Northeast Investors Trust (NTHEX) 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 NTHEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NTHEX
NTHEX charges 1.83% annually. There are 176 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 | NTHEX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | NTHEX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | NTHEX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | NTHEX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | NTHEX vs CRDOX |
Best Risk-Adjusted Alternatives to NTHEX
NTHEX has a PortfoliosLab risk / return rank of 82. There are 73 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 | NTHEX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | NTHEX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | NTHEX vs RPHIX | |
| American Beacon SiM High Yield Opportunities Fund ... | 97 | — | Feb 2011 | NTHEX vs SHOYX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | NTHEX vs FSHNX |
Top Performing NTHEX Alternatives (YTD)
NTHEX is at 1.18% YTD. There are 146 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | NTHEX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | NTHEX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | NTHEX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | NTHEX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | NTHEX vs FAHYX |
Lowest Volatility Alternatives to NTHEX
NTHEX has 7.62% 1-year volatility. There are 182 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 | NTHEX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | NTHEX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | NTHEX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | NTHEX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | NTHEX vs OSTIX |
Lowest Drawdown Alternatives to NTHEX
NTHEX has a 1-year max drawdown of -1.80%. There are 32 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 | NTHEX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | NTHEX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | NTHEX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | NTHEX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | NTHEX vs SCFIX |
Often Compared With NTHEX
Investors most often compare NTHEX with SHYPX, FOCIX, PSHNX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 2.13% | — | Feb 2011 | NTHEX vs SHYPX | |
| Fairholme Focused Income Fund | High Yield Bonds | 41 | 7.20% | — | Dec 2009 | NTHEX vs FOCIX | |
| Penn Capital Short Duration High Income Fund | High Yield Bonds | 96 | 1.63% | — | Jul 2017 | NTHEX vs PSHNX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 1.39% | — | Jul 2011 | NTHEX vs PRFRX |
Compare NTHEX with Any Fund or Stock
Compare NTHEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NTHEX with funds that move differently
Northeast Investors Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NTHEX.
Explore NTHEX Diversifiers