JNK vs. JNKS.L

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Barclays High Yield Bond ETF (JNK) and SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L).

JNK and JNKS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JNK is a passively managed fund by State Street that tracks the performance of the Barclays Capital High Yield Very Liquid Index. It was launched on Nov 28, 2007. JNKS.L is a passively managed fund by State Street that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Sep 19, 2013. Both JNK and JNKS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JNK vs. JNKS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Barclays High Yield Bond ETF (JNK) and SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L). The values are adjusted to include any dividend payments, if applicable.

JNK vs. JNKS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JNK SPDR Barclays High Yield Bond ETF	-0.14%	8.76%	7.71%	12.42%	-12.19%	4.00%	4.95%	14.88%	-3.28%	6.49%
JNKS.L SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD	-0.90%	7.88%	9.75%	11.86%	-10.51%	5.06%	4.75%	10.44%	-0.54%	4.97%

Different Trading Currencies

JNK is traded in USD, while JNKS.L is traded in GBP. To make them comparable, the JNKS.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, JNK achieves a -0.14% return, which is significantly higher than JNKS.L's -0.90% return. Both investments have delivered pretty close results over the past 10 years, with JNK having a 5.25% annualized return and JNKS.L not far behind at 5.14%.

JNK

• 1D: 0.29%
• 1M: -0.71%
• YTD: -0.14%
• 6M: 1.02%
• 1Y: 7.32%
• 3Y*: 8.05%
• 5Y*: 3.56%
• 10Y*: 5.25%

JNKS.L

• 1D: 0.31%
• 1M: -1.39%
• YTD: -0.90%
• 6M: -0.14%
• 1Y: 5.86%
• 3Y*: 8.53%
• 5Y*: 3.93%
• 10Y*: 5.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JNK vs. JNKS.L - Expense Ratio Comparison

JNK has a 0.40% expense ratio, which is higher than JNKS.L's 0.30% expense ratio.

JNK

SPDR Barclays High Yield Bond ETF

JNKS.L

SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD

Return for Risk

JNK vs. JNKS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JNK

JNK Risk / Return Rank: 74
JNK Sharpe Ratio Rank: 70
JNK Sortino Ratio Rank: 73
JNK Omega Ratio Rank: 76
JNK Calmar Ratio Rank: 69
JNK Martin Ratio Rank: 81

JNKS.L

JNKS.L Risk / Return Rank: 23
JNKS.L Sharpe Ratio Rank: 22
JNKS.L Sortino Ratio Rank: 20
JNKS.L Omega Ratio Rank: 19
JNKS.L Calmar Ratio Rank: 30
JNKS.L Martin Ratio Rank: 25

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.

JNK vs. JNKS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Barclays High Yield Bond ETF (JNK) and SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L). 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.

	JNK	JNKS.L	Difference
Sharpe ratio Return per unit of total volatility	1.29	0.85	+0.44
Sortino ratio Return per unit of downside risk	1.92	1.19	+0.73
Omega ratio Gain probability vs. loss probability	1.30	1.17	+0.13
Calmar ratio Return relative to maximum drawdown	1.82	1.25	+0.57
Martin ratio Return relative to average drawdown	9.34	6.07	+3.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JNK vs. JNKS.L - Sharpe Ratio Comparison

The current JNK Sharpe Ratio is 1.29, which is higher than the JNKS.L Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of JNK and JNKS.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JNK	JNKS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	0.85	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.54	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.68	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.58	-0.16

Correlation

The correlation between JNK and JNKS.L is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JNK vs. JNKS.L - Dividend Comparison

JNK's dividend yield for the trailing twelve months is around 6.67%, less than JNKS.L's 7.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JNK SPDR Barclays High Yield Bond ETF	6.67%	6.54%	6.63%	6.38%	6.06%	4.27%	5.11%	5.44%	5.90%	5.60%	6.06%	6.59%
JNKS.L SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD	7.29%	7.46%	7.06%	6.78%	5.43%	5.30%	5.84%	5.85%	4.96%	6.39%	4.98%	5.29%

Drawdowns

JNK vs. JNKS.L - Drawdown Comparison

The maximum JNK drawdown since its inception was -38.48%, which is greater than JNKS.L's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for JNK and JNKS.L.

Drawdown Indicators

	JNK	JNKS.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.48%	-14.18%	-24.30%
Max Drawdown (1Y) Largest decline over 1 year	-4.17%	-4.74%	+0.57%
Max Drawdown (5Y) Largest decline over 5 years	-16.67%	-10.35%	-6.32%
Max Drawdown (10Y) Largest decline over 10 years	-22.89%	-14.18%	-8.71%
Current Drawdown Current decline from peak	-1.13%	-3.03%	+1.90%
Average Drawdown Average peak-to-trough decline	-3.73%	-3.67%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.81%	1.50%	-0.69%

Volatility

JNK vs. JNKS.L - Volatility Comparison

SPDR Barclays High Yield Bond ETF (JNK) has a higher volatility of 2.27% compared to SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L) at 2.07%. This indicates that JNK's price experiences larger fluctuations and is considered to be riskier than JNKS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JNK	JNKS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.27%	2.07%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	2.95%	3.90%	-0.95%
Volatility (1Y) Calculated over the trailing 1-year period	5.72%	6.91%	-1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.53%	7.22%	+0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.34%	7.50%	+0.84%