HIDE vs. SJNK
Compare and contrast key facts about Alpha Architect High Inflation And Deflation ETF (HIDE) and SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK).
HIDE and SJNK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIDE is an actively managed fund by Alpha Architect. It was launched on Nov 16, 2022. SJNK is a passively managed fund by State Street that tracks the performance of the Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y). It was launched on Mar 15, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIDE or SJNK.
Correlation
The correlation between HIDE and SJNK is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HIDE vs. SJNK - Performance Comparison
Key characteristics
HIDE:
0.34
SJNK:
2.93
HIDE:
0.48
SJNK:
4.31
HIDE:
1.06
SJNK:
1.58
HIDE:
0.36
SJNK:
6.06
HIDE:
0.86
SJNK:
24.46
HIDE:
1.84%
SJNK:
0.41%
HIDE:
4.62%
SJNK:
3.46%
HIDE:
-4.41%
SJNK:
-19.74%
HIDE:
-2.69%
SJNK:
0.00%
Returns By Period
In the year-to-date period, HIDE achieves a 1.10% return, which is significantly lower than SJNK's 1.71% return.
HIDE
1.10%
0.94%
0.31%
1.00%
N/A
N/A
SJNK
1.71%
0.91%
4.53%
9.57%
5.08%
4.59%
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HIDE vs. SJNK - Expense Ratio Comparison
HIDE has a 0.29% expense ratio, which is lower than SJNK's 0.40% expense ratio.
Risk-Adjusted Performance
HIDE vs. SJNK — Risk-Adjusted Performance Rank
HIDE
SJNK
HIDE vs. SJNK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpha Architect High Inflation And Deflation ETF (HIDE) and SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
HIDE vs. SJNK - Dividend Comparison
HIDE's dividend yield for the trailing twelve months is around 2.83%, less than SJNK's 7.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIDE Alpha Architect High Inflation And Deflation ETF | 2.83% | 2.86% | 3.90% | 6.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF | 7.38% | 7.47% | 7.20% | 5.85% | 4.21% | 5.34% | 5.64% | 5.69% | 5.64% | 5.65% | 5.81% | 5.46% |
Drawdowns
HIDE vs. SJNK - Drawdown Comparison
The maximum HIDE drawdown since its inception was -4.41%, smaller than the maximum SJNK drawdown of -19.74%. Use the drawdown chart below to compare losses from any high point for HIDE and SJNK. For additional features, visit the drawdowns tool.
Volatility
HIDE vs. SJNK - Volatility Comparison
Alpha Architect High Inflation And Deflation ETF (HIDE) has a higher volatility of 1.16% compared to SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) at 0.79%. This indicates that HIDE's price experiences larger fluctuations and is considered to be riskier than SJNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.