State Street SPDR Portfolio High Yield Bond ETF (SPHY) Research

This State Street SPDR Portfolio High Yield Bond ETF is designed to deliver investment returns that broadly match the price and income performance of the ICE BofA US High Yield Index, before factoring in its expenses. It belongs to State Street's series of economical SPDR Portfolio ETFs, which serve as fundamental building blocks for investors seeking extensive and varied exposure to key asset categories. This particular low-cost fund provides access to a vast market of U.S. dollar-denominated high-yield corporate debt, valued at over one trillion dollars. The underlying index comprises publicly issued, USD-denominated bonds that are rated below investment grade, possess a fixed interest rate, had an initial maturity of at least 18 months at their issuance, currently have at least one year remaining until maturity, and maintain a minimum outstanding principal amount of $250 million.

Market snapshot

Symbol
SPHY
Price
$23.44
Day change
+0.30%
Market cap
$11.1B
52-week range
23.02-23.99
Sector
Financial Services
Industry
Asset Management - Bonds

Peer companies

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  • iShares Expanded Tech-Software Sector ETF (IGV)
  • iShares S&P Mid-Cap 400 Growth ETF (IJK)
  • iShares MSCI India ETF (INDA)
  • State Street SPDR Bloomberg High Yield Bond ETF (JNK)
  • State Street SPDR Portfolio Aggregate Bond ETF (SPAB)
  • State Street SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)
  • State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB)

Open State Street SPDR Portfolio High Yield Bond ETF (SPHY) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.