MainStay MacKay High Yield Corporate Bond Fund (MKHCX) Alternatives
MainStay MacKay High Yield Corporate Bond Fund (MKHCX) 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 MKHCX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MKHCX
MKHCX charges 1.83% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among MKHCX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | MKHCX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | MKHCX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | MKHCX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | MKHCX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | MKHCX vs CRDOX |
Best Risk-Adjusted Alternatives to MKHCX
Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | MKHCX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | MKHCX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | Sep 30, 2010 | MKHCX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | MKHCX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | MKHCX vs PRCPX |
Top Performing MKHCX Alternatives (YTD)
MKHCX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.93% | Dec 31, 2009 | MKHCX vs FOCIX | |
| Pioneer ILS Interval Fund | 5.18% | Dec 16, 2014 | MKHCX vs XILSX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | MKHCX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | MKHCX vs CCLFX | |
| Franklin Templeton SMACS: Series I | 0.52% | Jun 3, 2019 | MKHCX vs FQTIX |
Lowest Volatility Alternatives to MKHCX
MKHCX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.97% | Sep 30, 2010 | MKHCX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | MKHCX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.71% | Jul 15, 2014 | MKHCX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | MKHCX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | MKHCX vs SCFIX |
Lowest Drawdown Alternatives to MKHCX
MKHCX alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | MKHCX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | MKHCX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.46% | Mar 6, 2019 | MKHCX vs CCLFX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | MKHCX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | MKHCX vs CPMPX |
Other Mutual Funds from New York Life
Most popular New York Life mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| MainStay Winslow Large Cap Growth Fund | Large Cap Growth Equities | 10 | -15.36% | Jul 3, 1995 | MKHCX vs MLAAX | |
| MainStay MacKay High Yield Corporate Bond Fund Cla... | High Yield Bonds | 80 | -0.62% | May 1, 1986 | MKHCX vs MHCAX | |
| NYLI S&P 500 Index Class A | S&P 500 | 41 | -7.16% | Jan 2, 2004 | MKHCX vs MSXAX | |
| MainStay S&P 500 Index Fund | Large Cap Blend Equities | 42 | -7.11% | Jan 2, 1991 | MKHCX vs MSPIX | |
| MainStay WMC Growth Fund | Large Cap Growth Equities | 19 | -13.45% | Aug 7, 2006 | MKHCX vs KLGAX | |
| MainStay MacKay Short Term Municipal Fund | Municipal Bonds | 91 | -0.03% | Jan 1, 1991 | MKHCX vs MSTIX | |
| MainStay Epoch U.S. Equity Yield Fund | Large Cap Value Equities | 54 | 1.68% | Dec 3, 2008 | MKHCX vs EPLCX | |
| MainStay Epoch Global Equity Yield Fund | Global Equities | 83 | 2.83% | Dec 26, 2005 | MKHCX vs EPSYX | |
| MainStay Floating Rate Fund | Bank Loan | 79 | -1.50% | May 2, 2004 | MKHCX vs MXFIX | |
| MainStay CBRE Real Estate Fund | REIT | 8 | 3.34% | Dec 31, 1996 | MKHCX vs CRARX |
Often Compared With MKHCX
What investors most often compare with MKHCX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| PIMCO Total Return Fund Institutional Class | Total Bond Market | 53 | -1.02% | — | MKHCX vs PTTRX | |
| Fidelity Capital & Income Fund | High Yield Bonds | 91 | -0.85% | Nov 1, 1977 | MKHCX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 92 | -0.73% | Oct 2, 2018 | MKHCX vs FIQTX |
Compare MKHCX with Any Fund or Stock
Compare MKHCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.