SJNK vs. FTSL
Compare and contrast key facts about SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) and First Trust Senior Loan Fund (FTSL).
SJNK and FTSL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SJNK or FTSL.
Correlation
The correlation between SJNK and FTSL is 0.20, 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
SJNK vs. FTSL - Performance Comparison
Loading data...
Key characteristics
SJNK:
5.28%
FTSL:
0.87%
SJNK:
-19.74%
FTSL:
0.00%
SJNK:
-0.99%
FTSL:
0.00%
Returns By Period
SJNK
1.14%
2.60%
0.88%
7.70%
7.06%
4.39%
FTSL
N/A
N/A
N/A
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SJNK vs. FTSL - Expense Ratio Comparison
SJNK has a 0.40% expense ratio, which is lower than FTSL's 0.86% expense ratio.
Risk-Adjusted Performance
SJNK vs. FTSL — Risk-Adjusted Performance Rank
SJNK
FTSL
SJNK vs. FTSL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) and First Trust Senior Loan Fund (FTSL). 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.
Loading data...
Dividends
SJNK vs. FTSL - Dividend Comparison
SJNK's dividend yield for the trailing twelve months is around 7.51%, while FTSL has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF | 7.51% | 7.47% | 7.20% | 5.85% | 4.21% | 5.34% | 5.64% | 5.69% | 5.64% | 5.65% | 5.81% | 5.46% |
FTSL First Trust Senior Loan Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SJNK vs. FTSL - Drawdown Comparison
The maximum SJNK drawdown since its inception was -19.74%, which is greater than FTSL's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SJNK and FTSL. For additional features, visit the drawdowns tool.
Loading data...
Volatility
SJNK vs. FTSL - Volatility Comparison
Loading data...