SPDR Barclays High Yield Bond ETF (JNK)
JNK is a passive ETF by State Street tracking the investment results of the Barclays Capital High Yield Very Liquid Index. JNK launched on Nov 28, 2007 and has a 0.40% expense ratio.
ETF Info
| ISIN | US78468R6229 |
|---|---|
| CUSIP | 78468R622 |
| Issuer | State Street |
| Inception Date | Nov 28, 2007 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | Barclays Capital High Yield Very Liquid Index |
| Home Page | www.ssga.com |
| Asset Class | Bond |
Expense Ratio
JNK features an expense ratio of 0.40%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: JNK vs. HYG, JNK vs. SPHY, JNK vs. USHY, JNK vs. VWEHX, JNK vs. VTC, JNK vs. XLB, JNK vs. SPSB, JNK vs. ENB.TO, JNK vs. LTPZ, JNK vs. JEPI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Barclays High Yield Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Barclays High Yield Bond ETF had a return of 7.55% year-to-date (YTD) and 12.80% in the last 12 months. Over the past 10 years, SPDR Barclays High Yield Bond ETF had an annualized return of 3.69%, while the S&P 500 had an annualized return of 11.11%, indicating that SPDR Barclays High Yield Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.55% | 23.08% |
| 1 month | -0.16% | 0.48% |
| 6 months | 5.43% | 10.70% |
| 1 year | 12.80% | 30.22% |
| 5 years (annualized) | 3.43% | 13.50% |
| 10 years (annualized) | 3.69% | 11.11% |
Monthly Returns
The table below presents the monthly returns of JNK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.15% | 0.30% | 1.18% | -1.33% | 1.57% | 0.48% | 2.24% | 1.58% | 1.56% | -0.99% | 7.55% | ||
| 2023 | 4.03% | -1.89% | 2.13% | 0.13% | -1.25% | 1.90% | 1.33% | 0.25% | -1.68% | -1.08% | 4.82% | 3.36% | 12.42% |
| 2022 | -2.76% | -0.84% | -1.35% | -4.40% | 1.47% | -7.62% | 6.78% | -4.22% | -3.87% | 3.06% | 3.62% | -1.88% | -12.19% |
| 2021 | -0.50% | 0.15% | 0.97% | 0.73% | 0.07% | 1.32% | 0.18% | 0.55% | -0.24% | -0.32% | -1.30% | 2.36% | 4.00% |
| 2020 | -0.46% | -1.48% | -11.02% | 5.03% | 3.53% | -0.35% | 5.40% | 0.11% | -1.00% | 0.47% | 3.54% | 2.13% | 4.95% |
| 2019 | 5.24% | 1.44% | 1.28% | 1.31% | -1.98% | 3.12% | 0.14% | 0.66% | 0.39% | -0.06% | 0.59% | 2.01% | 14.88% |
| 2018 | -0.05% | -0.90% | -0.55% | 0.48% | -0.24% | 0.08% | 1.77% | 0.62% | 0.62% | -1.99% | -0.75% | -2.33% | -3.27% |
| 2017 | 1.26% | 1.32% | -0.31% | 1.04% | 1.14% | 0.06% | 0.99% | 0.06% | 0.60% | 0.21% | -0.35% | 0.30% | 6.49% |
| 2016 | -2.06% | 1.20% | 3.04% | 3.62% | 0.32% | 1.85% | 1.57% | 1.86% | 1.01% | -0.75% | 0.13% | 1.92% | 14.42% |
| 2015 | 0.85% | 2.64% | -0.94% | 1.05% | 0.43% | -2.05% | -0.71% | -2.06% | -3.16% | 2.81% | -2.57% | -3.04% | -6.77% |
| 2014 | 0.57% | 2.31% | -0.02% | 0.55% | 0.92% | 0.95% | -2.38% | 2.51% | -2.43% | 0.93% | -1.47% | -1.52% | 0.77% |
