Access Flex High Yield ProFund (FYAIX) 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 FYAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FYAIX
FYAIX charges 1.78% annually. There are 174 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 | FYAIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | FYAIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | FYAIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | FYAIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | FYAIX vs CRDOX |
Best Risk-Adjusted Alternatives to FYAIX
FYAIX has a PortfoliosLab risk / return rank of 29. There are 168 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 | FYAIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | FYAIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | FYAIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | FYAIX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | FYAIX vs PSHNX |
Top Performing FYAIX Alternatives (YTD)
FYAIX is at 1.05% YTD. There are 167 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 | FYAIX vs XILSX | |
| Fairholme Focused Income Fund | 8.79% | — | Dec 2009 | FYAIX vs FOCIX | |
| Fidelity Capital & Income Fund | 7.46% | — | Nov 1977 | FYAIX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.76% | — | Oct 2018 | FYAIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.70% | — | Jul 1995 | FYAIX vs FAHCX |
Lowest Volatility Alternatives to FYAIX
FYAIX has 3.82% 1-year volatility. There are 158 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 | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | FYAIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | FYAIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | FYAIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | FYAIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | FYAIX vs OSTIX |
Lowest Drawdown Alternatives to FYAIX
FYAIX has a 1-year max drawdown of -2.46%. There are 93 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 | FYAIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | FYAIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | FYAIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FYAIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FYAIX vs SCFIX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include SMPIX, BTCFX, UOPIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund Investor C... | Leveraged Equities, Semiconductors, Technology Equities | 77 | 64.41% | — | Jun 2000 | FYAIX vs SMPIX | |
| Bitcoin ProFund Investor Class | Cryptocurrency | 0 | -28.27% | — | Jul 2021 | FYAIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 47 | 32.77% | — | Nov 1997 | FYAIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 46 | 18.89% | — | Nov 1997 | FYAIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 57 | 41.97% | — | Jun 2000 | FYAIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 19 | -21.55% | — | Jun 2002 | FYAIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 94 | 43.97% | — | Jun 2000 | FYAIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 27 | 34.95% | — | Jun 2000 | FYAIX vs ENPIX | |
| ProFunds UltraJapan Fund | Leveraged Equities | 94 | 79.44% | — | Feb 2000 | FYAIX vs UJPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 49 | 17.26% | — | Aug 2000 | FYAIX vs OTPIX |
Often Compared With FYAIX
Investors most often compare FYAIX with SCHD, CPMPX, THHYX. These 13 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FYAIX with Any Fund or Stock
Compare FYAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FYAIX with funds that move differently
Access Flex High Yield ProFund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FYAIX.
Explore FYAIX Diversifiers