First Trust High Yield Opportunities 2027 Term Fund (FTHY) Alternatives
First Trust High Yield Opportunities 2027 Term Fund (FTHY) 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 FTHY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FTHY
FTHY charges 0.02% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among FTHY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset High Income Opportunity Fund Inc | 0.02% | Jan 1, 2009 | FTHY vs HIO | |
| Western Asset High Yield Opportunity Fund Inc | 0.02% | Jul 20, 2010 | FTHY vs HYI | |
| Western Asset Global High Income Fund Inc | 0.02% | Jan 1, 2010 | FTHY vs EHI | |
| Nuveen Floating Rate Income Fund | 0.02% | Mar 24, 2004 | FTHY vs JFR | |
| PGIM High Yield Bond Fund | 0.02% | Apr 30, 2012 | FTHY vs ISD |
Best Risk-Adjusted Alternatives to FTHY
Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | FTHY vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | FTHY vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | Sep 30, 2010 | FTHY vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | FTHY vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | FTHY vs PRCPX |
Top Performing FTHY Alternatives (YTD)
FTHY alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.93% | Dec 31, 2009 | FTHY vs FOCIX | |
| Pioneer ILS Interval Fund | 5.18% | Dec 16, 2014 | FTHY vs XILSX | |
| RiverNorth Capital and Income Fund | 4.23% | — | FTHY vs RSF | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | FTHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | FTHY vs CCLFX |
Lowest Volatility Alternatives to FTHY
FTHY alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.97% | Sep 30, 2010 | FTHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | FTHY vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.71% | Jul 15, 2014 | FTHY vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | FTHY vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | FTHY vs SCFIX |
Lowest Drawdown Alternatives to FTHY
FTHY alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | FTHY vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | FTHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.46% | Mar 6, 2019 | FTHY vs CCLFX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | FTHY vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | FTHY vs CPMPX |
Other Mutual Funds from First Trust
Most popular First Trust mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | Event Driven | 99 | 0.76% | Oct 1, 2015 | FTHY vs VARBX | |
| First Trust Preferred Securities and Income Fund | Preferred Stock/Convertible Bonds | 80 | -2.48% | Jan 10, 2011 | FTHY vs FPEIX | |
| First Trust/Confluence Small Cap Value Fund | Small Cap Blend Equities | — | — | Jan 11, 2011 | FTHY vs FOVIX | |
| First Trust Enhanced Equity Income Fund | Derivative Income | 36 | -5.60% | Aug 26, 2004 | FTHY vs FFA | |
| First Trust Senior Floating Rate Income Fund II | Bank Loan | 24 | -1.43% | Jan 1, 2013 | FTHY vs FCT | |
| First Trust Intermediate Duration Preferred and In... | Preferred Stock/Convertible Bonds | 14 | -4.04% | Apr 1, 2009 | FTHY vs FPF | |
| First Trust Short Duration High Income Fund | Bank Loan | 65 | -2.99% | Oct 31, 2012 | FTHY vs FDHIX | |
| First Trust Mortgage Income Fund | Mortgage Backed Securities | 14 | -2.09% | May 25, 2005 | FTHY vs FMY |
Often Compared With FTHY
What investors most often compare with FTHY, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| First Trust BuyWrite Income ETF | Actively Managed, Derivative Income | 65 | -0.61% | Jan 6, 2014 | FTHY vs FTHI | |
| FT Cboe Vest S&P 500 Dividend Aristocrats Target I... | Dividend, S&P 500 | 25 | 1.24% | Mar 26, 2018 | FTHY vs KNG | |
| PGIM Global High Yield Fund | High Yield Bonds | 3 | -3.98% | Dec 26, 2012 | FTHY vs GHY | |
| PGIM Short Duration High Yield Opportunities Fund | High Yield Bonds | 18 | -1.32% | — | FTHY vs SDHY | |
| Dimensional High Yield Fund | High Yield Bonds | 12 | -0.19% | Jan 1, 2013 | FTHY vs DHF | |
| RiverPark Strategic Income Fund | High Yield Bonds | 96 | 0.36% | Sep 30, 2013 | FTHY vs RSIIX |
Compare FTHY with Any Fund or Stock
Compare FTHY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.