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HIMU vs SPHY

iShares High Yield Muni Active ETF vs State Street SPDR Portfolio High Yield Bond ETF

HIMU

iShares High Yield Muni Active ETF

iShares

Annual cost

0.39%

Fund size

$2.1B

SPHY

State Street SPDR Portfolio High Yield Bond ETF

State Street Investment Management

Annual cost

0.05%

Fund size

$10.5B

Key differences

  • SPHY costs 0.34% less per year.
  • SPHY is significantly larger than HIMU — larger funds tend to be more liquid and less likely to close.
  • HIMU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HIMUSPHY
Annual cost (TER)0.39%0.05%
Fund size (AUM)$2.1B$10.5B
Since20062012
Dividend yield5.16%7.29%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.2%+8.2%
CAGR 3YN/A+9.3%
CAGR 5YN/A+4.6%
Sharpe 3YN/A1.08
Volatility 1Y4.92%3.71%
Max drawdown-8.01%-21.97%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HIMU and SPHY