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SPDR Bloomberg Barclays Short Term High Yield Bond...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US78468R4083
CUSIP
78468R408
Inception Date
Mar 15, 2012
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y)
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SPDR Bloomberg Barclays Short Term 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.


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S&P 500 Index

Returns By Period

SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) has returned -0.23% so far this year and 6.54% over the past 12 months. Over the last ten years, SJNK has returned 5.82% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


SPDR Bloomberg Barclays Short Term High Yield Bond ETF

1D
0.77%
1M
-0.50%
YTD
-0.23%
6M
0.95%
1Y
6.54%
3Y*
7.78%
5Y*
4.72%
10Y*
5.82%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Mar 15, 2012, SJNK's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, your investment would double in approximately 14.8 years.

Historically, 69% of months were positive and 31% were negative. The best month was Jul 2022 with a return of +4.9%, while the worst month was Mar 2020 at -10.6%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SJNK closed higher 52% of trading days. The best single day was Apr 9, 2020 with a return of +5.9%, while the worst single day was Mar 9, 2020 at -4.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.43%-0.16%-0.50%-0.23%
20251.23%0.91%-1.29%-0.05%1.59%1.62%0.39%1.04%0.84%-0.06%0.64%0.59%7.68%
20240.32%0.46%0.79%-0.73%1.09%0.55%1.96%1.34%1.68%-0.44%1.44%-0.49%8.24%
20233.22%-0.99%1.45%0.21%-0.67%1.74%1.11%0.54%-0.80%-0.90%3.71%2.60%11.63%
2022-1.40%-0.57%-0.70%-2.38%0.81%-5.46%4.92%-2.24%-2.41%2.54%2.91%-1.23%-5.50%
20210.11%0.76%1.28%0.77%0.14%0.99%-0.12%0.39%0.04%0.04%-1.02%1.58%5.06%

Benchmark Metrics

SPDR Bloomberg Barclays Short Term High Yield Bond ETF has an annualized alpha of 1.49%, beta of 0.26, and R² of 0.54 versus S&P 500 Index. Calculated based on daily prices since March 16, 2012.

  • This ETF participated in 29.89% of S&P 500 Index downside but only 28.51% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.26 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
1.49%
Beta
0.26
0.54
Upside Capture
28.51%
Downside Capture
29.89%

Expense Ratio

SJNK has an expense ratio of 0.40%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SJNK ranks 74 for risk / return — better than 74% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


SJNK Risk / Return Rank: 7474
Overall Rank
SJNK Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
SJNK Sortino Ratio Rank: 7272
Sortino Ratio Rank
SJNK Omega Ratio Rank: 7979
Omega Ratio Rank
SJNK Calmar Ratio Rank: 6666
Calmar Ratio Rank
SJNK Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) and compare them to a chosen benchmark (S&P 500 Index).


SJNKBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.26

0.90

+0.36

Sortino ratio

Return per unit of downside risk

1.87

1.39

+0.48

Omega ratio

Gain probability vs. loss probability

1.31

1.21

+0.10

Calmar ratio

Return relative to maximum drawdown

1.73

1.40

+0.33

Martin ratio

Return relative to average drawdown

9.87

6.61

+3.26

Explore SJNK risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

SPDR Bloomberg Barclays Short Term High Yield Bond ETF provided a 7.14% dividend yield over the last twelve months, with an annual payout of $1.78 per share.


4.00%4.50%5.00%5.50%6.00%6.50%7.00%7.50%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.78$1.80$1.89$1.81$1.42$1.14$1.44$1.52$1.48$1.55$1.56$1.49

Dividend yield

7.14%7.12%7.47%7.20%5.85%4.21%5.34%5.64%5.69%5.64%5.65%5.81%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR Bloomberg Barclays Short Term High Yield Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.14$0.14$0.28
2025$0.00$0.15$0.15$0.16$0.15$0.16$0.15$0.15$0.15$0.15$0.14$0.29$1.80
2024$0.00$0.15$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.31$1.89
2023$0.00$0.13$0.15$0.15$0.14$0.15$0.14$0.15$0.15$0.16$0.18$0.29$1.81
2022$0.00$0.10$0.10$0.10$0.11$0.11$0.12$0.11$0.14$0.13$0.12$0.29$1.42
2021$0.00$0.10$0.11$0.09$0.09$0.09$0.10$0.09$0.09$0.09$0.09$0.21$1.14

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR Bloomberg Barclays Short Term 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 Bloomberg Barclays Short Term High Yield Bond ETF was 19.74%, occurring on Mar 23, 2020. Recovery took 140 trading sessions.

The current SPDR Bloomberg Barclays Short Term High Yield Bond ETF drawdown is 0.82%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.74%Feb 21, 202022Mar 23, 2020140Oct 9, 2020162
-15.03%Jul 8, 2014404Feb 11, 2016138Aug 29, 2016542
-10.18%Dec 28, 2021116Jun 13, 2022271Jul 13, 2023387
-5.36%Oct 2, 201858Dec 24, 201828Feb 5, 201986
-4.92%May 22, 201323Jun 24, 201361Sep 19, 201384

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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