F/m Compoundr High Yield Bond ETF
$50.72−0.15 (−0.29%)
- 0.35%
- $3M
- +1.4%
- 0M sh
- $50.81
- low $50.32high $51.97
The ETF.net CPHY Grade
C
Score 40 out of 100
- 66 of 85
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 62
- This cap took
- −22
- Published Score
- 40
Cost
The fund’s net expense ratio, ranked against its category.A70 out of 100Rank 24 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 66 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 54 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F21 out of 100Rank 80 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D25 out of 100Rank 78 of 85
Our read on CPHY
CA 2025 arrival in a crowded aisle: CPHY tracks a Nasdaq-built Compoundr index of US high-yield corporate bonds for 0.35%, cheaper than the typical junk-bond ETF but priced above the category's index giants.
The Fund seeks to track the Nasdaq Compoundr High-Yield Corporate Bond Index before fees and expenses through a primarily high-yield-bond investment strategy.
Why people hold it
- Costs 0.35% a year, under the 0.40% median for high-yield bond ETFs, so a bit more of the coupon stays in the fund.
- Rules-based by design: it follows the Nasdaq Compoundr High-Yield Corporate Bond Index, and the portfolio has stayed tight to that stated mandate.
- Simple plumbing: a standard 1940 Act US bond ETF. No leverage, no options overlay, no partnership tax paperwork.
Worth knowing
- The big index rivals cost far less (SCYB at 0.03%, SPHY at 0.05%), so the fee edge holds against the category's middle, not its leaders.
- Launched in August 2025, so the live record is short, and below-investment-grade bonds can fall hard when credit spreads widen.
- It trades lightly next to the category's heavyweights, which makes bid/ask spreads and order type more consequential.
CPHY Holdings
- Bonds
- 3
- 100%
- USHY
Geography
- United States100.00%
CPHY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
CPHY$10,141
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CPHY |
|---|---|
| Year to date | −0.8% |
| 1 month | −1.0% |
| 3 months | −1.5% |
| 1 year | +1.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CPHY |
|---|---|---|
| 2026 YTD | −0.8% | |
| 2025 | +2.3% |
CPHY in the news
CPHY Dividends
No distributions in the last 12 months.
CPHY Risk
- 3.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.94
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −2.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.16
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CPHY Cost
0.35%
CPHY0.35%
- The middle half of US High Yield funds
- Median 0.43%
23 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- CHYTRCounterpoint High Yield Trend ETFExpense ratio 1.00%1 year return +1.5%
- CBNDSInfrastructure Capital Bond Income ETFExpense ratio 0.88%1 year return +3.8%
- CLENDSEI High Yield Bond & Alternative Credit ETFExpense ratio 0.65%1 year return —
- DBKLNInvesco Senior Loan ETFExpense ratio 0.67%1 year return +5.0%
- DGTOHInvesco Short Duration High Yield ETFExpense ratio 0.49%1 year return —