PlainIndex
Menu

ETF comparison

SHYG vs SPHY

Both US High Yield Bond.

iShares 0-5 Year High Yield Corporate Bond ETF · State Street SPDR Portfolio High Yield Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
54.1 %

1,036 positions appear in both funds. Buying equal dollars of SHYG and SPHY would leave roughly 54.1% of each dollar exposed to the same underlying securities.

SHYG only 55.6% Shared 54.1% SPHY only 43.3%
In SHYG only
114 positions
Shared
1,036 positions
In SPHY only
876 positions

Side by side

SHYG

iShares 0-5 Year High Yield Corporate Bond ETF

iShares · US High Yield Bond

74 composite / 100
Expense ratio
0.30%
Net assets
$7.60B
TTM yield
7.00%
Top-10 conc.
16.3%
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

70
Cost
95
44
Tax efficiency
44
95
Liquidity
100
91
Concentration
100
—
Tracking quality
—
SHYG sub-score SPHY

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

Cost difference

SPHY is 25 bps cheaper than SHYG. On a $100,000 position that's about $250/yr more in fees for SHYG.

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 SHYG vs SPHY.

Top shared holdings

1,036 shared in total
# Holding In SHYG In SPHY Overlap
1 ECHOSTAR CORP 0.53% 0.42% 0.42%
2 CLOUD SOFTWARE GRP INC 0.46% 0.31% 0.31%
3 CLOUD SOFTWARE GRP INC 0.44% 0.28% 0.28%
4 VENTURE GLOBAL LNG INC 0.38% 0.27% 0.27%
5 SV RNO PROPERTY OWNER 1 0.26% 0.27% 0.26%
6 DISH NETWORK CORP 0.37% 0.24% 0.24%
7 WULF COMPUTE LLC 0.39% 0.23% 0.23%
8 CCO HLDGS LLC/CAP CORP 0.31% 0.22% 0.22%
9 AMERICAN AIRLINES/AADVAN 0.35% 0.22% 0.22%
10 HUB INTERNATIONAL LTD 0.39% 0.22% 0.22%
11 CCO HLDGS LLC/CAP CORP 0.27% 0.20% 0.20%
12 TRANSDIGM INC 0.33% 0.20% 0.20%

Only in SHYG

114 total
  • BlackRock Funds III 12.63%
  • DISH DBS CORP 0.33%
  • DISH DBS CORP 0.24%
  • MERIDIAN ARC HOLDCO LLC 0.19%
  • PR RNO PROPERTY OWNER 1 0.18%
  • WYNN MACAU LTD 0.16%
  • TEVA PHARMACEUTICALS NE 0.15%
  • TEVA PHARMACEUTICALS NE 0.15%
  • SAKS Global Enterprises LLC 0.14%
  • CORE SCIENTIFIC FINANCE 0.14%

Only in SPHY

876 total
  • QUIKRETE HOLDINGS INC 0.32%
  • State Street Global Advisors 0.25%
  • PANTHER ESCROW ISSUER 0.24%
  • ASURION LLC/ASURION CO 0.23%
  • TRANSDIGM INC 0.23%
  • ASURION LLC/ASURION CO 0.23%
  • VENTURE GLOBAL LNG INC 0.21%
  • CARNIVAL CORP 0.21%
  • TRANSDIGM INC 0.20%
  • NEXSTAR MEDIA INC 0.20%

Open SHYG 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.