ETF comparison

HYGvsSPHY

Both US High Yield Bond.

iShares iBoxx $ High Yield Corporate Bond ETF · State Street SPDR Portfolio High Yield Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
69.7%

1,239 positions appear in both funds. Buying equal dollars of HYG and SPHY would leave roughly69.7%of each dollar exposed to the same underlying securities.

HYG only 40.3%Shared 69.7%SPHY only 28.6%
In HYG only
79 positions
Shared
1,239 positions
In SPHY only
691 positions

Side by side

HYG

iShares iBoxx $ High Yield Corporate Bond ETF

iShares · US High Yield Bond

68composite / 100
Expense ratio
0.49%
Net assets
$16.19B
TTM yield
6.03%
Top-10 conc.
15.9%
SPHY

State Street SPDR Portfolio High Yield Bond ETF

State Street · US High Yield Bond

87composite / 100
Expense ratio
0.050%
Net assets
$12.02B
TTM yield
7.27%
Top-10 conc.
6.6%

Sub-score comparison

51
Cost
95
46
Tax efficiency
43
100
Liquidity
100
92
Concentration
100
Tracking quality
HYGsub-scoreSPHY

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

SPHY is 44 bps cheaper than HYG. On a $100,000 position that's about $440/yr more in fees for HYG.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with HYG vs SPHY.

Top shared holdings

1,239 shared in total
#HoldingIn HYGIn SPHYOverlap
11261229 BC LTD0.54%0.42%0.42%
2ECHOSTAR CORP0.44%0.40%0.40%
3CLOUD SOFTWARE GRP INC0.33%0.28%0.28%
4QUIKRETE HOLDINGS INC0.33%0.28%0.28%
5CLOUD SOFTWARE GRP INC0.34%0.27%0.27%
6SV RNO PROPERTY OWNER 10.30%0.27%0.27%
7PR RNO PROPERTY OWNER 10.26%0.30%0.26%
8MERIDIAN ARC HOLDCO LLC0.26%0.40%0.26%
9AMERICAN AIRLINES/AADVAN0.26%0.25%0.25%
10ASURION LLC/ASURION CO0.28%0.25%0.25%
11CRC INSURANCE GROUP LLC0.28%0.24%0.24%
12WULF COMPUTE LLC0.26%0.24%0.24%

Only in HYG

79 total
  • BlackRock Funds III12.69%
  • DISCOVERY HOLDINGS INC0.22%
  • VENTURE GLOBAL LNG INC0.18%
  • SAKS Global Enterprises LLC0.16%
  • WYNN MACAU LTD0.11%
  • WESCO DISTRIBUTION INC0.11%
  • TEVA PHARMACEUTICALS NE0.11%
  • DISCOVERY COMMUNICATIONS0.10%
  • MELCO RESORTS FINANCE0.10%
  • WYNN MACAU LTD0.09%

Only in SPHY

691 total
  • CENTENE CORP0.22%
  • DISCOVERY HOLDINGS INC0.20%
  • CENTENE CORP0.18%
  • CENTENE CORP0.18%
  • DISCOVERY HOLDINGS INC0.16%
  • CENTENE CORP0.14%
  • AMC GLOBAL MEDIA INC0.13%
  • NESCO HOLDINGS II INC0.11%
  • CENTENE CORP0.11%
  • COHERENT CORP0.10%

Open HYG 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 methodologyand 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.