ETF comparison
SPHY vs TLT
US High Yield Bond vs US Treasury (Long).
State Street SPDR Portfolio High Yield Bond ETF · iShares 20+ Year Treasury Bond ETF
Holdings overlap
0 positions appear in both funds. Buying equal dollars of SPHY and TLT would leave roughly 0.0% 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 10 bps cheaper than TLT. On a $100,000 position that's about $100/yr more in fees for TLT.
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 TLT.
Top shared holdings
0 shared in totalNo shared holdings between these funds.
Only in SPHY
1,929 total- 1261229 BC LTD 0.42%
- ECHOSTAR CORP 0.40%
- MERIDIAN ARC HOLDCO LLC 0.40%
- PR RNO PROPERTY OWNER 1 0.30%
- CLOUD SOFTWARE GRP INC 0.28%
- QUIKRETE HOLDINGS INC 0.28%
- CLOUD SOFTWARE GRP INC 0.27%
- SV RNO PROPERTY OWNER 1 0.27%
- AMERICAN AIRLINES/AADVAN 0.25%
- ASURION LLC/ASURION CO 0.25%
Only in TLT
46 total- United States of America 4.58%
- United States of America 4.50%
- United States of America 4.46%
- United States of America 4.40%
- United States of America 4.15%
- United States of America 4.04%
- United States of America 4.03%
- United States of America 3.95%
- United States of America 3.94%
- United States of America 3.86%
Related comparisons
More comparisons with SPHY
- SPHY vs VGLT · Vanguard Long-Term Treasury Index Fund ETF Shares 0.0%
- SPHY vs VGSH · Vanguard Short-Term Treasury Index Fund ETF Shares 0.0%
- SPHY vs VTIP · Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares 0.0%
- SPHY vs USHY · iShares Broad USD High Yield Corporate Bond ETF 79.5%
- SPHY vs SCYB · Schwab High Yield Bond ETF 75.8%
- SPHY vs HYG · iShares iBoxx $ High Yield Corporate Bond ETF 69.7%
More comparisons with TLT
- TLT vs SPIB · State Street SPDR Portfolio Intermediate Term Corporate Bond ETF 0.0%
- TLT vs SPLB · State Street SPDR Portfolio Long Term Corporate Bond ETF 0.0%
- TLT vs SPMB · State Street SPDR Portfolio Mortgage Backed Bond ETF 0.0%
- TLT vs SPSB · State Street SPDR Portfolio Short Term Corporate Bond ETF 0.0%
- TLT vs SPTI · State Street SPDR Portfolio Intermediate Term Treasury ETF 0.0%
- TLT vs SPTS · State Street SPDR Portfolio Short Term Treasury ETF 0.0%
Percentages are holdings overlap with the named fund.
Open SPHY or TLT 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.