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SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK)

ETF · Currency in USD · Last updated Sep 27, 2022

SJNK is a passive ETF by State Street tracking the investment results of the Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y). SJNK launched on Mar 15, 2012 and has a 0.40% expense ratio.

ETF Info

ISINUS78468R4083
CUSIP78468R408
IssuerState Street
Inception DateMar 15, 2012
RegionNorth America (U.S.)
CategoryHigh Yield Bonds
Expense Ratio0.40%
Index TrackedBloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y)
ETF Home Pagewww.ssga.com
Asset ClassBond

Trading Data

Previous Close$24.31
Year Range$23.61 - $26.28
EMA (50)$24.61
EMA (200)$25.09
Average Volume$6.55M

SJNKShare Price Chart


Chart placeholderClick Calculate to get results

SJNKPerformance

The chart shows the growth of $10,000 invested in SPDR Bloomberg Barclays Short Term High Yield Bond ETF in Mar 2012 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,889 for a total return of roughly 38.89%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-6.90%
-19.32%
SJNK (SPDR Bloomberg Barclays Short Term High Yield Bond ETF)
Benchmark (^GSPC)

SJNKReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-3.47%-9.92%
6M-6.23%-19.55%
YTD-9.37%-23.31%
1Y-9.04%-17.97%
5Y2.02%7.93%
10Y2.95%9.73%

SJNKMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-1.40%-0.57%-0.70%-2.38%0.81%-5.46%4.92%-2.24%-2.45%
20210.11%0.76%1.28%0.77%0.14%0.99%-0.12%0.39%0.04%0.04%-1.02%1.58%
2020-0.30%-0.99%-10.59%4.87%2.71%0.82%3.92%0.35%-0.19%0.56%3.36%2.02%
20193.88%0.97%0.80%0.88%-1.36%1.86%0.17%0.03%0.39%-0.35%0.09%1.85%
20180.65%-0.39%-0.05%0.56%0.15%0.27%1.39%0.50%0.61%-1.46%-0.46%-1.99%
20171.01%1.13%-0.16%0.77%0.83%-0.14%0.72%0.06%0.61%0.27%-0.19%0.24%
2016-2.10%1.07%2.55%3.49%0.91%1.51%1.04%1.88%1.17%-0.26%0.50%1.72%
20150.24%2.18%-0.65%0.93%0.23%-0.85%-1.26%-1.91%-2.46%1.82%-2.33%-2.27%
20140.13%0.99%0.17%0.39%0.47%0.38%-1.49%1.03%-1.63%0.55%-1.04%-1.19%
20130.69%0.61%0.77%1.30%-0.59%-1.65%1.88%0.27%0.39%1.50%0.79%0.46%
2012-0.80%0.96%-1.28%2.08%0.81%0.95%1.08%0.70%0.52%1.32%

SJNKSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current SPDR Bloomberg Barclays Short Term High Yield Bond ETF Sharpe ratio is -1.16. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.50-1.00-0.500.000.501.00AprilMayJuneJulyAugustSeptember
-1.16
-0.83
SJNK (SPDR Bloomberg Barclays Short Term High Yield Bond ETF)
Benchmark (^GSPC)

SJNKDividend History

SPDR Bloomberg Barclays Short Term High Yield Bond ETF granted a 5.36% dividend yield in the last twelve months. The annual payout for that period amounted to $1.27 per share.


PeriodTTM2021202020192018201720162015201420132012
Dividend$1.27$1.14$1.44$1.52$1.48$1.55$1.56$1.49$1.58$1.65$1.53

Dividend yield

5.36%4.36%5.77%6.44%6.88%7.19%7.62%8.31%8.24%8.48%8.37%

SJNKDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugustSeptember
-9.57%
-23.80%
SJNK (SPDR Bloomberg Barclays Short Term High Yield Bond ETF)
Benchmark (^GSPC)

SJNKWorst Drawdowns

The table below shows the maximum drawdowns of the SPDR Bloomberg Barclays Short Term High Yield Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the SPDR Bloomberg Barclays Short Term High Yield Bond ETF is 19.74%, recorded on Mar 23, 2020. It took 140 trading sessions for the portfolio to recover.


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, 2022
-5.36%Oct 2, 201858Dec 24, 201828Feb 5, 201986
-4.92%May 22, 201323Jun 24, 201361Sep 19, 201384
-3.04%May 4, 201220Jun 1, 201220Jun 29, 201240
-2.79%Oct 25, 201614Nov 11, 201616Dec 6, 201630
-1.9%Jan 29, 201810Feb 9, 201842Apr 12, 201852
-1.6%Oct 13, 202012Oct 28, 20205Nov 4, 202017
-1.59%Nov 8, 202117Dec 1, 202117Dec 27, 202134

SJNKVolatility Chart

Current SPDR Bloomberg Barclays Short Term High Yield Bond ETF volatility is 7.36%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%AprilMayJuneJulyAugustSeptember
7.36%
13.19%
SJNK (SPDR Bloomberg Barclays Short Term High Yield Bond ETF)
Benchmark (^GSPC)