BlackRock Corporate High Yield Fund (HYT) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HYT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYT
HYT charges 2.83% annually. There are 184 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | HYT vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | HYT vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | HYT vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | HYT vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | HYT vs CRDOX |
Best Risk-Adjusted Alternatives to HYT
HYT has a PortfoliosLab risk / return rank of 1. There are 191 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | HYT vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | HYT vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | HYT vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | HYT vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | HYT vs CWFIX |
Top Performing HYT Alternatives (YTD)
HYT is at 1.16% YTD. There are 158 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | HYT vs XILSX | |
| Fairholme Focused Income Fund | 10.45% | — | Dec 2009 | HYT vs FOCIX | |
| Fidelity Capital & Income Fund | 7.76% | — | Nov 1977 | HYT vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.76% | — | Oct 2018 | HYT vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.70% | — | Jul 1995 | HYT vs FAHCX |
Lowest Volatility Alternatives to HYT
HYT has 9.91% 1-year volatility. There are 188 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | HYT vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.87% | — | Sep 2010 | HYT vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.53% | — | Jul 2014 | HYT vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.70% | — | Oct 2012 | HYT vs SCFIX | |
| Osterweis Strategic Income Fund | 1.78% | — | Aug 2002 | HYT vs OSTIX |
Lowest Drawdown Alternatives to HYT
HYT has a 1-year max drawdown of -10.17%. There are 186 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | HYT vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | HYT vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | HYT vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | HYT vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | HYT vs SCFIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
Often Compared With HYT
Investors most often compare HYT with GOF, DSU, PTY. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare HYT with Any Fund or Stock
Compare HYT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYT with funds that move differently
BlackRock Corporate High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYT.
Explore HYT Diversifiers