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 54 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% | 2.54B | Jul 2023 | HYFI vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.07B | Jun 2012 | HYFI vs SPHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.48B | Dec 2016 | HYFI vs HYLB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 608.96M | Sep 2016 | HYFI vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 26.83B | Oct 2017 | HYFI vs USHY |
Best Risk-Adjusted Alternatives to HYFI
HYFI has a PortfoliosLab risk / return rank of 65. There are 33 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | 97 | 364.90M | May 2019 | HYFI vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 1.03B | Aug 2018 | HYFI vs BSJQ | |
| BondBloxx US High Yield Energy Sector ETF | 94 | 5.96M | Feb 2022 | HYFI vs XHYE | |
| Pacific Global Senior Loan ETF | 85 | 615.17M | Feb 2015 | HYFI vs FLRT | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 85 | 8.41M | Nov 2024 | HYFI vs LDRH |
Top Performing HYFI Alternatives (YTD)
HYFI is at 1.95% YTD. There are 14 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 14.37% | — | Aug 2025 | HYFI vs DADS | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 3.92% | 510.68M | May 2012 | HYFI vs HYEM | |
| BondBloxx US High Yield Energy Sector ETF | 3.57% | 5.96M | Feb 2022 | HYFI vs XHYE | |
| Fidelity Sustainable High Yield ETF | 3.35% | 112.95M | Feb 2022 | HYFI vs FSYD | |
| ProShares High Yield-Interest Rate Hedged | 2.90% | 173.54M | May 2013 | HYFI vs HYHG |
Lowest Volatility Alternatives to HYFI
HYFI has 3.95% 1-year volatility. There are 79 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2024 Term High Yield & Income ETF | 0.00% | 310.08M | May 2019 | HYFI vs IBHD | |
| Invesco BulletShares 2024 High Yield Corporate Bon... | 0.00% | 437.22M | Sep 2016 | HYFI vs BSJO | |
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | HYFI vs ESHY | |
| iShares Euro High Yield Corporate Bond USD Hedged ... | 0.00% | 71.08M | Apr 2012 | HYFI vs HYXU | |
| iShares iBonds 2025 Term High Yield & Income ETF | 0.78% | 364.90M | May 2019 | HYFI vs IBHE |
Lowest Drawdown Alternatives to HYFI
HYFI has a 1-year max drawdown of -2.49%. There are 48 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | -0.22% | 364.90M | May 2019 | HYFI vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 1.03B | Aug 2018 | HYFI vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 437.71M | Jul 2021 | HYFI vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 849.28M | Sep 2019 | HYFI vs BSJR | |
| BondBloxx US High Yield Energy Sector ETF | -1.21% | 5.96M | Feb 2022 | HYFI vs XHYE |
Other ETFs from AllianceBernstein
The 10 most viewed AllianceBernstein ETFs shown here include FWD, LOWV, YEAR and span 9 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 | 87 | 40.11% | 2.84B | Mar 2023 | HYFI vs FWD | |
| AB US Low Volatility Equity ETF | Large Cap Blend Equities | 28 | 2.73% | 203.44M | Mar 2023 | HYFI vs LOWV | |
| AB Ultra Short Income ETF | Ultrashort Bond | 98 | 1.13% | 1.47B | Sep 2022 | HYFI vs YEAR | |
| AB US High Dividend ETF | Large Cap Value Equities | 70 | 10.96% | 187.08M | Mar 2023 | HYFI vs HIDV | |
| AB Tax-Aware Short Duration ETF | Municipal Bonds | 80 | 1.11% | 1.26B | Sep 2022 | HYFI vs TAFI | |
| AB Corporate Bond ETF | Corporate Bonds | 38 | 0.37% | 26.43M | Dec 2023 | HYFI vs EYEG | |
| AB US Large Cap Strategic Equities ETF | Large Cap Blend Equities | 57 | 7.44% | 1.24B | Sep 2023 | HYFI vs LRGC | |
| AB Conservative Buffer ETF | Options Trading | 61 | 2.84% | 1.06B | Dec 2023 | HYFI vs BUFC | |
| AB International Low Volatility Equity ETF | Foreign Large Cap Equities | 25 | 4.82% | 1.77B | Jul 2024 | HYFI vs ILOW | |
| AB International Buffer ETF | Defined Outcome, Foreign Large Cap Equities | 47 | 4.92% | 122.81M | Dec 2024 | HYFI vs BUFI |
Often Compared With HYFI
Investors most often compare HYFI with FBND, FLRN, SJNK. These 20 comparison targets span 13 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