JNKS.L vs. CWB
Compare and contrast key facts about SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L) and SPDR Bloomberg Barclays Convertible Securities ETF (CWB).
JNKS.L and CWB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CWB is a passively managed fund by State Street that tracks the performance of the Bloomberg US Convertibles Liquid Bond. It was launched on Apr 14, 2009. Both JNKS.L and CWB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNKS.L or CWB.
Correlation
The correlation between JNKS.L and CWB is 0.35, 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
JNKS.L vs. CWB - Performance Comparison
Key characteristics
JNKS.L:
1.95
CWB:
1.67
JNKS.L:
3.18
CWB:
2.32
JNKS.L:
1.38
CWB:
1.29
JNKS.L:
4.15
CWB:
0.75
JNKS.L:
12.51
CWB:
7.75
JNKS.L:
0.92%
CWB:
1.89%
JNKS.L:
5.88%
CWB:
8.77%
JNKS.L:
-14.18%
CWB:
-32.06%
JNKS.L:
-2.77%
CWB:
-4.86%
Returns By Period
In the year-to-date period, JNKS.L achieves a 0.81% return, which is significantly lower than CWB's 3.96% return. Over the past 10 years, JNKS.L has underperformed CWB with an annualized return of 6.36%, while CWB has yielded a comparatively higher 9.24% annualized return.
JNKS.L
0.81%
-2.02%
7.96%
11.68%
4.73%
6.36%
CWB
3.96%
0.65%
11.25%
16.71%
8.58%
9.24%
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JNKS.L vs. CWB - Expense Ratio Comparison
JNKS.L has a 0.30% expense ratio, which is lower than CWB's 0.40% expense ratio.
Risk-Adjusted Performance
JNKS.L vs. CWB — Risk-Adjusted Performance Rank
JNKS.L
CWB
JNKS.L vs. CWB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L) and SPDR Bloomberg Barclays Convertible Securities ETF (CWB). 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
JNKS.L vs. CWB - Dividend Comparison
JNKS.L's dividend yield for the trailing twelve months is around 7.42%, more than CWB's 1.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNKS.L SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD | 7.42% | 7.06% | 6.78% | 5.43% | 5.30% | 5.84% | 5.85% | 4.96% | 6.39% | 4.98% | 5.29% | 3.86% |
CWB SPDR Bloomberg Barclays Convertible Securities ETF | 1.79% | 1.86% | 1.97% | 2.21% | 1.97% | 2.34% | 3.03% | 6.17% | 4.25% | 4.60% | 7.52% | 7.36% |
Drawdowns
JNKS.L vs. CWB - Drawdown Comparison
The maximum JNKS.L drawdown since its inception was -14.18%, smaller than the maximum CWB drawdown of -32.06%. Use the drawdown chart below to compare losses from any high point for JNKS.L and CWB. For additional features, visit the drawdowns tool.
Volatility
JNKS.L vs. CWB - Volatility Comparison
The current volatility for SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L) is 0.92%, while SPDR Bloomberg Barclays Convertible Securities ETF (CWB) has a volatility of 1.80%. This indicates that JNKS.L experiences smaller price fluctuations and is considered to be less risky than CWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.