Columbia U.S. High Yield ETF (NJNK) 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 NJNK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NJNK
NJNK charges 0.46% annually. There are 78 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% | 2.75B | Jul 2023 | NJNK vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | NJNK vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | NJNK vs NHYB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | NJNK vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | NJNK vs USHY |
Best Risk-Adjusted Alternatives to NJNK
NJNK has a PortfoliosLab risk / return rank of 59. There are 63 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 | 870.26M | Aug 2018 | NJNK vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | NJNK vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | NJNK vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | NJNK vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.57M | Nov 2024 | NJNK vs LDRH |
Top Performing NJNK Alternatives (YTD)
NJNK is at 1.60% YTD. There are 63 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 6.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 6.35% | — | Aug 2025 | NJNK vs DADS | |
| Man Active High Yield ETF | 5.89% | 19.82M | Sep 2025 | NJNK vs MHY | |
| VanEck Emerging Markets High Yield Bond ETF | 4.23% | 521.46M | May 2012 | NJNK vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.07% | 185.42M | May 2013 | NJNK vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.69% | 596.69M | May 2014 | NJNK vs HYGH |
Lowest Volatility Alternatives to NJNK
NJNK has 4.02% 1-year volatility. There are 76 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 | NJNK vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.30% | 870.26M | Aug 2018 | NJNK vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | NJNK vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | NJNK vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | NJNK vs BSJR |
Lowest Drawdown Alternatives to NJNK
NJNK has a 1-year max drawdown of -2.63%. There are 56 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% | 870.26M | Aug 2018 | NJNK vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | NJNK vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | NJNK vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | NJNK vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | NJNK vs IBHH |
Other ETFs from Columbia
The 10 most viewed Columbia ETFs shown here include SEMI, XCEM, SBND and span 12 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Columbia Select Technology ETF | Semiconductors, Technology Equities | 54 | 20.82% | 37.44M | Mar 2022 | NJNK vs SEMI | |
| Columbia EM Core ex-China ETF | Emerging Markets Equities | 71 | 23.54% | 1.81B | Sep 2015 | NJNK vs XCEM | |
| Columbia Short Duration Bond ETF | Short-Term Bond | 70 | 0.86% | 214.67M | Sep 2021 | NJNK vs SBND | |
| Columbia U.S. Equity Income ETF | Dividend, Large Cap Value Equities | 87 | 12.56% | 303.83M | Jun 2016 | NJNK vs EQIN | |
| Columbia Core Bond ETF | Intermediate Core Bond | — | — | 2.25B | Mar 2026 | NJNK vs CRUX | |
| Columbia AAA CLO ETF | CLO | — | 2.81% | 103.12M | Dec 2025 | NJNK vs AAAC | |
| Columbia International Equity Income ETF | Dividend, Foreign Large Cap Equities | 84 | 12.10% | 102.39M | Jun 2016 | NJNK vs INEQ | |
| Columbia Short Duration High Yield ETF | High Yield Bonds | 86 | 1.90% | 105.32M | Sep 2024 | NJNK vs HYSD | |
| Columbia Corporate Bond ETF | Corporate Bonds | — | -0.88% | 56.34M | Dec 2025 | NJNK vs CCRP | |
| Columbia Large Cap Growth ETF | Large Cap Growth Equities | — | — | 62.72M | Dec 2015 | NJNK vs REGS |
Often Compared With NJNK
Investors most often compare NJNK with FTSL, PSH, THY. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare NJNK with Any Fund or Stock
Compare NJNK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NJNK with funds that move differently
Columbia U.S. High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NJNK.
Explore NJNK Diversifiers