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

Share Price Chart


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Performance

SJNK Performance Chart

SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is up 1.7% since the beginning of the year. SJNK is currently trading at $25 per share. Investors who bought $1,000 worth of SJNK shares 5 years ago would now be looking at an investment worth $1,265.


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S&P 500 Index

Returns By Period

SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) has returned 1.73% so far this year and 6.11% over the past 12 months. Over the last ten years, SJNK has returned 5.56% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


SPDR Bloomberg Short Term High Yield Bond ETF

1D
-0.04%
1M
0.53%
YTD
1.73%
6M
1.97%
1Y
6.11%
3Y*
8.39%
5Y*
4.82%
10Y*
5.56%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SJNK Monthly Returns History

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, an 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%1.54%0.29%0.13%1.73%
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 Short Term High Yield Bond ETF has an annualized alpha of 1.34%, beta of 0.26, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since March 15, 2012.

  • This ETF participated in 29.56% of S&P 500 Index downside but only 27.55% 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
1.34%
Beta
0.26
0.54
Upside Capture
27.55%
Downside Capture
29.56%

Expense Ratio

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


Return for Risk

Risk / Return Rank

SJNK ranks 68 for risk / return — better than 68% 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: 6868
Overall Rank
SJNK Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
SJNK Sortino Ratio Rank: 6565
Sortino Ratio Rank
SJNK Omega Ratio Rank: 6363
Omega Ratio Rank
SJNK Calmar Ratio Rank: 7272
Calmar Ratio Rank
SJNK Martin Ratio Rank: 8080
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 Short Term High Yield Bond ETF (SJNK) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


SJNKBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.14

Sortino ratioReturn per unit of downside risk

+0.14

Omega ratioGain probability vs. loss probability

1.37

1.37

0.00

Calmar ratioReturn relative to maximum drawdown

3.55

2.78

+0.76

Martin ratioReturn relative to average drawdown

15.26

12.44

+2.82

Dividends

Dividend History

SPDR Bloomberg Short Term High Yield Bond ETF provided a 7.00% dividend yield over the last twelve months, with an annual payout of $1.75 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$1.75$1.80$1.89$1.81$1.42$1.14$1.44$1.52$1.48$1.55$1.56$1.49

Dividend yield

7.00%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 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$0.15$0.14$0.14$0.72
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 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 Short Term High Yield Bond ETF was 19.74%, occurring on Mar 23, 2020. Recovery took 140 trading sessions.

The current SPDR Bloomberg Short Term High Yield Bond ETF drawdown is 0.08%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-19.74%Mar 2020
1mo 1d6mo 20d
7mo 21dFeb 2020 - Oct 2020
2016 correction2016
-15.03%Feb 2016
1y 7mo6mo 20d
2y 1moJul 2014 - Aug 2016
Bear market2022
-10.18%Jun 2022
5mo 17d1y 1mo
1y 6moDec 2021 - Jul 2023
Rate-hike selloffLate 2018
-5.36%Dec 2018
2mo 23d1mo 13d
4mo 6dOct 2018 - Feb 2019
2013 pullback2013
-4.92%Jun 2013
1mo 3d2mo 27d
4moMay 2013 - Sep 2013

Drawdown Indicators


SJNKBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-19.74%

-56.78%

+37.04%

Max Drawdown (1Y)

Largest decline over 1 year

-1.73%

-9.10%

+7.37%

Max Drawdown (3Y)

Largest decline over 3 years

-4.77%

-18.90%

+14.13%

Max Drawdown (5Y)

Largest decline over 5 years

-10.18%

-25.43%

+15.25%

Max Drawdown (10Y)

Largest decline over 10 years

-19.74%

-33.92%

+14.18%

Current Drawdown

Current decline from peak

-0.08%

-1.80%

+1.72%

Average Drawdown

Average peak-to-trough decline

-1.63%

-10.71%

+9.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.40%

2.03%

-1.63%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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