SPDR Bloomberg Short Term High Yield Bond ETF

SJNK

Market cap $4.88B

Overview Fund Activity

25.60 USD

+0.05

0.2%

At close Updated Sep 18, 2:01 PM EDT

1 day

0.2%

5 days

0.2%

1 month

0.79%

3 months

1.55%

6 months

1.59%

Year to date

1.19%

1 year

-0.12%

5 years

-1.46%

10 years

-7.08%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

56% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 32

3% more funds holding

Funds holding: 372 [Q1] → 384 (+12) [Q2]

2.06% more ownership

Funds ownership: 66.6% [Q1] → 68.67% (+2.06%) [Q2]

9% more repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 131

0% more funds holding in top 10

Funds holding in top 10: 25 [Q1] → 25 (+0) [Q2]

1% less call options, than puts

Call options by funds: $535K | Put options by funds: $540K

2% less capital invested

Capital invested by funds: $3.25B [Q1] → $3.19B (-$62M) [Q2]

See Fund Rankings

Financial journalist opinion

SJNK: High Yield Carry And Short Duration

SJNK offers high yield exposure with low interest rate sensitivity, focusing on short-term, below-investment-grade US corporate bonds. Current liquidity conditions are stable, so the ETF's main driver is carry, but rising auto loan delinquencies signal potential credit stress ahead. The fund's short duration limits rate risk but remains vulnerable to spread widening if consumer delinquencies persist or worsen.

SJNK: High Yield Carry And Short Duration

Bonds Rally On Weak Payrolls Data

The bond market looks increasingly focused on slowing economic growth vs. tariff inflation.

Bonds Rally On Weak Payrolls Data

SJNK: A Short Duration High Yield Bond Fund, 7.5% Yield

SJNK offers a more conservative approach to high-yield bonds, with shorter duration (2.2 years) and lower drawdowns than JNK during market stress. Despite tight credit spreads, SJNK's 7.5% yield and strong risk-adjusted returns make it attractive in a high risk-free rate environment. Historical performance shows SJNK outperforms JNK in down markets, with a shallower drawdown profile and better Sharpe ratio.

SJNK: A Short Duration High Yield Bond Fund, 7.5% Yield

Most U.S. Treasury Prices Slide Since 'Liberation Day'

In recent days, a new headwind is weighing on fixed income securities: a US government budget bill, which is expected to significantly raise an already hefty federal deficit in the years ahead. Long-term Treasuries are the biggest losers post-Liberation Day, based on a set of ETFs through yesterday's close (May 21).

Most U.S. Treasury Prices Slide Since 'Liberation Day'

Advisors Plan to Take on Credit — Not Duration — Risk

Advisors don't want to take on much interest rate risk. But many are willing to take on some credit risk.

Advisors Plan to Take on Credit — Not Duration — Risk

Zacks Investment Research

Wall Street in Correction: Tap High-Income ETFs

Tap high-income ETFs to stave off market volatility.

Wall Street in Correction: Tap High-Income ETFs

SJNK: Low-Volatility Junk Bond ETF

SPDR® Bloomberg Short Term High Yield Bond ETF (SJNK) aims to reduce risk by focusing on junk bonds with maturities under 5 years. SJNK is well-diversified across sectors and issuers, with a significant allocation to consumer cyclicals and industrials. Despite marginally outperforming a junk bond benchmark, SJNK has suffered significant value decay and underperformed "fallen angels" ETFs.

SJNK: Low-Volatility Junk Bond ETF

Finding The Sweetspot Across The Yield Curve At 7-9% Yields

Many investors oversimplify the investment process with respect to duration by thinking about the concept on a single spectrum. They also focus overly on today's yield rather than considering reinvestment risk as well as capital gains consequences. We discuss two of these investment process shortcomings and highlight a number of attractive holdings in the context of the current market environment.

Finding The Sweetspot Across The Yield Curve At 7-9% Yields

ETF Prime: Rosenbluth on Fixed Income Polling and More

On this week's episode of ETF Prime, host Nate Geraci was joined by VettaFi Head of Research Todd Rosenbluth to discuss polling results from VettaFi's Fixed Income Symposium. Afterward, Richard Kerr, Partner at K&L Gates, brought a legal analysis to multi-share class structure filings.

Taking on More Credit and Less Rate Risk

The largest high yield bond ETFs have been out of favor for much of 2024. However, many advisors recently told VettaFi they think the style will perform best going forward.

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