Pax High Yield Bond Fund (PAXHX) Alternatives
Pax High Yield Bond Fund (PAXHX) 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 PAXHX. 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 PAXHX
PAXHX charges 0.93% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among PAXHX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | PAXHX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | PAXHX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | PAXHX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | PAXHX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | PAXHX vs CRDOX |
Best Risk-Adjusted Alternatives to PAXHX
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 | PAXHX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | PAXHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | Sep 30, 2010 | PAXHX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | PAXHX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | PAXHX vs PRCPX |
Top Performing PAXHX Alternatives (YTD)
PAXHX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.09% | Dec 31, 2009 | PAXHX vs FOCIX | |
| Pioneer ILS Interval Fund | 6.00% | Dec 16, 2014 | PAXHX vs XILSX | |
| Franklin Templeton SMACS: Series I | 1.02% | Jun 3, 2019 | PAXHX vs FQTIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | PAXHX vs CCLFX | |
| Nuveen Global High Income Fund | 0.85% | Nov 24, 2014 | PAXHX vs JGH |
Lowest Volatility Alternatives to PAXHX
PAXHX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | PAXHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | PAXHX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.74% | Jul 15, 2014 | PAXHX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | PAXHX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | PAXHX vs SCFIX |
Lowest Drawdown Alternatives to PAXHX
PAXHX 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 | PAXHX vs XILSX | |
| Cliffwater Corporate Lending Fund | -0.38% | Mar 6, 2019 | PAXHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | PAXHX vs RPHIX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | PAXHX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | PAXHX vs CPMPX |
Other Mutual Funds from Pax World
Most popular Pax World mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Impax Global Environmental Markets Fund Institutio... | Global Equities, Sustainable, Alternative Energy Equities | 38 | -0.76% | Mar 27, 2008 | PAXHX vs PGINX | |
| Pax Sustainable Allocation Fund | Diversified Portfolio | 45 | -3.18% | Aug 9, 1971 | PAXHX vs PAXWX | |
| Pax U.S. Sustainable Economy Fund | Large Cap Blend Equities | 50 | -4.77% | Jun 11, 1997 | PAXHX vs PXWGX | |
| PAX LARGE CAP FUND | Large Cap Blend Equities | 21 | -8.26% | Dec 16, 2016 | PAXHX vs PAXLX | |
| Pax Small Cap Fund | Small Cap Blend Equities | 43 | -1.97% | Mar 27, 2008 | PAXHX vs PXSCX | |
| PAX CORE BOND FUND | Intermediate Core Bond | 32 | -0.41% | Dec 16, 2016 | PAXHX vs PAXBX | |
| Pax Global Sustainable Infrastructure Fund | Energy Equities | 76 | 5.11% | Dec 15, 2016 | PAXHX vs PAXDX | |
| Pax Global Opportunities Fund | Global Equities | 8 | -6.73% | Jun 26, 2018 | PAXHX vs PAXGX |
Often Compared With PAXHX
What investors most often compare with PAXHX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity US Sustainability Index Fund | Large Cap Blend Equities | 64 | -5.94% | May 9, 2017 | PAXHX vs FITLX | |
| PIMCO Enhanced Short Maturity Active ESG ETF | Ultrashort Bond | 100 | 1.02% | Dec 10, 2019 | PAXHX vs EMNT | |
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.88% | May 26, 2020 | PAXHX vs SGOV | |
| Pioneer Corporate High Yield Fund | High Yield Bonds | 97 | 0.29% | Jan 2, 2017 | PAXHX vs RCRYX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 95 | 0.36% | Sep 30, 2013 | PAXHX vs RSIIX |
Compare PAXHX with Any Fund or Stock
Compare PAXHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.