HYG vs SPHY
iShares iBoxx $ High Yield Corporate 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
72%
1272 shared positions
Fee gap
44 bp
SPHY is cheaper
1-year return gap
0.9 pts
HYG is ahead
Larger fund
HYG
$16.2B
Side by side
| HYG | SPHY | |
|---|---|---|
| Fund | iShares iBoxx $ High Yield Corporate Bond ETF | State Street SPDR Portfolio High Yield Bond ETF |
| Issuer | iShares | State Street SPDR |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.49% | 0.05% |
| Assets | $16.2B | $11.7B |
| Average daily dollar volume | $4.5B | $146M |
| Listed | Apr 4, 2007 | Jun 18, 2012 |
| FrenzyCap score | 74 | 97 |
| 1-month return | −2.4% | −2.6% |
| 3-month return | −3.4% | −3.7% |
| Year to date | −4.7% | −5.2% |
| 1-year return | −4.8% | −5.7% |
| 30-day volatility | 4.1% | 4.1% |
| Worst drawdown, 1 year | −5.5% | −6.3% |
| Trailing 12-month yield | 6.12% | 7.43% |
| Holdings | 1,337 | 1,932 |
| Top 10 weight | 3.7% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$5.3B thru May 2026 | +$1.2B thru Jun 2026 |
| 30-day implied volatility | 5.9% | 14.8% |
| Holdings as of | as of Oct 19, 2026issuer data | as of Oct 19, 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
96% of HYG · 78% of SPHY| Holding | HYG | SPHY |
|---|---|---|
| 1261229 BC LTD 144A, due Apr 15, 2032 | 0.55% | 0.48% |
| ECHOSTAR CORP 10.75%, due Nov 30, 2029 | 0.43% | 0.39% |
| MERIDIAN ARC HOLDCO LLC 144A, due Apr 30, 2031 | 0.45% | 0.37% |
| CLOUD SOFTWARE GROUP LLC 144A, due Mar 31, 2029 | 0.33% | 0.30% |
| SOFTBANK GROUP CORP 144A, due Apr 1, 2032 | 0.28% | 0.29% |
| PR RNO PROPERTY OWNER 1 LLC 144A, due May 1, 2031 | 0.34% | 0.28% |
| SOFTBANK GROUP CORP 144A, due Apr 1, 2034 | 0.27% | 0.29% |
| QUIKRETE HOLDINGS INC 144A, due Mar 1, 2032 | 0.32% | 0.26% |
| SV RNO PROPERTY OWNER 1 LLC 144A, due Mar 1, 2031 | 0.27% | 0.24% |
| GALAXY HELIOS DATA CENTERS II LLC 144A, due Aug 1, 2031 | 0.27% | 0.24% |
| CLOUD SOFTWARE GROUP LLC 144A, due Sep 30, 2029 | 0.32% | 0.24% |
| OAK EAGLE ACQUIRECO INC 144A, due Jul 1, 2033 | 0.29% | 0.24% |
| VENTURE GLOBAL LNG INC 144A, due Feb 1, 2029 | 0.27% | 0.23% |
| PANTHER ESCROW ISSUER LLC 144A, due Jun 1, 2031 | 0.25% | 0.23% |
| NEXSTAR MEDIA INC 144A, due Sep 15, 2033 | 0.27% | 0.23% |
| CENTENE CORPORATION 4.63%, due Dec 15, 2029 | 0.30% | 0.23% |
| TRANSDIGM INC 144A, due Mar 1, 2029 | 0.24% | 0.23% |
| HUB INTERNATIONAL LTD 144A, due Jun 15, 2030 | 0.31% | 0.22% |
| MAUSER PACKAGING SOLUTIONS HOLDING 144A, due Apr 15, 2030 | 0.22% | 0.23% |
| DAVITA INC 144A, due Jun 1, 2030 | 0.22% | 0.23% |
| CORE SCIENTIFIC FINANCE I LLC 144A, due May 15, 2031 | 0.26% | 0.21% |
| TRANSDIGM INC 144A, due May 31, 2033 | 0.21% | 0.22% |
| NEPTUNE BIDCO US INC 144A, due Apr 15, 2029 | 0.21% | 0.21% |
| CCO HOLDINGS LLC 144A, due Mar 1, 2030 | 0.23% | 0.20% |
| TRANSDIGM INC 144A, due Jan 31, 2035 | 0.25% | 0.20% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · HYG 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.