY
CGHY has a PortfoliosLab risk / return rank of 68. There are 29 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | CGHY vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | CGHY vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | CGHY vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 87 | 865.81M | Sep 2019 | CGHY vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 87 | 22.57M | Nov 2024 | CGHY vs LDRH |
Top Performing CGHY Alternatives (YTD)
CGHY is at 2.38% YTD. There are 46 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 8.52% | — | Aug 2025 | CGHY vs DADS | |
| Man Active High Yield ETF | 6.25% | 19.82M | Sep 2025 | CGHY vs MHY | |
| VanEck Emerging Markets High Yield Bond ETF | 4.64% | 521.46M | May 2012 | CGHY vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.10% | 185.42M | May 2013 | CGHY vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.94% | 596.69M | May 2014 | CGHY vs HYGH |
Lowest Volatility Alternatives to CGHY
CGHY has 3.33% 1-year volatility. There are 35 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | CGHY vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.28% | 870.26M | Aug 2018 | CGHY vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | CGHY vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.71% | 4.98M | Feb 2026 | CGHY vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | CGHY vs BSJR |
Lowest Drawdown Alternatives to CGHY
CGHY has a 1-year max drawdown of -2.38%. 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 | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 870.26M | Aug 2018 | CGHY vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | CGHY vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | CGHY vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | CGHY vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | CGHY vs IBHH |
Other ETFs from Capital Group
The 10 most viewed Capital Group ETFs shown here include CGDV, CGGR, CGDG and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Capital Group Dividend Value ETF | Large Cap Value Equities, Dividend | 82 | 17.74% | 37.18B | Feb 2022 | CGHY vs CGDV | |
| Capital Group Growth ETF | Large Cap Growth Equities | 27 | 5.21% | 23.64B | Feb 2022 | CGHY vs CGGR | |
| Capital Group Dividend Growers ETF | Global Equities | 65 | 10.22% | 5.49B | Sep 2023 | CGHY vs CGDG | |
| Capital Group Core Balanced ETF | Diversified Portfolio | 56 | 9.06% | 7.22B | Sep 2023 | CGHY vs CGBL | |
| Capital Group Core Plus Income ETF | Intermediate Core-Plus Bond | 27 | 0.24% | 8.44B | Feb 2022 | CGHY vs CGCP | |
| Capital Group U.S. Multi-Sector Income ETF | Multisector Bonds | 45 | 1.74% | 5.35B | Oct 2022 | CGHY vs CGMS | |
| Capital Group Core Equity ETF | Large Cap Blend Equities | 66 | 14.98% | 11.45B | Feb 2022 | CGHY vs CGUS | |
| Capital Group Global Growth Equity ETF | Global Equities, Actively Managed | 52 | 17.75% | 11.30B | Feb 2022 | CGHY vs CGGO | |
| Capital Group International Core Equity ETF | Foreign Large Cap Equities | 62 | 13.62% | 2.31B | Jun 2024 | CGHY vs CGIC | |
| Capital Group Conservative Equity ETF | Large Cap Value Equities | 69 | 11.66% | 1.98B | Jun 2024 | CGHY vs CGCV |
Often Compared With CGHY
Investors most often compare CGHY with PRHIX, VWEHX, PHYD. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare CGHY with Any Fund or Stock
Compare CGHY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CGHY with funds that move differently
Capital Group High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CGHY.
Explore CGHY Diversifiers