JNKS.L vs. IHYA.L
JNKS.L (SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD) and IHYA.L (iShares USD High Yield Corporate Bond UCITS ETF USD (Acc)) are both High Yield Bonds funds tracking the Bloomberg US Corporate High Yield TR USD, from State Street and iShares respectively. Both are passively managed. Over the past 5 years, JNKS.L returned 5.18%/yr vs 4.93%/yr for IHYA.L. A 0.73 correlation means they provide meaningful diversification when combined. JNKS.L charges 0.30%/yr vs 0.50%/yr for IHYA.L.
Performance
JNKS.L vs. IHYA.L - Performance Comparison
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Different Trading Currencies
JNKS.L is traded in GBP, while IHYA.L is traded in USD. To make them comparable, the IHYA.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with JNKS.L having a 3.44% return and IHYA.L slightly higher at 3.47%.
JNKS.L
- 1D
- -0.39%
- 1M
- 2.34%
- YTD
- 3.44%
- 6M
- 4.18%
- 1Y
- 8.86%
- 3Y*
- 7.67%
- 5Y*
- 5.18%
- 10Y*
- 5.55%
IHYA.L
- 1D
- -0.22%
- 1M
- 2.30%
- YTD
- 3.47%
- 6M
- 4.01%
- 1Y
- 9.82%
- 3Y*
- 7.13%
- 5Y*
- 4.93%
- 10Y*
- —
JNKS.L vs. IHYA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNKS.L SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD | 3.44% | 0.33% | 11.64% | 6.21% | 0.20% | 6.02% | 1.64% | 6.20% | 7.42% | -3.72% |
IHYA.L iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) | 3.47% | 1.69% | 8.85% | 5.09% | 1.97% | 4.70% | 1.98% | 8.38% | 4.49% | -4.39% |
Correlation
The correlation between JNKS.L and IHYA.L is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2017 | 0.73 |
The correlation between JNKS.L and IHYA.L has been stable across timeframes, ranging from 0.67 to 0.73 - a consistent structural relationship.
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Return for Risk
JNKS.L vs. IHYA.L — Risk / Return Rank
JNKS.L
IHYA.L
JNKS.L vs. IHYA.L - Risk-Adjusted Trends 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 iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.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.
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.
| JNKS.L | IHYA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.58 | -0.25 |
| Martin ratioReturn relative to average drawdown | 6.16 | 8.28 | -2.12 |
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Drawdowns
JNKS.L vs. IHYA.L - Drawdown Comparison
The maximum JNKS.L drawdown since its inception was -38.34%, which is greater than IHYA.L's maximum drawdown of -16.09%. Use the drawdown chart below to compare losses from any high point for JNKS.L and IHYA.L.
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Drawdown Indicators
| JNKS.L | IHYA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.34% | -16.09% | -22.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.79% | -3.79% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -10.35% | -8.94% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -10.35% | -10.79% | +0.44% |
Max Drawdown (10Y)Largest decline over 10 years | -14.17% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -0.22% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -10.01% | -3.71% | -6.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | 1.18% | +0.26% |
Volatility
JNKS.L vs. IHYA.L - Volatility Comparison
SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD (JNKS.L) and iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L) have volatilities of 1.83% and 1.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNKS.L | IHYA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.83% | 1.92% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 4.43% | 5.23% | -0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.10% | 6.65% | -0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.28% | 8.70% | -0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.14% | 9.76% | -0.62% |
JNKS.L vs. IHYA.L - Expense Ratio Comparison
JNKS.L has a 0.30% expense ratio, which is lower than IHYA.L's 0.50% expense ratio.
Dividends
JNKS.L vs. IHYA.L - Dividend Comparison
JNKS.L's dividend yield for the trailing twelve months is around 7.06%, while IHYA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHYA.L iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JNKS.L SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF Dist USD | 7.06% | 7.46% | 7.05% | 6.76% | 5.45% | 5.30% | 5.84% | 5.85% | 6.76% | 8.27% | 6.83% | 8.11% |
Frequently Asked Questions
JNKS.L and IHYA.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JNKS.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JNKS.L is cheaper with a 0.30% expense ratio, compared with 0.50% for IHYA.L.
Both ETFs track Bloomberg US Corporate High Yield TR USD. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for JNKS.L and 0.50% for IHYA.L.
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