T. Rowe Price U.S. High Yield ETF (THYF) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with THYF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to THYF
THYF charges 0.56% annually. There are 96 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.54B | Jul 2023 | THYF vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.10% | 11.07B | Jun 2012 | THYF vs SPHY | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 608.96M | Sep 2016 | THYF vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 26.83B | Oct 2017 | THYF vs USHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.48B | Dec 2016 | THYF vs HYLB |
Best Risk-Adjusted Alternatives to THYF
THYF has a PortfoliosLab risk / return rank of 61. There are 49 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | 97 | 364.90M | May 2019 | THYF vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 1.03B | Aug 2018 | THYF vs BSJQ | |
| BondBloxx US High Yield Energy Sector ETF | 94 | 5.96M | Feb 2022 | THYF vs XHYE | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 87 | 8.41M | Nov 2024 | THYF vs LDRH | |
| Pacific Global Senior Loan ETF | 85 | 615.17M | Feb 2015 | THYF vs FLRT |
Top Performing THYF Alternatives (YTD)
THYF is at 1.50% YTD. There are 52 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 15.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 15.40% | — | Aug 2025 | THYF vs DADS | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 3.92% | 510.68M | May 2012 | THYF vs HYEM | |
| BondBloxx US High Yield Energy Sector ETF | 3.57% | 5.96M | Feb 2022 | THYF vs XHYE | |
| Fidelity Sustainable High Yield ETF | 3.35% | 112.95M | Feb 2022 | THYF vs FSYD | |
| ProShares High Yield-Interest Rate Hedged | 2.90% | 173.54M | May 2013 | THYF vs HYHG |
Lowest Volatility Alternatives to THYF
THYF has 3.52% 1-year volatility. There are 48 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2024 Term High Yield & Income ETF | 0.00% | 310.08M | May 2019 | THYF vs IBHD | |
| Invesco BulletShares 2024 High Yield Corporate Bon... | 0.00% | 437.22M | Sep 2016 | THYF vs BSJO | |
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | THYF vs ESHY | |
| iShares Euro High Yield Corporate Bond USD Hedged ... | 0.00% | 71.08M | Apr 2012 | THYF vs HYXU | |
| iShares iBonds 2025 Term High Yield & Income ETF | 0.78% | 364.90M | May 2019 | THYF vs IBHE |
Lowest Drawdown Alternatives to THYF
THYF has a 1-year max drawdown of -2.80%. There are 67 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | -0.22% | 364.90M | May 2019 | THYF vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 1.03B | Aug 2018 | THYF vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 437.71M | Jul 2021 | THYF vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 849.28M | Sep 2019 | THYF vs BSJR | |
| BondBloxx US High Yield Energy Sector ETF | -1.21% | 5.96M | Feb 2022 | THYF vs XHYE |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TFLR, TDVG and span 7 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 47 | 6.51% | 7.32B | Jun 2023 | THYF vs TCAF | |
| T. Rowe Price Floating Rate ETF | Bank Loan | 78 | 1.39% | 613.40M | Nov 2022 | THYF vs TFLR | |
| T. Rowe Price Dividend Growth ETF | Large Cap Growth Equities, Dividend | 51 | 7.48% | 1.34B | Aug 2020 | THYF vs TDVG | |
| T. Rowe Price Ultra Short-Term Bond ETF | Ultrashort Bond | 99 | 1.65% | 1.14B | Sep 2021 | THYF vs TBUX | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 30 | 3.99% | 2.24B | Aug 2020 | THYF vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 67 | 11.31% | 3.43B | Jun 2021 | THYF vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 31 | 5.83% | 1.05B | Aug 2020 | THYF vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 39 | 9.33% | 1.48B | Jun 2023 | THYF vs TOUS | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 32 | 5.49% | 1.27B | Jun 2023 | THYF vs TGRT | |
| T. Rowe Price Capital Appreciation Premium Income ... | Derivative Income | 6 | -2.88% | 269.99M | Mar 2025 | THYF vs TCAL |
Often Compared With THYF
Investors most often compare THYF with JPIE, HYGV, JAAA. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare THYF with Any Fund or Stock
Compare THYF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair THYF with funds that move differently
T. Rowe Price U.S. High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to THYF.
Explore THYF Diversifiers