ETF comparison
HYG vs SPHY
Both US High Yield Bond.
iShares iBoxx $ High Yield Corporate Bond ETF · State Street SPDR Portfolio High Yield Bond ETF
Holdings overlap
1,239 positions appear in both funds. Buying equal dollars of HYG and SPHY would leave roughly 69.7% 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 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 the cost calculator pre-filled with HYG vs SPHY.
Top shared holdings
1,239 shared in total| # | Holding | In HYG | In SPHY | Overlap |
|---|---|---|---|---|
| 1 | 1261229 BC LTD | 0.54% | 0.42% | 0.42% |
| 2 | ECHOSTAR CORP | 0.44% | 0.40% | 0.40% |
| 3 | CLOUD SOFTWARE GRP INC | 0.33% | 0.28% | 0.28% |
| 4 | QUIKRETE HOLDINGS INC | 0.33% | 0.28% | 0.28% |
| 5 | CLOUD SOFTWARE GRP INC | 0.34% | 0.27% | 0.27% |
| 6 | SV RNO PROPERTY OWNER 1 | 0.30% | 0.27% | 0.27% |
| 7 | PR RNO PROPERTY OWNER 1 | 0.26% | 0.30% | 0.26% |
| 8 | MERIDIAN ARC HOLDCO LLC | 0.26% | 0.40% | 0.26% |
| 9 | AMERICAN AIRLINES/AADVAN | 0.26% | 0.25% | 0.25% |
| 10 | ASURION LLC/ASURION CO | 0.28% | 0.25% | 0.25% |
| 11 | CRC INSURANCE GROUP LLC | 0.28% | 0.24% | 0.24% |
| 12 | WULF COMPUTE LLC | 0.26% | 0.24% | 0.24% |
Only in HYG
78 total- DISCOVERY HOLDINGS INC 0.22%
- VENTURE GLOBAL LNG INC 0.18%
- SAKS Global Enterprises LLC 0.16%
- WYNN MACAU LTD 0.11%
- WESCO DISTRIBUTION INC 0.11%
- TEVA PHARMACEUTICALS NE 0.11%
- DISCOVERY COMMUNICATIONS 0.10%
- MELCO RESORTS FINANCE 0.10%
- WYNN MACAU LTD 0.09%
- KIOXIA HOLDINGS CORP 0.09%
Only in SPHY
690 total- CENTENE CORP 0.22%
- DISCOVERY HOLDINGS INC 0.20%
- CENTENE CORP 0.18%
- CENTENE CORP 0.18%
- DISCOVERY HOLDINGS INC 0.16%
- CENTENE CORP 0.14%
- AMC GLOBAL MEDIA INC 0.13%
- NESCO HOLDINGS II INC 0.11%
- CENTENE CORP 0.11%
- COHERENT CORP 0.10%
Related comparisons
More comparisons with HYG
- HYG vs JNK · State Street SPDR Bloomberg High Yield Bond ETF 62.5%
- HYG vs SHYG · iShares 0-5 Year High Yield Corporate Bond ETF 54.8%
- HYG vs SJNK · State Street SPDR Bloomberg Short Term High Yield Bond ETF 47.6%
- HYG vs SRLN · State Street Blackstone Senior Loan ETF 4.9%
- HYG vs FALN · iShares Fallen Angels USD Bond ETF 3.0%
- HYG vs ANGL · VanEck Fallen Angel High Yield Bond ETF 2.9%
More comparisons with SPHY
- SPHY vs HYLB · Xtrackers USD High Yield Corporate Bond ETF 66.3%
- SPHY vs JNK · State Street SPDR Bloomberg High Yield Bond ETF 64.5%
- SPHY vs SHYG · iShares 0-5 Year High Yield Corporate Bond ETF 56.4%
- SPHY vs SJNK · State Street SPDR Bloomberg Short Term High Yield Bond ETF 53.7%
- SPHY vs SRLN · State Street Blackstone Senior Loan ETF 6.4%
- SPHY vs FALN · iShares Fallen Angels USD Bond ETF 4.8%
Percentages are holdings overlap with the named fund.
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 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.