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GTOQ vs JNK

Invesco High Yield Systematic Bond ETF vs State Street SPDR Bloomberg High Yield Bond ETF

GTOQ

Invesco High Yield Systematic Bond ETF

Invesco

Annual cost

0.39%

Fund size

$162M

JNK

State Street SPDR Bloomberg High Yield Bond ETF

State Street Investment Management

Annual cost

0.40%

Fund size

$7.3B

Key differences

  • JNK is significantly larger than GTOQ — larger funds tend to be more liquid and less likely to close.
  • GTOQ is classified as alternative, while JNK is fixed income — different risk/return profiles.
  • GTOQ follows a multi strategy strategy; JNK uses index tracking.
  • JNK has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOQJNK
Annual cost (TER)0.39%0.40%
Fund size (AUM)$162M$7.3B
Since20202007
Dividend yield6.92%6.59%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+8.0%+8.2%
CAGR 3Y+9.3%+8.9%
CAGR 5Y+4.0%+3.8%
Sharpe 3Y1.130.96
Volatility 1Y3.76%3.85%
Max drawdown-15.96%-22.89%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to GTOQ and JNK