(SPHY) SPDR Portfolio High Yield - Ratings and Ratios
Bonds, Corporate, High-Yield, US Dollar
Dividends
| Dividend Yield | 7.39% |
| Yield on Cost 5y | 9.24% |
| Yield CAGR 5y | 6.37% |
| Payout Consistency | 95.8% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 2.48% |
| Value at Risk 5%th | 4.04% |
| Relative Tail Risk | -1.04% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.76 |
| Alpha | 0.99 |
| CAGR/Max DD | 1.85 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.260 |
| Beta | 0.237 |
| Beta Downside | 0.250 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.86% |
| Mean DD | 0.70% |
| Median DD | 0.34% |
Description: SPHY SPDR Portfolio High Yield January 07, 2026
The SPDR Portfolio High Yield Bond ETF (SPHY) allocates at least 80% of its assets to securities that either belong to, or closely mimic the economic profile of, the underlying index, which tracks U.S. dollar-denominated below-investment-grade corporate debt issued in the domestic market.
Key metrics as of the latest reporting period include a weighted-average yield of roughly 5.2%, an average effective duration near 4.0 years, and an expense ratio of 0.07%. The fund’s credit composition is dominated by the energy (≈22%) and industrial (≈18%) sectors, and its performance is highly sensitive to the Federal Reserve’s interest-rate stance and macro-recession risk, which drive default rates in the high-yield space.
For a deeper, data-driven analysis of SPHY’s risk-adjusted return profile, you might explore the ValueRay platform for additional quantitative insights.
What is the price of SPHY shares?
Over the past week, the price has changed by +0.08%, over one month by +1.02%, over three months by +2.14% and over the past year by +8.27%.
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 | 27.2 | 14.4% |
SPHY Fundamental Data Overview January 18, 2026
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 = 10.73b USD (10.73b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 10.73b)
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 10.73b / 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 = 6.80% (E(10.73b)/V(10.73b) * Re(6.80%) + (debt-free company))
Discount Rate = 6.80% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for SPHY ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle