State Street SPDR Bloomberg Short Term High Yield Bond ETF
$24.19−0.05 (−0.21%)
- 0.40%
- $4.4B
- +3.1%
- 7.14%
- 2.7M sh
- $24.16
- low $23.99high $25.58
The ETF.net SJNK Grade
A
Score 76 out of 100
- 12 of 85
Score 76 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.B60 out of 100Rank 15 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A76 out of 100Rank 13 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A90 out of 100Rank 11 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 7 of 85
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
- 1,112
- 5%
- Echostar Corp Sr Secured 11/29 10.75
Sectors
- Communication100.0%
Geography
- United States86.10%
- Canada3.79%
- United Kingdom1.95%
- Luxembourg1.74%
- Japan1.25%
- Cayman Islands0.89%
- Australia0.86%
- Ireland0.82%
- 2.58%
SJNK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SJNK$10,308
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 | SJNK |
|---|---|
| Year to date | +0.9% |
| 1 month | −0.9% |
| 3 months | −1.0% |
| 1 year | +3.1% |
| 3 years | +7.6% |
| 5 years | +4.6% |
| 10 years | +4.9% |
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 | +0.9% | |
| 2025 | +7.7% | |
| 2024 | +8.2% | |
| 2023 | +11.6% | |
| 2022 | −5.5% | |
| 2021 | +5.1% | |
| 2020 | +5.8% |
SJNK in the news
SJNK Dividends
- 7.14%
- $1.73
- $0.15 per share
- Monthly
Distribution history
SJNK Risk
- 3.8%
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.
- 0.68
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
0.40%
SJNK0.40%
- 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
- AGHYBGoldman Sachs Access High Yield Corporate Bond ETFExpense ratio 0.15%1 year return +2.4%
- AHYBBiShares BB Rated Corporate Bond ETFExpense ratio 0.25%1 year return +2.5%
- AJNKState Street SPDR Bloomberg High Yield Bond ETFExpense ratio 0.40%1 year return +3.0%
- 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%