Which returned more over the last year, HYLB or SPHY?

In the year to Oct 20, 2026, with distributions reinvested, HYLB returned +1.2% and SPHY +1.1%.

Which is cheaper, HYLB or SPHY?

Neither: HYLB and SPHY both charge 0.05% a year. Fees come from each fund's prospectus.

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HYLB vs SPHY: Differences, Returns & Fees

HYLB's duration was 2.9 years on May 29, 2026 and SPHY's 3.2 on Jun 30, 2026; both charge 0.05%. Net assets: $3.2bn on Oct 19, 2026 for Xtrackers USD High Yield Corporate Bond ETF, and $11.7bn on Oct 20, 2026 for State Street SPDR Portfolio High Yield Bond ETF.

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Answers cite the figures on this page.

Both cost 0.05% a year; their one-year returns differ by 0.1 points; SPHY is 3.7 times larger.

Points (pts) are percentage points.

HYLB vs SPHY: Differences, Returns & Fees
	HYLB	SPHY
Expense ratio	0.05%	0.05%
Net assets, as of Oct 19, 2026	$3.2bn	$11.7bn
Total return, 1 year	+1.2%	+1.1%
What it tracks	Solactive USD High Yield Corporates Total Market Index	ICE BofA US High Yield Index
Holdings in common	66%

Holdings in common uses holdings dated May 29, 2026 and Jun 30, 2026.

+1.2%

HYLB total return, 1 year

+1.1%

SPHY total return, 1 year

0.05%

HYLB expense ratio

0.05%

SPHY expense ratio

Client brief · page 1 of 2Report BR-E96ED3BC14

HYLB and SPHY are built for the same job. How do they differ in cost, holdings and results?

What each follows. HYLB follows Solactive USD High Yield Corporates Total Market Index and SPHY follows ICE BofA US High Yield Index.
Size. HYLB has $3.2bn in net assets and SPHY $11.7bn (net assets, as of Oct 19, 2026); SPHY is 3.7 times larger.
Holdings in common (similar). 66% of the weight is in the same securities (holdings dated May 29, 2026 and Jun 30, 2026).

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, HYLB and SPHY hold 66% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Jun 30, 2026.

50%

half

66% in common

Positions both hold, largest shared weight first

Holding HYLB SPHY

BHCCN 10 04/15/32 144A, due Apr 15, 2032 0.53% 0.42%

SATS 10.75 11/30/29 ., due Nov 30, 2029 0.51% 0.40%

TRACTD 6.5 05/01/31 144A, due May 1, 2031 0.40% 0.30%

TIBX 6.5 03/31/29 144A, due Mar 31, 2029 0.35% 0.28%

QUIKHO 6.375 03/01/32 144A, due Mar 1, 2032 0.35% 0.28%

TIBX 9 09/30/29 144A, due Sep 30, 2029 0.33% 0.27%

ASUCOR 8.375 02/01/34 144A, due Feb 1, 2034 0.28% 0.25%

TIHLLC 7.125 06/01/31 144A, due Jun 1, 2031 0.28% 0.24%

VENLNG 9.5 02/01/29 144A, due Feb 1, 2029 0.28% 0.24%

DISH 11.75 11/15/27 144A, due Nov 15, 2027 0.32% 0.22%

ASUCOR 8 12/31/32 144A, due Dec 31, 2032 0.30% 0.22%

CNC 4.625 12/15/29, due Dec 15, 2029 0.28% 0.22%

Only in HYLB

TLN 6.375 05/01/33 144A, due May 1, 2033 0.21%

WBD 4.279 03/15/32 *, due Mar 15, 2032 0.21%

VENLNG 8.125 06/01/28 144A, due Jun 1, 2028 0.20%

GOLLBZ 14.375 06/06/30 144A, due Jun 6, 2030 0.17%

FMCN 6.375 02/15/36 144A, due Feb 15, 2036 0.13%

TLN 6.125 05/01/31 144A, due May 1, 2031 0.13%

WCC 7.25 06/15/28 144A, due Jun 15, 2028 0.12%

FMCN 8.625 06/01/31 144A, due Jun 1, 2031 0.12%

Only in SPHY

Meridian Arc Holdco LLC, due Apr 30, 2031 0.40%

SV RNO Property Owner 1 LLC, due Mar 1, 2031 0.27%

American Airlines Inc/AAdvantage Loyalty IP Ltd, due Apr 20, 2029 0.25%

Core Scientific Finance I LLC, due May 15, 2031 0.24%

WULF Compute LLC, due Oct 15, 2030 0.24%

Discovery Global Holdings Inc, due Mar 15, 2042 0.20%

Carvana Co, due Jun 1, 2031 0.17%

Vodafone Group PLC, due Apr 4, 2079 0.17%

Check overlap with more funds →

On the same fields

HYLB

Xtrackers USD High Yield Corporate Bond ETF

SPHY

State Street SPDR Portfolio High Yield Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Xtrackers State Street

What it is Tracks an index Tracks an index

Total return, 1 year +1.2% +1.1%

Its benchmark over the same days −1.6% (IUSB) +1.0% (BBHY)

Gap to its benchmark +2.8 pts vs IUSB +0.1 pts vs BBHY

Expense ratio 0.05% 0.05%

Holdings 1277 1930

Net assets, HYLB as of Oct 19, 2026 and SPHY as of Oct 20, 2026 $3.2bn $11.7bn

HYLB and SPHY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About HYLB

HYLB tracks an index. Over the year to Oct 20, 2026 it returned +1.2% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Bond Index. The prospectus expense ratio is 0.05% a year.

About SPHY

SPHY tracks an index. Over the year to Oct 20, 2026 it returned +1.1% with distributions reinvested, against +1.0% for its benchmark, the ICE BofA US High Yield Index.

Questions people ask

Which returned more over the last year, HYLB or SPHY?: In the year to Oct 20, 2026, with distributions reinvested, HYLB returned +1.2% and SPHY +1.1%.
Which is cheaper, HYLB or SPHY?: Neither: HYLB and SPHY both charge 0.05% a year. Fees come from each fund's prospectus.

Other comparisons

HYLB vs USHY FALN vs HYLB HYLB vs PHYL HYLB vs JBBB ANGL vs SPHY BHYB vs SPHY SCYB vs SPHY SJNK vs SPHY

HYLB on its own →SPHY on its own →Hold both: look the portfolio through →Rankings →HYLB dividend history →HYLB holdings →SPHY dividend history →SPHY holdings →Standards and sources →

Where these figures came from

HYLB filings on SEC EDGAR ↗HYLB prospectus with the expense ratio (SEC) ↗Xtrackers website ↗SPHY filings on SEC EDGAR ↗SPHY prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, HYLB against SPHY, data as of Oct 20, 2026. https://etfiq.com/compare/any/hylb-vs-sphy

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.