TCW High Yield Bond Fund (TGHYX) 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 TGHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TGHYX
TGHYX charges 0.55% annually. There are 20 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 | TGHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | TGHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | TGHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | TGHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | TGHYX vs CRDOX |
Best Risk-Adjusted Alternatives to TGHYX
Among 192 mutual funds in the High Yield Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | TGHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | TGHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | TGHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | TGHYX vs CWFIX | |
| American Beacon SiM High Yield Opportunities Fund ... | 96 | — | Feb 2011 | TGHYX vs SHOYX |
Top Performing TGHYX Alternatives (YTD)
Among 192 mutual funds in the High Yield Bonds category with YTD return data, the top-performing alternatives shown here go as high as 8.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.24% | — | Nov 1977 | TGHYX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | TGHYX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.38% | — | Oct 2018 | TGHYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.33% | — | Jul 1995 | TGHYX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.20% | — | Jan 1987 | TGHYX vs FAHYX |
Lowest Volatility Alternatives to TGHYX
Among 193 mutual funds in the High Yield Bonds category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | TGHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | TGHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | TGHYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | TGHYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | TGHYX vs OSTIX |
Lowest Drawdown Alternatives to TGHYX
Among 192 mutual funds in the High Yield Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | TGHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | TGHYX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | TGHYX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | TGHYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | TGHYX vs SCFIX |
Other Mutual Funds from TCW
The 10 most viewed TCW mutual funds shown here include TGEIX, TGWIX, TGLMX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| TCW Emerging Markets Income Fund | Emerging Markets Bonds | 90 | 4.02% | — | May 1998 | TGHYX vs TGEIX | |
| TCW Emerging Markets Local Currency Income Fund | Emerging Markets Bonds | 31 | 2.76% | — | Dec 2010 | TGHYX vs TGWIX | |
| TCW Total Return Bond Fund | Intermediate Core-Plus Bond | 38 | 0.99% | — | Jun 1993 | TGHYX vs TGLMX | |
| TCW Relative Value Mid Cap Fund | Mid Cap Value Equities | 75 | 17.95% | — | Oct 1997 | TGHYX vs TGVOX | |
| TCW Relative Value Large Cap Fund | Large Cap Value Equities | 80 | 11.70% | — | Dec 1997 | TGHYX vs TGDVX | |
| TCW Core Fixed Income Fund | Intermediate Core Bond | 19 | -0.06% | — | Feb 1993 | TGHYX vs TGCFX | |
| TCW Conservative Allocation Fund | Diversified Portfolio | 43 | 4.73% | — | Nov 2006 | TGHYX vs TGPCX | |
| TCW Global Bond Fund | Global Bonds | 8 | -0.24% | — | Nov 2011 | TGHYX vs TGGBX | |
| TCW Select Equities Fund | Large Cap Growth Equities | 8 | 4.50% | — | Feb 1993 | TGHYX vs TGCEX | |
| TCW Global Real Estate Fund | REIT | 14 | 8.87% | — | Nov 2014 | TGHYX vs TGREX |
Often Compared With TGHYX
Investors most often compare TGHYX with TSI, PRFRX, CPMPX. These 14 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare TGHYX with Any Fund or Stock
Compare TGHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TGHYX with funds that move differently
TCW High Yield Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TGHYX.
Explore TGHYX Diversifiers