FHYS vs SPHY
Federated Hermes Short Duration High Yield 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
12%
177 shared positions
Fee gap
45 bp
SPHY is cheaper
1-year return gap
2.2 pts
FHYS is ahead
Larger fund
SPHY
$11.7B
Side by side
| FHYS | SPHY | |
|---|---|---|
| Fund | Federated Hermes Short Duration High Yield ETF | State Street SPDR Portfolio High Yield Bond ETF |
| Issuer | Federated Hermes | State Street SPDR |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.50% | 0.05% |
| Assets | $51M | $11.7B |
| Average daily dollar volume | $1.0M | $144M |
| Listed | Dec 16, 2021 | Jun 18, 2012 |
| FrenzyCap score | 41 | 97 |
| 1-month return | −1.6% | −2.4% |
| 3-month return | −2.1% | −3.1% |
| Year to date | −3.3% | −5.1% |
| 1-year return | −3.4% | −5.6% |
| 30-day volatility | 3.5% | 4.2% |
| Worst drawdown, 1 year | −4.3% | −6.3% |
| Trailing 12-month yield | 6.11% | 7.41% |
| Holdings | 262 | 1,933 |
| Top 10 weight | 9.4% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$3.0M thru May 2026 | +$1.2B thru Jun 2026 |
| 30-day implied volatility | — | 13.6% |
| Holdings as of | as of May 31, 2026SEC filing | 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
75% of FHYS · 12% of SPHY| Holding | FHYS | SPHY |
|---|---|---|
| PR RNO PROPERTY OWNER 1, due May 1, 2031 | 0.73% | 0.28% |
| QUIKRETE HOLDINGS INC 6.38%, due Mar 1, 2032 | 0.50% | 0.27% |
| CLOUD SOFTWARE GRP INC 6.5%, due Mar 31, 2029 | 0.24% | 0.30% |
| SV RNO PROPERTY OWNER 1 LLC, due Mar 1, 2031 | 0.58% | 0.24% |
| CLOUD SOFTWARE GRP INC 9%, due Sep 30, 2029 | 0.77% | 0.24% |
| MAUSER PACKAGING SOLUT 7.88%, due Apr 15, 2030 | 0.30% | 0.23% |
| TRANSDIGM INC 6.38%, due Mar 1, 2029 | 0.60% | 0.22% |
| HUB INTERNATIONAL LTD 7.25%, due Jun 15, 2030 | 0.95% | 0.22% |
| CORE SCIENTIFIC FINANCE 7.75%, due May 15, 2031 | 0.20% | 0.21% |
| MERIDIAN ARC HOLDCO LLC 6.25%, due Apr 30, 2031 | 0.20% | 0.37% |
| QXO BUILDING PRODUCTS 6.75%, due Apr 30, 2032 | 0.50% | 0.19% |
| WULF COMPUTE LLC 7.75%, due Oct 15, 2030 | 0.61% | 0.19% |
| ALLIED UNIVERSAL HOLDCO 7.88%, due Feb 15, 2031 | 0.36% | 0.18% |
| MEDLINE BORROWER LP 5.25%, due Oct 1, 2029 | 0.44% | 0.18% |
| COREWEAVE INC 9.75%, due Oct 1, 2031 | 0.25% | 0.17% |
| APLD COMPUTECO LLC 9.25%, due Dec 15, 2030 | 0.42% | 0.16% |
| 1011778 BC / NEW RED FIN, due Oct 15, 2030 | 0.37% | 0.15% |
| STANDARD INDUSTRI INC/NY 4.38%, due Jul 15, 2030 | 0.74% | 0.15% |
| UKG INC 6.88%, due Feb 1, 2031 | 0.43% | 0.14% |
| SS&C TECHNOLOGIES INC 5.5%, due Sep 30, 2027 | 0.75% | 0.14% |
| CIPHER COMPUTE LLC 7.13%, due Nov 15, 2030 | 0.41% | 0.14% |
| APLD COMPUTECO 2 LLC, due Mar 15, 2031 | 0.39% | 0.13% |
| ARDONAGH FINCO LTD 7.75%, due Feb 15, 2031 | 0.94% | 0.13% |
| HERC HOLDINGS INC 7%, due Jun 15, 2030 | 0.51% | 0.12% |
| ROCKET COS INC 6.13%, due Aug 1, 2030 | 0.30% | 0.12% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FHYS 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.