SPHY

SPDR Portfolio High Yield Bond ETF
*Unless otherwise stated, data provided by FactSet.

SPHY Fund Description

SPHY tracks an index that measures the performance of BBB and BB corporate debt publicly issued in the US.

SPHY Factset Analytics Insight

SPHY delivers on its narrow—perhaps even awkward—take on the credit spectrum, but high all-in costs reduce its appeal. The fund holds bonds teetering between investment grade and non-investment grade according to the average ratings of the three major agencies. While many investors (and even S&P itself) are dismissive of credit ratings, many indexes and institutions are nonetheless bound to buy or sell bonds when they cross the divide. Investor interest to date is modest at best: AUM totals roughly $40M and trading volume is thin. Thin volume translates to wide spreads here, pushing up all-in costs for SPHY’s unique take on corporate debt. Prior to September 23, 2019 the fund traded under the ticker CJNK.

SPHY MSCI ESG Analytics Insight

SPDR Portfolio High Yield Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 3.23 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR Portfolio High Yield Bond ETF ranks in the 11st percentile within its peer group and in the 51st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SPHY Charts And Performance

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Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 12/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPHY 1.02% 1.55% 11.04% 10.19% 1.75% 1.36% --
SPHY (NAV) 0.81% 1.20% 11.40% 11.00% 5.12% 4.70% --
ICE BofAML US High Yield 0.81% 1.13% 11.72% 11.30% 5.47% 5.00% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPHY Summary Data

SPDR
06/18/12
Open-Ended Fund
0.15%
$80.59M
$883.71K
0.05%

SPHY Portfolio Data

3.26
--
6.52%
12/02/19
1218

SPHY Index Data

ICE BofAML US High Yield
Market Value
Credit Rating
N/A

SPHY Portfolio Management

0.15%
-0.49%
-0.26%
-0.77%

SPHY Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

SPHY Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SPHY Factset Analytics Block Liquidity

As of 12/12/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SPHY. SPHY is rated a N/A out of 5.

SPHY Tradability

34,016
$883.71K
19,470
$506.18K
0.05%
$0.01
0.07%
0.79% / -0.42%
None
100.00%
100,000
0.19
0.01%
--
0
$26.03
N/A

SPHY Sector/Industry Breakdown


SPHY
Segment Benchmark
74.62%
--
20.58%
--
3.34%
--
0.96%
--
0.49%
--

SPHY Top 10 Holdings[View All]

0.92%
0.54%
0.50%
0.50%
0.48%
0.47%
0.41%
0.38%
0.36%
0.34%
4.9%

SPHY Top 5 Countries


SPHY
Segment Benchmark
82.62%
--
5.63%
--
3.12%
--
2.67%
--
1.89%
--

SPHY Top 5 Currencies


SPHY
Segment Benchmark
100.00%
--

SPHY Performance Statistics

--
--
--
--
--

SPHY MSCI ESG Ratings

3.23 / 10
51.37
10.55
5.16%
2.37%
329.61

SPHY Holdings Statistics

4.03 years
3.26
6.52%
3.29
Low
1218
4.05%

SPHY Avg Life Maturity Distribution

13.83%
9.92%
10.82%
30.57%
22.15%
8.62%
1.73%
1.05%
1.30%

SPHY OAS Breakdown

4.19%
16.55%
26.48%
15.70%
11.79%
7.46%
6.26%
2.81%
2.34%
1.60%
4.83%