Great-West High Yield Bond Fund (MXHYX) 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 MXHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MXHYX
MXHYX charges 1.08% annually. There are 151 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 | MXHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | MXHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | MXHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | MXHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | MXHYX vs CRDOX |
Best Risk-Adjusted Alternatives to MXHYX
MXHYX has a PortfoliosLab risk / return rank of 85. There are 56 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 | MXHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | MXHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | MXHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | MXHYX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | MXHYX vs PSHNX |
Top Performing MXHYX Alternatives (YTD)
MXHYX is at 6.30% YTD. There are 8 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.52% | — | Nov 1977 | MXHYX vs FAGIX | |
| Pioneer ILS Interval Fund | 8.28% | — | Dec 2014 | MXHYX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.73% | — | Oct 2018 | MXHYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.68% | — | Jul 1995 | MXHYX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | MXHYX vs FAHYX |
Lowest Volatility Alternatives to MXHYX
MXHYX has 5.04% 1-year volatility. There are 170 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | MXHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | MXHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | MXHYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | MXHYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | MXHYX vs OSTIX |
Lowest Drawdown Alternatives to MXHYX
MXHYX has a 1-year max drawdown of -3.14%. There are 164 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 | MXHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | MXHYX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | MXHYX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | MXHYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | MXHYX vs SCFIX |
Other Mutual Funds from Great-West
The 10 most viewed Great-West mutual funds shown here include MXVIX, MXEOX, MXISX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Great-West S&P 500 Index Fund | Large Cap Blend Equities | 68 | 9.96% | — | Sep 2003 | MXHYX vs MXVIX | |
| Great-West Emerging Markets Equity Fund | Emerging Markets Diversified | 88 | 33.08% | — | Jan 2018 | MXHYX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | Small Cap Blend Equities | 70 | 19.44% | — | Dec 1993 | MXHYX vs MXISX | |
| Great-West International Index Fund | Foreign Large Cap Equities | 36 | 10.53% | — | Jan 2011 | MXHYX vs MXINX | |
| Great-West Conservative Profile Fund | Diversified Portfolio | 53 | 4.12% | — | Sep 1999 | MXHYX vs MXCPX | |
| Great-West Real Estate Index Fund | REIT | 30 | 13.99% | — | Nov 2012 | MXHYX vs MXREX | |
| Great-West S&P Mid Cap 400 Index Fund | Mid Cap Blend Equities | 51 | 15.14% | — | Jan 2011 | MXHYX vs MXMDX | |
| Great-West Bond Index Fund | Intermediate Core Bond | 20 | 0.38% | — | Dec 1992 | MXHYX vs MXBIX | |
| Great-West Moderately Aggressive Profile Fund | Diversified Portfolio | 43 | 8.85% | — | Sep 1999 | MXHYX vs MXBPX | |
| Great-West Moderately Conservative Profile Fund | Diversified Portfolio | 44 | 5.73% | — | Sep 1999 | MXHYX vs MXDPX |
Often Compared With MXHYX
Investors most often compare MXHYX with SHOYX, RSIIX, FOCIX. These 8 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 2.06% | — | Feb 2011 | MXHYX vs SHOYX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 68 | 1.69% | — | Sep 2013 | MXHYX vs RSIIX | |
| Fairholme Focused Income Fund | High Yield Bonds | 38 | 6.44% | — | Dec 2009 | MXHYX vs FOCIX | |
| Great-West Large Cap Growth Fund | Large Cap Growth Equities | 18 | 5.28% | — | May 2003 | MXHYX vs MXLGX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 0.95% | — | Jul 2011 | MXHYX vs PRFRX | |
| Great-West International Value Fund | Foreign Large Cap Equities | 44 | 8.32% | — | Dec 1993 | MXHYX vs MXIVX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.91% | — | Feb 2011 | MXHYX vs SHYPX | |
| Fidelity Series High Income Fund | High Yield Bonds | 96 | 3.22% | — | Mar 2011 | MXHYX vs FSHNX |
Compare MXHYX with Any Fund or Stock
Compare MXHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MXHYX with funds that move differently
Great-West High Yield Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MXHYX.
Explore MXHYX Diversifiers