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ISPY vs HYFI

ProShares S&P 500 High Income ETF vs AB High Yield ETF

ISPY

ProShares S&P 500 High Income ETF

Annual cost

0.56%

Fund size

$1.3B

HYFI

AB High Yield ETF

Annual cost

0.40%

Fund size

$341M

Key differences

ISPY is an alternative ETF, while HYFI is a fixed income ETF. ISPY charges 0.56% a year and HYFI 0.40%.

  • ISPY is an alternative fund, while HYFI is a fixed income fund. They carry different risk/return profiles.
  • ISPY follows a option income strategy; HYFI uses active selection.
  • HYFI costs 0.16% less per year.
  • ISPY is much larger than HYFI. Larger funds are usually more liquid and less likely to close.
  • HYFI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ISPYHYFI
Annual cost (TER)0.56%0.40%
Fund size (AUM)$1.3B$341M
Since20232016
Dividend yield4.62%6.71%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeactive selection
CAGR 1Y+22.3%+7.2%
CAGR 3YN/A+9.3%
CAGR 5YN/AN/A
Sharpe 3YN/A1.02
Volatility 1Y11.84%3.96%
Max drawdown-16.88%-6.34%

Similar to ISPY and HYFI