SCYB vs SPHY: Differences, Returns & Fees
SCYB's duration was 3.0 years on May 31, 2026 and SPHY's 3.2 on Jun 30, 2026; SCYB charges 0.03% to SPHY's 0.05%. Net assets: $2.5bn on May 31, 2026 for Schwab High Yield Bond ETF, and $11.7bn on Oct 20, 2026 for State Street SPDR Portfolio High Yield Bond ETF.
SCYB costs 0.02 points a year less; their one-year returns differ by 0.1 points; SPHY is 8.2 times larger.
| SCYB | SPHY | |
|---|---|---|
| Expense ratio | 0.03% | 0.05% |
| Net assets, as of Feb 28, 2025 | $909m | $7.5bn |
| Total return, 1 year | +1.0% | +1.1% |
| What it tracks | not read by ETFIQ | ICE BofA US High Yield Index |
| Holdings in common | 76% | |
Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.
SCYB and SPHY are built for the same job. How do they differ in cost, holdings and results?
- What each follows. SCYB follows not read by ETFIQ and SPHY follows ICE BofA US High Yield Index.
- Size. SCYB has $909m in net assets and SPHY $7.5bn (net assets, as of Feb 28, 2025); SPHY is 8.3 times larger.
- Holdings in common (similar). 76% of the weight is in the same securities (holdings dated May 31, 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, SCYB and SPHY hold 76% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.
half
76% in common
On the same fields
SCYB and SPHY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About SCYB
SCYB tracks an index. Over the year to Oct 20, 2026 it returned +1.0% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% 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. The prospectus expense ratio is 0.05% a year.
Questions people ask
- Which returned more over the last year, SCYB or SPHY?
- In the year to Oct 20, 2026, with distributions reinvested, SCYB returned +1.0% and SPHY +1.1%.
- Which is cheaper, SCYB or SPHY?
- SCYB is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
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, SCYB against SPHY, data as of Oct 20, 2026. https://etfiq.com/compare/any/scyb-vs-sphy
ETFIQ. (Oct 20, 2026). SCYB against SPHY. Retrieved from https://etfiq.com/compare/any/scyb-vs-sphy
[SCYB against SPHY (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/scyb-vs-sphy)
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