SJNK vs. MYHA

Last updated Aug 5, 2026

SJNK (SPDR Bloomberg Short Term High Yield Bond ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds from State Street. SJNK is passively managed, while MYHA is actively managed. Their correlation of 0.87 means they have usually moved in the same direction. SJNK charges 0.40%/yr vs 0.39%/yr for MYHA.

Performance

SJNK vs. MYHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) and State Street My2027 High Yield Corporate Bond ETF (MYHA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SJNK

• 1D: 0.28%
• 1M: 0.21%
• 6M: 1.70%
• YTD: 2.14%
• 1Y: 4.99%
• 3Y*: 7.95%
• 5Y*: 4.92%
• 10Y*: 5.29%
• ALL TIME*: 4.64%

MYHA

• 1D: 0.08%
• 1M: 0.37%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MYHA State Street My2027 High Yield Corporate Bond ETF	$598.01	$717.12	$4.30K
SJNK SPDR Bloomberg Short Term High Yield Bond ETF	$82.43M	$64.40M	$60.77M

SJNK vs. MYHA - Yearly Performance Comparison

	2026 (YTD)
SJNK SPDR Bloomberg Short Term High Yield Bond ETF	1.62%
MYHA State Street My2027 High Yield Corporate Bond ETF	1.83%

Correlation

The correlation between SJNK and MYHA is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	0.87

Return for Risk

SJNK vs. MYHA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SJNK

SJNK Risk / Return Rank: 67
SJNK Sharpe Ratio Rank: 57
SJNK Sortino Ratio Rank: 64
SJNK Omega Ratio Rank: 61
SJNK Calmar Ratio Rank: 74
SJNK Martin Ratio Rank: 81

MYHA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SJNK vs. MYHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) and State Street My2027 High Yield Corporate Bond ETF (MYHA). 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.

	SJNK	MYHA	Difference
Sharpe ratio: Return per unit of total volatility	1.55	—	—
Sortino ratio: Return per unit of downside risk	2.38	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.90	—	—
Martin ratio: Return relative to average drawdown	12.06	—	—

Drawdowns

SJNK vs. MYHA - Drawdown Comparison

The maximum SJNK drawdown since its inception was -19.74%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for SJNK and MYHA.

Drawdown Indicators

	SJNK	MYHA	Difference
Max Drawdown Largest peak-to-trough decline	-19.74%	-0.69%	-19.05%
Max Drawdown (1Y) Largest decline over 1 year	-1.73%	—	—
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	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.62%	-0.10%	-1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.41%	—	—

Volatility

Volatility by Period

	SJNK	MYHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.24%	1.72%	+1.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.84%	1.72%	+4.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.44%	1.72%	+4.72%

SJNK vs. MYHA - Expense Ratio Comparison

SJNK has a 0.40% expense ratio, which is higher than MYHA's 0.39% expense ratio.

Dividends

SJNK vs. MYHA - Dividend Comparison

SJNK's dividend yield for the trailing twelve months is around 7.00%, more than MYHA's 2.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MYHA State Street My2027 High Yield Corporate Bond ETF	2.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SJNK SPDR Bloomberg Short Term High Yield Bond ETF	7.00%	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

Can I hold both SJNK and MYHA in my portfolio?

SJNK and MYHA have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SJNK or MYHA?

On fees, MYHA is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SJNK or MYHA?

MYHA is cheaper with a 0.39% expense ratio, compared with 0.40% for SJNK.

Which ETF pays a higher dividend yield, SJNK or MYHA?

SJNK has the higher dividend yield at 7.00%, compared with 2.53% for MYHA.

What is the main difference between SJNK and MYHA?

Their fees differ too: 0.40% for SJNK and 0.39% for MYHA.