SJNK vs. RGHYX
Compare and contrast key facts about SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) and RBC BlueBay High Yield Bond Fund (RGHYX).
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. RGHYX is managed by RBC Global Asset Management.. It was launched on Nov 30, 2011.
Performance
SJNK vs. RGHYX - Performance Comparison
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SJNK vs. RGHYX - 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% |
RGHYX RBC BlueBay High Yield Bond Fund | -0.88% | 9.02% | 7.14% | 12.88% | -8.48% | 3.72% | 9.65% | 15.83% | -0.73% | 6.72% |
Returns By Period
In the year-to-date period, SJNK achieves a 0.18% return, which is significantly higher than RGHYX's -0.88% return. Both investments have delivered pretty close results over the past 10 years, with SJNK having a 5.89% annualized return and RGHYX not far ahead at 6.07%.
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%
RGHYX
- 1D
- 0.51%
- 1M
- -1.41%
- YTD
- -0.88%
- 6M
- 0.41%
- 1Y
- 6.94%
- 3Y*
- 8.22%
- 5Y*
- 4.31%
- 10Y*
- 6.07%
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SJNK vs. RGHYX - Expense Ratio Comparison
SJNK has a 0.40% expense ratio, which is lower than RGHYX's 0.57% expense ratio.
Return for Risk
SJNK vs. RGHYX — Risk / Return Rank
SJNK
RGHYX
SJNK vs. RGHYX - 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 RBC BlueBay High Yield Bond Fund (RGHYX). 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 | RGHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | 2.15 | -0.87 |
Sortino ratioReturn per unit of downside risk | 1.89 | 2.87 | -0.98 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.52 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.16 | -0.39 |
Martin ratioReturn relative to average drawdown | 10.12 | 9.13 | +1.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SJNK | RGHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 2.15 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 1.00 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.91 | 1.30 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 1.41 | -0.62 |
Correlation
The correlation between SJNK and RGHYX is 0.58, 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. RGHYX - Dividend Comparison
SJNK's dividend yield for the trailing twelve months is around 7.12%, more than RGHYX's 6.09% 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% |
RGHYX RBC BlueBay High Yield Bond Fund | 6.09% | 6.68% | 6.91% | 6.22% | 6.04% | 5.29% | 5.54% | 4.88% | 6.79% | 3.88% | 4.44% | 4.38% |
Drawdowns
SJNK vs. RGHYX - Drawdown Comparison
The maximum SJNK drawdown since its inception was -19.74%, which is greater than RGHYX's maximum drawdown of -17.38%. Use the drawdown chart below to compare losses from any high point for SJNK and RGHYX.
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Drawdown Indicators
| SJNK | RGHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.74% | -17.38% | -2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -3.07% | +0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -10.18% | -12.79% | +2.61% |
Max Drawdown (10Y)Largest decline over 10 years | -19.74% | -17.38% | -2.36% |
Current DrawdownCurrent decline from peak | -0.41% | -2.05% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -1.65% | -1.49% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 0.73% | -0.06% |
Volatility
SJNK vs. RGHYX - Volatility Comparison
SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) has a higher volatility of 1.81% compared to RBC BlueBay High Yield Bond Fund (RGHYX) at 1.35%. This indicates that SJNK's price experiences larger fluctuations and is considered to be riskier than RGHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SJNK | RGHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.81% | 1.35% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 1.89% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.22% | 3.33% | +1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.80% | 4.35% | +1.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.49% | 4.67% | +1.82% |