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SJNK vs. LDRH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SJNK vs. LDRH

Last updated Jun 4, 2026

SJNK (SPDR Bloomberg Barclays Short Term High Yield Bond ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds - SJNK tracks the Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y) while LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. Both are passively managed. Over the past year, SJNK returned 6.45% vs 6.43% for LDRH. Their correlation of 0.86 suggests significant overlap in exposure. SJNK charges 0.40%/yr vs 0.35%/yr for LDRH.

Performance

SJNK vs. LDRH - 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 iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SJNK achieves a 1.41% return, which is significantly lower than LDRH's 1.79% return.

SJNK

1D
-0.12%
1M
0.37%
YTD
1.41%
6M
1.87%
1Y
6.45%
3Y*
8.21%
5Y*
4.84%
10Y*
5.51%

LDRH

1D
-0.20%
1M
0.18%
YTD
1.79%
6M
2.28%
1Y
6.43%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SJNK vs. LDRH - Yearly Performance Comparison

2026 (YTD)20252024
SJNK
SPDR Bloomberg Barclays Short Term High Yield Bond ETF		1.41%7.68%-0.25%
LDRH
iShares iBonds 1-5 Year High Yield and Income Ladder ETF		1.79%7.18%0.21%

Correlation

The correlation between SJNK and LDRH is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Nov 11, 2024

0.86

The correlation between SJNK and LDRH has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

SJNK vs. LDRH - Sectors Allocation Comparison

Sectors
SJNK
LDRH

Communication Services

100.0%

-

Basic Materials

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

100.0%

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Communication Services

SJNK
100.0%
LDRH

-

Basic Materials

SJNK

-

LDRH

-

Consumer Cyclical

SJNK

-

LDRH

-

Consumer Defensive

SJNK

-

LDRH

-

Energy

SJNK

-

LDRH
100.0%

Financial Services

SJNK

-

LDRH

-

Healthcare

SJNK

-

LDRH

-

Industrials

SJNK

-

LDRH

-

Real Estate

SJNK

-

LDRH

-

Technology

SJNK

-

LDRH

-

Utilities

SJNK

-

LDRH

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR Bloomberg Barclays Short Term High Yield Bond ETF

iShares iBonds 1-5 Year High Yield and Income Ladder ETF

Often compared with SJNK:
SJNK vs. SHYGSJNK vs. HYGSJNK vs. USHYSJNK vs. SRLNSJNK vs. HYLBSJNK vs. HIGHSJNK vs. SPSB
Often compared with LDRH:
LDRH vs. IBHELDRH vs. HYBLLDRH vs. SPHYLDRH vs. HYSLDRH vs. VGHYLDRH vs. GHYBLDRH vs. IBHG

Return for Risk

SJNK vs. LDRH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SJNK
SJNK Risk / Return Rank: 6969
Overall Rank
SJNK Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
SJNK Sortino Ratio Rank: 6666
Sortino Ratio Rank
SJNK Omega Ratio Rank: 6464
Omega Ratio Rank
SJNK Calmar Ratio Rank: 7474
Calmar Ratio Rank
SJNK Martin Ratio Rank: 8181
Martin Ratio Rank
LDRH
LDRH Risk / Return Rank: 8585
Overall Rank
LDRH Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
LDRH Sortino Ratio Rank: 8787
Sortino Ratio Rank
LDRH Omega Ratio Rank: 8181
Omega Ratio Rank
LDRH Calmar Ratio Rank: 8888
Calmar Ratio Rank
LDRH Martin Ratio Rank: 9191
Martin Ratio Rank
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. LDRH - 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 iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.

SJNKLDRHDifference
Sharpe ratioReturn per unit of total volatility
2.02
2.48

-0.45

Sortino ratioReturn per unit of downside risk
3.09
3.99

-0.90

Omega ratioGain probability vs. loss probability

1.40

1.49

-0.09

Calmar ratioReturn relative to maximum drawdown

3.74

5.24

-1.50

Martin ratioReturn relative to average drawdown

16.21

21.81

-5.61

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. LDRH - Sharpe Ratio Comparison

The current SJNK Sharpe Ratio is 2.02, which is comparable to the LDRH Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of SJNK and LDRH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SJNKLDRHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.02

2.48

-0.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.83

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.80

1.69

-0.89

Drawdowns

SJNK vs. LDRH - Drawdown Comparison

The maximum SJNK drawdown since its inception was -19.74%, which is greater than LDRH's maximum drawdown of -3.17%. Use the drawdown chart below to compare losses from any high point for SJNK and LDRH.

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Drawdown Indicators

SJNKLDRHDifference

Max Drawdown

Largest peak-to-trough decline

-19.74%

-3.17%

-16.57%

Max Drawdown (1Y)

Largest decline over 1 year

-1.73%

-1.23%

-0.50%

Max Drawdown (3Y)

Largest decline over 3 years

-4.77%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-10.18%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-19.74%

—

—

Current Drawdown

Current decline from peak

-0.19%

-0.20%

+0.01%

Average Drawdown

Average peak-to-trough decline

-1.63%

-0.24%

-1.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.40%

0.30%

+0.10%

Volatility

SJNK vs. LDRH - Volatility Comparison

SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) has a higher volatility of 0.91% compared to iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) at 0.69%. This indicates that SJNK's price experiences larger fluctuations and is considered to be riskier than LDRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SJNKLDRHDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.91%

0.69%

+0.22%

Volatility (6M)

Calculated over the trailing 6-month period

2.45%

1.97%

+0.48%

Volatility (1Y)

Calculated over the trailing 1-year period

3.20%

2.61%

+0.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.83%

3.52%

+2.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.49%

3.52%

+2.97%

SJNK vs. LDRH - Expense Ratio Comparison

SJNK has a 0.40% expense ratio, which is higher than LDRH's 0.35% expense ratio.

Dividends

SJNK vs. LDRH - Dividend Comparison

SJNK's dividend yield for the trailing twelve months is around 7.02%, which matches LDRH's 7.00% yield.

PositionTTM20252024202320222021202020192018201720162015
LDRH
iShares iBonds 1-5 Year High Yield and Income Ladder ETF		7.00%6.41%1.13%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SJNK
SPDR Bloomberg Barclays Short Term High Yield Bond ETF		7.02%7.12%7.47%7.20%5.85%4.21%5.34%5.64%5.69%5.64%5.65%5.81%

Frequently Asked Questions

SJNK and LDRH have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SJNK has higher volatility (0.91%) compared to LDRH (0.69%). In terms of maximum drawdown, SJNK dropped -19.74% vs LDRH's -3.17%.

On 1-year performance, SJNK leads with 6.45% vs 6.43% for LDRH. On fees, LDRH is cheaper at 0.35% per year. On volatility, LDRH has been the lower-risk option at 0.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, SJNK has performed better with a 6.45% return vs 6.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

LDRH is cheaper with a 0.35% expense ratio, compared with 0.40% for SJNK.

SJNK has the higher dividend yield at 7.02%, compared with 7.00% for LDRH.

SJNK tracks Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y), while LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.40% for SJNK and 0.35% for LDRH.

LDRH currently has the higher Sharpe Ratio (2.48 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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