Screener
FDHY vs SPHY
Fidelity Enhanced High Yield ETF vs State Street SPDR Portfolio High Yield Bond ETF
Key differences
Both FDHY and SPHY are fixed income ETFs. FDHY charges 0.35% a year and SPHY 0.05%. The main difference: FDHY follows a active selection strategy; SPHY uses index tracking.
- FDHY follows a active selection strategy; SPHY uses index tracking.
- SPHY costs 0.30% less per year.
- SPHY is much larger than FDHY. Larger funds are usually more liquid and less likely to close.
- SPHY has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FDHY | SPHY | |
|---|---|---|
| Annual cost (TER) | 0.35% | 0.05% |
| Fund size (AUM) | $522M | $11.1B |
| Since | 2018 | 2012 |
| Dividend yield | 6.53% | 7.25% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +8.2% | +7.2% |
| CAGR 3Y | +9.0% | +9.2% |
| CAGR 5Y | +4.0% | +4.4% |
| Sharpe 3Y | 1.03 | 1.06 |
| Volatility 1Y | 3.59% | 3.72% |
| Max drawdown | -20.01% | -21.97% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.