TIAA-CREF High Yield Fund (TIHYX) 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 TIHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TIHYX
TIHYX charges 0.36% annually. There are 6 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 | TIHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | TIHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | TIHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | TIHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | TIHYX vs CRDOX |
Best Risk-Adjusted Alternatives to TIHYX
TIHYX has a PortfoliosLab risk / return rank of 86. There are 53 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 | TIHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | TIHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | TIHYX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 97 | — | Jul 2011 | TIHYX vs PRFRX | |
| American Beacon SiM High Yield Opportunities Fund ... | 97 | — | Feb 2011 | TIHYX vs SHOYX |
Top Performing TIHYX Alternatives (YTD)
TIHYX is at 2.18% YTD. There are 38 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 8.49% | — | Dec 2014 | TIHYX vs XILSX | |
| Fidelity Capital & Income Fund | 7.39% | — | Nov 1977 | TIHYX vs FAGIX | |
| Fairholme Focused Income Fund | 7.06% | — | Dec 2009 | TIHYX vs FOCIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.77% | — | Oct 2018 | TIHYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.64% | — | Jul 1995 | TIHYX vs FAHCX |
Lowest Volatility Alternatives to TIHYX
TIHYX has 3.43% 1-year volatility. There are 116 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 | TIHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | TIHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | TIHYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | TIHYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | TIHYX vs OSTIX |
Lowest Drawdown Alternatives to TIHYX
TIHYX has a 1-year max drawdown of -2.36%. There are 77 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 | TIHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | TIHYX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | TIHYX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | TIHYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | TIHYX vs SCFIX |
Other Mutual Funds from TIAA Investments
The 10 most viewed TIAA Investments mutual funds shown here include TILIX, TISPX, TCIEX and span 7 categories.
Often Compared With TIHYX
Investors most often compare TIHYX with SWRSX, PIMIX, PEIYX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare TIHYX with Any Fund or Stock
Compare TIHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TIHYX with funds that move differently
TIAA-CREF High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TIHYX.
Explore TIHYX Diversifiers