THYAX Alternatives & Similar Mutual Funds

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 159 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	THYAX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	THYAX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	THYAX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	THYAX vs VWEHX
CRDOX	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 81. There are 50 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	THYAX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	100	—	Jun 2019	THYAX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	THYAX vs RPHIX
ICMUX	Intrepid Income Fund	97	—	Aug 2010	THYAX vs ICMUX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	THYAX vs PSHNX

Top Performing THYAX Alternatives (YTD)

THYAX is at 1.84% YTD. There are 59 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	10.04%	—	Dec 2014	THYAX vs XILSX
FOCIX	Fairholme Focused Income Fund	9.48%	—	Dec 2009	THYAX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	5.47%	—	Nov 1977	THYAX vs FAGIX
JGH	Nuveen Global High Income Fund	5.11%	—	Nov 2014	THYAX vs JGH
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	4.93%	—	Oct 2018	THYAX vs FIQTX

Lowest Volatility Alternatives to THYAX

THYAX has 2.70% 1-year volatility. There are 37 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.

Symbol	Name	Volatility 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	0.83%	—	Sep 2010	THYAX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	0.85%	—	Jun 2019	THYAX vs CCLFX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	THYAX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	THYAX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.77%	—	Aug 2002	THYAX vs OSTIX

Lowest Drawdown Alternatives to THYAX

THYAX has a 1-year max drawdown of -2.03%. There are 46 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	THYAX vs XILSX
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	THYAX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	-0.19%	—	Jun 2019	THYAX vs CCLFX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	THYAX vs MDHVX
SCFIX	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 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TSFIX	Touchstone Small Cap Fund	Small Cap Blend Equities	36	12.61%	—	Sep 2009	THYAX vs TSFIX
SWRLX	Touchstone International Equity Fund	Foreign Large Cap Equities	94	21.39%	—	Mar 1993	THYAX vs SWRLX
SENCX	Touchstone Large Cap Focused Fund	Large Cap Blend Equities	29	4.94%	—	Jan 1934	THYAX vs SENCX
TMCPX	Touchstone Mid Cap Fund	Mid Cap Blend Equities	10	3.65%	—	Jan 2003	THYAX vs TMCPX
TEGAX	Touchstone Mid Cap Growth Fund	Mid Cap Growth Equities	13	10.78%	—	Oct 1994	THYAX vs TEGAX
SEBLX	Touchstone Balanced Fund	Diversified Portfolio	29	3.00%	—	Nov 1938	THYAX vs SEBLX
SAGWX	Touchstone Small Company Fund	Small Cap Blend Equities	64	15.00%	—	Mar 1993	THYAX vs SAGWX
TSDOX	Touchstone Ultra Short Duration Fixed Income Fund	Ultrashort Bond	99	1.91%	—	Mar 1994	THYAX vs TSDOX
TEQAX	Touchstone Global ESG Equity Fund	Foreign Large Cap Equities	52	12.58%	—	Dec 1997	THYAX vs TEQAX
TCVIX	Touchstone Mid Cap Value Fund	Mid Cap Value Equities	76	15.96%	—	Sep 2009	THYAX vs TCVIX

Often Compared With THYAX

Investors most often compare THYAX with PRFRX, TLCIX, SHOYX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PRFRX	T. Rowe Price Floating Rate Fund - Investor Class	High Yield Bonds	90	1.84%	—	Jul 2011	THYAX vs PRFRX
TLCIX	Touchstone Large Cap Fund	Large Cap Blend Equities	66	11.86%	—	Jul 2014	THYAX vs TLCIX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	1.93%	—	Feb 2011	THYAX vs SHOYX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	71	4.88%	—	Jul 1995	THYAX vs FAHCX
FAHDX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	69	4.71%	—	Jan 1987	THYAX vs FAHDX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	1.75%	—	Feb 2011	THYAX vs SHYPX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	67	4.77%	—	Jan 1987	THYAX vs FAHYX
FSHNX	Fidelity Series High Income Fund	High Yield Bonds	95	2.61%	—	Mar 2011	THYAX vs FSHNX

Compare THYAX with Any Fund or Stock

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

Symbol name

Diversifiers

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

Touchstone High Yield Fund (THYAX) Alternatives