T. Rowe Price High Yield Fund (PRHYX) Alternatives

T. Rowe Price High Yield Fund (PRHYX) 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 PRHYX. 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 PRHYX

PRHYX charges 0.70% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among PRHYX alternatives.

Symbol	Name	Expense Ratio	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	Dec 24, 2008	PRHYX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.13%	Nov 12, 2001	PRHYX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	Dec 26, 2017	PRHYX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.23%	Dec 27, 1978	PRHYX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	Nov 22, 2020	PRHYX vs CRDOX

Best Risk-Adjusted Alternatives to PRHYX

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
XILSX	Pioneer ILS Interval Fund	100	Dec 16, 2014	PRHYX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	Mar 6, 2019	PRHYX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	Sep 30, 2010	PRHYX vs RPHIX
PRFRX	T. Rowe Price Floating Rate Fund	99	Jul 29, 2011	PRHYX vs PRFRX
PRCPX	T. Rowe Price Credit Opportunities Fund	98	Apr 29, 2014	PRHYX vs PRCPX

Top Performing PRHYX Alternatives (YTD)

PRHYX alternatives from the High Yield Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
FOCIX	Fairholme Focused Income Fund	6.93%	Dec 31, 2009	PRHYX vs FOCIX
XILSX	Pioneer ILS Interval Fund	5.18%	Dec 16, 2014	PRHYX vs XILSX
RPHIX	RiverPark Short Term High Yield Fund	1.02%	Sep 30, 2010	PRHYX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	0.96%	Mar 6, 2019	PRHYX vs CCLFX
FQTIX	Franklin Templeton SMACS: Series I	0.52%	Jun 3, 2019	PRHYX vs FQTIX

Lowest Volatility Alternatives to PRHYX

PRHYX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
RPHIX	RiverPark Short Term High Yield Fund	0.97%	Sep 30, 2010	PRHYX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	0.97%	Mar 6, 2019	PRHYX vs CCLFX
CWFIX	Chartwell Short Duration High Yield Fund	1.71%	Jul 15, 2014	PRHYX vs CWFIX
CPMPX	Changing Parameters Fund	1.90%	Oct 2, 2006	PRHYX vs CPMPX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.96%	Oct 31, 2012	PRHYX vs SCFIX

Lowest Drawdown Alternatives to PRHYX

PRHYX alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
XILSX	Pioneer ILS Interval Fund	-0.21%	Dec 16, 2014	PRHYX vs XILSX
RPHIX	RiverPark Short Term High Yield Fund	-0.41%	Sep 30, 2010	PRHYX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.46%	Mar 6, 2019	PRHYX vs CCLFX
THHYX	Toews Tactical Income Fund	-1.12%	Jun 4, 2010	PRHYX vs THHYX
CPMPX	Changing Parameters Fund	-1.31%	Oct 2, 2006	PRHYX vs CPMPX

Other Mutual Funds from T. Rowe Price

Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TRBCX	T. Rowe Price Blue Chip Growth Fund	Large Cap Growth Equities	20	-14.57%	Jun 30, 1993	PRHYX vs TRBCX
PRWCX	T. Rowe Price Capital Appreciation Fund	Diversified Portfolio	78	-5.03%	Jun 30, 1986	PRHYX vs PRWCX
PRDGX	T. Rowe Price Dividend Growth Fund, Inc.	Large Cap Blend Equities, Dividend	33	-2.47%	Dec 30, 1992	PRHYX vs PRDGX
PRWAX	T. Rowe Price All-Cap Opportunities Fund	Large Cap Growth Equities	45	-12.37%	Sep 30, 1985	PRHYX vs PRWAX
PRCOX	T. Rowe Price U.S. Equity Research Fund	Large Cap Blend Equities	42	-7.21%	Nov 30, 1994	PRHYX vs PRCOX
PREIX	T. Rowe Price Equity Index 500 Fund	Large Cap Blend Equities	52	-7.11%	Mar 30, 1990	PRHYX vs PREIX
TBCIX	T. Rowe Price Blue Chip Growth Fund I Class	Large Cap Growth Equities	21	-14.54%	—	PRHYX vs TBCIX
TRLGX	T. Rowe Price Large-Cap Growth Fund	Large Cap Growth Equities	15	-14.83%	Oct 31, 2001	PRHYX vs TRLGX
PRSCX	T. Rowe Price Science And Technology Fund	Technology Equities	65	-11.17%	Sep 29, 1987	PRHYX vs PRSCX
PRNHX	T. Rowe Price New Horizons Fund	Mid Cap Growth Equities	16	-5.34%	Jun 3, 1960	PRHYX vs PRNHX

