FALN vs SPHY
iShares Fallen Angels USD Bond ETF against State Street SPDR Portfolio High Yield Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
5%
136 shared positions
Fee gap
20 bp
SPHY is cheaper
1-year return gap
1.4 pts
SPHY is ahead
Larger fund
SPHY
$11.7B
Side by side
| FALN | SPHY | |
|---|---|---|
| Fund | iShares Fallen Angels USD Bond ETF | State Street SPDR Portfolio High Yield Bond ETF |
| Issuer | iShares | State Street SPDR |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.25% | 0.05% |
| Assets | $1.6B | $11.7B |
| Average daily dollar volume | $23M | $144M |
| Listed | Jun 14, 2016 | Jun 18, 2012 |
| FrenzyCap score | 75 | 97 |
| 1-month return | −3.5% | −2.4% |
| 3-month return | −4.5% | −3.1% |
| Year to date | −6.1% | −5.1% |
| 1-year return | −7.0% | −5.6% |
| 30-day volatility | 4.9% | 4.2% |
| Worst drawdown, 1 year | −7.7% | −6.3% |
| Trailing 12-month yield | 6.88% | 7.41% |
| Holdings | 158 | 1,933 |
| Top 10 weight | 17.1% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$194M thru Jul 2026 | +$1.2B thru Jun 2026 |
| 30-day implied volatility | 18.5% | 13.6% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
89% of FALN · 5% of SPHY| Holding | FALN | SPHY |
|---|---|---|
| CENTENE CORPORATION 4.63%, due Dec 15, 2029 | 0.78% | 0.23% |
| VODAFONE GROUP PLC 7%, due Apr 4, 2079 | 3.04% | 0.17% |
| CENTENE CORPORATION 3%, due Oct 15, 2030 | 0.48% | 0.17% |
| NISSAN MOTOR CO LTD 144A, due Sep 17, 2030 | 1.65% | 0.16% |
| CENTENE CORPORATION 2.45%, due Jul 15, 2028 | 0.51% | 0.15% |
| CENTENE CORPORATION 2.5%, due Mar 1, 2031 | 0.47% | 0.13% |
| BOMBARDIER INC 144A, due May 1, 2034 | 1.14% | 0.12% |
| CENTENE CORPORATION 3.38%, due Feb 15, 2030 | 0.45% | 0.12% |
| CELANESE US HOLDINGS LLC 7.35%, due Nov 15, 2028 | 0.53% | 0.10% |
| PARAMOUNT GLOBAL 7.88%, due Jul 30, 2030 | 0.27% | 0.10% |
| COTY INC 144A, due Jan 15, 2031 | 1.29% | 0.09% |
| PERRIGO FINANCE UNLIMITED CO 5.15%, due Jun 15, 2030 | 1.44% | 0.08% |
| PACIFICORP 7.38%, due Sep 15, 2055 | 1.66% | 0.08% |
| FS KKR CAPITAL CORP 6.88%, due Aug 15, 2029 | 0.68% | 0.08% |
| VF CORPORATION 2.95%, due Apr 23, 2030 | 1.34% | 0.08% |
| NISSAN MOTOR ACCEPTANCE COMPANY LL MTN 144A, due Sep 15, 2028 | 0.52% | 0.07% |
| SEALED AIR CORPORATION 144A, due Jul 15, 2033 | 0.91% | 0.07% |
| APTIV SWISS HOLDINGS LTD 6.88%, due Dec 15, 2054 | 1.00% | 0.07% |
| CELANESE US HOLDINGS LLC 7.33%, due Jul 15, 2029 | 0.52% | 0.07% |
| CELANESE US HOLDINGS LLC 7.7%, due Nov 15, 2033 | 0.71% | 0.07% |
| BUCKEYE PARTNERS LP 4.13%, due Dec 1, 2027 | 0.81% | 0.07% |
| FS KKR CAPITAL CORP 3.13%, due Oct 12, 2028 | 0.79% | 0.07% |
| TRANSOCEAN INTERNATIONAL LTD 6.8%, due Mar 15, 2038 | 1.12% | 0.06% |
| HUNTSMAN INTERNATIONAL LLC 4.5%, due May 1, 2029 | 1.44% | 0.06% |
| PARAMOUNT GLOBAL 4.2%, due May 19, 2032 | 0.23% | 0.06% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FALN holdings · SPHY holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.