GTOQvsSPHYETF Comparison
VS
ETF 2
SPHY
State Street SPDR Portfolio High Yield Bond ETF
This fund is part of
US Corporate HY Bonds
-0.14%
Invesco High Yield Bond Factor ETF (GTOQ) belongs to the Intl HY Bonds segment. State Street SPDR Portfolio High Yield Bond ETF (SPHY) is part of the US Corporate HY Bonds segment. Both ETFs have the same top 3 sector exposures: Finance, Consumer Services and Industrials. GTOQ is more expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.05% for SPHY. GTOQ is down -4.33% year-to-date (YTD) with +$22M in YTD flows. SPHY performs better with 0.14% YTD performance, and +$1.84B in YTD flows. Run a side-by-side ETF comparison of GTOQ and SPHY 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
GTOQ vs SPHY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GTOQ SPHY | -2.49%-1.62% | -3.90%-1.97% | -4.33%+0.14% | -3.03%+1.56% | +18.64%+27.16% | +11.38%+20.38% |
| Flows | GTOQ SPHY | -$23M-$865K | -$23M+$695M | +$22M+$1.84B | +$52M+$2.74B | +$115M+$9.79B | +$123M+$11.74B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GTOQ SPHY | +3.37%+3.00% | +3.27%+2.70% | +3.61%+3.21% | +4.84%+4.64% |
| Max drawdown | GTOQ SPHY | -3.96%-2.79% | -4.94%-2.79% | -4.94%-3.97% | -15.42%-14.44% |
| Max drawdown duration | GTOQ SPHY | 64d50d | 270d50d | 270d75d | 722d715d |
Trading data
GTOQ | SPHY | |
Last sale 10/16/2026 at 1:30 PM | $21.51 | $22.45 |
| Previous close 10/16/2026 | $21.61 | $22.53 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 19, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
GTOQ
is actively managed and doesn’t replicate an indexGTOQ | SPHY | |
|---|---|---|
| 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
GTOQ | SPHY | |
|---|---|---|
| Last price | $21.51 | $22.45 |
| 1D performance | -0.43% | -0.36% |
| AuM | $151.69 M | $11.70 B |
| E/R | 0.39% | 0.05% |
Characteristics
GTOQ | SPHY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Invesco | State Street Investment Management |
| Benchmark | - | ICE BofA US High Yield Index |
| N° of holdings | 467 | 1857 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 12, 2020 | June 18, 2012 |
| ESG | No | No |
Advertisement
Exposure
Countries
GTOQ
USA
85.69%
Other
14.31%
SPHY
USA
84.81%
Other
15.19%
Sectors
GTOQ
Finance
21.63%
Consumer Services
11.68%
Industrials
10.88%
Consumer Cyclical.
9.6%
Energy
9.36%
Non-Energy Materi.
8.67%
Other
28.18%
SPHY
Finance
17.06%
Consumer Services
11.72%
Industrials
11.31%
Energy
9.31%
Non-Energy Materi.
8.35%
Business Services
7.01%
Other
35.25%
Advertisement
Diversification
GTOQ
Total weight of top 15 holdings out of 15
8.88%
SPHY
Total weight of top 15 holdings out of 15
4.27%
Top 15 holdings
Data as of August 31, 2026
GTOQ
Rakuten Group, 9.75% 15apr2029, USD
0.74%
Core Scientific Finance I, 7.75% 15may2031, USD
0.69%
American Airlines, 7.25% 15feb2028, USD
0.66%
APLD ComputeCo 2, 6.75% 15mar2031, USD
0.61%
Venture Global LNG, 9.5% 1feb2029, USD
0.60%
Edged Compute, 7.5% 30apr2031, USD
0.59%
Albertsons Companies Inc, 5.75% 31mar2034, USD
0.58%
Clarivate Science Holdings, 3.875% 1jul2028, USD
0.57%
Sunoco LP, 5.875% 15mar2028, USD
0.57%
Asurion LLC, 8% 31dec2032, USD
0.56%
Brink's Co, 4.625% 15oct2027, USD
0.56%
Dream Finders Homes, 6.875% 15sep2030, USD
0.55%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.54%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.53%
Global Aircraft Leasing, 8.75% 1sep2027, USD
0.53%
SPHY
1261229 B.C., 10% 15apr2032, USD
0.47%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.40%
EchoStar, 10.75% 30nov2029, USD
0.38%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.32%
Cloud Software Group, 6.5% 31mar2029, USD
0.29%
Cloud Software Group, 9% 30sep2029, USD
0.26%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.26%
Quikrete Holdings, 6.375% 1mar2032, USD
0.25%
Nexstar Media, 6.5% 15sep2033, USD
0.25%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.25%
Galaxy Helios Data Center II, 9.875% 1aug2031, USD
0.24%
TransDigm, 6.625% 1mar2032, USD
0.24%
American Airlines, 5.75% 20apr2029, USD
0.23%
Asurion LLC, 8% 31dec2032, USD
0.23%
Asurion LLC, 8.375% 1feb2034, USD
0.22%
Frequently asked questions about GTOQ and SPHY
How have the GTOQ and SPHY ETFs performed in 2026?
As of October 16, 2026, GTOQ is down -4.33% year-to-date (YTD), while SPHY has returned 0.14%. That puts SPHY better performer ahead so far this year.
Which ETF is attracting more investor money: GTOQ or SPHY?
Year-to-date, the GTOQ ETF saw +$22M in flows, compared to +$1.84B for SPHY.
Which ETF is more volatile: GTOQ or SPHY?
Over the past year, GTOQ had a volatility of 3.27%, while SPHY experienced 2.7%.
Which ETF is bigger: GTOQ or SPHY?
As of October 16, 2026, GTOQ holds $151.69 M in assets under management (AUM), while SPHY manages $11.70 B.
What sectors do the GTOQ and SPHY ETFs invest in?
GTOQ leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, SPHY focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the GTOQ ETF and SPHY ETF?
GTOQ top holdings include Rakuten Group, 9.75% 15apr2029, USD, Core Scientific Finance I, 7.75% 15may2031, USD and American Airlines, 7.25% 15feb2028, USD. SPHY holds in its top three: 1261229 B.C., 10% 15apr2032, USD, Meridian Arc HoldCo, 6.25% 30apr2031, USD and EchoStar, 10.75% 30nov2029, USD.
Which ETF is more diversified: GTOQ or SPHY?
GTOQ holds 471 securities with 8.88% of its assets in the top 15. SPHY has 1883 securities and a top 15 weight of 4.27%.
Advertisement
Advertisement
