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Launched

F/m Compoundr High Yield Bond ETF

CPHYNasdaqF/mC

$50.73−0.17 (−0.33%)

At close: Nov 2, 2026, 4:00 PM ET

C40/ 100

Rank 66 of 85 in US High Yield

C40/100Rank 66 of 85inUS High Yield
Intraday session: down, 78 prints from 50.90 to 50.73. Range 50.73 to 50.94. Use the arrow keys to read each point.50.8050.8550.9510 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$6M
1Y total return
+0.3%
Yield · Last 12 months
No data
Holdings
2
Avg volume · 30D
624 sh
52W range
low $49.78high $51.97
Launched

The ETF.net CPHY Grade

C

Score 40 out of 100

Category
US High Yield⁠
Rank
66 of 85
Six-pillar profile for CPHY. Scores out of 100: Cost 70, Risk 44, Mission 100, Tradability 41, Holdings 20, Durability 28. Strongest: Mission (100). Weakest: Holdings (20). Leans toward Mission.

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 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A70 out of 100
    Rank 24 of 85

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 77

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 62 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 58 of 85

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F20 out of 100
    Rank 82 of 85

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D28 out of 100
    Rank 76 of 85

Our read on CPHY

ETF.net Research

In short

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.

Stated mandate

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

Holdings pillarF20 out of 100Rank 82 of 85 in US High Yield
Asset class
Bonds
Holdings
2
Top-10 weight
100%
Largest holding
BSJU99.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1BSJUInvesco BulletShares 2030 High Yield Corporate Bond ETF99.78%0$3.05M1
2No dataCash & Other0.22%0$6.59K609

Showing 1–2 of 2 holdings

CPHY Performance

Launched Aug 12, 2025

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$10,030
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. CPHY $10,030. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for CPHY. Periods over one year show the average yearly return.
PeriodCPHY
Year to date−0.8%
1 month+0.8%
3 months−1.2%
1 year+0.3%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CPHY
YearReturn barCPHY
2026 YTD−0.8%
2025+2.3%

Since listing, Aug 12, 2025

CPHY in the news

CPHY Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

CPHY Risk

Risk pillarC44 out of 100Rank 62 of 85 in US High Yield
How much the fund’s monthly returns vary, scaled to a year.
3.8%
Annualised · 14 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.80
vs 3-month T-bills · 14 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−2.9%
14 months · trough Sep 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

CPHY Cost

Compare CPHY and SCYB

Overpaying vs SCYB, cheapest in US High Yield

$6,488

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CPHY 0.35%

    $7,126

  • SCYB 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • CPHY 0.35%
  • SCYB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530CPHY $7,126SCYB $638

Year by year

YearCPHYSCYBOverpaying
10$634$55$579
20$2,454$216$2,238
30$7,126$638$6,488

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