DWS High Income Fund (KHYAX) 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 KHYAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KHYAX
KHYAX charges 0.94% annually. There are 120 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 | KHYAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | KHYAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | KHYAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | KHYAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | KHYAX vs CRDOX |
Best Risk-Adjusted Alternatives to KHYAX
KHYAX has a PortfoliosLab risk / return rank of 64. There are 84 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 | KHYAX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | KHYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | KHYAX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | KHYAX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | KHYAX vs CWFIX |
Top Performing KHYAX Alternatives (YTD)
KHYAX is at 1.06% YTD. There are 140 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 | KHYAX vs XILSX | |
| Fairholme Focused Income Fund | 9.97% | — | Dec 2009 | KHYAX vs FOCIX | |
| Fidelity Capital & Income Fund | 6.70% | — | Nov 1977 | KHYAX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.15% | — | Oct 2018 | KHYAX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.09% | — | Jul 1995 | KHYAX vs FAHCX |
Lowest Volatility Alternatives to KHYAX
KHYAX has 2.97% 1-year volatility. There are 66 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 | KHYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | KHYAX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.52% | — | Jul 2014 | KHYAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.70% | — | Oct 2012 | KHYAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.78% | — | Aug 2002 | KHYAX vs OSTIX |
Lowest Drawdown Alternatives to KHYAX
KHYAX has a 1-year max drawdown of -2.68%. There are 133 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 | KHYAX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | KHYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | KHYAX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | KHYAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | KHYAX vs SCFIX |
Other Mutual Funds from DWS
The 10 most viewed DWS mutual funds shown here include AAAAX, KTCAX, SCDGX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund - Class A | Diversified Portfolio | 70 | 10.13% | — | Jul 2007 | KHYAX vs AAAAX | |
| DWS Science and Technology Fund | Technology Equities | 34 | 16.38% | — | Sep 1948 | KHYAX vs KTCAX | |
| DWS Core Equity Fund | Large Cap Blend Equities | 74 | 12.78% | — | May 1929 | KHYAX vs SCDGX | |
| DWS RREEF Real Assets Fund | Global Allocation | 71 | 10.32% | — | Jul 2007 | KHYAX vs AAAZX | |
| DWS Emerging Markets Equity Fund | Emerging Markets Equities | 60 | 22.11% | — | May 1996 | KHYAX vs SEMGX | |
| DWS S&P 500 Index Fund | S&P 500 | 70 | 11.30% | — | Aug 1997 | KHYAX vs SCPIX | |
| DWS International Growth Fund | Foreign Large Cap Equities | 25 | 7.28% | — | Jul 1986 | KHYAX vs SCOBX | |
| DWS Capital Growth Fund | Large Cap Growth Equities | 9 | 3.93% | — | Jul 2000 | KHYAX vs SCGSX | |
| DWS Global High Income Fund | High Yield Bonds | 78 | 1.92% | — | Mar 1998 | KHYAX vs MGHYX | |
| DWS Equity 500 Index Fund | Large Cap Blend Equities | 72 | 11.59% | — | Dec 1992 | KHYAX vs BTIIX |
Often Compared With KHYAX
Investors most often compare KHYAX with EIFAX, CPMPX, KDHAX. These 18 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare KHYAX with Any Fund or Stock
Compare KHYAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KHYAX with funds that move differently
DWS High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KHYAX.
Explore KHYAX Diversifiers