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GTOQ vs SJNK

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

GTOQ

Invesco High Yield Systematic Bond ETF

Invesco

Annual cost

0.39%

Fund size

$162M

SJNK

State Street SPDR Bloomberg Short Term High Yield Bond ETF

State Street Investment Management

Annual cost

0.40%

Fund size

$4.8B

Key differences

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

Side-by-side comparison

GTOQSJNK
Annual cost (TER)0.39%0.40%
Fund size (AUM)$162M$4.8B
Since20202012
Dividend yield6.92%7.06%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+8.0%+7.3%
CAGR 3Y+9.3%+8.5%
CAGR 5Y+4.0%+4.9%
Sharpe 3Y1.131.06
Volatility 1Y3.76%3.22%
Max drawdown-15.96%-19.74%

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

Similar to GTOQ and SJNK