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ETF comparison

SCYB vs SPHY

Both US High Yield Bond.

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

Holdings overlap

Weighted by ISIN/CUSIP
76.3 %

1,748 positions appear in both funds. Buying equal dollars of SCYB and SPHY would leave roughly 76.3% of each dollar exposed to the same underlying securities.

SCYB unmatched 20.9% Shared 76.3% SPHY unmatched 22.0%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In SCYB only
91 positions
Shared
1,748 positions
In SPHY only
181 positions

Side by side

SCYB

Schwab High Yield Bond ETF

Schwab · US High Yield Bond

82 composite / 100
Expense ratio
0.030%
Net assets
$2.79B
TTM yield
6.56%
Top-10 conc.
2.7%
SPHY

State Street SPDR Portfolio High Yield Bond Index ETF

State Street · US High Yield Bond

87 composite / 100
Expense ratio
0.050%
Net assets
$11.89B
TTM yield
6.78%
Top-10 conc.
3.1%

Sub-score comparison

97
Cost
95
45
Tax efficiency
44
76
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

1,748 shared in total
# Holding In SCYB In SPHY Overlap
1 1261229 BC LTD 0.43% 0.42% 0.42%
2 MERIDIAN ARC HOLDCO LLC 0.34% 0.40% 0.34%
3 PR RNO PROPERTY OWNER 1 0.26% 0.30% 0.26%
4 ECHOSTAR CORP 0.26% 0.40% 0.26%
5 CLOUD SOFTWARE GRP LLC 0.26% 0.28% 0.26%
6 QUIKRETE HOLDINGS INC 0.24% 0.28% 0.24%
7 CLOUD SOFTWARE GRP LLC 0.22% 0.27% 0.22%
8 ASURION LLC/ASURION CO 0.22% 0.22% 0.22%
9 NEXSTAR MEDIA INC 0.22% 0.22% 0.22%
10 SV RNO PROPERTY OWNER 1 0.21% 0.27% 0.21%
11 CENTENE CORP 0.21% 0.22% 0.21%
12 CORE SCIENTIFIC FINANCE 0.20% 0.24% 0.20%

Only in SCYB

91 total
  • GALAXY HELIOS DATA CNTR 0.24%
  • CARRIX INC 0.18%
  • ZENITH ARC LLC 0.15%
  • GAINWELL ACQUISITION COR 0.13%
  • CORELOGIC INC 0.11%
  • SCIH SALT HOLDINGS INC 0.08%
  • CITGO PETROLEUM CORP 0.07%
  • BORR IHC LTD / BORR FIN 0.07%
  • BORR IHC LTD / BORR FIN 0.06%
  • ANTERO MIDSTREAM PART/FI 0.06%

Only in SPHY

181 total
  • DISH NETWORK CORP 0.22%
  • CARVANA CO 0.17%
  • BEACH ACQUISITION BIDCO 0.17%
  • ECHOSTAR CORP 0.16%
  • JANE STREET GRP/JSG FIN 0.14%
  • DISH DBS CORP 0.13%
  • JANE STREET GRP/JSG FIN 0.13%
  • CARVANA CO 0.13%
  • DISH DBS CORP 0.13%
  • JANE STREET GRP/JSG FIN 0.12%

Percentages are holdings overlap with the named fund.

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.