XHYI vs. SPHY
Compare and contrast key facts about BondBloxx US High Yield Industrial Sector ETF (XHYI) and SPDR Portfolio High Yield Bond ETF (SPHY).
XHYI and SPHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHYI is a passively managed fund by BondBloxx that tracks the performance of the ICE Diversified US Cash Pay High Yield Core Industrial Index. It was launched on Feb 15, 2022. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012. Both XHYI and SPHY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XHYI vs. SPHY - Performance Comparison
Loading graphics...
XHYI vs. SPHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XHYI BondBloxx US High Yield Industrial Sector ETF | -0.78% | 7.90% | 7.46% | 11.86% | -4.70% |
SPHY SPDR Portfolio High Yield Bond ETF | -0.07% | 8.59% | 8.54% | 12.81% | -6.69% |
Returns By Period
In the year-to-date period, XHYI achieves a -0.78% return, which is significantly lower than SPHY's -0.07% return.
XHYI
- 1D
- 0.36%
- 1M
- -1.10%
- YTD
- -0.78%
- 6M
- 0.58%
- 1Y
- 6.50%
- 3Y*
- 7.09%
- 5Y*
- —
- 10Y*
- —
SPHY
- 1D
- 0.25%
- 1M
- -0.69%
- YTD
- -0.07%
- 6M
- 1.01%
- 1Y
- 7.16%
- 3Y*
- 8.49%
- 5Y*
- 4.36%
- 10Y*
- 5.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XHYI vs. SPHY - Expense Ratio Comparison
XHYI has a 0.35% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Return for Risk
XHYI vs. SPHY — Risk / Return Rank
XHYI
SPHY
XHYI vs. SPHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Industrial Sector ETF (XHYI) and SPDR Portfolio High Yield Bond ETF (SPHY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| XHYI | SPHY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 1.31 | +0.10 |
Sortino ratioReturn per unit of downside risk | 2.17 | 1.94 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 1.81 | +0.17 |
Martin ratioReturn relative to average drawdown | 9.19 | 9.48 | -0.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XHYI | SPHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.31 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.63 | +0.10 |
Correlation
The correlation between XHYI and SPHY is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
XHYI vs. SPHY - Dividend Comparison
XHYI's dividend yield for the trailing twelve months is around 6.70%, less than SPHY's 7.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHYI BondBloxx US High Yield Industrial Sector ETF | 6.70% | 6.49% | 6.89% | 6.41% | 5.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.37% | 7.38% | 7.80% | 7.30% | 6.47% | 5.13% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% |
Drawdowns
XHYI vs. SPHY - Drawdown Comparison
The maximum XHYI drawdown since its inception was -10.96%, smaller than the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for XHYI and SPHY.
Loading graphics...
Drawdown Indicators
| XHYI | SPHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.96% | -21.97% | +11.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.37% | -4.07% | +0.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.97% | — |
Current DrawdownCurrent decline from peak | -1.60% | -1.06% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -1.77% | -2.32% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 0.78% | -0.05% |
Volatility
XHYI vs. SPHY - Volatility Comparison
The current volatility for BondBloxx US High Yield Industrial Sector ETF (XHYI) is 1.98%, while SPDR Portfolio High Yield Bond ETF (SPHY) has a volatility of 2.23%. This indicates that XHYI experiences smaller price fluctuations and is considered to be less risky than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XHYI | SPHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.98% | 2.23% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 2.88% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 5.50% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.06% | 7.16% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.06% | 7.97% | -0.91% |