Touchstone High Yield Fund (THYAX) 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 THYAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to THYAX
THYAX charges 1.21% annually. There are 156 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 | THYAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | THYAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | THYAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | THYAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | THYAX vs CRDOX |
Best Risk-Adjusted Alternatives to THYAX
THYAX has a PortfoliosLab risk / return rank of 83. There are 68 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 | THYAX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | THYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | THYAX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | THYAX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | THYAX vs CWFIX |
Top Performing THYAX Alternatives (YTD)
THYAX is at 1.71% YTD. There are 88 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | THYAX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | THYAX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | THYAX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | THYAX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | THYAX vs FAHYX |
Lowest Volatility Alternatives to THYAX
THYAX has 2.64% 1-year volatility. There are 35 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | THYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | THYAX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | THYAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | THYAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | THYAX vs OSTIX |
Lowest Drawdown Alternatives to THYAX
THYAX has a 1-year max drawdown of -2.03%. There are 45 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 | THYAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | THYAX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | THYAX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | THYAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | THYAX vs SCFIX |
Other Mutual Funds from Touchstone
The 10 most viewed Touchstone mutual funds shown here include TSFIX, SWRLX, SENCX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Touchstone Small Cap Fund | Small Cap Blend Equities | 11 | 5.03% | — | Sep 2009 | THYAX vs TSFIX | |
| Touchstone International Equity Fund | Foreign Large Cap Equities | 91 | 22.19% | — | Mar 1993 | THYAX vs SWRLX | |
| Touchstone Large Cap Focused Fund | Large Cap Blend Equities | 35 | 4.80% | — | Jan 1934 | THYAX vs SENCX | |
| Touchstone Mid Cap Fund | Mid Cap Blend Equities | 5 | -2.01% | — | Jan 2003 | THYAX vs TMCPX | |
| Touchstone Small Company Fund | Small Cap Blend Equities | 25 | 6.61% | — | Mar 1993 | THYAX vs SAGWX | |
| Touchstone Mid Cap Growth Fund | Mid Cap Growth Equities | 19 | 13.57% | — | Oct 1994 | THYAX vs TEGAX | |
| Touchstone Balanced Fund | Diversified Portfolio | 40 | 3.43% | — | Nov 1938 | THYAX vs SEBLX | |
| Touchstone Large Cap Fund | Large Cap Blend Equities | 31 | 9.07% | — | Jul 2014 | THYAX vs TLCIX | |
| Touchstone Global ESG Equity Fund | Foreign Large Cap Equities | 33 | 13.13% | — | Dec 1997 | THYAX vs TEQAX | |
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 98 | 1.59% | — | Mar 1994 | THYAX vs TSDOX |
Often Compared With THYAX
Investors most often compare THYAX with PRFRX, SHOYX, FAHDX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 1.39% | — | Jul 2011 | THYAX vs PRFRX | |
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 2.27% | — | Feb 2011 | THYAX vs SHOYX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 93 | 7.39% | — | Jan 1987 | THYAX vs FAHDX | |
| Fairholme Focused Income Fund | High Yield Bonds | 41 | 7.20% | — | Dec 2009 | THYAX vs FOCIX | |
| Penn Capital Short Duration High Income Fund | High Yield Bonds | 96 | 1.63% | — | Jul 2017 | THYAX vs PSHNX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 2.13% | — | Feb 2011 | THYAX vs SHYPX |
Compare THYAX with Any Fund or Stock
Compare THYAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair THYAX with funds that move differently
Touchstone High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to THYAX.
Explore THYAX Diversifiers