SPHYvsHYLBETF Comparison

ETF 1

SPHY

State Street SPDR Portfolio High Yield Bond ETF

This fund is part of

US Corporate HY Bonds

-0.18%

Full SPHY fund page

ETF 2

HYLB

Xtrackers USD High Yield Corporate Bond ETF

This fund is part of

US Corporate HY Bonds

-0.18%

Full HYLB fund page

State Street SPDR Portfolio High Yield Bond ETF (SPHY) and Xtrackers USD High Yield Corporate Bond ETF (HYLB) belong to the same industry segment: US Corporate HY Bonds. Both ETFs have the same top 3 sector exposures: Finance, Consumer Services and Industrials. Both SPHY and HYLB have the same Total Expense Ratio (TER) of 0.05%. SPHY is up 0.91% year-to-date (YTD) with +$2.02B in YTD flows. HYLB performs worse with 0.75% YTD performance, and -$587M in YTD flows. Run a side-by-side ETF comparison of SPHY and HYLB 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 HYLB performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 11/05/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SPHY HYLB	+0.72%+0.90%	-1.38%-1.38%	+0.91%+0.75%	+2.38%+2.40%	+25.66%+25.16%	+20.47%+18.86%
Flows	SPHY HYLB	-$8M+$18M	+$318M-$82M	+$2.02B-$587M	+$2.46B-$554M	+$9.91B+$366M	+$11.89B-$2.85B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SPHY HYLB	+3.19%+3.29%	+2.77%+2.84%	+3.09%+3.29%	+4.65%+5.19%
Max drawdown	SPHY HYLB	-2.80%-2.96%	-2.80%-2.96%	-3.97%-3.68%	-14.44%-15.02%
Max drawdown duration	SPHY HYLB	70d70d	70d70d	75d68d	715d728d

Trading data

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	SPHY	HYLB
Last sale 11/6/2026 at 2:30 PM	$22.53	$35.21
Previous close 11/04/2026	$22.53	$35.24
Consolidated volume 11/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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	SPHY	HYLB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 11/6/2026 at 2:30 PM

Live

Closed

	SPHY	HYLB
Last price	$22.53	$35.21
1D performance	+0.00%	-0.09%
AuM	$11.89 B	$3.28 B
E/R	0.05%	0.05%

Characteristics

	SPHY	HYLB
Management strategy	Passive	Passive
Provider	State Street Investment Management	Xtrackers by DWS
Benchmark	ICE BofA US High Yield Index	Solactive USD High Yield Corporates Total Market Index
N° of holdings	1835	1248
Asset class	Fixed Income	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	June 18, 2012	December 6, 2016
ESG	No	No

More SPHY data on Trackinsight

More HYLB data on Trackinsight

Exposure

Countries

SPHY

USA

82.52%

Other

17.48%

HYLB

USA

85.84%

Other

14.16%

Sectors

SPHY

Finance

16.76%

Consumer Services

10.92%

Industrials

10.86%

Energy

9.31%

Non-Energy Materi.

8.36%

Business Services

7.03%

Other

36.77%

HYLB

Finance

17.65%

Consumer Services

13.13%

Industrials

10.19%

Non-Energy Materi.

