State Street SPDR Bloomberg High Yield Bond ETF
$93.98−0.73 (−0.78%)
- Expense ratio
- 0.40%
- Fund size
- $6.8B
- 1Y return
- +3.0%
- Yield · Last 12 months
- 6.69%
- Holdings
- 1206
- Volume · 30D
- 2.7M sh
- NAV per share
- $94.64
- 52W range
The ETF.net JNK Grade
Score 75 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 58Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 47Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 84Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 93Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 92Category rank
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
- 1,206
- 5%
- 1261229 BC LTD SR SECURED 144A 04/32 10
Sectors
- Technology95.4%
- Energy4.6%
Geography
- United States87.53%
- Canada3.65%
- United Kingdom1.87%
- Luxembourg1.43%
- France1.04%
- Australia0.73%
- Japan0.67%
- Netherlands0.49%
- 2.58%
JNK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +1.8% |
| 1 month | −0.6% |
| 3 months | +0.0% |
| 1 year | +3.0% |
| 3 years | +8.4% |
| 5 years | +3.4% |
| 10 years | +4.4% |
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 | +1.8% | |
| 2025 | +8.8% | |
| 2024 | +7.7% | |
| 2023 | +12.4% | |
| 2022 | −12.2% | |
| 2021 | +4.0% | |
| 2020 | +5.0% |
JNK in the news
ETF.net Research hasn’t filed on JNK yet — coverage lands here as it’s written.
JNK Dividends
- 6.69%
- $6.34
- $0.53 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.53 |
| Aug 3, 2026 | Aug 6, 2026 | $0.53 |
| Jul 1, 2026 | Jul 7, 2026 | $0.53 |
| Jun 1, 2026 | Jun 4, 2026 | $0.52 |
| May 1, 2026 | May 6, 2026 | $0.53 |
| Apr 1, 2026 | Apr 6, 2026 | $0.52 |
| Mar 2, 2026 | Mar 5, 2026 | $0.52 |
| Feb 2, 2026 | Feb 5, 2026 | $0.56 |
| Dec 18, 2025 | Dec 23, 2025 | $0.49 |
| Dec 1, 2025 | Dec 4, 2025 | $0.53 |
| Nov 3, 2025 | Nov 6, 2025 | $0.53 |
| Oct 1, 2025 | Oct 6, 2025 | $0.54 |
JNK Risk
- 4.7%
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.
- 0.75
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
- The middle half of US High Yield funds
- Median 0.43%
35 of the 84 US High Yield funds charge less.