Often Compared With PRHYX

What investors most often compare with PRHYX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TUHIX	T. Rowe Price U.S. High Yield Fund	High Yield Bonds	82	-1.89%	Apr 30, 2013	PRHYX vs TUHIX
PHYQX	PGIM High Yield Fund Class R6	High Yield Bonds	88	-1.39%	Oct 31, 2011	PRHYX vs PHYQX
FAGIX	Fidelity Capital & Income Fund	High Yield Bonds	91	-0.85%	Nov 1, 1977	PRHYX vs FAGIX
SPHIX	Fidelity High Income Fund	High Yield Bonds	93	-0.85%	Aug 29, 1990	PRHYX vs SPHIX
BLV	Vanguard Long-Term Bond ETF	Long-Term Bond	19	-0.32%	Apr 3, 2007	PRHYX vs BLV
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	Government Bonds	97	0.19%	Dec 28, 2009	PRHYX vs VSBSX
RPSIX	T. Rowe Price Spectrum Income Fund	Multisector Bonds	96	-0.87%	Jun 28, 1990	PRHYX vs RPSIX
HYDB	iShares High Yield Bond Factor ETF	High Yield Bonds	61	-0.64%	Jul 11, 2017	PRHYX vs HYDB
RPIEX	T. Rowe Price Dynamic Global Bond Fund	Nontraditional Bonds	53	-1.77%	Jan 21, 2015	PRHYX vs RPIEX
PRIPX	T. Rowe Price Inflation Protected Bond Fund	Inflation-Protected Bonds	88	0.29%	Oct 30, 2002	PRHYX vs PRIPX
HYT	BlackRock Corporate High Yield Fund	High Yield Bonds	4	-1.69%	May 30, 2003	PRHYX vs HYT
SCYB	Schwab High Yield Bond ETF	High Yield Bonds	74	-0.47%	Jul 10, 2023	PRHYX vs SCYB
THYF	T. Rowe Price U.S. High Yield ETF	High Yield Bonds	70	-0.78%	Oct 25, 2022	PRHYX vs THYF
FCBFX	Fidelity Corporate Bond Fund	Corporate Bonds	52	-1.20%	May 4, 2010	PRHYX vs FCBFX
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	High Yield Bonds	78	-0.35%	Apr 11, 2007	PRHYX vs HYG
FDHY	Fidelity High Yield Factor ETF	High Yield Bonds, Actively Managed	82	-0.03%	Jun 12, 2018	PRHYX vs FDHY
DODIX	Dodge & Cox Income Fund	Total Bond Market	67	-0.19%	—	PRHYX vs DODIX
FGRIX	Fidelity Growth & Income Portfolio	Large Cap Value Equities	68	-3.02%	Dec 30, 1985	PRHYX vs FGRIX
FDVV	Fidelity High Dividend ETF	Large Cap Blend Equities, Dividend	60	-1.78%	Sep 12, 2016	PRHYX vs FDVV
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	96	0.36%	Sep 30, 2013	PRHYX vs RSIIX

Compare PRHYX with Any Fund or Stock

Compare PRHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

T. Rowe Price High Yield Fund

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