8.88%

Energy

8.83%

Business Services

7.86%

Other

33.47%

Diversification

SPHY

Total weight of top 15 holdings out of 15

4.3%

HYLB

Total weight of top 15 holdings out of 15

5.12%

Top 15 holdings

Data as of September 30, 2026

SPHY

1261229 B.C., 10% 15apr2032, USD

0.49%

Meridian Arc HoldCo, 6.25% 30apr2031, USD

0.38%

EchoStar, 10.75% 30nov2029, USD

0.38%

Cloud Software Group, 6.5% 31mar2029, USD

0.29%

PR RNO Property Owner 1, 6.5% 1may2031, USD

0.28%

US83408KAB52

0.27%

Cloud Software Group, 9% 30sep2029, USD

0.26%

Quikrete Holdings, 6.375% 1mar2032, USD

0.26%

US83408KAC36

0.25%

Galaxy Helios Data Center II, 9.875% 1aug2031, USD

0.25%

RP Escrow Issuer, 7.125% 1jun2031, USD

0.24%

Oak-Eagle AcquireCo, 7.25% 1jul2033, USD

0.24%

SV RNO Property Owner 1, 5.875% 1mar2031, USD

0.24%

Nexstar Media, 6.5% 15sep2033, USD

0.23%

Hub International, 7.25% 15jun2030, USD

0.23%

HYLB

1261229 B.C., 10% 15apr2032, USD

0.57%

EchoStar, 10.75% 30nov2029, USD

0.55%

PR RNO Property Owner 1, 6.5% 1may2031, USD

0.39%

Cloud Software Group, 6.5% 31mar2029, USD

0.36%

Quikrete Holdings, 6.375% 1mar2032, USD

0.36%

Cloud Software Group, 9% 30sep2029, USD

0.35%

Hub International, 7.25% 15jun2030, USD

0.30%

Nexstar Media, 6.5% 15sep2033, USD

0.30%

Venture Global LNG, 9.5% 1feb2029, USD

0.29%

Asurion LLC, 8% 31dec2032, USD

0.29%

Centene, 4.625% 15dec2029, USD

0.29%

RP Escrow Issuer, 7.125% 1jun2031, USD

0.28%

Oak-Eagle AcquireCo, 7.25% 1jul2033, USD

0.27%

CCO Holdings, 4.75% 1mar2030, USD

0.26%

Emerald Debt Merger Sub, 6.625% 15dec2030, USD

0.26%

Frequently asked questions about SPHY and HYLB

How have the SPHY and HYLB ETFs performed in 2026?

As of November 5, 2026, SPHY is up 0.91% year-to-date (YTD), while HYLB has returned 0.75%. That puts SPHY better performer ahead so far this year.

Which ETF is attracting more investor money: SPHY or HYLB?

Year-to-date, the SPHY ETF saw +$2.02B in flows, compared to -$587M for HYLB.

Which ETF is more volatile: SPHY or HYLB?

Over the past year, SPHY had a volatility of 2.77%, while HYLB experienced 2.84%.

Which ETF is bigger: SPHY or HYLB?

As of November 5, 2026, SPHY holds $11.89 B in assets under management (AUM), while HYLB manages $3.28 B.

What sectors do the SPHY and HYLB ETFs invest in?

SPHY leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, HYLB focuses on Finance, Consumer Services and Industrials.

What are the top holdings of the SPHY ETF and HYLB ETF?

SPHY top holdings include 1261229 B.C., 10% 15apr2032, USD, Meridian Arc HoldCo, 6.25% 30apr2031, USD and EchoStar, 10.75% 30nov2029, USD. HYLB holds in its top three: 1261229 B.C., 10% 15apr2032, USD, EchoStar, 10.75% 30nov2029, USD and PR RNO Property Owner 1, 6.5% 1may2031, USD.

SPHYvsHYLBETF Comparison

State Street SPDR Portfolio High Yield Bond ETF

Xtrackers USD High Yield Corporate Bond ETF

SPHY vs HYLB performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the SPHY and HYLB ETFs performed in 2026?

As of November 5, 2026, SPHY is up 0.91% year-to-date (YTD), while HYLB has returned 0.75%. That puts SPHY better performer ahead so far this year.

Which ETF is attracting more investor money: SPHY or HYLB?

Year-to-date, the SPHY ETF saw +$2.02B in flows, compared to -$587M for HYLB.

Which ETF is more volatile: SPHY or HYLB?

Over the past year, SPHY had a volatility of 2.77%, while HYLB experienced 2.84%.

Which ETF is bigger: SPHY or HYLB?

As of November 5, 2026, SPHY holds $11.89 B in assets under management (AUM), while HYLB manages $3.28 B.

What sectors do the SPHY and HYLB ETFs invest in?

SPHY leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, HYLB focuses on Finance, Consumer Services and Industrials.

What are the top holdings of the SPHY ETF and HYLB ETF?

SPHY top holdings include 1261229 B.C., 10% 15apr2032, USD, Meridian Arc HoldCo, 6.25% 30apr2031, USD and EchoStar, 10.75% 30nov2029, USD. HYLB holds in its top three: 1261229 B.C., 10% 15apr2032, USD, EchoStar, 10.75% 30nov2029, USD and PR RNO Property Owner 1, 6.5% 1may2031, USD.

Which ETF is more diversified: SPHY or HYLB?

SPHY holds 1903 securities with 4.3% of its assets in the top 15. HYLB has 1278 securities and a top 15 weight of 5.12%.

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