AHYB vs JPHY
American Century Select High Yield ETF vs JPMorgan Active High Yield ETF
Which is better, AHYB or JPHY?
JPHY has been ahead.
JPHY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AHYB | JPHY |
|---|---|---|
| Expense Ratio | 0.45%Tie | 0.45%Tie |
| AUM | $60M | $2.2B |
| Dividend Yield | 6.23% | 6.58% |
| Holdings | 6,701 | 1,098 |
| YTD Return | -0.64% | +0.66%Best |
| 1Y Return | +1.19% | +2.32%Best |
| 3Y Return (annualized) | +7.28% | - |
| 5Y Return (annualized) | +3.11% | - |
| Volatility (annualized) | 3.3% | 2.9%Best |
| Max Drawdown | -2.9% | -2.5%Best |
| $10,000 over 1.3 years | $10,346 | $10,477Best |
| Fund Family | American Century Investments | J.P. Morgan Asset Management |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Nov 16, 2021 | Jun 24, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 25, 2025 to Oct 14, 2026 (1.3 years).
AHYB vs JPHY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
AHYB vs JPHY Performance
American Century Select High Yield ETF (AHYB) is an ETF from American Century Investments and JPMorgan Active High Yield ETF (JPHY) is an ETF from J.P. Morgan Asset Management. Over the past year AHYB returned +1.19% while JPHY returned +2.32%. Year to date, AHYB is down 0.64% versus a gain of 0.66% for JPHY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AHYB has been the more volatile fund, with annualized monthly volatility of 3.3% compared with 2.9% for JPHY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -2.9% for AHYB and -2.5% for JPHY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AHYB charges 0.45% per year while JPHY charges 0.45%. On a $10,000 position that is $45 vs $45 annually. On income, AHYB currently yields 6.23% against 6.58% for JPHY.
Holdings Overlap
We hold position weights for 1,092 holdings in AHYB and 387 in JPHY, totalling 33.4% and 79.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 1,092 positions we hold weights for in AHYB and 387 in JPHY, against full books of 6,701 and 1,098.
Top Shared Holdings
| Stock | Weight in AHYB | Weight in JPHY | Difference |
|---|---|---|---|
| T 4.25 05/15/35Us Treas Nts 4.25% 05/15/35 | 0.19% | 0.48% | 0.29% |
| T 4 04/30/32U.S. Treasury Note, 4%, Due 04/30/2032 | 0.07% | 0.48% | 0.41% |
You are not choosing between two funds in isolation.
Whichever of AHYB and JPHY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AHYB or JPHY?
AHYB has an expense ratio of 0.45% while JPHY charges 0.45%. At the precision these are quoted to, they cost the same.
Which performed better, AHYB or JPHY?
Over the past year AHYB returned +1.19% vs +2.32% for JPHY, so JPHY leads on 1-year performance. Over the longest common window we track (1 years), AHYB annualized +2.65% vs +3.65% for JPHY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AHYB or JPHY?
AHYB has been the more volatile fund at 3.3% annualized versus 2.9% for JPHY. Worst drawdown: AHYB -2.9% vs JPHY -2.5%.
Should I hold both AHYB and JPHY?
AHYB and JPHY have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AHYB or JPHY?
AHYB yields 6.23% while JPHY yields 6.58%, so JPHY currently pays the higher dividend yield.
Is JPHY better than AHYB?
JPHY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.