| 2013 | 0.27% | 0.71% | 1.06% | 2.08% | -2.31% | -2.20% | 2.53% | -1.03% | 0.97% | 2.49% | 0.78% | 0.51% | 5.87% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of JNK is 84, placing it in the top 16% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Barclays High Yield Bond ETF (JNK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Barclays High Yield Bond ETF provided a 6.57% dividend yield over the last twelve months, with an annual payout of $6.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.33 | $6.05 | $5.46 | $4.63 | $5.57 | $5.96 | $5.95 | $6.17 | $6.62 | $6.71 | $6.94 | $7.36 |
Dividend yield | 6.57% | 6.38% | 6.06% | 4.26% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.60% | 5.99% | 6.05% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Barclays High Yield Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.53 | $0.53 | $0.51 | $0.54 | $0.53 | $0.53 | $0.53 | $0.53 | $0.53 | $0.53 | $5.29 | |
| 2023 | $0.00 | $0.48 | $0.51 | $0.45 | $0.50 | $0.52 | $0.49 | $0.52 | $0.51 | $0.51 | $0.50 | $1.04 | $6.05 |
| 2022 | $0.00 | $0.39 | $0.40 | $0.40 | $0.41 | $0.43 | $0.45 | $0.44 | $0.50 | $0.48 | $0.46 | $1.10 | $5.46 |
| 2021 | $0.00 | $0.40 | $0.40 | $0.39 | $0.38 | $0.39 | $0.39 | $0.37 | $0.38 | $0.39 | $0.38 | $0.77 | $4.63 |
| 2020 | $0.00 | $0.47 | $0.49 | $0.46 | $0.52 | $0.48 | $0.50 | $0.47 | $0.43 | $0.46 | $0.45 | $0.87 | $5.57 |
| 2019 | $0.00 | $0.50 | $0.52 | $0.51 | $0.51 | $0.51 | $0.50 | $0.50 | $0.49 | $0.49 | $0.48 | $0.96 | $5.96 |
| 2018 | $0.00 | $0.48 | $0.49 | $0.45 | $0.49 | $0.50 | $0.50 | $0.48 | $0.51 | $0.53 | $0.51 | $1.01 | $5.95 |
| 2017 | $0.00 | $0.53 | $0.53 | $0.52 | $0.51 | $0.63 | $0.50 | $0.49 | $0.49 | $0.47 | $0.51 | $0.99 | $6.17 |
| 2016 | $0.00 | $0.53 | $0.57 | $0.55 | $0.54 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $1.08 | $6.62 |
| 2015 | $0.00 | $0.55 | $0.57 | $0.57 | $0.56 | $0.56 | $0.57 | $0.55 | $0.56 | $0.56 | $0.53 | $1.14 | $6.71 |
| 2014 | $0.00 | $0.59 | $0.61 | $0.59 | $0.59 | $0.58 | $0.58 | $0.58 | $0.56 | $0.58 | $0.57 | $1.12 | $6.94 |
| 2013 | $0.64 | $0.65 | $0.62 | $0.64 | $0.61 | $0.61 | $0.59 | $0.62 | $0.61 | $0.59 | $1.19 | $7.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Barclays High Yield Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR Barclays High Yield Bond ETF was 38.48%, occurring on Mar 9, 2009. Recovery took 159 trading sessions.
The current SPDR Barclays High Yield Bond ETF drawdown is 0.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.48% | Jan 3, 2008 | 297 | Mar 9, 2009 | 159 | Oct 22, 2009 | 456 |
| -22.89% | Feb 21, 2020 | 22 | Mar 23, 2020 | 158 | Nov 4, 2020 | 180 |
| -16.95% | Sep 3, 2014 | 364 | Feb 11, 2016 | 138 | Aug 29, 2016 | 502 |
| -16.67% | Dec 28, 2021 | 189 | Sep 27, 2022 | 371 | Mar 20, 2024 | 560 |
| -10.94% | Jul 22, 2011 | 52 | Oct 4, 2011 | 72 | Jan 18, 2012 | 124 |
Volatility
Volatility Chart
The current SPDR Barclays High Yield Bond ETF volatility is 1.20%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.