State Street SPDR Bloomberg High Yield Bond ETF JNK
- Expense Ratio (TER) 0.40% · Good — low-cost index fund
- AUM (Fund Size) 7.35B · Large — good liquidity & low tracking error
- Distribution Yield 6.60% · Strong income distribution
- Long-Term Track Record 3Y avg +8.3%/yr · 5Y avg +3.6%/yr
- Annual Volatility 3.8% · Very Low
- Worst 1-Year Drawdown -2.5% · Resilient — contained loss periods
- Risk-Adjusted Return Sharpe 1.65 · Excellent
Auto-generated from fund data and price history. Not investment advice — verify with the fund issuer's factsheet before investing.
About This Fund
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of publicly issued U.S. dollar denominated high yield corporate bonds with above-average liquidity. -null-.
Investment Strategy & Highlights
- Theme: Tracks High Yield.
- Category: High Yield Bond · managed by State Street Investment Management.
- Top sector: Energy at 100.0% of holdings.
- Cost: Expense ratio of 0.40% — low for this category.
- Income: Distributes a yield of approximately 6.60%.
- Track record: 3Y avg +8.29% · 5Y avg +3.55% per year.
- Trading: Listed on PCX, denominated in USD.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Bullish (price > SMA50 > SMA200)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
PROS
- Low expense ratio (0.40%).
- Low volatility (~4% annualized).
- Attractive risk-adjusted return (Sharpe~1.65).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from fund metrics.
Price Chart
🔄 Similar Funds to Compare
This fund is in the High Yield Bond category. Compare with other funds in the same category on the Funds & ETFs page to find the best fit for your strategy.
- Compare expense ratios — lower TER saves money
- Check 1Y/3Y/5Y returns — consistency matters
- Review AUM — larger funds have better liquidity
- Look at holdings overlap — avoid duplication
Top Holdings
Holdings data not available for this fund.
Sector Allocation
📰 Latest News & Market Alerts
Recent headlines for JNK. Follow this fund's market themes, regulatory changes, and sector developments.