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HYDB vs SPHY

iShares High Yield Systematic Bond ETF vs State Street SPDR Portfolio High Yield Bond ETF

HYDB

iShares High Yield Systematic Bond ETF

iShares

Annual cost

0.35%

Fund size

$1.5B

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 0.30% less per year.
  • SPHY is significantly larger than HYDB — larger funds tend to be 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

HYDBSPHY
Annual cost (TER)0.35%0.05%
Fund size (AUM)$1.5B$10.5B
Since20172012
Dividend yield7.11%7.29%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+8.0%+8.2%
CAGR 3Y+9.5%+9.3%
CAGR 5Y+4.7%+4.6%
Sharpe 3Y1.061.08
Volatility 1Y3.82%3.71%
Max drawdown-21.58%-21.97%

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

Similar to HYDB and SPHY