Touchstone Ares Credit Opportunities Fund Class Y (TMAYX) 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 TMAYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TMAYX
TMAYX charges 0.78% annually. There are 86 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 | TMAYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | TMAYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | TMAYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | TMAYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | TMAYX vs CRDOX |
Best Risk-Adjusted Alternatives to TMAYX
TMAYX has a PortfoliosLab risk / return rank of 52. There are 149 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 | TMAYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | TMAYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | TMAYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | TMAYX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | TMAYX vs PSHNX |
Top Performing TMAYX Alternatives (YTD)
TMAYX is at 1.67% YTD. There are 101 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fairholme Focused Income Fund | 10.25% | — | Dec 2009 | TMAYX vs FOCIX | |
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | TMAYX vs XILSX | |
| Fidelity Capital & Income Fund | 6.80% | — | Nov 1977 | TMAYX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.24% | — | Oct 2018 | TMAYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.18% | — | Jul 1995 | TMAYX vs FAHCX |
Lowest Volatility Alternatives to TMAYX
TMAYX has 2.60% 1-year volatility. There are 27 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.84% | — | Sep 2010 | TMAYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | TMAYX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | TMAYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | TMAYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | TMAYX vs OSTIX |
Lowest Drawdown Alternatives to TMAYX
TMAYX has a 1-year max drawdown of -2.02%. There are 41 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 | TMAYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | TMAYX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | TMAYX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | TMAYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | TMAYX 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 | 22 | 12.09% | — | Sep 2009 | TMAYX vs TSFIX | |
| Touchstone International Equity Fund | Foreign Large Cap Equities | 90 | 18.86% | — | Mar 1993 | TMAYX vs SWRLX | |
| Touchstone Large Cap Focused Fund | Large Cap Blend Equities | 24 | 4.60% | — | Jan 1934 | TMAYX vs SENCX | |
| Touchstone Mid Cap Fund | Mid Cap Blend Equities | 6 | 2.08% | — | Jan 2003 | TMAYX vs TMCPX | |
| Touchstone Mid Cap Growth Fund | Mid Cap Growth Equities | 20 | 13.33% | — | Oct 1994 | TMAYX vs TEGAX | |
| Touchstone Small Company Fund | Small Cap Blend Equities | 48 | 13.55% | — | Mar 1993 | TMAYX vs SAGWX | |
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 99 | 1.79% | — | Mar 1994 | TMAYX vs TSDOX | |
| Touchstone Balanced Fund | Diversified Portfolio | 27 | 2.97% | — | Nov 1938 | TMAYX vs SEBLX | |
| Touchstone Large Cap Fund | Large Cap Blend Equities | 54 | 12.94% | — | Jul 2014 | TMAYX vs TLCIX | |
| Touchstone Global ESG Equity Fund | Foreign Large Cap Equities | 35 | 10.94% | — | Dec 1997 | TMAYX vs TEQAX |
Often Compared With TMAYX
Investors most often compare TMAYX with LSYAX, ICMUX, PRCPX. These 19 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare TMAYX with Any Fund or Stock
Compare TMAYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TMAYX with funds that move differently
Touchstone Ares Credit Opportunities Fund Class Y alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TMAYX.
Explore TMAYX Diversifiers