TAHTX vs. THYIX
TAHTX (Transamerica High Yield Bond) and THYIX (Transamerica High Yield Muni) are both mutual funds - TAHTX is a High Yield Bonds fund managed by Transamerica, while THYIX is a High Yield Muni fund managed by Transamerica. Over the past 10 years, TAHTX returned 4.28%/yr vs 2.30%/yr for THYIX. At a 0.23 correlation, their price movements are largely independent. TAHTX charges 0.58%/yr vs 0.76%/yr for THYIX.
Performance
TAHTX vs. THYIX - Performance Comparison
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Returns By Period
In the year-to-date period, TAHTX achieves a 1.22% return, which is significantly lower than THYIX's 2.56% return. Over the past 10 years, TAHTX has outperformed THYIX with an annualized return of 4.28%, while THYIX has yielded a comparatively lower 2.30% annualized return.
TAHTX
- 1D
- 0.00%
- 1M
- 0.81%
- YTD
- 1.22%
- 6M
- 2.09%
- 1Y
- 7.37%
- 3Y*
- 7.79%
- 5Y*
- 2.94%
- 10Y*
- 4.28%
THYIX
- 1D
- 0.10%
- 1M
- 1.49%
- YTD
- 2.56%
- 6M
- 3.15%
- 1Y
- 6.98%
- 3Y*
- 5.54%
- 5Y*
- 0.15%
- 10Y*
- 2.30%
TAHTX vs. THYIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAHTX Transamerica High Yield Bond | 1.22% | 8.73% | 7.83% | 9.14% | -13.10% | 6.22% | 3.66% | 14.12% | -2.36% | 5.98% |
THYIX Transamerica High Yield Muni | 2.56% | 3.17% | 6.05% | 8.24% | -18.68% | 7.94% | 3.15% | 9.62% | 0.66% | 9.67% |
Correlation
The correlation between TAHTX and THYIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.24 |
Over the past year, TAHTX and THYIX have become more correlated (0.45) than their long-term average of 0.23, meaning their price movements have been converging.
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Return for Risk
TAHTX vs. THYIX — Risk / Return Rank
TAHTX
THYIX
TAHTX vs. THYIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica High Yield Bond (TAHTX) and Transamerica High Yield Muni (THYIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TAHTX | THYIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.54 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 2.59 | +0.06 |
| Martin ratioReturn relative to average drawdown | 13.42 | 8.75 | +4.67 |
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Drawdowns
TAHTX vs. THYIX - Drawdown Comparison
The maximum TAHTX drawdown since its inception was -23.40%, roughly equal to the maximum THYIX drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for TAHTX and THYIX.
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Drawdown Indicators
| TAHTX | THYIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.40% | -23.56% | +0.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -2.74% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -4.41% | -6.66% | +2.25% |
Max Drawdown (5Y)Largest decline over 5 years | -16.57% | -23.56% | +6.99% |
Max Drawdown (10Y)Largest decline over 10 years | -23.40% | -23.56% | +0.16% |
Current DrawdownCurrent decline from peak | -0.24% | -1.25% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -4.92% | -4.56% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 0.81% | -0.26% |
Volatility
TAHTX vs. THYIX - Volatility Comparison
Transamerica High Yield Bond (TAHTX) has a higher volatility of 0.95% compared to Transamerica High Yield Muni (THYIX) at 0.71%. This indicates that TAHTX's price experiences larger fluctuations and is considered to be riskier than THYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TAHTX | THYIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 0.71% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 2.82% | 2.25% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.59% | 3.12% | +0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.13% | 5.37% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.06% | 4.98% | +1.08% |
TAHTX vs. THYIX - Expense Ratio Comparison
TAHTX has a 0.58% expense ratio, which is lower than THYIX's 0.76% expense ratio.
Dividends
TAHTX vs. THYIX - Dividend Comparison
TAHTX's dividend yield for the trailing twelve months is around 7.03%, more than THYIX's 4.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAHTX Transamerica High Yield Bond | 7.03% | 6.94% | 6.60% | 4.20% | 3.74% | 4.59% | 4.67% | 5.57% | 6.30% | 4.43% | 0.00% | 0.00% |
THYIX Transamerica High Yield Muni | 4.36% | 4.52% | 3.93% | 3.18% | 2.81% | 3.10% | 3.64% | 3.65% | 3.81% | 3.10% | 4.42% | 3.40% |
Frequently Asked Questions
TAHTX and THYIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TAHTX has higher volatility (0.95%) compared to THYIX (0.71%). In terms of maximum drawdown, TAHTX dropped -23.40% vs THYIX's -23.56%.
THYIX currently has the higher Sharpe Ratio (2.28 vs 2.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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