TCW High Yield Bond ETF (HYBX) 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 HYBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYBX
HYBX charges 0.50% annually. There are 82 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% | 2.60B | Jul 2023 | HYBX vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.10B | Jun 2012 | HYBX vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.69B | Sep 2025 | HYBX vs NHYB | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.49B | Dec 2016 | HYBX vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.01B | Oct 2017 | HYBX vs USHY |
Best Risk-Adjusted Alternatives to HYBX
HYBX has a PortfoliosLab risk / return rank of 34. There are 77 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 962.59M | Aug 2018 | HYBX vs BSJQ | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 88 | 9.36M | Nov 2024 | HYBX vs LDRH | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 86 | 239.72M | Dec 2013 | HYBX vs HYZD | |
| Pacific Global Senior Loan ETF | 85 | 624.90M | Feb 2015 | HYBX vs FLRT | |
| Putnam ESG High Yield ETF - | 85 | 7.62M | Jan 2023 | HYBX vs PHYD |
Top Performing HYBX Alternatives (YTD)
HYBX is at 2.89% YTD. There are 7 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 11.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 11.54% | — | Aug 2025 | HYBX vs DADS | |
| Man Active High Yield ETF | 4.43% | 19.82M | Sep 2025 | HYBX vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 3.81% | 522.05M | May 2012 | HYBX vs HYEM | |
| Fidelity Sustainable High Yield ETF | 3.35% | 125.35M | Feb 2022 | HYBX vs FSYD | |
| ProShares High Yield-Interest Rate Hedged | 3.16% | 174.87M | May 2013 | HYBX vs HYHG |
Lowest Volatility Alternatives to HYBX
HYBX has 6.62% 1-year volatility. There are 100 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 | HYBX vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 962.59M | Aug 2018 | HYBX vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.59% | 624.90M | Feb 2015 | HYBX vs FLRT | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 2.07% | 847.56M | Sep 2019 | HYBX vs BSJR | |
| iShares iBonds 2027 Term High Yield and Income ETF | 2.07% | 500.53M | Jul 2021 | HYBX vs IBHG |
Lowest Drawdown Alternatives to HYBX
HYBX has a 1-year max drawdown of -2.15%. There are 27 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% | 962.59M | Aug 2018 | HYBX vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 500.53M | Jul 2021 | HYBX vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 847.56M | Sep 2019 | HYBX vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 452.61M | Mar 2022 | HYBX vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 9.36M | Nov 2024 | HYBX vs LDRH |
Other ETFs from TCW
The 9 most viewed TCW ETFs shown here include FLXR, PWRD, ACLO and span 8 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| TCW Flexible Income ETF | Multisector Bonds | 82 | 1.64% | 2.31B | Nov 2018 | HYBX vs FLXR | |
| TCW Transform Systems ETF | Energy Equities | 41 | 20.36% | 809.10M | Feb 2022 | HYBX vs PWRD | |
| TCW AAA CLO ETF | CLO | 99 | 2.49% | 480.83M | Nov 2024 | HYBX vs ACLO | |
| TCW Artificial Intelligence ETF | Technology Equities | 87 | 38.08% | 139.97M | Aug 2017 | HYBX vs AIFD | |
| TCW Transform Supply Chain ETF | Large Cap Blend Equities | 45 | 21.64% | 10.94M | Feb 2023 | HYBX vs SUPP | |
| TCW Durable Growth ETF | Large Cap Growth Equities | — | — | 74.58M | May 2024 | HYBX vs GRW | |
| TCW Senior Loan ETF | Bank Loan | 33 | 1.63% | 327.02M | Jun 2013 | HYBX vs SLNZ | |
| TCW Multisector Credit Income ETF | Multisector Bonds | 83 | 2.75% | 50.94M | Nov 2024 | HYBX vs MUSE | |
| TCW Corporate Bond ETF | Corporate Bonds | 34 | 0.76% | 28.45M | Jun 2018 | HYBX vs IGCB |
Often Compared With HYBX
Investors most often compare HYBX with IBHD, FDHY, BBHY. These 7 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares iBonds 2024 Term High Yield & Income ETF | High Yield Bonds | — | — | 310.08M | May 2019 | HYBX vs IBHD | |
| Fidelity High Yield Factor ETF | High Yield Bonds | 81 | 2.56% | 521.95M | Jun 2018 | HYBX vs FDHY | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | High Yield Bonds | 61 | 1.89% | 615.80M | Sep 2016 | HYBX vs BBHY | |
| iShares iBonds 2025 Term High Yield & Income ETF | High Yield Bonds | — | — | 364.90M | May 2019 | HYBX vs IBHE | |
| Federated Hermes Short Duration High Yield ETF | High Yield Bonds | 78 | 1.65% | 49.20M | Dec 2021 | HYBX vs FHYS | |
| Invesco BulletShares 2024 High Yield Corporate Bon... | High Yield Bonds | — | — | 437.22M | Sep 2016 | HYBX vs BSJO | |
| First Trust Senior Loan Fund | High Yield Bonds | 59 | 0.52% | 2.31B | May 2013 | HYBX vs FTSL |
Compare HYBX with Any Fund or Stock
Compare HYBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYBX with funds that move differently
TCW High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYBX.
Explore HYBX Diversifiers