SHYPX Alternatives & Similar Mutual Funds

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 155 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	SHYPX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	SHYPX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	SHYPX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	SHYPX vs VWEHX
CRDOX	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 95. There are 7 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
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	SHYPX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	100	—	Jun 2019	SHYPX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	99	—	Sep 2010	SHYPX vs RPHIX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	SHYPX vs PSHNX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	SHYPX vs CWFIX

Top Performing SHYPX Alternatives (YTD)

SHYPX is at 1.75% YTD. There are 62 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	10.56%	—	Dec 2014	SHYPX vs XILSX
FOCIX	Fairholme Focused Income Fund	10.04%	—	Dec 2009	SHYPX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	5.94%	—	Nov 1977	SHYPX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	5.45%	—	Oct 2018	SHYPX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	5.40%	—	Jul 1995	SHYPX vs FAHCX

Lowest Volatility Alternatives to SHYPX

SHYPX has 2.76% 1-year volatility. There are 41 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
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	0.85%	—	Jun 2019	SHYPX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.86%	—	Sep 2010	SHYPX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	SHYPX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.69%	—	Oct 2012	SHYPX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.77%	—	Aug 2002	SHYPX vs OSTIX

Lowest Drawdown Alternatives to SHYPX

SHYPX has a 1-year max drawdown of -1.90%. 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
XILSX	Pioneer ILS Interval Fund	-0.10%	—	Dec 2014	SHYPX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	-0.19%	—	Jun 2019	SHYPX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	-0.21%	—	Sep 2010	SHYPX vs RPHIX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	SHYPX vs MDHVX
SCFIX	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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AGEPX	American Beacon Frontier Markets Income Fund	Emerging Markets Bonds	98	7.96%	—	Feb 2014	SHYPX vs AGEPX
AHTPX	American Beacon AHL TargetRisk Fund	Tactical Allocation	66	6.55%	—	Dec 2018	SHYPX vs AHTPX
AVFIX	American Beacon Small Cap Value Fund	Small Cap Value Equities	85	26.51%	—	Dec 1998	SHYPX vs AVFIX
AADEX	American Beacon Large Cap Value Fund	Large Cap Value Equities	77	11.17%	—	Jul 1987	SHYPX vs AADEX
TIVFX	American Beacon Tocqueville International Value Fu...	Foreign Large Cap Equities	44	17.69%	—	Aug 1994	SHYPX vs TIVFX
ADNPX	American Beacon ARK Transformational Innovation Fu...	Mid Cap Growth Equities	3	-6.40%	—	Jan 2017	SHYPX vs ADNPX
AHLPX	American Beacon AHL Managed Futures Strategy Fund	Systematic Trend	93	10.52%	—	Aug 2014	SHYPX vs AHLPX
AADBX	American Beacon Balanced Fund	Diversified Portfolio	68	6.20%	—	Jul 1987	SHYPX vs AADBX
AAIEX	American Beacon International Equity Fund	Foreign Large Cap Equities	55	11.89%	—	Aug 1991	SHYPX vs AAIEX
AGEYX	American Beacon Developing World Income Fund Class...	Emerging Markets Bonds	99	8.07%	—	Feb 2014	SHYPX vs AGEYX

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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MNHAX	Manning & Napier High Yield Bond I	High Yield Bonds	75	2.35%	—	Aug 2012	SHYPX vs MNHAX
SPHY	SPDR Portfolio High Yield Bond ETF	High Yield Bonds	72	2.13%	11.60B	Jun 2012	SHYPX vs SPHY
PRFRX	T. Rowe Price Floating Rate Fund - Investor Class	High Yield Bonds	89	1.84%	—	Jul 2011	SHYPX vs PRFRX
BHYIX	BlackRock High Yield Bond Portfolio Institutional ...	High Yield Bonds	65	1.31%	—	Nov 1998	SHYPX vs BHYIX
PHYSX	PIA High Yield Fund	High Yield Bonds	9	1.05%	—	Dec 2010	SHYPX vs PHYSX
BRLVX	American Beacon Bridgeway Large Cap Value Fund	Large Cap Value Equities	96	20.79%	—	Oct 2003	SHYPX vs BRLVX
ARTFX	Artisan High Income Fund	High Yield Bonds	37	0.79%	—	Mar 2014	SHYPX vs ARTFX
USHY	iShares Broad USD High Yield Corporate Bond ETF	High Yield Bonds	69	2.08%	28.59B	Oct 2017	SHYPX vs USHY
BRLGX	American Beacon Bridgeway Large Cap Growth Fund	Large Cap Growth Equities	36	16.02%	—	Oct 2003	SHYPX vs BRLGX
CPMPX	Changing Parameters Fund	High Yield Bonds	74	0.76%	—	Oct 2006	SHYPX vs CPMPX
SGYAX	SEI Institutional Investments Trust High Yield Bon...	High Yield Bonds	35	0.93%	—	Dec 2005	SHYPX vs SGYAX
ABCVX	American Beacon The London Company Income Equity F...	Large Cap Value Equities	68	15.26%	—	May 2012	SHYPX vs ABCVX
SHXPX	American Beacon Shapiro Equity Opportunities Fund	Large Cap Value Equities	—	—	—	Sep 2017	SHYPX vs SHXPX
TFBYX	American Beacon TwentyFour Sustainable Short Term ...	Short-Term Bond	60	0.98%	—	Feb 2020	SHYPX vs TFBYX
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	92	3.02%	—	Jun 2019	SHYPX vs FQTIX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	95	1.82%	—	Feb 2011	SHYPX vs SHOYX
AHLIX	American Beacon AHL Managed Futures Strategy Fund ...	Systematic Trend	94	10.81%	—	Aug 2014	SHYPX vs AHLIX
STSGX	American Beacon Stephens Small Cap Growth Fund	Small Cap Growth Equities	27	11.29%	—	Dec 2005	SHYPX vs STSGX
SDIV	Global X SuperDividend ETF	Global Equities, Dividend	66	8.49%	1.21B	Jun 2011	SHYPX vs SDIV
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	65	2.20%	—	Sep 2013	SHYPX vs RSIIX

Compare SHYPX with Any Fund or Stock

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

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Diversifiers

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

American Beacon SiM High Yld Opps Fund (SHYPX) Alternatives