USAA High Income Fund (USHYX) 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 USHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to USHYX
USHYX charges 0.76% annually. There are 81 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 | USHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | USHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | USHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | USHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | USHYX vs CRDOX |
Best Risk-Adjusted Alternatives to USHYX
USHYX has a PortfoliosLab risk / return rank of 79. There are 78 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 | USHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | USHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | USHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | USHYX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | USHYX vs PSHNX |
Top Performing USHYX Alternatives (YTD)
USHYX is at 1.55% YTD. There are 95 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.52% | — | Nov 1977 | USHYX vs FAGIX | |
| Pioneer ILS Interval Fund | 8.28% | — | Dec 2014 | USHYX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.73% | — | Oct 2018 | USHYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.68% | — | Jul 1995 | USHYX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | USHYX vs FAHYX |
Lowest Volatility Alternatives to USHYX
USHYX has 2.62% 1-year volatility. There are 27 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 | USHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | USHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | USHYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | USHYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | USHYX vs OSTIX |
Lowest Drawdown Alternatives to USHYX
USHYX has a 1-year max drawdown of -2.21%. There are 55 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 | USHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | USHYX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | USHYX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | USHYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | USHYX vs SCFIX |
Other Mutual Funds from Victory
The 10 most viewed Victory mutual funds shown here include USNQX, USSPX, CBYYX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| USAA Nasdaq 100 Index Fund | Nasdaq-100, Large Cap Growth Equities | 69 | 20.60% | — | Oct 2000 | USHYX vs USNQX | |
| USAA 500 Index Fund | Large Cap Blend Equities | 64 | 10.39% | — | May 1996 | USHYX vs USSPX | |
| Victory Pioneer Cat Bond Fund Class Y | Nontraditional Bonds | 100 | 2.73% | — | Jan 2023 | USHYX vs CBYYX | |
| USAA Aggressive Growth Fund | Large Cap Growth Equities | 16 | 5.36% | — | Oct 1981 | USHYX vs USAUX | |
| USAA Precious Metals and Minerals Fund | Precious Metals | 19 | -4.07% | — | Aug 1984 | USHYX vs USAGX | |
| Victory Global Energy Transition Fund | Energy Equities | 95 | 33.65% | — | Nov 1995 | USHYX vs RSNRX | |
| USAA Growth Fund | Large Cap Growth Equities | 11 | 0.74% | — | Apr 1971 | USHYX vs USAAX | |
| USAA Cornerstone Moderately Aggressive Fund | Diversified Portfolio | 73 | 9.09% | — | Aug 1984 | USHYX vs USCRX | |
| USAA Growth and Tax Strategy Fund | Diversified Portfolio | 83 | 6.39% | — | Jan 1989 | USHYX vs USBLX | |
| USAA Science & Technology Fund | Technology Equities | 39 | 19.72% | — | Jul 1997 | USHYX vs USSCX |
Often Compared With USHYX
Investors most often compare USHYX with USAIX, USIBX, JEPI. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare USHYX with Any Fund or Stock
Compare USHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair USHYX with funds that move differently
USAA High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to USHYX.
Explore USHYX Diversifiers