SPHYvsBBHYETF Comparison
ETF 1
SPHY
State Street SPDR Portfolio High Yield Bond ETF
This fund is part of
US Corporate HY Bonds
+0.17%
VS
ETF 2
BBHY
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
This fund is part of
US Corporate HY Bonds
+0.17%
The ETFs State Street SPDR Portfolio High Yield Bond ETF (SPHY) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) track the ICE BofA US High Yield GTR Index - USD and belong to the same industry segment: US Corporate HY Bonds. Both ETFs have the same top 3 sector exposures: Finance, Consumer Services and Industrials. SPHY is less expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.07% for BBHY. SPHY is up 2% year-to-date (YTD) with +$1.83B in YTD flows. BBHY performs worse with 1.94% YTD performance, and -$60M in YTD flows. Run a side-by-side ETF comparison of SPHY and BBHY 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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SPHY vs BBHY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/21/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPHY BBHY | -0.49%-0.53% | +0.15%+0.07% | +2.00%+1.94% | +3.20%+3.15% | +27.98%+27.20% | +22.10%+20.37% |
| Flows | SPHY BBHY | +$223M+$6M | +$845M+$15M | +$1.83B-$60M | +$3.12B+$3M | +$10.08B+$182M | +$11.78B-$820M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPHY BBHY | +2.20%+2.18% | +2.54%+2.62% | +3.24%+3.37% | +4.62%+5.00% |
| Max drawdown | SPHY BBHY | -1.09%-1.17% | -2.19%-2.20% | -3.97%-3.91% | -14.44%-14.76% |
| Max drawdown duration | SPHY BBHY | 25d25d | 50d45d | 75d72d | 715d721d |
Trading data
SPHY | BBHY | |
Last sale 9/22/2026 at 1:30 PM | $23.03 | $45.21 |
| Previous close 09/21/2026 | $23.03 | $45.20 |
| Consolidated volume 09/21/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 22, 2026
1-year trailing difference
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SPHY | BBHY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/22/2026 at 1:30 PM
Live
Closed
SPHY | BBHY | |
|---|---|---|
| Last price | $23.03 | $45.21 |
| 1D performance | +0.00% | +0.02% |
| AuM | $11.98 B | $619.96 M |
| E/R | 0.05% | 0.07% |
Characteristics
SPHY | BBHY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | J.P. Morgan Asset Management |
| Benchmark | ICE BofA US High Yield Index | ICE BofA US High Yield Index |
| N° of holdings | 1897 | 1661 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 18, 2012 | September 14, 2016 |
| ESG | No | No |
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Exposure
Countries
SPHY
USA
85.68%
Other
14.32%
BBHY
USA
87.82%
Other
12.18%
Sectors
SPHY
Finance
17.48%
Consumer Services
11.89%
Industrials
11.35%
Energy
9.29%
Non-Energy Materi.
8.44%
Business Services
7.19%
Other
34.37%
BBHY
Finance
17.83%
Consumer Services
12.61%
Industrials
10.99%
Non-Energy Materi.
9.42%
Energy
9.23%
Business Services
7.56%
Other
32.36%
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Diversification
SPHY
Total weight of top 15 holdings out of 15
4.14%
BBHY
Total weight of top 15 holdings out of 15
4.88%
Top 15 holdings
Data as of July 31, 2026
SPHY
1261229 B.C., 10% 15apr2032, USD
0.42%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.38%
EchoStar, 10.75% 30nov2029, USD
0.38%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.28%
Cloud Software Group, 6.5% 31mar2029, USD
0.27%
Cloud Software Group, 9% 30sep2029, USD
0.27%
Quikrete Holdings, 6.375% 1mar2032, USD
0.25%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.25%
Core Scientific Finance I, 7.75% 15may2031, USD
0.24%
Nexstar Media, 6.5% 15sep2033, USD
0.24%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.24%
Centene, 4.625% 15dec2029, USD
0.23%
TransDigm, 6.625% 1mar2032, USD
0.23%
American Airlines, 5.75% 20apr2029, USD
0.23%
Galaxy Helios Data Center II, 9.875% 1aug2031, USD
0.23%
BBHY
Venture Global LNG, 9.5% 1feb2029, USD
0.40%
EchoStar, 10.75% 30nov2029, USD
0.40%
1261229 B.C., 10% 15apr2032, USD
0.39%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.39%
Quikrete Holdings, 6.375% 1mar2032, USD
0.38%
Centene, 4.625% 15dec2029, USD
0.32%
CCO Holdings, 5.375% 1jun2029, USD
0.32%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.31%
Cloud Software Group, 6.5% 31mar2029, USD
0.30%
TransDigm, 6.375% 31may2033, USD
0.29%
Oak-Eagle AcquireCo, 8.75% 1jul2034, USD
0.28%
Nissan Motor, 4.345% 17sep2027, USD
0.28%
Nexstar Media, 6.5% 15sep2033, USD
0.27%
Carvana, 14% 1jun2031, USD
0.27%
Allied Universal HoldCo, 7.875% 15feb2031, USD
0.26%
Frequently asked questions about SPHY and BBHY
How have the SPHY and BBHY ETFs performed in 2026?
As of September 21, 2026, SPHY is up 2% year-to-date (YTD), while BBHY has returned 1.94%. That puts SPHY better performer ahead so far this year.
Which ETF is attracting more investor money: SPHY or BBHY?
Year-to-date, the SPHY ETF saw +$1.83B in flows, compared to -$60M for BBHY.
Which ETF is more volatile: SPHY or BBHY?
Over the past year, SPHY had a volatility of 2.54%, while BBHY experienced 2.62%.
Which ETF is bigger: SPHY or BBHY?
As of September 21, 2026, SPHY holds $11.98 B in assets under management (AUM), while BBHY manages $619.96 M.
What sectors do the SPHY and BBHY ETFs invest in?
SPHY leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, BBHY focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the SPHY ETF and BBHY ETF?
SPHY top holdings include 1261229 B.C., 10% 15apr2032, USD, Meridian Arc HoldCo, 6.25% 30apr2031, USD and EchoStar, 10.75% 30nov2029, USD. BBHY holds in its top three: Venture Global LNG, 9.5% 1feb2029, USD, EchoStar, 10.75% 30nov2029, USD and 1261229 B.C., 10% 15apr2032, USD.
Which ETF is more diversified: SPHY or BBHY?
SPHY holds 1908 securities with 4.14% of its assets in the top 15. BBHY has 1663 securities and a top 15 weight of 4.88%.
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