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ETF comparison

SHYG vs SPHY

Both US High Yield Bond.

iShares 0-5 Year High Yield Corporate Bond ETF · State Street SPDR Portfolio High Yield Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
56.4 %

1,047 positions appear in both funds. Buying equal dollars of SHYG and SPHY would leave roughly 56.4% of each dollar exposed to the same underlying securities.

SHYG unmatched 41.0% Shared 56.4% SPHY unmatched 41.9%

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 SHYG only
105 positions
Shared
1,047 positions
In SPHY only
882 positions

Side by side

SHYG

iShares 0-5 Year High Yield Corporate Bond ETF

iShares · US High Yield Bond

75 composite / 100
Expense ratio
0.30%
Net assets
$7.63B
TTM yield
7.17%
Top-10 conc.
4.2%
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
7.42%
Top-10 conc.
3.1%

Sub-score comparison

70
Cost
95
44
Tax efficiency
43
95
Liquidity
100
100
Concentration
100
—
Tracking quality
—
SHYG sub-score SPHY

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

Cost difference

SPHY is 25 bps cheaper than SHYG. On a $100,000 position that's about $250/yr more in fees for SHYG.

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 SHYG vs SPHY.

Top shared holdings

1,047 shared in total
# Holding In SHYG In SPHY Overlap
1 ECHOSTAR CORP 0.53% 0.40% 0.40%
2 MERIDIAN ARC HOLDCO LLC 0.58% 0.40% 0.40%
3 PR RNO PROPERTY OWNER 1 0.46% 0.30% 0.30%
4 CLOUD SOFTWARE GRP LLC 0.43% 0.28% 0.28%
5 CLOUD SOFTWARE GRP LLC 0.42% 0.27% 0.27%
6 SV RNO PROPERTY OWNER 1 0.29% 0.27% 0.27%
7 AMERICAN AIRLINES/AADVAN 0.32% 0.25% 0.25%
8 CORE SCIENTIFIC FINANCE 0.34% 0.24% 0.24%
9 CRC INSURANCE GROUP LLC 0.27% 0.24% 0.24%
10 WULF COMPUTE LLC 0.37% 0.24% 0.24%
11 VENTURE GLOBAL LNG INC 0.36% 0.24% 0.24%
12 CENTENE CORP 0.23% 0.22% 0.22%

Only in SHYG

105 total
  • DISH DBS CORP 0.33%
  • DISH DBS CORP 0.24%
  • GALAXY HELIOS DATA CNTR 0.19%
  • SBA COMMUNICATIONS CORP 0.17%
  • ICAHN ENTERPRISES/FIN 0.16%
  • WYNN MACAU LTD 0.15%
  • TEVA PHARMACEUTICALS NE 0.15%
  • TEVA PHARMACEUTICALS NE 0.14%
  • CORELOGIC INC 0.14%
  • TALEN ENERGY SUPPLY LLC 0.14%

Only in SPHY

882 total
  • QUIKRETE HOLDINGS INC 0.28%
  • ASURION LLC/ASURION CO 0.25%
  • TRANSDIGM INC 0.22%
  • DISH NETWORK CORP 0.22%
  • ASURION LLC/ASURION CO 0.22%
  • NEXSTAR MEDIA INC 0.22%
  • OAK-EAGLE ACQUIRECO INC 0.21%
  • DISCOVERY HOLDINGS INC 0.20%
  • WINDSTREAM SERVICES/ESCR 0.19%
  • CCO HLDGS LLC/CAP CORP 0.18%

Percentages are holdings overlap with the named fund.

Open SHYG 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.