MIGvsSPHYETF Comparison
ETF 1
MIG
VanEck Moodys Analytics IG Corporate Bond ETF
This fund is part of
US Corporate IG Bonds
+0.03%
VS
ETF 2
SPHY
State Street SPDR Portfolio High Yield Bond ETF
This fund is part of
US Corporate HY Bonds
-0.14%
VanEck Moodys Analytics IG Corporate Bond ETF (MIG) belongs to the US Corporate IG Bonds segment. State Street SPDR Portfolio High Yield Bond ETF (SPHY) is part of the US Corporate HY Bonds segment. MIG's top 3 sector exposures are Finance, Consumer Non-Cyclicals and Technology. In contrast, SPHY's top sector exposures are Finance, Consumer Services and Industrials. MIG is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.05% for SPHY. MIG is down -2.34% year-to-date (YTD) with +$3M 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 MIG 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.
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MIG 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. | MIG SPHY | -0.42%-1.62% | -2.08%-1.97% | -2.34%+0.14% | -2.78%+1.56% | +17.85%+27.16% | +1.06%+20.38% |
| Flows | MIG SPHY | +$2M-$865K | -$1M+$695M | +$3M+$1.84B | +$4M+$2.74B | +$6M+$9.79B | +$6M+$11.74B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MIG SPHY | +4.50%+3.00% | +4.08%+2.70% | +4.89%+3.21% | +5.77%+4.64% |
| Max drawdown | MIG SPHY | -3.30%-2.79% | -5.02%-2.79% | -5.02%-3.97% | -20.66%-14.44% |
| Max drawdown duration | MIG SPHY | 92d50d | 229d50d | 229d75d | 1361d715d |
Trading data
MIG | SPHY | |
Last sale 10/16/2026 at 1:30 PM | $20.40 | $22.45 |
| Previous close 10/15/2026 | $20.41 | $22.53 |
| 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 October 17, 2026
1-year trailing difference
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MIG | SPHY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
MIG | SPHY | |
|---|---|---|
| Last price | $20.40 | $22.45 |
| 1D performance | -0.07% | -0.36% |
| AuM | $17.86 M | $11.70 B |
| E/R | 0.2% | 0.05% |
Characteristics
MIG | SPHY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VanEck | State Street Investment Management |
| Benchmark | MVIS Moody’s Analytics US Investment Grade Corporate Bond Index | ICE BofA US High Yield Index |
| N° of holdings | 376 | 1857 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 1, 2020 | June 18, 2012 |
| ESG | No | No |
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Exposure
Countries
MIG
USA
78.16%
Canada
9.98%
Other
11.86%
SPHY
USA
84.81%
Other
15.19%
Sectors
MIG
Finance
28.8%
Consumer Non-Cycl.
18.56%
Technology
14.01%
Telecommunication.
9.08%
Utilities
7.25%
Other
22.31%
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%
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Diversification
MIG
Total weight of top 15 holdings out of 15
12.16%
SPHY
Total weight of top 15 holdings out of 15
4.27%
Top 15 holdings
Data as of August 31, 2026
MIG
Alphabet, 4.7% 15nov2035, USD
1.23%
Meta Platforms, 5.5% 15nov2045, USD
1.13%
Microsoft, 2.525% 1jun2050, USD
1.05%
Mozart Debt Merger Sub, 3.875% 1apr2029, USD
0.90%
Alphabet, 5.35% 15nov2045, USD
0.85%
AT&T Inc, 3.8% 1dec2057, USD
0.82%
Toronto-Dominion Bank, 3.913% 13jan2028, USD (F)
0.74%
BNP Paribas, 3.5% 16nov2027, USD (2764)
0.73%
Capital One Financial, 5.197% 11sep2036, USD
0.71%
Amazon.com, 4.875% 13mar2036, USD
0.71%
PepsiCo, 2.75% 19mar2030, USD
0.70%
Equinix, 3.9% 15apr2032, USD
0.69%
Verizon Communications, 2.55% 21mar2031, USD
0.67%
Verizon Communications, 2.355% 15mar2032, USD
0.64%
Altria Group, 4.25% 9aug2042, USD
0.59%
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 MIG and SPHY
How have the MIG and SPHY ETFs performed in 2026?
As of October 16, 2026, MIG is down -2.34% 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: MIG or SPHY?
Year-to-date, the MIG ETF saw +$3M in flows, compared to +$1.84B for SPHY.
Which ETF is more volatile: MIG or SPHY?
Over the past year, MIG had a volatility of 4.08%, while SPHY experienced 2.7%.
Which ETF is bigger: MIG or SPHY?
As of October 16, 2026, MIG holds $17.86 M in assets under management (AUM), while SPHY manages $11.70 B.
What sectors do the MIG and SPHY ETFs invest in?
MIG leans toward sectors like Finance, Consumer Non-Cyclicals and Technology. Meanwhile, SPHY focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the MIG ETF and SPHY ETF?
MIG top holdings include Alphabet, 4.7% 15nov2035, USD, Meta Platforms, 5.5% 15nov2045, USD and Microsoft, 2.525% 1jun2050, 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: MIG or SPHY?
MIG holds 376 securities with 12.16% of its assets in the top 15. SPHY has 1883 securities and a top 15 weight of 4.27%.
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