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TCW High Yield Bond Fund (TGHYX) Sharpe Ratio

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

The investment seeks to maximize income and achieve above average total return consistent with reasonable risk over a full market cycle. Under normal circumstances, the fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in high yield/below investment grade bonds (commonly known as "junk bonds"). It may invest up to 20% of its net assets in equity securities (including common stock and convertible and non-convertible preferred stocks) and bank loans of companies in the high yield universe. The fund may also invest in debt securities.

Sharpe ratio is not yet available for TGHYX. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar mutual funds

The table compares TCW High Yield Bond Fund's Sharpe Ratio with other mutual funds in the High Yield Bonds category across multiple time periods, showing how TGHYX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CCLFXCliffwater Corporate Lending Fund8.50
XILSXPioneer ILS Interval Fund8.17
RPHIXRiverPark Short Term High Yield Fund4.90
CWFIXChartwell Short Duration High Yield Fund3.68
PYHRXPayden High Income Fund3.61
SHOYXAmerican Beacon SiM High Yield Opportunities Fund Class Y3.48
SHYPXAmerican Beacon SiM High Yld Opps Fund3.46
PSHNXPenn Capital Short Duration High Income Fund3.35
LSIOXLoomis Sayles High Income Opps Fund3.31
SCFIXShenkman Capital Short Duration High Income Fund3.28
TGHYXTCW High Yield Bond Fund—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows TGHYX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when TGHYX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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