State Street SPDR Bloomberg High Yield Bond ETF
$92.66−0.27 (−0.29%)
- 0.40%
- $5.7B
- +3.0%
- 6.81%
- 3.3M sh
- $92.66
- low $91.71high $98.08
The ETF.net JNK Grade
A
Score 75 out of 100
- 15 of 85
Score 75 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B58 out of 100Rank 31 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.C44 out of 100Rank 62 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A86 out of 100Rank 3 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A92 out of 100Rank 8 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A92 out of 100Rank 4 of 85
Our read on JNK
AA 2007-vintage junk-bond heavyweight that tracks the "Very Liquid" corner of US high yield: roughly 1,200 of the market's more tradable corporate bonds, with income paid monthly.
The fund seeks to track the price and yield performance of an index representing the U.S. high-yield corporate bond market, before fees and expenses.
Why people hold it
- The benchmark is Bloomberg's High Yield Very Liquid Index, a liquidity-screened slice of US junk debt rather than every bond outstanding.ssga.com
- Running since 2007 and now a multi-billion-dollar fund, it is one of the actively traded names in the high-yield ETF aisle.
- Does exactly what the label says: broad exposure to about 1,200 US high-yield corporate bonds, tracking its stated index closely, with monthly distributions.
- Sits in the top quartile of a 93-fund high-yield cohort on our review, one of the stronger implementations among its peers.
Worth knowing
- The 0.40% fee matches the category median but towers over cheap broad rivals: stablemate SPHY at 0.05% and Schwab's SCYB at 0.03%.
- This is below-investment-grade credit. Prices move with default worries and risk appetite, not just interest rates.
- The liquidity screen tilts the portfolio toward larger, easier-to-trade issues, so it is a filtered version of the high-yield market rather than all of it.ssga.com
JNK Holdings
- Bonds
- 1,110
- 5%
- 1261229 Bc Ltd Sr Secured 144A 04/32 10
Sectors
- Technology95.3%
- Energy4.7%
Geography
- United States85.78%
- Canada3.80%
- United Kingdom2.04%
- Japan1.75%
- Luxembourg1.54%
- France0.95%
- Australia0.85%
- Netherlands0.59%
- 2.70%
JNK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
JNK$10,302
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 | JNK |
|---|---|
| Year to date | +0.5% |
| 1 month | −1.2% |
| 3 months | −1.5% |
| 1 year | +3.0% |
| 3 years | +8.3% |
| 5 years | +3.3% |
| 10 years | +4.3% |
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 | JNK |
|---|---|---|
| 2026 YTD | +0.5% | |
| 2025 | +8.8% | |
| 2024 | +7.7% | |
| 2023 | +12.4% | |
| 2022 | −12.2% | |
| 2021 | +4.0% | |
| 2020 | +5.0% |
JNK in the news
JNK Dividends
- 6.81%
- $6.33
- $0.53 per share
- Monthly
Distribution history
JNK Risk
- 4.9%
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.
- 0.64
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.
- −16.7%
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.
- 0.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JNK Cost
0.40%
JNK0.40%
- The middle half of US High Yield funds
- Median 0.43%
36 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- AHYBBiShares BB Rated Corporate Bond ETFExpense ratio 0.25%1 year return +2.5%
- ASJNKState Street SPDR Bloomberg Short Term High Yield Bond ETFExpense ratio 0.40%1 year return +3.1%
- AHYGVNorthern Trust High Yield Value-Scored Bond ETFExpense ratio 0.38%1 year return +3.0%
- AHYDWXtrackers Low Beta High Yield Bond ETFExpense ratio 0.20%1 year return +3.3%
- AANGLVanEck Fallen Angel High Yield Bond ETFExpense ratio 0.25%1 year return +1.2%