AHYB vs THYF
American Century Select High Yield ETF vs T. Rowe Price US High Yield ETF
Which is better, AHYB or THYF?
Nearly the same fund. AHYB costs less.
AHYB has a lower expense ratio. THYF led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | THYF |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.50% |
| AUM | $60M | $825M |
| Dividend Yield | 6.23% | 7.00% |
| Holdings | 6,701 | 105 |
| YTD Return | -0.64% | +0.08%Best |
| 1Y Return | +1.19% | +2.12%Best |
| 3Y Return (annualized) | +7.28% | +7.87%Best |
| 5Y Return (annualized) | +3.11% | - |
| Volatility (annualized) | 5.0%Best | 5.7% |
| Max Drawdown | -4.5%Best | -5.2% |
| $10,000 over 4 years | $13,098 | $13,177Best |
| Fund Family | American Century Investments | T.Rowe Price |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Nov 16, 2021 | Oct 25, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 26, 2022 to Oct 14, 2026 (4 years).
AHYB vs THYF 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 4 years both funds cover.
AHYB vs THYF Performance
American Century Select High Yield ETF (AHYB) is an ETF from American Century Investments and T. Rowe Price US High Yield ETF (THYF) is an ETF from T.Rowe Price. Over the past year AHYB returned +1.19% while THYF returned +2.12%. Year to date, AHYB is down 0.64% versus a gain of 0.08% for THYF.
Over three years, AHYB compounded at +7.28% per year against +7.87% for THYF. Across the full 4-year window we track, THYF has the edge at +7.14% annualized vs +6.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THYF has been the more volatile fund, with annualized monthly volatility of 5.7% compared with 5.0% for AHYB. 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 -4.5% for AHYB and -5.2% for THYF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AHYB charges 0.45% per year while THYF charges 0.50%. On a $10,000 position that is $45 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, AHYB currently yields 6.23% against 7.00% for THYF.
Holdings Overlap
We hold position weights for 1,092 holdings in AHYB and 53 in THYF, totalling 33.4% and 46.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1,092 positions we hold weights for in AHYB and 53 in THYF, against full books of 6,701 and 105.
You are not choosing between two funds in isolation.
Whichever of AHYB and THYF 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 THYF?
AHYB has an expense ratio of 0.45% while THYF charges 0.50%. AHYB is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, AHYB or THYF?
Over the past year AHYB returned +1.19% vs +2.12% for THYF, so THYF leads on 1-year performance. Over the longest common window we track (4 years), AHYB annualized +6.98% vs +7.14% for THYF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AHYB or THYF?
THYF has been the more volatile fund at 5.7% annualized versus 5.0% for AHYB. Worst drawdown: AHYB -4.5% vs THYF -5.2%.
Should I hold both AHYB and THYF?
AHYB and THYF have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AHYB or THYF?
AHYB yields 6.23% while THYF yields 7.00%, so THYF currently pays the higher dividend yield.
Is THYF better than AHYB?
AHYB has a lower expense ratio. THYF led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.