SPHY vs ZTOP
State Street SPDR Portfolio High Yield Bond ETF against F/m High Yield 100 ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
9%
88 shared positions
Fee gap
34 bp
SPHY is cheaper
1-year return gap
0.8 pts
ZTOP is ahead
Larger fund
SPHY
$11.7B
Side by side
| SPHY | ZTOP | |
|---|---|---|
| Fund | State Street SPDR Portfolio High Yield Bond ETF | F/m High Yield 100 ETF |
| Issuer | State Street SPDR | F/m Investments |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.05% | 0.39% |
| Assets | $11.7B | $17M |
| Average daily dollar volume | $144M | $54K |
| Listed | Jun 18, 2012 | Apr 14, 2025 |
| FrenzyCap score | 97 | 33 |
| 1-month return | −2.4% | −2.5% |
| 3-month return | −3.1% | −3.0% |
| Year to date | −5.1% | −5.0% |
| 1-year return | −5.6% | −4.9% |
| 30-day volatility | 4.2% | 4.7% |
| Worst drawdown, 1 year | −6.3% | −5.9% |
| Trailing 12-month yield | 7.41% | 6.46% |
| Holdings | 1,933 | 103 |
| Top 10 weight | 3.2% | 10.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$1.2B thru Jun 2026 | −$1.0M thru May 2026 |
| 30-day implied volatility | 13.6% | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of May 31, 2026SEC filing |
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
9% of SPHY · 86% of ZTOP| Holding | SPHY | ZTOP |
|---|---|---|
| ECHOSTAR CORP SR SECURED 11/29 10.75, due Nov 30, 2029 | 0.39% | 0.98% |
| MERIDIAN ARC HOLDCO LLC SR SECURED 144A 04/31 6.25, due Apr 30, 2031 | 0.37% | 1.00% |
| QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375, due Mar 1, 2032 | 0.27% | 0.98% |
| OAK EAGLE ACQUIRECO INC SR SECURED 144A 07/33 7.25, due Jul 1, 2033 | 0.26% | 0.99% |
| SV RNO PROPERTY OWNER 1 SR SECURED 144A 03/31 5.875, due Mar 1, 2031 | 0.24% | 0.99% |
| NEXSTAR MEDIA INC SR SECURED 144A 09/33 6.5, due Sep 15, 2033 | 0.23% | 0.98% |
| CENTENE CORP SR UNSECURED 12/29 4.625, due Dec 15, 2029 | 0.23% | 0.98% |
| MAUSER PACKAGING SOLUT SR SECURED 144A 04/30 7.875, due Apr 15, 2030 | 0.23% | 1.01% |
| HUB INTERNATIONAL LTD SR SECURED 144A 06/30 7.25, due Jun 15, 2030 | 0.22% | 0.99% |
| AMERICAN AIRLINES/AADVAN SR SECURED 144A 04/29 5.75, due Apr 20, 2029 | 0.20% | 0.98% |
| RAKUTEN GROUP INC SR UNSECURED 144A 04/29 9.75, due Apr 15, 2029 | 0.19% | 0.99% |
| ASURION LLC/ASURION CO SR SECURED 144A 12/32 8, due Dec 31, 2032 | 0.19% | 1.01% |
| ALLIED UNIVERSAL HOLDCO SR SECURED 144A 02/31 7.875, due Feb 15, 2031 | 0.18% | 1.01% |
| VODAFONE GROUP PLC JR SUBORDINA 04/79 VAR, due Apr 4, 2079 | 0.17% | 0.95% |
| COREWEAVE INC COMPANY GUAR 144A 10/31 9.75, due Oct 1, 2031 | 0.17% | 1.02% |
| ALLIANT HOLD / CO ISSUER SR SECURED 144A 01/31 7, due Jan 15, 2031 | 0.16% | 0.98% |
| BLOCK INC SR UNSECURED 05/32 6.5, due May 15, 2032 | 0.16% | 0.99% |
| CAESARS ENTERTAIN INC SR SECURED 144A 02/30 7, due Feb 15, 2030 | 0.16% | 0.97% |
| OLYMPUS WTR US HLDG CORP SR SECURED 144A 02/33 7.25, due Feb 15, 2033 | 0.15% | 1.00% |
| NEPTUNE BIDCO US INC SR SECURED 144A 05/31 10.375, due May 15, 2031 | 0.14% | 0.97% |
| VENTURE GLOBAL LNG INC SR SECURED 144A 02/32 9.875, due Feb 1, 2032 | 0.13% | 0.99% |
| LIFEPOINT HEALTH INC SR SECURED 144A 08/30 9.875, due Aug 15, 2030 | 0.13% | 0.99% |
| NEWELL BRANDS INC SR UNSECURED 144A 06/28 8.5, due Jun 1, 2028 | 0.13% | 0.96% |
| CLEVELAND CLIFFS INC COMPANY GUAR 144A 01/34 7.625, due Jan 15, 2034 | 0.12% | 1.01% |
| ALTICE FRANCE SA SR SECURED 144A 11/29 9.5, due Nov 1, 2029 | 0.12% | 0.97% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · SPHY holdings · ZTOP 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.