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SPHY vs HIMU

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

SPHY

State Street SPDR Portfolio High Yield Bond ETF

State Street Investment Management

Annual cost

0.05%

Fund size

$10.5B

HIMU

iShares High Yield Muni Active ETF

iShares

Annual cost

0.39%

Fund size

$2.1B

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

SPHYHIMU
Annual cost (TER)0.05%0.39%
Fund size (AUM)$10.5B$2.1B
Since20122006
Dividend yield7.29%5.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+8.2%+6.2%
CAGR 3Y+9.3%N/A
CAGR 5Y+4.6%N/A
Sharpe 3Y1.08N/A
Volatility 1Y3.71%4.92%
Max drawdown-21.97%-8.01%

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

Similar to SPHY and HIMU