HFIX vs SPY

HFIX vs SPY

Which is better, HFIX or SPY?

High Yield Bond against Large Cap Blend.

SPY has a lower expense ratio.

Lower Fees: SPY

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricHFIXSPY
Expense Ratio0.45%0.09%Best
AUM$76M$777.9B
Dividend Yield0.00%1.00%
Holdings6521,011
YTD Return+0.24%+8.47%Best
1Y Return-+10.88%
3Y Return (annualized)-+20.41%
5Y Return (annualized)-+10.90%
Fund FamilyNomura Asset Management Co LtdState Street Investment Management
CategoryFixed IncomeEquity
StyleHigh Yield BondLarge Cap Blend
InceptionOct 5, 2026Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

HFIX vs SPY growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

HFIX vs SPY Performance

Nomura High Yield Total Return ETF (HFIX) is an ETF from Nomura Asset Management Co Ltd and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, HFIX is up 0.24% versus a gain of 8.47% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

HFIX charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, HFIX currently yields 0.00% against 1.00% for SPY.

Holdings Overlap

We hold position weights for 652 holdings in HFIX and 504 in SPY, totalling 71.1% and 100.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 652 positions we hold weights for in HFIX and 504 in SPY, against full books of 652 and 1,011.

You are not choosing between two funds in isolation.

Whichever of HFIX and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

HFIXSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, HFIX or SPY?

HFIX has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option, by $36 a year on a $10,000 investment.

Which pays a higher dividend, HFIX or SPY?

HFIX yields 0.00% while SPY yields 1.00%, so SPY currently pays the higher dividend yield.

Is SPY better than HFIX?

SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.