PGIM Active High Yield Bond ETF (PHYL) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PHYL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PHYL
PHYL charges 0.53% annually. There are 90 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.54B | Jul 2023 | PHYL vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.07B | Jun 2012 | PHYL vs SPHY | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 608.96M | Sep 2016 | PHYL vs BBHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.48B | Dec 2016 | PHYL vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 26.83B | Oct 2017 | PHYL vs USHY |
Best Risk-Adjusted Alternatives to PHYL
PHYL has a PortfoliosLab risk / return rank of 71. There are 25 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | 97 | 364.90M | May 2019 | PHYL vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 1.03B | Aug 2018 | PHYL vs BSJQ | |
| BondBloxx US High Yield Energy Sector ETF | 94 | 5.96M | Feb 2022 | PHYL vs XHYE | |
| Pacific Global Senior Loan ETF | 86 | 615.17M | Feb 2015 | PHYL vs FLRT | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 85 | 8.41M | Nov 2024 | PHYL vs LDRH |
Top Performing PHYL Alternatives (YTD)
PHYL is at 1.53% YTD. There are 51 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 14.38% | — | Aug 2025 | PHYL vs DADS | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 3.81% | 510.68M | May 2012 | PHYL vs HYEM | |
| BondBloxx US High Yield Energy Sector ETF | 3.57% | 5.96M | Feb 2022 | PHYL vs XHYE | |
| Fidelity Sustainable High Yield ETF | 3.41% | 112.95M | Feb 2022 | PHYL vs FSYD | |
| ProShares High Yield-Interest Rate Hedged | 3.03% | 173.54M | May 2013 | PHYL vs HYHG |
Lowest Volatility Alternatives to PHYL
PHYL has 3.25% 1-year volatility. There are 34 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2024 Term High Yield & Income ETF | 0.00% | 310.08M | May 2019 | PHYL vs IBHD | |
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | PHYL vs ESHY | |
| iShares Euro High Yield Corporate Bond USD Hedged ... | 0.00% | 71.08M | Apr 2012 | PHYL vs HYXU | |
| Invesco BulletShares 2024 High Yield Corporate Bon... | 0.00% | 437.22M | Sep 2016 | PHYL vs BSJO | |
| iShares iBonds 2025 Term High Yield & Income ETF | 0.78% | 364.90M | May 2019 | PHYL vs IBHE |
Lowest Drawdown Alternatives to PHYL
PHYL has a 1-year max drawdown of -2.68%. There are 61 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.11%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | -0.11% | 364.90M | May 2019 | PHYL vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 1.03B | Aug 2018 | PHYL vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 437.71M | Jul 2021 | PHYL vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 849.28M | Sep 2019 | PHYL vs BSJR | |
| BondBloxx US High Yield Energy Sector ETF | -1.21% | 5.96M | Feb 2022 | PHYL vs XHYE |
Often Compared With PHYL
Investors most often compare PHYL with YLD, BUL, FNGR. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare PHYL with Any Fund or Stock
Compare PHYL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PHYL with funds that move differently
PGIM Active High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHYL.
Explore PHYL Diversifiers