JPHY vs THYF

JPHY vs THYF

Which is better, JPHY or THYF?

JPHY has been ahead.

JPHY has a lower expense ratio. JPHY led over 1Y and the full window.

Lower Fees: JPHYHigher Returns: JPHY

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

MetricJPHYTHYF
Expense Ratio0.45%Best0.50%
AUM$2.2B$825M
Dividend Yield6.58%7.00%
Holdings1,098105
YTD Return+1.08%Best+0.55%
1Y Return+2.49%Best+2.07%
3Y Return (annualized)-+8.03%
Volatility (annualized)2.9%Best3.4%
Max Drawdown-2.5%Best-2.8%
$10,000 over 1.3 years$10,520Best$10,464
Fund FamilyJ.P. Morgan Asset ManagementT.Rowe Price
CategoryFixed IncomeFixed Income
StyleHigh Yield BondHigh Yield Bond
InceptionJun 24, 2025Oct 25, 2022

Not shown on this pair: 5Y Return (annualized), 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 15, 2026 (1.3 years).

JPHY 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 1.3 years both funds cover.

Compare JPHY against instead:JPHY vs SPYJPHY vs QQQJPHY vs VOOJPHY vs VTITHYF against:THYF vs VXUS

JPHY vs THYF Performance

JPMorgan Active High Yield ETF (JPHY) is an ETF from J.P. Morgan Asset Management and T. Rowe Price US High Yield ETF (THYF) is an ETF from T.Rowe Price. Over the past year JPHY returned +2.49% while THYF returned +2.07%. Year to date, JPHY is up 1.08% versus a gain of 0.55% for THYF.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

THYF has been the more volatile fund, with annualized monthly volatility of 3.4% 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 -2.5% for JPHY and -2.8% 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JPHY 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, JPHY currently yields 6.58% against 7.00% for THYF.

Holdings Overlap

We hold position weights for 387 holdings in JPHY and 53 in THYF, totalling 79.5% and 46.2% 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, 13 positions appear in both.

13 positions in common, counted across the 387 positions we hold weights for in JPHY and 53 in THYF, against full books of 1,098 and 105.

Top Shared Holdings

StockWeight in JPHYWeight in THYFDifference
CAR 8.25 01/15/30 14Avis Budget Car Rental, Llc 8% 2030-01-150.35%1.44%1.09%
BHCCN 10 04/15/32 141261229 Bc Ltd 144A 10% Apr 15, 20320.64%1.02%0.38%
IQV 6.25 06/01/32 14Iqvia Inc 144A 6.38% Jun 01, 20320.50%0.98%0.48%
ASCRES 6.625 07/15/3Ascent Resources Utica Holdings Llc / Aru Finance Corp 6.63 07/15/20330.46%0.97%0.51%
CHTR 7.375 03/01/31 0.28%1.07%0.79%
WLSC 7.375 10/01/31 0.06%1.29%1.23%
LVLT 6.875 06/30/33 0.32%0.98%0.66%
FUN 7.25 05/15/31 14Six Flags Entertainment 7.25 05/15/20310.25%0.96%0.71%
GTN 7.25 08/15/33 14Gray Media Inc 144A 7.25 Aug 15, 20330.22%0.96%0.74%
SATS 10.75 11/30/29 0.14%1.01%0.87%

You are not choosing between two funds in isolation.

Whichever of JPHY and THYF you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

JPHYTHYF

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, JPHY or THYF?

JPHY has an expense ratio of 0.45% while THYF charges 0.50%. JPHY is the cheaper option, by $5 a year on a $10,000 investment.

Which performed better, JPHY or THYF?

Over the past year JPHY returned +2.49% vs +2.07% for THYF, so JPHY leads on 1-year performance. Over the longest common window we track (1 years), JPHY annualized +3.98% vs +3.55% for THYF. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, JPHY or THYF?

THYF has been the more volatile fund at 3.4% annualized versus 2.9% for JPHY. Worst drawdown: JPHY -2.5% vs THYF -2.8%.

Should I hold both JPHY and THYF?

JPHY and THYF have a monthly-return correlation of 0.85, 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, JPHY or THYF?

JPHY yields 6.58% while THYF yields 7.00%, so THYF currently pays the higher dividend yield.

Is THYF better than JPHY?

JPHY has a lower expense ratio. 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.