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 182 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 188 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 | 100 | — | Mar 2019 | HYT vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | HYT vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | HYT vs CWFIX | |
| American Beacon SiM High Yield Opportunities Fund ... | 97 | — | Feb 2011 | HYT vs SHOYX |
Top Performing HYT Alternatives (YTD)
HYT is at 1.52% YTD. There are 127 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | HYT vs XILSX | |
| Fairholme Focused Income Fund | 9.27% | — | Dec 2009 | HYT vs FOCIX | |
| Fidelity Capital & Income Fund | 7.17% | — | Nov 1977 | HYT vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.58% | — | Oct 2018 | HYT vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.53% | — | Jul 1995 | HYT vs FAHCX |
Lowest Volatility Alternatives to HYT
HYT has 9.88% 1-year volatility. There are 185 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.84% | — | Sep 2010 | HYT vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | HYT vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | HYT vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | HYT vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | HYT vs OSTIX |
Lowest Drawdown Alternatives to HYT
HYT has a 1-year max drawdown of -10.17%. There are 183 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | HYT vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | HYT vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | HYT vs XILSX | |
| 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 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 41 | 15.39% | — | Sep 2021 | HYT vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 66 | 10.86% | — | Jul 1993 | HYT vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.80% | — | Dec 2012 | HYT vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 65 | 11.83% | — | May 2011 | HYT vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 75 | 11.27% | — | Dec 1991 | HYT vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 58 | 10.47% | — | Jul 2010 | HYT vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 47 | 6.76% | — | Aug 2005 | HYT vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 47 | 32.23% | — | Apr 2000 | HYT vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 78 | 7.07% | — | Oct 2007 | HYT vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 74 | 13.41% | — | Sep 1999 | HYT vs FAMRX |
Often Compared With HYT
Investors most often compare HYT with GOF, DSU, SPHY. These 20 comparison targets span 14 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