(SPHY) Portfolio High Yield Bond - Overview
Exchange: NYSE ARCA •
Country: USA •
Currency: USD •
Type: Etf •
ISIN: US78468R6062
Etf: High Yield Bonds, Corporate Debt, Investment Grade
Total Rating 43
Risk 76
Buy Signal 0.32
| Risk 5d forecast | |
|---|---|
| Volatility | 6.07% |
| Relative Tail Risk | -1.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.44 |
| Alpha | 0.00 |
| Character TTM | |
|---|---|
| Beta | 0.203 |
| Beta Downside | 0.193 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.85% |
| CAGR/Max DD | 1.93 |
Description: SPHY Portfolio High Yield Bond March 05, 2026
SPHY is an ETF that invests in U.S. dollar-denominated, below investment grade corporate debt. The fund seeks to replicate the performance of an index composed of these high-yield bonds, which are issued by companies with lower credit ratings, often due to higher debt levels or less stable business models.
The fund invests at least 80% of its assets in securities that comprise its benchmark index or have similar economic characteristics. High-yield bonds, also known as junk bonds, offer higher yields to compensate investors for increased credit risk compared to investment-grade bonds.
For more detailed analysis of SPHYs holdings and performance, ValueRay offers in-depth research tools.
Headlines to watch out for
- Interest rate hikes depress high-yield bond valuations
- Corporate default rates impact bond principal recovery
- Investor demand for high-yield bonds fluctuates with economic outlook
- Credit rating changes affect underlying bond values
What is the price of SPHY shares?
As of March 20, 2026, the stock is trading at USD 23.34 with a total of 7,088,822 shares traded.
Over the past week, the price has changed by +0.39%, over one month by -1.19%, over three months by +0.11% and over the past year by +6.48%.
Over the past week, the price has changed by +0.39%, over one month by -1.19%, over three months by +0.11% and over the past year by +6.48%.
Is SPHY a buy, sell or hold?
Portfolio High Yield Bond has no consensus analysts rating.
What are the forecasts/targets for the SPHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |