AB High Yield ETF (HYFI) 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 HYFI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYFI
HYFI charges 0.40% annually. There are 51 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% | 2.75B | Jul 2023 | HYFI vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | HYFI vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | HYFI vs NHYB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | HYFI vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | HYFI vs USHY |
Best Risk-Adjusted Alternatives to HYFI
HYFI has a PortfoliosLab risk / return rank of 66. There are 50 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | HYFI vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | HYFI vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | HYFI vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | HYFI vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.57M | Nov 2024 | HYFI vs LDRH |
Top Performing HYFI Alternatives (YTD)
HYFI is at 1.96% YTD. There are 34 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 6.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 6.35% | — | Aug 2025 | HYFI vs DADS | |
| Man Active High Yield ETF | 5.89% | 19.82M | Sep 2025 | HYFI vs MHY | |
| VanEck Emerging Markets High Yield Bond ETF | 4.23% | 521.46M | May 2012 | HYFI vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.07% | 185.42M | May 2013 | HYFI vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.69% | 596.69M | May 2014 | HYFI vs HYGH |
Lowest Volatility Alternatives to HYFI
HYFI has 3.89% 1-year volatility. There are 71 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 | HYFI vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.30% | 870.26M | Aug 2018 | HYFI vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | HYFI vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | HYFI vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | HYFI vs BSJR |
Lowest Drawdown Alternatives to HYFI
HYFI has a 1-year max drawdown of -2.49%. There are 49 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% | 870.26M | Aug 2018 | HYFI vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | HYFI vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | HYFI vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | HYFI vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | HYFI vs IBHH |
Other ETFs from AllianceBernstein
The 10 most viewed AllianceBernstein ETFs shown here include FWD, LOWV, YEAR and span 10 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AB Disruptors ETF | Global Equities | 51 | 20.07% | 2.91B | Mar 2023 | HYFI vs FWD | |
| AB US Low Volatility Equity ETF | Low Volatility | 37 | 5.85% | 202.10M | Mar 2023 | HYFI vs LOWV | |
| AB Ultra Short Income ETF | Ultrashort Bond | 98 | 1.63% | 1.51B | Sep 2022 | HYFI vs YEAR | |
| AB US High Dividend ETF | Large Cap Value Equities | 78 | 12.88% | 202.64M | Mar 2023 | HYFI vs HIDV | |
| AB International Buffer ETF | Defined Outcome, Foreign Large Cap Equities | 76 | 6.77% | 122.81M | Dec 2024 | HYFI vs BUFI | |
| AB Tax-Aware Short Duration ETF | Municipal Bonds | 78 | 0.92% | 1.37B | Sep 2022 | HYFI vs TAFI | |
| AB US Large Cap Strategic Equities ETF | Large Cap Blend Equities | 49 | 9.49% | 1.29B | Sep 2023 | HYFI vs LRGC | |
| AB Tax-Aware Intermediate Municipal ETF | Municipal Bonds | 73 | 0.84% | 702.03M | Dec 2023 | HYFI vs TAFM | |
| AB Corporate Bond ETF | Corporate Bonds | 22 | -1.02% | 25.94M | Dec 2023 | HYFI vs EYEG | |
| AB Conservative Buffer ETF | Options Trading | 68 | 3.40% | 1.04B | Dec 2023 | HYFI vs BUFC |
Often Compared With HYFI
Investors most often compare HYFI with FLRN, BSJP, FBND. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare HYFI with Any Fund or Stock
Compare HYFI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYFI with funds that move differently
AB High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYFI.
Explore HYFI Diversifiers