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ETF comparison

BKLN vs SPHY

Both US High Yield Bond.

Invesco Senior Loan ETF · State Street SPDR Portfolio High Yield Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
3.1 %

53 positions appear in both funds. Buying equal dollars of BKLN and SPHY would leave roughly 3.1% of each dollar exposed to the same underlying securities.

BKLN only 81.7% Shared 3.1% SPHY only 94.2%
In BKLN only
110 positions
Shared
53 positions
In SPHY only
1,859 positions

Side by side

BKLN

Invesco Senior Loan ETF

Invesco · US High Yield Bond

59 composite / 100
Expense ratio
0.65%
Net assets
$7.15B
TTM yield
6.56%
Top-10 conc.
19.3%
SPHY

State Street SPDR Portfolio High Yield Bond ETF

State Street · US High Yield Bond

87 composite / 100
Expense ratio
0.050%
Net assets
$11.33B
TTM yield
7.23%
Top-10 conc.
8.1%

Sub-score comparison

35
Cost
95
45
Tax efficiency
44
94
Liquidity
100
87
Concentration
100
—
Tracking quality
—
BKLN sub-score SPHY

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPHY is 60 bps cheaper than BKLN. On a $100,000 position that's about $600/yr more in fees for BKLN.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with BKLN vs SPHY.

Top shared holdings

53 shared in total
# Holding In BKLN In SPHY Overlap
1 HUB International Ltd. 0.31% 0.22% 0.22%
2 Medline Borrower, L.P. 0.34% 0.21% 0.21%
3 Allied Universal Holdco LLC 0.29% 0.21% 0.21%
4 Jane Street Group / JSG Finance Inc. 0.25% 0.14% 0.14%
5 1011778 BC ULC / New Red Finance Inc. 0.15% 0.14% 0.14%
6 TransDigm, Inc. 0.13% 0.14% 0.13%
7 Acrisure LLC / Acrisure Finance Inc. 0.21% 0.12% 0.12%
8 Cloud Software Group, Inc. 0.12% 0.28% 0.12%
9 1011778 BC ULC / New Red Finance Inc. 0.23% 0.11% 0.11%
10 Medline Borrower LP/Medline Co-Issuer Inc. 0.15% 0.11% 0.11%
11 Jane Street Group / JSG Finance Inc. 0.11% 0.12% 0.11%
12 Cloud Software Group, Inc. 0.09% 0.10% 0.09%

Only in BKLN

110 total
  • Invesco Premier U.S. Government Money Portfolio 5.22%
  • X Corp. 1.94%
  • Ultimate Software Group, Inc. 1.78%
  • Sedgwick Claims Management Services, Inc. 1.58%
  • Peraton Corp. 1.47%
  • Ensemble Health Partners 1.39%
  • Hologic, Inc. 1.38%
  • McAfee LLC 1.32%
  • IRB Holding Corp. 1.28%
  • Focus Financial Partners LLC 1.19%

Only in SPHY

1,859 total
  • 1261229 BC LTD 0.46%
  • ECHOSTAR CORP 0.42%
  • CLOUD SOFTWARE GRP INC 0.31%
  • VENTURE GLOBAL LNG INC 0.27%
  • SV RNO PROPERTY OWNER 1 0.27%
  • State Street Global Advisors 0.25%
  • DISH NETWORK CORP 0.24%
  • PANTHER ESCROW ISSUER 0.24%
  • ASURION LLC/ASURION CO 0.23%
  • WULF COMPUTE LLC 0.23%

Open BKLN or SPHY at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and 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.