State Street SPDR Bloomberg High Yield Bond ETF (JNK) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JNK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JNK
JNK charges 0.40% annually. There are 51 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.68B | Jul 2023 | JNK vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.41B | Jun 2012 | JNK vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.71B | Sep 2025 | JNK vs NHYB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.80B | Oct 2017 | JNK vs USHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.54B | Dec 2016 | JNK vs HYLB |
Best Risk-Adjusted Alternatives to JNK
JNK has a PortfoliosLab risk / return rank of 71. There are 46 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 907.20M | Aug 2018 | JNK vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | 91 | 499.12M | Jul 2021 | JNK vs IBHG | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 91 | 22.06M | Nov 2024 | JNK vs LDRH | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 91 | 852.94M | Sep 2019 | JNK vs BSJR | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 90 | 255.19M | Dec 2013 | JNK vs HYZD |
Top Performing JNK Alternatives (YTD)
JNK is at 2.15% YTD. There are 46 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 9.42% | — | Aug 2025 | JNK vs DADS | |
| Man Active High Yield ETF | 5.34% | 19.82M | Sep 2025 | JNK vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.28% | 522.28M | May 2012 | JNK vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 3.84% | 179.11M | May 2013 | JNK vs HYHG | |
| Fidelity Sustainable High Yield ETF | 3.70% | 136.92M | Feb 2022 | JNK vs FSYD |
Lowest Volatility Alternatives to JNK
JNK has 3.83% 1-year volatility. There are 67 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | JNK vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 907.20M | Aug 2018 | JNK vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.47% | 637.48M | Feb 2015 | JNK vs FLRT | |
| State Street My2027 High Yield Corporate Bond ETF | 1.82% | 4.98M | Feb 2026 | JNK vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 852.94M | Sep 2019 | JNK vs BSJR |
Lowest Drawdown Alternatives to JNK
JNK has a 1-year max drawdown of -2.51%. There are 49 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 907.20M | Aug 2018 | JNK vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 499.12M | Jul 2021 | JNK vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 852.94M | Sep 2019 | JNK vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 450.96M | Mar 2022 | JNK vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 22.06M | Nov 2024 | JNK vs LDRH |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $783B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 70 | 11.28% | 783.21B | Jan 1993 | JNK vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 24 | -6.05% | 132.10B | Nov 2004 | JNK vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 61 | 26.43% | 120.59B | Dec 1998 | JNK vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 50 | 12.72% | 52.75B | Sep 2000 | JNK vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 60 | 14.87% | 7.40B | Oct 2015 | JNK vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 55 | 28.11% | 36.33B | Dec 1998 | JNK vs XLE | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 70 | 11.33% | 158.31B | Nov 2005 | JNK vs SPYM | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 25 | -6.01% | 27.70B | Jun 2018 | JNK vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 30 | 7.35% | 23.51B | Dec 1998 | JNK vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.91% | 46.75B | May 2007 | JNK vs BIL |
Often Compared With JNK
Investors most often compare JNK with HYG, VWEHX, JEPI. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare JNK with Any Fund or Stock
Compare JNK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JNK with funds that move differently
State Street SPDR Bloomberg High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JNK.
Explore JNK Diversifiers