American Beacon SiM High Yld Opps Fund (SHYPX) 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 SHYPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SHYPX
SHYPX charges 1.10% annually. There are 152 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 | SHYPX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | SHYPX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | SHYPX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | SHYPX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | SHYPX vs CRDOX |
Best Risk-Adjusted Alternatives to SHYPX
SHYPX has a PortfoliosLab risk / return rank of 97. There are 6 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 | SHYPX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | SHYPX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | SHYPX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | SHYPX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | SHYPX vs PSHNX |
Top Performing SHYPX Alternatives (YTD)
SHYPX is at 2.40% YTD. There are 49 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | SHYPX vs XILSX | |
| Fairholme Focused Income Fund | 8.79% | — | Dec 2009 | SHYPX vs FOCIX | |
| Fidelity Capital & Income Fund | 7.46% | — | Nov 1977 | SHYPX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.76% | — | Oct 2018 | SHYPX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.70% | — | Jul 1995 | SHYPX vs FAHCX |
Lowest Volatility Alternatives to SHYPX
SHYPX has 2.75% 1-year volatility. There are 40 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | SHYPX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | SHYPX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | SHYPX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | SHYPX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | SHYPX vs OSTIX |
Lowest Drawdown Alternatives to SHYPX
SHYPX has a 1-year max drawdown of -1.90%. There are 33 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 | SHYPX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | SHYPX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | SHYPX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | SHYPX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | SHYPX vs SCFIX |
Other Mutual Funds from American Beacon
The 10 most viewed American Beacon mutual funds shown here include AGEPX, AHTPX, AVFIX and span 8 categories.
Often Compared With SHYPX
Investors most often compare SHYPX with MNHAX, SPHY, PRFRX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare SHYPX with Any Fund or Stock
Compare SHYPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SHYPX with funds that move differently
American Beacon SiM High Yld Opps Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHYPX.
Explore SHYPX Diversifiers