SJNK vs. OSTIX
Compare and contrast key facts about SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) and Osterweis Strategic Income Fund (OSTIX).
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. OSTIX is managed by Osterweis. It was launched on Aug 30, 2002.
Performance
SJNK vs. OSTIX - Performance Comparison
Loading graphics...
SJNK vs. OSTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF | 0.18% | 7.68% | 8.24% | 11.63% | -5.50% | 5.06% | 5.82% | 9.49% | -0.27% | 5.27% |
OSTIX Osterweis Strategic Income Fund | -0.26% | 4.04% | 8.03% | 12.29% | -5.94% | 5.48% | 9.01% | 5.36% | -0.66% | 6.00% |
Returns By Period
In the year-to-date period, SJNK achieves a 0.18% return, which is significantly higher than OSTIX's -0.26% return. Over the past 10 years, SJNK has outperformed OSTIX with an annualized return of 5.89%, while OSTIX has yielded a comparatively lower 5.24% annualized return.
SJNK
- 1D
- 0.20%
- 1M
- 0.13%
- YTD
- 0.18%
- 6M
- 1.22%
- 1Y
- 6.64%
- 3Y*
- 7.98%
- 5Y*
- 4.80%
- 10Y*
- 5.89%
OSTIX
- 1D
- 0.27%
- 1M
- -0.36%
- YTD
- -0.26%
- 6M
- 0.38%
- 1Y
- 4.42%
- 3Y*
- 7.08%
- 5Y*
- 4.28%
- 10Y*
- 5.24%
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. OSTIX - Expense Ratio Comparison
SJNK has a 0.40% expense ratio, which is lower than OSTIX's 0.84% expense ratio.
Return for Risk
SJNK vs. OSTIX — Risk / Return Rank
SJNK
OSTIX
SJNK vs. OSTIX - 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 Osterweis Strategic Income Fund (OSTIX). 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 | OSTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | 1.99 | -0.72 |
Sortino ratioReturn per unit of downside risk | 1.89 | 2.71 | -0.82 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.48 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.39 | -0.61 |
Martin ratioReturn relative to average drawdown | 10.12 | 10.81 | -0.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SJNK | OSTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 1.99 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 1.43 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.91 | 1.77 | -0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 2.33 | -1.54 |
Correlation
The correlation between SJNK and OSTIX is 0.52, 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. OSTIX - Dividend Comparison
SJNK's dividend yield for the trailing twelve months is around 7.12%, more than OSTIX's 4.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF | 7.12% | 7.12% | 7.47% | 7.20% | 5.85% | 4.21% | 5.34% | 5.64% | 5.69% | 5.64% | 5.65% | 5.81% |
OSTIX Osterweis Strategic Income Fund | 4.92% | 3.96% | 5.25% | 5.72% | 4.72% | 4.03% | 3.85% | 4.74% | 4.66% | 4.58% | 5.23% | 5.98% |
Drawdowns
SJNK vs. OSTIX - Drawdown Comparison
The maximum SJNK drawdown since its inception was -19.74%, which is greater than OSTIX's maximum drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for SJNK and OSTIX.
Loading graphics...
Drawdown Indicators
| SJNK | OSTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.74% | -10.06% | -9.68% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -1.42% | -1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -10.18% | -9.75% | -0.43% |
Max Drawdown (10Y)Largest decline over 10 years | -19.74% | -10.06% | -9.68% |
Current DrawdownCurrent decline from peak | -0.41% | -0.88% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -1.65% | -0.95% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 0.42% | +0.25% |
Volatility
SJNK vs. OSTIX - Volatility Comparison
SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) has a higher volatility of 1.81% compared to Osterweis Strategic Income Fund (OSTIX) at 1.00%. This indicates that SJNK's price experiences larger fluctuations and is considered to be riskier than OSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SJNK | OSTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.81% | 1.00% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 1.33% | +1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.22% | 2.23% | +2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.80% | 3.01% | +2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.49% | 2.96% | +3.53% |