ETF comparison
SPHY vs SRLN
Both US High Yield Bond.
State Street SPDR Portfolio High Yield Bond ETF · State Street Blackstone Senior Loan ETF
Holdings overlap
313 positions appear in both funds. Buying equal dollars of SPHY and SRLN would leave roughly 6.4% 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 65 bps cheaper than SRLN. On a $100,000 position that's about $650/yr more in fees for SRLN.
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 SPHY vs SRLN.
Top shared holdings
313 shared in total| # | Holding | In SPHY | In SRLN | Overlap |
|---|---|---|---|---|
| 1 | NGL ENRGY OP/FIN CORP | 0.11% | 0.09% | 0.09% |
| 2 | KODIAK GAS SERVICES LLC | 0.09% | 0.09% | 0.09% |
| 3 | AMC GLOBAL MEDIA INC | 0.13% | 0.08% | 0.08% |
| 4 | SIX FLAGS/CAN WON/MILLEN | 0.08% | 0.08% | 0.08% |
| 5 | JETBLUE AIRWAYS/LOYALTY | 0.09% | 0.08% | 0.08% |
| 6 | CLEVELAND-CLIFFS INC | 0.07% | 0.11% | 0.07% |
| 7 | MIDAS OPCO HOLDINGS LLC | 0.07% | 0.07% | 0.07% |
| 8 | MICHAELS COS INC/THE | 0.12% | 0.07% | 0.07% |
| 9 | ONEMAIN FINANCE CORP | 0.09% | 0.06% | 0.06% |
| 10 | MICHAELS COS INC/THE | 0.06% | 0.54% | 0.06% |
| 11 | B&G FOODS INC | 0.06% | 0.07% | 0.06% |
| 12 | CENTENE CORP | 0.18% | 0.06% | 0.06% |
Only in SPHY
1,616 total- 1261229 BC LTD 0.42%
- ECHOSTAR CORP 0.40%
- QUIKRETE HOLDINGS INC 0.28%
- CLOUD SOFTWARE GRP INC 0.27%
- AMERICAN AIRLINES/AADVAN 0.25%
- CRC INSURANCE GROUP LLC 0.24%
- WULF COMPUTE LLC 0.24%
- VENTURE GLOBAL LNG INC 0.24%
- TRANSDIGM INC 0.22%
- DISH NETWORK CORP 0.22%
Only in SRLN
406 total- HOLOGIC INC 2.17%
- Gainwell Acquisition Corp 2.16%
- DISCOVERY GLOBAL HOLDINGS INC 1.75%
- TransDigm Inc 1.61%
- NEPTUNE BIDCO US INC 1.60%
- Jane Street Group LLC 1.48%
- Finastra USA Inc 1.46%
- UKG Inc 1.46%
- DAYFORCE INC 1.45%
- Global Medical Response Inc 1.43%
Related comparisons
More comparisons with SPHY
- SPHY vs FALN · iShares Fallen Angels USD Bond ETF 4.8%
- 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%
More comparisons with SRLN
- SRLN vs SCYB · Schwab High Yield Bond ETF 6.4%
- SRLN vs HYLB · Xtrackers USD High Yield Corporate Bond ETF 5.2%
- SRLN vs SHYG · iShares 0-5 Year High Yield Corporate Bond ETF 5.1%
- SRLN vs JNK · State Street SPDR Bloomberg High Yield Bond ETF 5.0%
- SRLN vs HYG · iShares iBoxx $ High Yield Corporate Bond ETF 4.9%
- SRLN vs SJNK · State Street SPDR Bloomberg Short Term High Yield Bond ETF 4.7%
Percentages are holdings overlap with the named fund.
Open SPHY or SRLN 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.