T. Rowe Price Credit Opportunities Fund (PRCPX) 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 PRCPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PRCPX
PRCPX charges 0.81% annually. There are 93 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 | PRCPX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | PRCPX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | PRCPX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | PRCPX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | PRCPX vs CRDOX |
Best Risk-Adjusted Alternatives to PRCPX
PRCPX has a PortfoliosLab risk / return rank of 93. There are 21 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 | PRCPX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | PRCPX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | PRCPX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | PRCPX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 96 | — | Jul 2017 | PRCPX vs PSHNX |
Top Performing PRCPX Alternatives (YTD)
PRCPX is at 1.41% YTD. There are 107 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.81% | — | Nov 1977 | PRCPX vs FAGIX | |
| Pioneer ILS Interval Fund | 8.39% | — | Dec 2014 | PRCPX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.99% | — | Oct 2018 | PRCPX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.94% | — | Jul 1995 | PRCPX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.76% | — | Jan 1987 | PRCPX vs FAHYX |
Lowest Volatility Alternatives to PRCPX
PRCPX has 3.33% 1-year volatility. There are 99 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 | PRCPX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | PRCPX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | PRCPX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | PRCPX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | PRCPX vs OSTIX |
Lowest Drawdown Alternatives to PRCPX
PRCPX has a 1-year max drawdown of -1.99%. There are 35 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 | PRCPX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | PRCPX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | PRCPX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | PRCPX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | PRCPX vs SCFIX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 12 | 0.19% | — | Jun 1993 | PRCPX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 39 | 4.53% | — | Jun 1986 | PRCPX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 52 | 8.54% | — | Dec 1992 | PRCPX vs PRDGX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 13 | 0.15% | — | Sep 1985 | PRCPX vs PRWAX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 64 | 10.53% | — | Nov 1994 | PRCPX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 13 | 0.26% | — | — | PRCPX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 64 | 9.68% | — | Mar 1990 | PRCPX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 11 | -0.26% | — | Oct 2001 | PRCPX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 89 | 44.94% | — | Sep 1987 | PRCPX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 31 | 8.90% | — | Feb 2004 | PRCPX vs TRRJX |
Often Compared With PRCPX
Investors most often compare PRCPX with TUHIX, PRTIX, BGB. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PRCPX with Any Fund or Stock
Compare PRCPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PRCPX with funds that move differently
T. Rowe Price Credit Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRCPX.
Explore PRCPX Diversifiers