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ETF comparison

SCYB vs SPHY

Both US High Yield Bond.

Schwab High Yield Bond ETF · State Street SPDR Portfolio High Yield Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
75.8 %

1,741 positions appear in both funds. Buying equal dollars of SCYB and SPHY would leave roughly 75.8% of each dollar exposed to the same underlying securities.

SCYB unmatched 21.9% Shared 75.8% SPHY unmatched 22.5%

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.

In SCYB only
92 positions
Shared
1,741 positions
In SPHY only
188 positions

Side by side

SCYB

Schwab High Yield Bond ETF

Schwab · US High Yield Bond

82 composite / 100
Expense ratio
0.030%
Net assets
$2.79B
TTM yield
7.17%
Top-10 conc.
2.7%
SPHY

State Street SPDR Portfolio High Yield Bond ETF

State Street · US High Yield Bond

87 composite / 100
Expense ratio
0.050%
Net assets
$11.73B
TTM yield
7.40%
Top-10 conc.
3.1%

Sub-score comparison

97
Cost
95
44
Tax efficiency
43
76
Liquidity
100
100
Concentration
100
—
Tracking quality
—
SCYB sub-score SPHY

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCYB is 2 bps cheaper than SPHY. On a $100,000 position that's about $20/yr more in fees for SPHY.

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 SCYB vs SPHY.

Top shared holdings

1,741 shared in total
# Holding In SCYB In SPHY Overlap
1 1261229 BC LTD 0.42% 0.42% 0.42%
2 MERIDIAN ARC HOLDCO LLC 0.36% 0.40% 0.36%
3 ECHOSTAR CORP 0.29% 0.40% 0.29%
4 CLOUD SOFTWARE GRP INC 0.27% 0.28% 0.27%
5 QUIKRETE HOLDINGS INC 0.24% 0.28% 0.24%
6 SV RNO PROPERTY OWNER 1 0.23% 0.27% 0.23%
7 CORE SCIENTIFIC FINANCE 0.23% 0.24% 0.23%
8 ASURION LLC/ASURION CO 0.22% 0.25% 0.22%
9 VENTURE GLOBAL LNG INC 0.22% 0.24% 0.22%
10 ASURION LLC/ASURION CO 0.22% 0.22% 0.22%
11 CENTENE CORP 0.22% 0.22% 0.22%
12 CLOUD SOFTWARE GRP INC 0.21% 0.27% 0.21%

Only in SCYB

92 total
  • VENTURE GLOBAL LNG INC 0.19%
  • DISCOVERY HOLDINGS INC 0.15%
  • DISCOVERY COMMUNICATIONS 0.09%
  • DISCOVERY COMMUNICATIONS 0.09%
  • DIAMOND FRGN/DIAMOND FIN 0.08%
  • LIVE NATION ENTERTAINMEN 0.08%
  • CITGO PETROLEUM CORP 0.08%
  • WESCO DISTRIBUTION INC 0.08%
  • CARNIVAL CORP LTD 0.07%
  • KIOXIA HOLDINGS CORP 0.07%

Only in SPHY

188 total
  • PR RNO PROPERTY OWNER 1 0.30%
  • DISCOVERY HOLDINGS INC 0.20%
  • CARVANA CO 0.17%
  • BEACH ACQUISITION BIDCO 0.17%
  • ECHOSTAR CORP 0.16%
  • DISCOVERY HOLDINGS INC 0.16%
  • CARVANA CO 0.13%
  • VENTURE GLOBAL LNG INC 0.10%
  • APLD COMPUTECO 3 LLC 0.10%
  • AP CORE HOLDINGS II LLC 0.10%

Percentages are holdings overlap with the named fund.

Open SCYB 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.