PDI vs SPHY: ETF Comparison
Compare PDI (PIMCO Dynamic Income Fund) and SPHY (State Street SPDR Portfolio High Yield Bond ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Sep 15, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
PDI vs SPHY: The Verdict
On average annual total return since inception, PDI holds a clear edge over SPHY: +9.2% per year vs +4.9% per year — a gap of 4.3 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Income investors will notice the yield gap: PDI currently yields 16.10% vs SPHY's 7.54%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
PDI vs SPHY Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| PDI | PIMCO Dynamic Income Fund | Pimco | 5/25/2012 | 14.3y | +252.0% | +9.2% | 16.10% | 1.10% | C |
| SPHY | State Street SPDR Portfolio High Yield Bond ETF | State Street | 6/18/2012 | 14.2y | +97.0% | +4.9% | 7.54% | 0.05% | D |
PDI vs SPHY — Frequently Asked Questions
Which is better, PDI or SPHY?
By average annual total return since inception, PDI holds a clear edge over SPHY (+9.2% vs +4.9% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between PDI and SPHY?
PDI (PIMCO Dynamic Income Fund) is offered by Pimco and currently yields 16.10%. SPHY (State Street SPDR Portfolio High Yield Bond ETF) is offered by State Street and yields 7.54%. Their average annual total returns since inception are +9.2% and +4.9% respectively.
Does PDI pay a higher dividend than SPHY?
PDI currently yields 16.10% and SPHY yields 7.54%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.