GMO High Yield Fund (GHVIX) 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 GHVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GHVIX
GHVIX charges 0.46% annually. There are 10 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 | GHVIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | GHVIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | GHVIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | GHVIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | GHVIX vs CRDOX |
Best Risk-Adjusted Alternatives to GHVIX
GHVIX has a PortfoliosLab risk / return rank of 72. There are 92 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 | GHVIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | GHVIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | GHVIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | GHVIX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 96 | — | Jul 2017 | GHVIX vs PSHNX |
Top Performing GHVIX Alternatives (YTD)
GHVIX is at 1.68% YTD. There are 59 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 8.39% | — | Dec 2014 | GHVIX vs XILSX | |
| Fairholme Focused Income Fund | 7.76% | — | Dec 2009 | GHVIX vs FOCIX | |
| Fidelity Capital & Income Fund | 7.39% | — | Nov 1977 | GHVIX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.77% | — | Oct 2018 | GHVIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.64% | — | Jul 1995 | GHVIX vs FAHCX |
Lowest Volatility Alternatives to GHVIX
GHVIX has 3.03% 1-year volatility. There are 63 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | GHVIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | GHVIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | GHVIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | GHVIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | GHVIX vs OSTIX |
Lowest Drawdown Alternatives to GHVIX
GHVIX has a 1-year max drawdown of -2.42%. There are 85 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 | GHVIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | GHVIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | GHVIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | GHVIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | GHVIX vs SCFIX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMOIX, GMOQX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 28 | 3.03% | — | Feb 2004 | GHVIX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 79 | 17.65% | — | Mar 1987 | GHVIX vs GMOIX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 9.08% | — | Apr 1994 | GHVIX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.26% | — | Mar 2009 | GHVIX vs GUSTX | |
| GMO Global Equity Allocation Fund | Global Equities | 88 | 16.34% | — | Nov 1996 | GHVIX vs GMGEX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 84 | 16.53% | — | Jun 2006 | GHVIX vs GIOTX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 73 | 0.96% | — | Apr 1997 | GHVIX vs GUGAX | |
| GMO Benchmark-Free Fund | Global Allocation | 95 | 9.60% | — | Jun 2011 | GHVIX vs GBFFX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 2 | -4.60% | — | Mar 2009 | GHVIX vs GABFX | |
| GMO Alternative Allocation Fund | Multistrategy | 71 | 1.36% | — | May 2019 | GHVIX vs GAAVX |
Often Compared With GHVIX
Investors most often compare GHVIX with TAHTX, HYLD, PDI. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare GHVIX with Any Fund or Stock
Compare GHVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GHVIX with funds that move differently
GMO High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GHVIX.
Explore GHVIX Diversifiers