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 95 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% | 2.75B | Jul 2023 | THYF vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | THYF vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | THYF vs NHYB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | THYF vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | THYF vs USHY |
Best Risk-Adjusted Alternatives to THYF
THYF has a PortfoliosLab risk / return rank of 62. There are 61 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | THYF vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | THYF vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | THYF vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | THYF vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.57M | Nov 2024 | THYF vs LDRH |
Top Performing THYF Alternatives (YTD)
THYF is at 1.74% YTD. There are 53 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 6.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 6.35% | — | Aug 2025 | THYF vs DADS | |
| Man Active High Yield ETF | 5.89% | 19.82M | Sep 2025 | THYF vs MHY | |
| VanEck Emerging Markets High Yield Bond ETF | 4.23% | 521.46M | May 2012 | THYF vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.07% | 185.42M | May 2013 | THYF vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.69% | 596.69M | May 2014 | THYF vs HYGH |
Lowest Volatility Alternatives to THYF
THYF has 3.58% 1-year volatility. There are 49 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | THYF vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.30% | 870.26M | Aug 2018 | THYF vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | THYF vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | THYF vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | THYF vs BSJR |
Lowest Drawdown Alternatives to THYF
THYF has a 1-year max drawdown of -2.80%. There are 64 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 870.26M | Aug 2018 | THYF vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | THYF vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | THYF vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | THYF vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | THYF vs IBHH |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TFLR, TDVG and span 8 categories. AUM among these funds goes as high as $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 42 | 8.56% | 8.03B | Jun 2023 | THYF vs TCAF | |
| T. Rowe Price Floating Rate ETF | Bank Loan | 85 | 1.99% | 675.28M | Nov 2022 | THYF vs TFLR | |
| T. Rowe Price Dividend Growth ETF | Large Cap Blend Equities, Dividend, Actively Managed | 80 | 10.93% | 1.42B | Aug 2020 | THYF vs TDVG | |
| T. Rowe Price Ultra Short-Term Bond ETF | Ultrashort Bond | 99 | 2.29% | 1.30B | Sep 2021 | THYF vs TBUX | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 15 | -2.07% | 2.10B | Aug 2020 | THYF vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 62 | 10.14% | 4.26B | Jun 2021 | THYF vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 17 | -0.41% | 983.73M | Aug 2020 | THYF vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 65 | 12.79% | 1.58B | Jun 2023 | THYF vs TOUS | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 20 | 1.18% | 1.49B | Jun 2023 | THYF vs TGRT | |
| T. Rowe Price Capital Appreciation Premium Income ... | Derivative Income | 20 | 3.41% | 284.38M | Mar 2025 | THYF vs TCAL |
Often Compared With THYF
Investors most often compare THYF with JPIE, HYGV, SCHG. These 20 comparison targets span 17 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