FLHYvsSPBOETF Comparison
VS
ETF 2
SPBO
State Street SPDR Portfolio Corporate Bond ETF
This fund is part of
US Corporate IG Bonds
+0.03%
Franklin High Yield Corporate ETF (FLHY) belongs to the Intl HY Bonds segment. State Street SPDR Portfolio Corporate Bond ETF (SPBO) is part of the US Corporate IG Bonds segment. FLHY's top 3 sector exposures are Finance, Industrials and Consumer Services. In contrast, SPBO's top sector exposures are Finance, Utilities and Technology. FLHY is more expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.03% for SPBO. FLHY is down -3.45% year-to-date (YTD) with +$572M in YTD flows. SPBO performs better with -1.61% YTD performance, and +$426M in YTD flows. Run a side-by-side ETF comparison of FLHY and SPBO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FLHY vs SPBO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FLHY SPBO | -2.08%-0.30% | -3.53%-1.96% | -3.45%-1.61% | -2.71%-1.88% | +20.55%+18.92% | +6.57%-0.36% |
| Flows | FLHY SPBO | -$13M-$38M | +$46M+$92M | +$572M+$426M | +$642M+$490M | +$1.02B+$1.19B | +$979M+$1.82B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FLHY SPBO | +3.58%+4.67% | +3.23%+4.25% | +3.34%+5.35% | +4.68%+6.63% |
| Max drawdown | FLHY SPBO | -4.08%-3.36% | -4.82%-4.52% | -4.82%-4.67% | -18.64%-21.96% |
| Max drawdown duration | FLHY SPBO | 50d89d | 240d229d | 240d280d | 1008d1436d |
Trading data
FLHY | SPBO | |
Last sale 10/16/2026 at 1:30 PM | $23.34 | $27.78 |
| Previous close 10/15/2026 | $23.39 | $27.80 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FLHY
is actively managed and doesn’t replicate an indexFLHY | SPBO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
FLHY | SPBO | |
|---|---|---|
| Last price | $23.34 | $27.78 |
| 1D performance | -0.21% | -0.07% |
| AuM | $1.22 B | $2.12 B |
| E/R | 0.4% | 0.03% |
Characteristics
FLHY | SPBO | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Franklin Templeton | State Street Investment Management |
| Benchmark | - | Bloomberg U.S. Corporate Bond Index |
| N° of holdings | 279 | 4113 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 30, 2018 | April 6, 2011 |
| ESG | No | No |
Advertisement
Exposure
Countries
FLHY
USA
82.48%
Other
17.52%
SPBO
USA
82.26%
Other
17.74%
Sectors
FLHY
Finance
16.64%
Industrials
15.12%
Consumer Services
13.56%
Energy
12.97%
Non-Energy Materi.
8.29%
Other
33.42%
SPBO
Finance
34.65%
Utilities
9.9%
Technology
9.66%
Healthcare
8.67%
Other
37.12%
Advertisement
Diversification
FLHY
Total weight of top 15 holdings out of 15
12.82%
SPBO
Total weight of top 15 holdings out of 15
2.4%
Top 15 holdings
Data as of August 31, 2026
FLHY
Archrock Partners, 6% 1feb2034, USD
1.00%
DaVita, 4.625% 1jun2030, USD
0.97%
Industrial F&B Investments III, 7.75% 11feb2033, USD
0.91%
DexKo Global, 7.5% 15apr2032, USD
0.89%
Leeward Renewable Energy Operating, 4.25% 1jul2029, USD
0.88%
PetSmart, 7.5% 15sep2032, USD
0.88%
US28201XAB10
0.85%
Mohegan Gaming & Entertainment, 8.25% 15apr2030, USD
0.84%
Beach Acquisition Bidco, 10% 15jul2033, USD
0.83%
Fortress Intermediate 3, 7.5% 1jun2031, USD
0.83%
Froneri Lux Finco, 6% 1aug2032, USD
0.81%
Kedrion, 6.5% 1sep2029, USD
0.80%
A&K Travel Group Holdings, 7.5% 15may2033, USD
0.79%
Clydesdale Acquisition Holdings, 6.75% 15apr2032, USD
0.79%
Banijay Entertainment, 8.125% 1may2029, USD
0.77%
SPBO
Citigroup, 4.91% 24may2033, USD
0.20%
Bank of America Corporation, 7.75% 14may2038, USD
0.20%
Bank of America Corporation, 3.419% 20dec2028, USD
0.20%
JP Morgan, 5.576% 23jul2036, USD
0.18%
British American Tobacco, 7.079% 2aug2043, USD
0.18%
Anheuser-Busch, 4.9% 1feb2046, USD
0.16%
Meta Platforms, 4.6% 15nov2032, USD
0.16%
Bank of America Corporation, 3.97% 5mar2029, USD (M)
0.15%
Amazon.com, 4% 13mar2029, USD
0.15%
Goldman Sachs, 4.411% 23apr2039, USD
0.14%
CVS Health, 6% 1jun2044, USD
0.14%
Verizon Communications, 2.1% 22mar2028, USD
0.14%
T-Mobile USA, 3.875% 15apr2030, USD
0.14%
AbbVie, 4.8% 15mar2029, USD
0.13%
Goldman Sachs, 3.814% 23apr2029, USD
0.13%
Frequently asked questions about FLHY and SPBO
How have the FLHY and SPBO ETFs performed in 2026?
As of October 16, 2026, FLHY is down -3.45% year-to-date (YTD), while SPBO has lost -1.61%. That puts SPBO better performer ahead so far this year.
Which ETF is attracting more investor money: FLHY or SPBO?
Year-to-date, the FLHY ETF saw +$572M in flows, compared to +$426M for SPBO.
Which ETF is more volatile: FLHY or SPBO?
Over the past year, FLHY had a volatility of 3.23%, while SPBO experienced 4.25%.
Which ETF is bigger: FLHY or SPBO?
As of October 16, 2026, FLHY holds $1.22 B in assets under management (AUM), while SPBO manages $2.12 B.
What sectors do the FLHY and SPBO ETFs invest in?
FLHY leans toward sectors like Finance, Industrials and Consumer Services. Meanwhile, SPBO focuses on Finance, Utilities and Technology.
What are the top holdings of the FLHY ETF and SPBO ETF?
FLHY top holdings include Archrock Partners, 6% 1feb2034, USD, DaVita, 4.625% 1jun2030, USD and Industrial F&B Investments III, 7.75% 11feb2033, USD. SPBO holds in its top three: Citigroup, 4.91% 24may2033, USD, Bank of America Corporation, 7.75% 14may2038, USD and Bank of America Corporation, 3.419% 20dec2028, USD.
Which ETF is more diversified: FLHY or SPBO?
FLHY holds 285 securities with 12.82% of its assets in the top 15. SPBO has 4241 securities and a top 15 weight of 2.4%.
Advertisement
Advertisement
