ETF comparison

SPHYvsUSHY

Both US High Yield Bond.

State Street SPDR Portfolio High Yield Bond ETF · iShares Broad USD High Yield Corporate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
75.9%

1,760 positions appear in both funds. Buying equal dollars of SPHY and USHY would leave roughly75.9%of each dollar exposed to the same underlying securities.

SPHY only 22.4%Shared 75.9%USHY only 33.3%
In SPHY only
170 positions
Shared
1,760 positions
In USHY only
130 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%
USHY

iShares Broad USD High Yield Corporate Bond ETF

iShares · US High Yield Bond

85composite / 100
Expense ratio
0.080%
Net assets
$28.73B
TTM yield
7.00%
Top-10 conc.
14.8%

Sub-score comparison

95
Cost
92
43
Tax efficiency
44
100
Liquidity
100
100
Concentration
93
Tracking quality
SPHYsub-scoreUSHY

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

SPHY is 3 bps cheaper than USHY. On a $100,000 position that's about $30/yr more in fees for USHY.

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 USHY.

Top shared holdings

1,760 shared in total
#HoldingIn SPHYIn USHYOverlap
11261229 BC LTD0.42%0.47%0.42%
2ECHOSTAR CORP0.40%0.41%0.40%
3QUIKRETE HOLDINGS INC0.28%0.28%0.28%
4SV RNO PROPERTY OWNER 10.27%0.27%0.27%
5CLOUD SOFTWARE GRP INC0.28%0.26%0.26%
6CLOUD SOFTWARE GRP INC0.27%0.25%0.25%
7WULF COMPUTE LLC0.24%0.25%0.24%
8VENTURE GLOBAL LNG INC0.24%0.23%0.23%
9ASURION LLC/ASURION CO0.25%0.23%0.23%
10ASURION LLC/ASURION CO0.22%0.25%0.22%
11HUB INTERNATIONAL LTD0.21%0.25%0.21%
12DISH NETWORK CORP0.22%0.21%0.21%

Only in SPHY

170 total
  • CENTENE CORP0.22%
  • DISCOVERY HOLDINGS INC0.20%
  • CENTENE CORP0.18%
  • CENTENE CORP0.18%
  • DISCOVERY HOLDINGS INC0.16%
  • CENTENE CORP0.14%
  • CENTENE CORP0.11%
  • VENTURE GLOBAL LNG INC0.10%
  • APLD COMPUTECO 3 LLC0.10%
  • AP CORE HOLDINGS II LLC0.10%

Only in USHY

130 total
  • BlackRock Funds III12.12%
  • DISCOVERY HOLDINGS INC0.18%
  • VENTURE GLOBAL LNG INC0.16%
  • SAKS Global Enterprises LLC0.11%
  • ICAHN ENTERPRISES/FIN0.10%
  • ALLIANT HOLD / CO-ISSUER0.09%
  • CARNIVAL CORP0.09%
  • DISCOVERY COMMUNICATIONS0.08%
  • NFE FINANCING LLC0.08%
  • KIOXIA HOLDINGS CORP0.08%

Open SPHY or USHY 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.