ETF comparison

SCYB vs SPHY

Both US High Yield Bond.

Schwab High Yield Bond ETF · State Street SPDR Portfolio High Yield Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
75.9 %

1,739 positions appear in both funds. Buying equal dollars of SCYB and SPHY would leave roughly 75.9% of each dollar exposed to the same underlying securities.

SCYB only 22.7% Shared 75.9% SPHY only 21.5%
In SCYB only
98 positions
Shared
1,739 positions
In SPHY only
173 positions

Side by side

SCYB

Schwab High Yield Bond ETF

Schwab · US High Yield Bond

81 composite / 100
Expense ratio
0.030%
Net assets
$2.65B
TTM yield
6.91%
Top-10 conc.
6.2%
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

97
Cost
95
44
Tax efficiency
44
75
Liquidity
100
100
Concentration
100
Tracking quality
SCYB sub-score SPHY

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

Cost difference

SCYB is 2 bps cheaper than SPHY. On a $100,000 position that's about $20/yr more in fees for SPHY.

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 SCYB vs SPHY.

Top shared holdings

1,739 shared in total
# Holding In SCYB In SPHY Overlap
1 1261229 BC LTD 0.45% 0.46% 0.45%
2 ECHOSTAR CORP 0.31% 0.42% 0.31%
3 CLOUD SOFTWARE GRP INC 0.26% 0.31% 0.26%
4 State Street Institutional US Government Money Market Fund 1.00% 0.25% 0.25%
5 QUIKRETE HOLDINGS INC 0.23% 0.32% 0.23%
6 ASURION LLC/ASURION CO 0.23% 0.23% 0.23%
7 CLOUD SOFTWARE GRP INC 0.23% 0.28% 0.23%
8 ASURION LLC/ASURION CO 0.23% 0.23% 0.23%
9 VENTURE GLOBAL LNG INC 0.22% 0.27% 0.22%
10 WULF COMPUTE LLC 0.22% 0.23% 0.22%
11 CARNIVAL CORP 0.20% 0.21% 0.20%
12 CCO HLDGS LLC/CAP CORP 0.19% 0.20% 0.19%

Only in SCYB

98 total
  • VISTRA OPERATIONS CO LLC 0.12%
  • VISTRA OPERATIONS CO LLC 0.10%
  • TEGNA INC 0.09%
  • CLOUD SOFTWARE GRP INC 0.09%
  • GENESIS ENERGY LP/FIN 0.09%
  • CABLEVISION LIGHTPATH 0.09%
  • CITGO PETROLEUM CORP 0.08%
  • SUNOCO LP/FINANCE CORP 0.08%
  • BUILDERS FIRSTSOURCE INC 0.08%
  • NFE FINANCING LLC 0.07%

Only in SPHY

173 total
  • SV RNO PROPERTY OWNER 1 0.27%
  • MEDLINE BORROWER LP 0.21%
  • NEXSTAR MEDIA INC 0.20%
  • CARVANA CO 0.18%
  • ECHOSTAR CORP 0.16%
  • BEACH ACQUISITION BIDCO 0.15%
  • BLACK PEARL COMPUTE LLC 0.13%
  • CARVANA CO 0.13%
  • OAK-EAGLE ACQUIRECO INC 0.13%
  • MEDLINE BORROWER/MEDL CO 0.11%

Open SCYB or SPHY at a brokerage

Both funds trade commission-free at major US brokerages.

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.