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SPHY

State Street SPDR Portfolio High Yield Bond ETF

Passive ETFFixed Income
Not rated

The SPDR Portfolio High Yield Bond ETF - USD is an exchange-traded fund (ETF) instrument designed to offer exposure to a broad range of high-yield corporate bonds, denominated in U.S. dollars. The primary goal of this fund is to provide investment results that, before fees and expenses, correspond generally to the total return performance of the ICE BofA US High Yield Index. The SPDR Portfolio High Yield Bond ETF - USD embodies an efficient tool to gather exposure to the dollar-denominated non-investment-grade fixed-income market. Essentially, it focuses on "junk" bonds or those bonds that are defined below investment grade; this can lead to potentially higher yields than comparable risk-free investments. The portfolio is heavily allocated towards the Consumer Cyclical sector, with significant inclusions from the Communication and Energy sectors as well. Predominantly, holdings are skewed towards more speculative issues in the BB-rated bond spectrum, which represents a significant portion of its concentrated profile. While individual investors commonly use this ETF for tactical asset allocation goals or specific strategy execution, it may also facilitate various institutional applications such as risk management or portfolio optimization tasks among others. Notwithstanding, it must be noted that investing in high-yield bonds poses its own set of risks, including increased credit and liquidity risks. As with any investment decision, a thorough understanding of the associated risks and rewards is integral to utilizing instruments such as the SPDR Portfolio High Yield Bond ETF astutely. It is indeed essential for the investor to consider their personal investment objectives and risk tolerance while aligning their portfolio decisions accordingly.

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API
PerformanceDec 31, 2025 - Aug 28, 2026
-1%0%1%2%3%JANMARMAYJUL
Flows
Join for free to unlock
Data as of 07/31/26
Finance
17.48%
Consumer Services
11.89%
Industrials
11.35%
Energy
9.29%
Non-Energy Materials
8.44%
Business Services
7.19%
Consumer Cyclicals
6.88%
Technology
6.62%
Healthcare
5.51%
Unavailable
2.80%
Other
12.54%
Latest SPHY news

No content available for this fund

FAQ about SPHY

SPHY is a Passive ETF. This ETF provides exposure to US High Yield Corporate Bonds.
SPHY tracks the ICE BofA US High Yield GTR Index - USD, through a optimized sampling replication method.
SPHY carries a total expense ratio (TER) of 0.05%, indicating the annual cost for holding the fund.
SPHY was introduced to the market on June 18, 2012. It trades on United States
State Street SPDR Portfolio High Yield Bond ETF, SPHY, is provided by State Street Investment Management. Learn more about State Street Investment Management here.
SPHY oversees €10.25B in assets as of August 28, 2026.
SPHY follows a distributing dividend policy, meaning it pays out income to investors. As of August 28, 2026, its 12-month trailing yield was 7.19%.
As of July 31, 2026, SPHY has significant geographic allocations in USA, Canada and United Kingdom.
As of July 31, 2026, SPHY focuses largely on Finance, Consumer Services and Industrials.
As of July 31, 2026, SPHY holds 1908 positions in its portfolio, with 4.14% of assets concentrated in its top 15 holdings.
As of July 31, 2026, SPHY top three holdings include 1261229 B.C., 10% 15apr2032, USD, Meridian Arc HoldCo, 6.25% 30apr2031, USD and EchoStar, 10.75% 30nov2029, USD.
The base currency of SPHY is USD.
Data as of 07/31/26
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%

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