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SPDR Portfolio High Yield Bond ETF (SPHY)

23.67 -0.07 (-0.27%)
As of 12:20 PM EDT. Market Open.

ETF Summary

The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market.

Risk Overview

Performance & Risk

YTD Return 7.05%
5y Average Return 4.66%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.86
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
SPHYCategory AverageSPHYCategory AverageSPHYCategory Average
Alpha 4.16 3.37 4.57 3.27 2.77 2.32
BETA 0.86 0.76 0.88 0.76 0.82 0.66
Mean Annual Return 0.26 0.2 0.42 0.34 0.38 0.33
R-squared 59.62 54.74 33.91 29.13 31.43 20.72
Standard Deviation 8.42 7.73 9.38 8.94 7.2 7.26
Sharpe Ratio -0.07 -0.14 0.28 0.21 0.39 0.34
Treynor Ratio -1.09 -1.69 2.52 2.17 3.2 3.63

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