

American Century Select High Yield ETF
$44.69−0.12 (−0.28%)
- 0.45%
- $60M
- +2.8%
- 6.24%
- 0M sh
- $44.67
- low $44.54high $47.07
The ETF.net AHYB Grade
Score 63 out of 100
- 33 of 85
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C45 out of 100Rank 45 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 18 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 11 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 61 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A82 out of 100Rank 16 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D32 out of 100Rank 72 of 85
Our read on AHYB
BMost high-yield ETFs just buy the index and hand you the whole junk market. AHYB pays a team to pick instead: an active bond portfolio measured against the BB-B slice, for 0.45% a year.
The fund seeks high current income. Under normal conditions, it invests at least 80% of net assets plus investment borrowings in high-yield debt securities and actively allocates across high-yield corporate bonds.
Why people hold it
- Genuinely active: keeps at least 80% of assets in high-yield debt and shifts allocations across corporate bonds rather than replicating a fixed list.
- Measured against the ICE BofA US High Yield Constrained (BB-B) Index, the BB and B tiers, not the whole junk market down to CCC.
- Spread across roughly 600 bonds, so one blown-up issuer is a scratch, not a crater.
- What it owns lines up closely with what the prospectus promises, and it lands in the upper half of a crowded high-yield ETF field.
Worth knowing
- At 0.45%, it costs real money next to index rivals like SCYB (0.03%) and SPHY (0.05%). The active calls carry that gap.
- Thinly traded, so bid-ask spreads matter more here than with the category's heavyweights.
- Launched in 2021 with a modest asset base: a shorter record and smaller footprint than the giants it competes with.
AHYB Holdings
- Bonds
- 621
- 6%
- Ssc Government Mm Gvmxx
Geography
- United States100.00%
AHYB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AHYB |
|---|---|
| Year to date | +0.3% |
| 1 month | −0.9% |
| 3 months | −1.2% |
| 1 year | +2.8% |
| 3 years | +7.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AHYB |
|---|---|---|
| 2026 YTD | +0.3% | |
| 2025 | +8.9% | |
| 2024 | +6.3% | |
| 2023 | +11.7% | |
| 2022 | −10.3% | |
| 2021 | +0.8% |
AHYB in the news
AHYB Dividends
- 6.24%
- $2.80
- $0.24 per share
- Monthly
Distribution history
AHYB Risk
- 4.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.59
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.62
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AHYB Cost
- The middle half of US High Yield funds
- Median 0.43%
44 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- BNUHYNuveen ESG High Yield Corporate BondExpense ratio 0.30%1 year return +2.2%
- BCHYGCorgi Etf Trust I - Corgi 0-5 Year High Yield Corporate Bond ETFExpense ratio 0.15%1 year return —
- BCGHYCapital Group High Yield Bond ETFExpense ratio 0.39%1 year return +2.4%
- BEVHYEaton Vance High Yield ETFExpense ratio 0.48%1 year return +3.3%
- BZTOPF/m High Yield 100 ETFExpense ratio 0.39%1 year return +2.7%




