State Street SPDR Bloomberg Short Term High Yield Bond ETF
$24.50−0.14 (−0.59%)
- Expense ratio
- 0.40%
- Fund size
- $4.7B
- 1Y return
- +3.0%
- Yield · Last 12 months
- 7.02%
- Holdings
- 1141
- Volume · 30D
- 2.3M sh
- NAV per share
- $24.61
- 52W range
The ETF.net SJNK 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.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 75Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 87Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 89Category rank
Our read on SJNK
AJunk bonds with the long end lopped off. SJNK tracks an index of US high yield corporate bonds maturing within five years, keeping the credit risk while shedding much of the rate risk. Trading since 2012, paying monthly.
The fund seeks to track the performance of the Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index, which measures the performance of short-term, U.S. dollar-denominated high yield corporate bonds.
Why people hold it
- The mandate is mechanical: dollar high yield corporates with 0-5 years left, $350m minimum issue size, cash-paying coupons, and a 2% cap on any one issuer.ssga.com
- Tracks its benchmark closely and is one of the more actively traded funds in the high yield group, which matters in a corner of the market where bonds trade by appointment.
- Roughly 1,200 bonds under the hood, with cash paid out monthly rather than quarterly.
- Running since 2012 and now a multi-billion-dollar fund, it is an established name in short-maturity high yield rather than a recent launch chasing the theme.
Worth knowing
- At 0.40% it sits right at the category median, while broad-maturity peers like SCYB (0.03%) and SPHY (0.05%) charge a fraction. The short-maturity tilt is what the extra buys.
- Shorter maturities dial down interest-rate sensitivity, not credit risk. These are below-investment-grade borrowers, and downgrades or defaults show up in the price.
- The index holds only cash-paying bonds, so zero-coupon and deferred-interest issues sit outside the fund's universe.
SJNK Holdings
- Bonds
- 1,141
- 5%
- ECHOSTAR CORP SR SECURED 11/29 10.75
Sectors
- Communication100.0%
Geography
- United States86.07%
- Canada3.74%
- United Kingdom2.02%
- Luxembourg1.74%
- Japan1.23%
- Australia0.91%
- Cayman Islands0.86%
- Ireland0.82%
- 2.60%
SJNK 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 | SJNK |
|---|---|
| Year to date | +1.9% |
| 1 month | −0.4% |
| 3 months | +0.2% |
| 1 year | +3.0% |
| 3 years | +7.7% |
| 5 years | +4.7% |
| 10 years | +5.1% |
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 | SJNK |
|---|---|---|
| 2026 YTD | +1.9% | |
| 2025 | +7.7% | |
| 2024 | +8.2% | |
| 2023 | +11.6% | |
| 2022 | −5.5% | |
| 2021 | +5.1% | |
| 2020 | +5.8% |
SJNK in the news
ETF.net Research hasn’t filed on SJNK yet — coverage lands here as it’s written.
SJNK Dividends
- 7.02%
- $1.73
- $0.14 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.14 |
| Aug 3, 2026 | Aug 6, 2026 | $0.14 |
| Jul 1, 2026 | Jul 7, 2026 | $0.15 |
| Jun 1, 2026 | Jun 4, 2026 | $0.14 |
| May 1, 2026 | May 6, 2026 | $0.14 |
| Apr 1, 2026 | Apr 6, 2026 | $0.15 |
| Mar 2, 2026 | Mar 5, 2026 | $0.14 |
| Feb 2, 2026 | Feb 5, 2026 | $0.14 |
| Dec 18, 2025 | Dec 23, 2025 | $0.14 |
| Dec 1, 2025 | Dec 4, 2025 | $0.14 |
| Nov 3, 2025 | Nov 6, 2025 | $0.14 |
| Oct 1, 2025 | Oct 6, 2025 | $0.15 |
SJNK Risk
- 3.6%
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.
- 0.84
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.
- −10.2%
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.
- 0.47
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SJNK Cost
- The middle half of US High Yield funds
- Median 0.43%
35 of the 84 US High Yield funds charge less.