ETF comparison

SPHYvsSRLN

Both US High Yield Bond.

State Street SPDR Portfolio High Yield Bond ETF · State Street Blackstone Senior Loan ETF

Holdings overlap

Weighted by ISIN/CUSIP
6.4%

314 positions appear in both funds. Buying equal dollars of SPHY and SRLN would leave roughly6.4%of each dollar exposed to the same underlying securities.

SPHY only 91.9%Shared 6.4%SRLN only 88.6%
In SPHY only
1,616 positions
Shared
314 positions
In SRLN only
406 positions

Side by side

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%
SRLN

State Street Blackstone Senior Loan ETF

State Street · US High Yield Bond

56composite / 100
Expense ratio
0.70%
Net assets
$5.50B
TTM yield
7.28%
Top-10 conc.
17.8%

Sub-score comparison

95
Cost
30
43
Tax efficiency
43
100
Liquidity
89
100
Concentration
89
Tracking quality
SPHYsub-scoreSRLN

Tracking quality isn't part of the composite — seewhat we don't scorefor 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 thecost calculator pre-filled with SPHY vs SRLN.

Top shared holdings

314 shared in total
#HoldingIn SPHYIn SRLNOverlap
1NGL ENRGY OP/FIN CORP0.11%0.09%0.09%
2KODIAK GAS SERVICES LLC0.09%0.09%0.09%
3AMC GLOBAL MEDIA INC0.13%0.08%0.08%
4SIX FLAGS/CAN WON/MILLEN0.08%0.08%0.08%
5JETBLUE AIRWAYS/LOYALTY0.09%0.08%0.08%
6CLEVELAND-CLIFFS INC0.07%0.11%0.07%
7MIDAS OPCO HOLDINGS LLC0.07%0.07%0.07%
8MICHAELS COS INC/THE0.12%0.07%0.07%
9ONEMAIN FINANCE CORP0.09%0.06%0.06%
10MICHAELS COS INC/THE0.06%0.54%0.06%
11B&G FOODS INC0.06%0.07%0.06%
12CENTENE CORP0.18%0.06%0.06%

Only in SPHY

1,616 total
  • 1261229 BC LTD0.42%
  • ECHOSTAR CORP0.40%
  • QUIKRETE HOLDINGS INC0.28%
  • CLOUD SOFTWARE GRP INC0.27%
  • AMERICAN AIRLINES/AADVAN0.25%
  • CRC INSURANCE GROUP LLC0.24%
  • WULF COMPUTE LLC0.24%
  • VENTURE GLOBAL LNG INC0.24%
  • TRANSDIGM INC0.22%
  • DISH NETWORK CORP0.22%

Only in SRLN

406 total
  • HOLOGIC INC2.17%
  • Gainwell Acquisition Corp2.16%
  • DISCOVERY GLOBAL HOLDINGS INC1.75%
  • TransDigm Inc1.61%
  • NEPTUNE BIDCO US INC1.60%
  • Jane Street Group LLC1.48%
  • Finastra USA Inc1.46%
  • UKG Inc1.46%
  • DAYFORCE INC1.45%
  • Global Medical Response Inc1.43%

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 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.