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PHYD vs SPHY

Putnam ESG High Yield ETF vs State Street SPDR Portfolio High Yield Bond ETF

PHYD

Putnam ESG High Yield ETF

Franklin Templeton Investments

Annual cost

0.55%

Fund size

$8M

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 0.50% less per year.
  • SPHY is significantly larger than PHYD — larger funds tend to be more liquid and less likely to close.
  • PHYD follows a active selection strategy; SPHY uses index tracking.
  • SPHY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PHYDSPHY
Annual cost (TER)0.55%0.05%
Fund size (AUM)$8M$10.5B
Since20232012
Dividend yield8.54%7.29%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.1%+8.2%
CAGR 3Y+9.1%+9.3%
CAGR 5YN/A+4.6%
Sharpe 3Y1.201.08
Volatility 1Y3.30%3.71%
Max drawdown-4.33%-21.97%

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

Similar to PHYD and SPHY