SPHYState Street® SPDR® Portfolio High Yield Bond ETF
Bond ETF · State Street (SPDR)
Holdings as of Aug 6, 2026
SPHY is a Bond ETF from State Street (SPDR) holding 1902 positions as of Aug 6, 2026, with $11.6B in assets and a 0.05% net expense ratio. Its largest positions are 1261229 BC LTD SR SECURED 144A 04/32 10 (0.4%), Uniti Group Inc 8.25 10/01/2031 (0.4%) and Meridian Arc Holdco LLC 6.25 04/30/2031 (0.4%); the top 10 holdings account for 3.7% of the portfolio. It yields 7.21% on a trailing-12-month basis.
- Issuer
- State Street (SPDR)
- Holdings
- 1902
- Net Assets
- $11.6BETF assets as of 2026-08-10
- Expense Ratio
- 0.05%per latest SEC prospectus filing
- TTM Yield
- 7.21%trailing 12-month distributions
Performance
- 1M
- +0.3%
- YTD
- +2.5%
- 1Y
- +5.7%
- 3Y (ann.)
- +8.6%
- 5Y (ann.)
- +4.4%
- 10Y (ann.)
- +4.9%
A $10,000 investment 10 years ago would be worth $16,134 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 | 1261229 BC LTD SR SECURED 144A 04/32 10 | 0.41% |
| 2 | Uniti Group Inc 8.25 10/01/2031 | 0.40% |
| 3 | Meridian Arc Holdco LLC 6.25 04/30/2031 | 0.38% |
| 4 | ECHOSTAR CORP SR SECURED 11/29 10.75 | 0.38% |
| 5 | Transdigm 6.375 05/31/2033 | 0.35% |
| 6 | CENTENE CORP SR UNSECURED 07/28 2.45 | 0.35% |
| 7 | CAESARS ENTERTAIN INC SR SECURED 144A 02/30 7 | 0.35% |
| 8 | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/31 4.25 | 0.35% |
| 9 | VODAFONE GROUP PLC JR SUBORDINA 04/79 VAR | 0.35% |
| 10 | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/28 5 | 0.35% |
| 11 | 1011778 BC / NEW RED FIN SECURED 144A 10/30 4 | 0.32% |
| 12 | QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75 | 0.31% |
| 13 | Lumen Technologies, Inc. 6.875 06/30/2033 | 0.31% |
| 14 | Venture Global 6.5 01/15/2034 | 0.31% |
| 15 | JANE STREET GRP/JSG FIN SR SECURED 144A 11/32 6.125 | 0.30% |
| 16 | Warner Bros Discovery Inc 4.279 03/15/2032 | 0.30% |
| 17 | ECHOSTAR CORP SR SECURED 11/30 6.75 | 0.30% |
| 18 | TRANSDIGM INC SR SECURED 144A 08/28 6.75 | 0.29% |
| 19 | ENTEGRIS INC SR SECURED 144A 04/29 4.75 | 0.29% |
| 20 | Staples 10.75 09/01/2029 | 0.29% |
| 21 | CONNECT HOLDING II LLC SR SECURED 144A 04/31 10.5 | 0.29% |
| 22 | CCO HLDGS LLC/CAP CORP SR UNSECURED 05/32 4.5 | 0.29% |
| 23 | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/33 7 | 0.29% |
| 24 | ALLIANT HOLD / CO ISSUER SR SECURED 144A 04/28 6.75 | 0.29% |
| 25 | JAZZ SECURITIES DAC SR SECURED 144A 01/29 4.375 | 0.28% |
Showing the top 25 of 1902 holdings. See the full SPHY holdings list →
SPHY alternatives
The closest Bond ETFs to SPHY by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 JNKState Street® SPDR® Bloomberg High Yield Bond ETF | 69% | 0.4%pricier | $7.1B | Compare → |
 SJNKState Street® SPDR® Bloomberg Short Term High Yield Bond ETF | 57% | 0.4%pricier | $4.8B | Compare → |
 SPIBState Street® SPDR® Portfolio Intermediate Term Corporate Bond ETF | 0% | 0.04%cheaper | $11.6B | Compare → |
Frequently Asked Questions
What is SPHY's expense ratio?
SPHY has a net expense ratio of 0.05%, per its latest SEC prospectus filing. That works out to about $5 a year on a $10,000 investment.
How many holdings does SPHY have?
SPHY held 1902 positions as of Aug 6, 2026, per its latest official holdings data.
What are SPHY's top 10 holdings?
SPHY's largest positions are 1261229 BC LTD SR SECURED 144A 04/32 10 (0.4%), Uniti Group Inc 8.25 10/01/2031 (0.4%), Meridian Arc Holdco LLC 6.25 04/30/2031 (0.4%), ECHOSTAR CORP SR SECURED 11/29 10.75 (0.4%), Transdigm 6.375 05/31/2033 (0.4%), CENTENE CORP SR UNSECURED 07/28 2.45 (0.4%), CAESARS ENTERTAIN INC SR SECURED 144A 02/30 7 (0.3%), CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/31 4.25 (0.3%), VODAFONE GROUP PLC JR SUBORDINA 04/79 VAR (0.3%), CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/28 5 (0.3%). Together they account for 3.7% of the portfolio.
What is SPHY's dividend yield?
SPHY yields 7.21% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is SPHY?
SPHY has $11.6B in assets as of Aug 10, 2026.
What are good alternatives to SPHY?
By portfolio overlap, the closest Bond ETFs to SPHY are JNK (69% overlap), SJNK (57% overlap), SPIB (0% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.