ETF comparison
FALN vs SPHY
Both US High Yield Bond.
iShares Fallen Angels USD Bond ETF · State Street SPDR Portfolio High Yield Bond ETF
Holdings overlap
131 positions appear in both funds. Buying equal dollars of FALN and SPHY would leave roughly 4.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPHY is 20 bps cheaper than FALN. On a $100,000 position that's about $200/yr more in fees for FALN.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FALN vs SPHY.
Top shared holdings
131 shared in total| # | Holding | In FALN | In SPHY | Overlap |
|---|---|---|---|---|
| 1 | CENTENE CORP | 0.76% | 0.22% | 0.22% |
| 2 | CENTENE CORP | 0.45% | 0.18% | 0.18% |
| 3 | CENTENE CORP | 0.50% | 0.18% | 0.18% |
| 4 | VODAFONE GROUP PLC | 2.98% | 0.17% | 0.17% |
| 5 | NISSAN MOTOR CO | 0.98% | 0.16% | 0.16% |
| 6 | CENTENE CORP | 0.43% | 0.14% | 0.14% |
| 7 | NISSAN MOTOR CO | 1.04% | 0.13% | 0.13% |
| 8 | CENTENE CORP | 0.43% | 0.11% | 0.11% |
| 9 | BOMBARDIER INC | 1.18% | 0.09% | 0.09% |
| 10 | PARAMOUNT GLOBAL | 0.26% | 0.08% | 0.08% |
| 11 | CELANESE US HOLDINGS LLC | 0.48% | 0.08% | 0.08% |
| 12 | NISSAN MOTOR ACCEPTANCE | 0.31% | 0.07% | 0.07% |
Only in FALN
27 total- RESORTS WORLD/RWLV CAP 1.89%
- TRANSOCEAN INTERNTNL LTD 0.83%
- BRANDYWINE OPER PARTNERS 0.77%
- CONSTELLATION INSURC INC 0.68%
- SAFEWAY INC 0.57%
- GLOBAL MARINE INC 0.52%
- GENWORTH HOLDINGS INC 0.52%
- BELO CORP 0.51%
- PROVIDENT FINANCING TR I 0.44%
- CRANE NXT CO 0.42%
Only in SPHY
1,798 total- 1261229 BC LTD 0.42%
- ECHOSTAR CORP 0.40%
- MERIDIAN ARC HOLDCO LLC 0.40%
- PR RNO PROPERTY OWNER 1 0.30%
- CLOUD SOFTWARE GRP INC 0.28%
- QUIKRETE HOLDINGS INC 0.28%
- CLOUD SOFTWARE GRP INC 0.27%
- SV RNO PROPERTY OWNER 1 0.27%
- AMERICAN AIRLINES/AADVAN 0.25%
- ASURION LLC/ASURION CO 0.25%
Related comparisons
More comparisons with FALN
- FALN vs SHYG · iShares 0-5 Year High Yield Corporate Bond ETF 4.2%
- FALN vs HYLB · Xtrackers USD High Yield Corporate Bond ETF 3.8%
- FALN vs HYG · iShares iBoxx $ High Yield Corporate Bond ETF 3.0%
- FALN vs JNK · State Street SPDR Bloomberg High Yield Bond ETF 1.2%
- FALN vs SRLN · State Street Blackstone Senior Loan ETF 0.4%
- FALN vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
More comparisons with SPHY
- SPHY vs ANGL · VanEck Fallen Angel High Yield Bond ETF 4.1%
- SPHY vs BKLN · Invesco Senior Loan ETF 2.6%
- SPHY vs SCHZ · Schwab U.S. Aggregate Bond ETF 0.0%
- SPHY vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- SPHY vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
- SPHY vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
Percentages are holdings overlap with the named fund.
Open FALN or SPHY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.