HYLD Alternatives & Similar ETFs

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 112 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SCYB	Schwab High Yield Bond ETF	0.03%	2.54B	Jul 2023	HYLD vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.07B	Jun 2012	HYLD vs SPHY
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	608.96M	Sep 2016	HYLD vs BBHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.48B	Dec 2016	HYLD vs HYLB
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	26.83B	Oct 2017	HYLD vs USHY

Best Risk-Adjusted Alternatives to HYLD

Among 94 ETFs in the High Yield Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	97	364.90M	May 2019	HYLD vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	95	1.03B	Aug 2018	HYLD vs BSJQ
XHYE	BondBloxx US High Yield Energy Sector ETF	94	5.96M	Feb 2022	HYLD vs XHYE
FLRT	Pacific Global Senior Loan ETF	86	615.17M	Feb 2015	HYLD vs FLRT
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	85	8.41M	Nov 2024	HYLD vs LDRH

Top Performing HYLD Alternatives (YTD)

Among 102 ETFs in the High Yield Bonds category with YTD return data, the top-performing alternatives shown here go as high as 14.38%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	14.38%	—	Aug 2025	HYLD vs DADS
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	3.81%	510.68M	May 2012	HYLD vs HYEM
XHYE	BondBloxx US High Yield Energy Sector ETF	3.57%	5.96M	Feb 2022	HYLD vs XHYE
FSYD	Fidelity Sustainable High Yield ETF	3.41%	112.95M	Feb 2022	HYLD vs FSYD
HYHG	ProShares High Yield-Interest Rate Hedged	3.03%	173.54M	May 2013	HYLD vs HYHG

Lowest Volatility Alternatives to HYLD

Among 111 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
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	0.00%	310.08M	May 2019	HYLD vs IBHD
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	6.49M	Mar 2015	HYLD vs ESHY
HYXU	iShares Euro High Yield Corporate Bond USD Hedged ...	0.00%	71.08M	Apr 2012	HYLD vs HYXU
BSJO	Invesco BulletShares 2024 High Yield Corporate Bon...	0.00%	437.22M	Sep 2016	HYLD vs BSJO
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	0.78%	364.90M	May 2019	HYLD vs IBHE

Lowest Drawdown Alternatives to HYLD

Among 94 ETFs in the High Yield Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	-0.11%	364.90M	May 2019	HYLD vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	1.03B	Aug 2018	HYLD vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	437.71M	Jul 2021	HYLD vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	849.28M	Sep 2019	HYLD vs BSJR
XHYE	BondBloxx US High Yield Energy Sector ETF	-1.21%	5.96M	Feb 2022	HYLD vs XHYE

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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
USCL	Ishares Climate Conscious & Transition MSCI USA ET...	Large Cap Blend Equities	50	7.58%	3.00B	Jun 2023	HYLD vs USCL
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	93	12.57%	2.34B	Jan 2023	HYLD vs HMAX.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	20.29%	364.56M	Oct 2023	HYLD vs QQCL.TO
VOO	Vanguard S&P 500 ETF	S&P 500	74	11.34%	1.60T	Sep 2010	HYLD vs VOO
HYS	PIMCO 0-5 Year High Yield Corporate Bond Index ETF	High Yield Bonds	69	1.34%	1.71B	Jun 2011	HYLD vs HYS
QYLD	Global X NASDAQ 100 Covered Call ETF	Nasdaq-100, Derivative Income	89	7.88%	8.41B	Dec 2013	HYLD vs QYLD
SVOL	Simplify Volatility Premium ETF	Volatility	19	0.65%	563.43M	May 2021	HYLD vs SVOL
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	85	19.82%	94.95B	Oct 2011	HYLD vs SCHD
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	29	0.69%	44.59B	May 2020	HYLD vs JEPI
HNDL	Strategy Shares Nasdaq 7HANDL Index ETF	Diversified Portfolio	68	7.41%	668.53M	Jan 2018	HYLD vs HNDL
DFN.TO	Dividend 15 Split Corp.		96	17.57%	—	—	HYLD vs DFN.TO
HDIVX	Janus Henderson Dividend & Income Builder Fund	Foreign Large Cap Equities	45	15.63%	—	Jul 2012	HYLD vs HDIVX
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	34	9.41%	1.82B	Jan 2025	HYLD vs HHIS.TO
RS.TO	Real Estate Split Corp.		73	14.65%	—	—	HYLD vs RS.TO
GHVIX	GMO High Yield Fund	High Yield Bonds	70	1.45%	—	Jun 2018	HYLD vs GHVIX
QQQ	Invesco QQQ ETF	Nasdaq-100	74	20.71%	493.99B	Mar 1999	HYLD vs QQQ
NCYF.L	CQS New City High Yield Fund		63	1.36%	—	—	HYLD vs NCYF.L
HVID.CO	Hvidbjerg Bank A/S		48	-10.15%	—	—	HYLD vs HVID.CO
SMAX	iShares Large Cap Max Buffer Sep ETF	Defined Outcome	93	3.13%	—	Sep 2024	HYLD vs SMAX
QYLG	Global X Nasdaq 100 Covered Call & Growth ETF	Nasdaq-100, Derivative Income	82	14.51%	150.65M	Sep 2020	HYLD vs QYLG

Compare HYLD with Any Fund or Stock

Compare HYLD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

High Yield ETF (HYLD) Alternatives