SPDR Portfolio High Yield Bond ETF (SPHY) Alternatives

SPDR Portfolio High Yield Bond ETF (SPHY) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPHY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to SPHY

SPHY charges 0.10% annually. Among ETFs in the High Yield Bonds category, these options have the lowest expense ratios among SPHY alternatives.

Symbol	Name	Expense Ratio	Inception
SCYB	Schwab High Yield Bond ETF	0.03%	Jul 10, 2023	SPHY vs SCYB
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	Dec 7, 2016	SPHY vs HYLB
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	Sep 15, 2016	SPHY vs BBHY
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	Oct 25, 2017	SPHY vs USHY
SHYL	Xtrackers Short Duration High Yield Bond ETF	0.20%	Jan 10, 2018	SPHY vs SHYL

Best Risk-Adjusted Alternatives to SPHY

Among ETFs in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	98	May 7, 2019	SPHY vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	91	Aug 9, 2018	SPHY vs BSJQ
THY	Agility Shares Dynamic Tactical Income ETF	88	Jun 25, 2020	SPHY vs THY
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	88	Nov 7, 2024	SPHY vs LDRH
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	87	Sep 12, 2019	SPHY vs BSJR

Top Performing SPHY Alternatives (YTD)

SPHY alternatives from the High Yield Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
XHYE	BondBloxx US High Yield Energy Sector ETF	2.27%	Feb 15, 2022	SPHY vs XHYE
YLD	Principal Active High Yield ETF	0.96%	Jul 9, 2015	SPHY vs YLD
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	0.66%	Aug 9, 2018	SPHY vs BSJQ
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	0.51%	Nov 7, 2024	SPHY vs LDRH
PSH	PGIM Short Duration High Yield ETF	0.41%	Dec 14, 2023	SPHY vs PSH

Lowest Volatility Alternatives to SPHY

SPHY alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	0.00%	May 7, 2019	SPHY vs IBHD
BSJO	Invesco BulletShares 2024 High Yield Corporate Bon...	0.00%	Sep 14, 2016	SPHY vs BSJO
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	Mar 3, 2015	SPHY vs ESHY
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	1.33%	May 7, 2019	SPHY vs IBHE
FLRT	Pacific Global Senior Loan ETF	3.04%	Feb 19, 2015	SPHY vs FLRT

Lowest Drawdown Alternatives to SPHY

SPHY alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	-0.73%	May 7, 2019	SPHY vs IBHE
THY	Agility Shares Dynamic Tactical Income ETF	-1.60%	Jun 25, 2020	SPHY vs THY
FTSL	First Trust Senior Loan Fund	-2.33%	May 1, 2013	SPHY vs FTSL
FLRT	Pacific Global Senior Loan ETF	-2.47%	Feb 19, 2015	SPHY vs FLRT
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-2.52%	Aug 9, 2018	SPHY vs BSJQ

Other ETFs from State Street

Most popular State Street ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	SPHY vs SPY
GLD	SPDR Gold Shares	Gold, Precious Metals	87	8.57%	Nov 18, 2004	SPHY vs GLD
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	69	-7.57%	Dec 16, 1998	SPHY vs XLK
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	66	-8.12%	Sep 25, 2000	SPHY vs SPYG
SPYD	SPDR Portfolio S&P 500 High Dividend ETF	S&P 500, Dividend	30	6.32%	Oct 21, 2015	SPHY vs SPYD
GLDM	SPDR Gold MiniShares Trust	Precious Metals, Gold	88	8.57%	Jun 25, 2018	SPHY vs GLDM
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	73	37.91%	Dec 16, 1998	SPHY vs XLE
XLU	Utilities Select Sector SPDR Fund	Utilities Equities	71	8.25%	Dec 16, 1998	SPHY vs XLU
BIL	SPDR Barclays 1-3 Month T-Bill ETF	Government Bonds	100	0.85%	May 25, 2007	SPHY vs BIL
DIA	SPDR Dow Jones Industrial Average ETF	Large Cap Growth Equities	47	-3.25%	Jan 14, 1998	SPHY vs DIA

Often Compared With SPHY

What investors most often compare with SPHY, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	High Yield Bonds	78	-0.35%	Apr 11, 2007	SPHY vs HYG
JNK	SPDR Barclays High Yield Bond ETF	High Yield Bonds	78	-0.43%	Nov 28, 2007	SPHY vs JNK
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	High Yield Bonds	80	-0.16%	Oct 15, 2013	SPHY vs SHYG
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	High Yield Bonds	92	-1.68%	Nov 12, 2001	SPHY vs VWEAX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	SPHY vs SCHD
BND	Vanguard Total Bond Market ETF	Total Bond Market	59	0.05%	Apr 3, 2007	SPHY vs BND
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	High Yield Bonds, Actively Managed	64	0.36%	May 27, 2014	SPHY vs HYGH
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	SPHY vs VOO
SPBO	SPDR Portfolio Corporate Bond ETF	Corporate Bonds	58	-0.23%	Apr 6, 2011	SPHY vs SPBO
HYS	PIMCO 0-5 Year High Yield Corporate Bond Index ETF	High Yield Bonds	79	-0.39%	Jun 16, 2011	SPHY vs HYS
HYDB	iShares High Yield Bond Factor ETF	High Yield Bonds	61	-0.64%	Jul 11, 2017	SPHY vs HYDB
HYGV	FlexShares High Yield Value-Scored US Bond Index F...	High Yield Bonds	68	-0.52%	Jul 17, 2018	SPHY vs HYGV
HYBL	SPDR Blackstone High Income ETF	High Yield Bonds	79	-1.05%	Feb 16, 2022	SPHY vs HYBL
JBBB	Janus Henderson B-BBB CLO ETF	CLO	49	-0.81%	Jan 11, 2022	SPHY vs JBBB
HYBB	iShares BB Rated Corporate Bond ETF	High Yield Bonds	78	-0.40%	Oct 6, 2020	SPHY vs HYBB
RITGX	American Funds American High-Income Trust® Class R...	High Yield Bonds	82	-1.08%	Aug 4, 2008	SPHY vs RITGX
VT	Vanguard Total World Stock ETF	Global Equities	77	-1.71%	Jun 24, 2008	SPHY vs VT
HYSA	Bondbloxx USD High Yield Bond Sector Rotation ETF	High Yield Bonds	60	-0.98%	Sep 18, 2023	SPHY vs HYSA
SPLB	SPDR Portfolio Long Term Corporate Bond ETF	Corporate Bonds	25	-0.71%	Mar 10, 2009	SPHY vs SPLB
FSHNX	Fidelity Series High Income Fund	High Yield Bonds	95	-0.85%	Mar 10, 2011	SPHY vs FSHNX

Compare SPHY with Any Fund or Stock

Compare SPHY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

SPDR Portfolio High Yield Bond ETF

Symbol name