MassMutual High Yield Fund (DLHYX) 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 DLHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DLHYX
DLHYX charges 0.74% annually. There are 68 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 | DLHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | DLHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | DLHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | DLHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | DLHYX vs CRDOX |
Best Risk-Adjusted Alternatives to DLHYX
DLHYX has a PortfoliosLab risk / return rank of 81. There are 64 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 | DLHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | DLHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | DLHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | DLHYX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | DLHYX vs PSHNX |
Top Performing DLHYX Alternatives (YTD)
DLHYX is at 2.49% YTD. There are 37 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fairholme Focused Income Fund | 10.25% | — | Dec 2009 | DLHYX vs FOCIX | |
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | DLHYX vs XILSX | |
| Fidelity Capital & Income Fund | 6.80% | — | Nov 1977 | DLHYX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.24% | — | Oct 2018 | DLHYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.18% | — | Jul 1995 | DLHYX vs FAHCX |
Lowest Volatility Alternatives to DLHYX
DLHYX has 3.46% 1-year volatility. There are 129 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.84% | — | Sep 2010 | DLHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | DLHYX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | DLHYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | DLHYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | DLHYX vs OSTIX |
Lowest Drawdown Alternatives to DLHYX
DLHYX has a 1-year max drawdown of -2.43%. There are 86 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 | DLHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | DLHYX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | DLHYX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | DLHYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | DLHYX vs SCFIX |
Other Mutual Funds from MassMutual
The 10 most viewed MassMutual mutual funds shown here include MOGAX, MIEYX, MEFAX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MassMutual 60/40 Allocation Fund | Diversified Portfolio | — | — | — | Jun 2011 | DLHYX vs MOGAX | |
| MM S&P 500 Index Fund | S&P 500 | 59 | 10.16% | — | Feb 1998 | DLHYX vs MIEYX | |
| MassMutual Mid Cap Growth Fund | Mid Cap Growth Equities | 10 | 5.32% | — | May 2000 | DLHYX vs MEFAX | |
| MassMutual Core Bond Fund | Intermediate Core Bond | 33 | 0.26% | — | Sep 1994 | DLHYX vs MCBDX | |
| MassMutual Diversified Value Fund | Large Cap Value Equities | 87 | 14.42% | — | Oct 2004 | DLHYX vs MDDAX | |
| MassMutual Short Duration Bond Fund | Short-Term Bond | 88 | 0.89% | — | Sep 1994 | DLHYX vs MSTDX | |
| MassMutual Global Fund | Global Equities | 14 | 5.65% | — | Dec 2004 | DLHYX vs MGFAX | |
| MassMutual Diversified Bond Fund | Intermediate Core-Plus Bond | 88 | 2.69% | — | May 1999 | DLHYX vs MDVAX | |
| MassMutual Blue Chip Growth Fund | Large Cap Growth Equities | 7 | -1.48% | — | May 2001 | DLHYX vs MBCSX | |
| MassMutual Overseas Fund | Foreign Large Cap Equities | 13 | 3.39% | — | Apr 2001 | DLHYX vs MOSAX |
Often Compared With DLHYX
Investors most often compare DLHYX with LSIOX, FDFIX, DLBMX. These 18 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare DLHYX with Any Fund or Stock
Compare DLHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DLHYX with funds that move differently
MassMutual High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DLHYX.
Explore DLHYX Diversifiers