(SPHY) SPDR Portfolio High Yield - Ratings and Ratios
High Yield Corporate Bonds
Dividends
| Dividend Yield | 7.39% |
| Yield on Cost 5y | 9.34% |
| Yield CAGR 5y | 5.26% |
| Payout Consistency | 96.1% |
| Payout Ratio | - |
| Risk via 10d forecast | |
|---|---|
| Volatility | 3.79% |
| Value at Risk 5%th | 6.18% |
| Relative Tail Risk | -0.94% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.54 |
| Alpha | 0.63 |
| CAGR/Max DD | 1.99 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.387 |
| Beta | 0.244 |
| Beta Downside | 0.257 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.86% |
| Mean DD | 0.74% |
| Median DD | 0.38% |
Description: SPHY SPDR Portfolio High Yield November 04, 2025
SPDR Portfolio High Yield Bond (SPHY) allocates at least 80% of its assets to securities that either belong to its benchmark index or closely mimic the index’s economic profile. The index tracks U.S. dollar-denominated, below-investment-grade corporate bonds issued in the domestic market, providing exposure to the high-yield segment of the U.S. bond universe.
As of the latest data, SPHY delivers a distribution yield around 7.5% and maintains an average effective duration of roughly 4.5 years, positioning it to benefit from a flattening yield curve while remaining moderately sensitive to credit-spread movements. The fund’s top sector weights typically include energy, telecommunications, and consumer discretionary, all of which are heavily influenced by macro-economic factors such as Fed policy rates, inflation trends, and corporate earnings resilience.
For a deeper dive into how SPHY fits into a high-yield strategy, you might explore the analytics on ValueRay.
What is the price of SPHY shares?
Over the past week, the price has changed by +0.21%, over one month by +1.02%, over three months by +1.94% and over the past year by +7.20%.
Is SPHY a buy, sell or hold?
What are the forecasts/targets for the SPHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 27.1 | 14.3% |
SPHY Fundamental Data Overview November 24, 2025
Beta = 0.6
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 10.06b USD (10.06b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 10.06b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 10.06b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.91% (E(10.06b)/V(10.06b) * Re(6.91%) + (debt-free company))
Discount Rate = 6.91% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for SPHY ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle