SJNK vs. FXG

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) and First Trust Consumer Staples AlphaDEX Fund (FXG).

SJNK and FXG 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. FXG is a passively managed fund by First Trust that tracks the performance of the StrataQuant Consumer Staples Index. It was launched on May 8, 2007. Both SJNK and FXG 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

SJNK vs. FXG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) and First Trust Consumer Staples AlphaDEX Fund (FXG). The values are adjusted to include any dividend payments, if applicable.

SJNK vs. FXG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF	-0.02%	7.68%	8.24%	11.63%	-5.50%	5.06%	5.82%	9.49%	-0.27%	5.27%
FXG First Trust Consumer Staples AlphaDEX Fund	5.69%	-2.66%	3.21%	1.97%	3.28%	21.73%	4.85%	20.65%	-11.49%	7.87%

Returns By Period

In the year-to-date period, SJNK achieves a -0.02% return, which is significantly lower than FXG's 5.69% return. Over the past 10 years, SJNK has outperformed FXG with an annualized return of 5.84%, while FXG has yielded a comparatively lower 5.03% annualized return.

SJNK

• 1D: 0.21%
• 1M: -0.31%
• YTD: -0.02%
• 6M: 0.97%
• 1Y: 6.59%
• 3Y*: 7.86%
• 5Y*: 4.76%
• 10Y*: 5.84%

FXG

• 1D: 0.17%
• 1M: -6.84%
• YTD: 5.69%
• 6M: 2.31%
• 1Y: -0.13%
• 3Y*: 2.96%
• 5Y*: 4.08%
• 10Y*: 5.03%

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

SJNK vs. FXG - Expense Ratio Comparison

SJNK has a 0.40% expense ratio, which is lower than FXG's 0.63% expense ratio.

FXG

First Trust Consumer Staples AlphaDEX Fund

SJNK

SPDR Bloomberg Barclays Short Term High Yield Bond ETF

Return for Risk

SJNK vs. FXG — Risk / Return Rank

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

SJNK

SJNK Risk / Return Rank: 74
SJNK Sharpe Ratio Rank: 70
SJNK Sortino Ratio Rank: 72
SJNK Omega Ratio Rank: 80
SJNK Calmar Ratio Rank: 67
SJNK Martin Ratio Rank: 84

FXG

FXG Risk / Return Rank: 12
FXG Sharpe Ratio Rank: 11
FXG Sortino Ratio Rank: 11
FXG Omega Ratio Rank: 10
FXG Calmar Ratio Rank: 13
FXG Martin Ratio Rank: 13

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.

SJNK vs. FXG - Risk-Adjusted Trends 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 Consumer Staples AlphaDEX Fund (FXG). 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.

	SJNK	FXG	Difference
Sharpe ratio Return per unit of total volatility	1.27	-0.01	+1.28
Sortino ratio Return per unit of downside risk	1.88	0.09	+1.80
Omega ratio Gain probability vs. loss probability	1.31	1.01	+0.30
Calmar ratio Return relative to maximum drawdown	1.77	0.04	+1.72
Martin ratio Return relative to average drawdown	10.05	0.11	+9.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SJNK vs. FXG - Sharpe Ratio Comparison

The current SJNK Sharpe Ratio is 1.27, which is higher than the FXG Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of SJNK and FXG, 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

	SJNK	FXG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	-0.01	+1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.31	+0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	0.34	+0.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.50	+0.29

Correlation

The correlation between SJNK and FXG is 0.43, 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

SJNK vs. FXG - Dividend Comparison

SJNK's dividend yield for the trailing twelve months is around 7.13%, more than FXG's 2.74% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF	7.13%	7.12%	7.47%	7.20%	5.85%	4.21%	5.34%	5.64%	5.69%	5.64%	5.65%	5.81%
FXG First Trust Consumer Staples AlphaDEX Fund	2.74%	2.83%	1.70%	1.41%	1.83%	1.38%	1.41%	1.63%	2.31%	1.34%	1.72%	1.67%

Drawdowns

SJNK vs. FXG - Drawdown Comparison

The maximum SJNK drawdown since its inception was -19.74%, smaller than the maximum FXG drawdown of -38.69%. Use the drawdown chart below to compare losses from any high point for SJNK and FXG.

Drawdown Indicators

	SJNK	FXG	Difference
Max Drawdown Largest peak-to-trough decline	-19.74%	-38.69%	+18.95%
Max Drawdown (1Y) Largest decline over 1 year	-3.83%	-10.74%	+6.91%
Max Drawdown (5Y) Largest decline over 5 years	-10.18%	-15.70%	+5.52%
Max Drawdown (10Y) Largest decline over 10 years	-19.74%	-27.54%	+7.80%
Current Drawdown Current decline from peak	-0.61%	-7.56%	+6.95%
Average Drawdown Average peak-to-trough decline	-1.65%	-6.00%	+4.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.67%	4.21%	-3.54%

Volatility

SJNK vs. FXG - Volatility Comparison

The current volatility for SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) is 1.83%, while First Trust Consumer Staples AlphaDEX Fund (FXG) has a volatility of 3.61%. This indicates that SJNK experiences smaller price fluctuations and is considered to be less risky than FXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SJNK	FXG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.83%	3.61%	-1.78%
Volatility (6M) Calculated over the trailing 6-month period	2.46%	9.20%	-6.74%
Volatility (1Y) Calculated over the trailing 1-year period	5.22%	14.25%	-9.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.81%	13.44%	-7.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.49%	14.91%	-8.42%