High Yield ETF (HYLD) 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 HYLD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYLD
HYLD charges 1.29% annually. There are 111 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 | HYLD vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | HYLD vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | HYLD vs NHYB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | HYLD vs BBHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.46B | Dec 2016 | HYLD vs HYLB |
Best Risk-Adjusted Alternatives to HYLD
Among 92 ETFs in the High Yield Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | HYLD vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | HYLD vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | HYLD vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | HYLD vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.57M | Nov 2024 | HYLD vs LDRH |
Top Performing HYLD Alternatives (YTD)
Among 98 ETFs in the High Yield Bonds category with YTD return data, the top-performing alternatives shown here go as high as 6.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 6.35% | — | Aug 2025 | HYLD vs DADS | |
| Man Active High Yield ETF | 5.89% | 19.82M | Sep 2025 | HYLD vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.23% | 521.46M | May 2012 | HYLD vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.07% | 185.42M | May 2013 | HYLD vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.69% | 596.69M | May 2014 | HYLD vs HYGH |
Lowest Volatility Alternatives to HYLD
Among 106 ETFs in the High Yield Bonds category with 1-year volatility data, the lowest-volatility alternatives shown here go 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 | HYLD vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.30% | 870.26M | Aug 2018 | HYLD vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | HYLD vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | HYLD vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | HYLD vs BSJR |
Lowest Drawdown Alternatives to HYLD
Among 92 ETFs in the High Yield Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go 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 | HYLD vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | HYLD vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | HYLD vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | HYLD vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | HYLD vs IBHH |
Other ETFs from Exchange Traded Concepts
The 10 most viewed Exchange Traded Concepts ETFs shown here include NUKZ, ROBO, CEFS and span 14 categories. AUM among these funds goes as high as $2B.
Often Compared With HYLD
Investors most often compare HYLD with USCL, HMAX.TO, QQCL.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare HYLD with Any Fund or Stock
Compare HYLD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYLD with funds that move differently
High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYLD.
Explore HYLD Diversifiers