Alliance Bernstein - AB High Yield ETF
$36.03−0.04 (−0.11%)
- 0.40%
- $351M
- +3.0%
- 6.82%
- 0.1M sh
- $35.99
- low $35.70high $38.27
The ETF.net HYFI Grade
B
Score 62 out of 100
- 37 of 85
Score 62 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.B58 out of 100Rank 31 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 31 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 49 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 27 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D33 out of 100Rank 71 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C51 out of 100Rank 49 of 85
Our read on HYFI
BThe high-yield aisle is stacked with index trackers. HYFI is one of the few with a live credit desk behind it: AllianceBernstein picks the bonds and dials risk up or down, at the category's median fee.
Seeks high income by actively managing a portfolio primarily invested in US high-yield corporate bonds, using security selection, dynamic beta management, and a disciplined research process.
Why people hold it
- Actively run rather than index-cloned: the team selects individual bonds and manages portfolio beta as credit conditions shift.alliancebernstein.com
- The 0.40% fee sits right at the high-yield category median, so the research desk costs no more than the typical fund in the group.
- Roughly 700 bonds and a monthly distribution schedule: income on a regular cadence, with no single issuer carrying the portfolio.
- Stays tightly on its stated job (US high-yield corporate credit) and lands in the upper half of a very crowded peer group.
Worth knowing
- Index rivals charge a sliver of this: SCYB at 0.03% and SPHY at 0.05% versus 0.40% here. The active work has to cover that gap.
- Trades far less than the category's giants, which can mean wider bid-ask spreads at the moment you place an order.
- Launched in 2023, so the record is short, and it covers below-investment-grade credit where defaults and spread swings move prices.
HYFI Holdings
- Bonds
- 662
- 22%
- SS3G5D1 Cds USD R F 5.00000 IS3G5D1 Ccpcdx
Sectors
- Technology50.5%
- Energy34.5%
- Financials12.4%
- Consumer Discretionary2.6%
- Industrials0.0%
Geography
- United States81.09%
- Canada5.44%
- United Kingdom2.49%
- Japan1.83%
- Ireland1.76%
- France1.40%
- Italy1.37%
- Cayman Islands1.11%
- 3.51%
HYFI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
HYFI$10,299
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 | HYFI |
|---|---|
| Year to date | +0.7% |
| 1 month | −1.0% |
| 3 months | −1.5% |
| 1 year | +3.0% |
| 3 years | +8.6% |
| 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 | HYFI |
|---|---|---|
| 2026 YTD | +0.7% | |
| 2025 | +8.9% | |
| 2024 | +8.0% | |
| 2023 | +8.7% |
HYFI in the news
HYFI Dividends
- 6.82%
- $2.46
- $0.19 per share
- Monthly
Distribution history
HYFI Risk
- 4.8%
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.
- 0.75
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.
- −6.3%
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.
- 0.65
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYFI Cost
0.40%
HYFI0.40%
- The middle half of US High Yield funds
- Median 0.43%
36 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- 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%
- BHYSPIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundExpense ratio 0.56%1 year return +3.1%
- BEUHYiShares, Inc. - iShares Euro High Yield Corporate Bond USD Hedged ETFExpense ratio 0.35%1 year return +2.1%
- BJPHYJPMorgan Active High Yield ETFExpense ratio 0.45%1 year return +3.4%