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 |
| Index Tracked | Barclays Capital High Yield Very Liquid Index |
| Home Page | www.ssga.com |
| Asset Class | Bond |
Expense Ratio
The SPDR Barclays High Yield Bond ETF has a high expense ratio of 0.40%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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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 0.34% year-to-date (YTD) and 8.54% in the last 12 months. Over the past 10 years, SPDR Barclays High Yield Bond ETF had an annualized return of 2.92%, while the S&P 500 had an annualized return of 10.42%, indicating that SPDR Barclays High Yield Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.34% | 5.05% |
| 1 month | -1.18% | -4.27% |
| 6 months | 9.27% | 18.82% |
| 1 year | 8.54% | 21.22% |
| 5 years (annualized) | 2.61% | 11.38% |
| 10 years (annualized) | 2.92% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.15% | 0.30% | 1.18% | |||||||||
| 2023 | -1.68% | -1.08% | 4.82% | 3.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
SPDR Barclays High Yield Bond ETF(JNK)
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 granted a 6.60% dividend yield in the last twelve months. The annual payout for that period amounted to $6.17 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.17 | $6.05 | $5.46 | $4.63 | $5.57 | $5.96 | $5.95 | $6.17 | $6.63 | $6.71 | $6.94 | $7.36 |
Dividend yield | 6.60% | 6.38% | 6.06% | 4.27% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.59% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.53 | $0.53 | |||||||||
| 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 |
| 2022 | $0.00 | $0.39 | $0.40 | $0.40 | $0.41 | $0.43 | $0.45 | $0.44 | $0.50 | $0.47 | $0.46 | $1.10 |
| 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 |
| 2020 | $0.00 | $0.47 | $0.49 | $0.46 | $0.52 | $0.48 | $0.50 | $0.47 | $0.43 | $0.45 | $0.45 | $0.87 |
| 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 |
| 2018 | $0.00 | $0.48 | $0.49 | $0.45 | $0.49 | $0.50 | $0.50 | $0.48 | $0.51 | $0.53 | $0.51 | $1.02 |
| 2017 | $0.00 | $0.53 | $0.53 | $0.51 | $0.51 | $0.63 | $0.51 | $0.49 | $0.49 | $0.47 | $0.51 | $0.99 |
| 2016 | $0.00 | $0.52 | $0.57 | $0.55 | $0.54 | $0.56 | $0.56 | $0.57 | $0.56 | $0.56 | $0.56 | $1.08 |
| 2015 | $0.00 | $0.55 | $0.57 | $0.57 | $0.57 | $0.55 | $0.57 | $0.55 | $0.56 | $0.56 | $0.53 | $1.14 |
| 2014 | $0.00 | $0.60 | $0.61 | $0.59 | $0.59 | $0.58 | $0.58 | $0.58 | $0.56 | $0.58 | $0.57 | $1.12 |
| 2013 | $0.64 | $0.64 | $0.62 | $0.64 | $0.61 | $0.61 | $0.59 | $0.62 | $0.61 | $0.59 | $1.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 1.43%.
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 1.60%, 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.