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JNK vs SPBO

State Street SPDR Bloomberg High Yield Bond ETF vs State Street SPDR Portfolio Corporate Bond ETF

JNK

State Street SPDR Bloomberg High Yield Bond ETF

State Street Investment Management

Annual cost

0.40%

Fund size

$7.3B

SPBO

State Street SPDR Portfolio Corporate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$2.0B

Key differences

  • SPBO costs 0.37% less per year.
  • JNK is significantly larger than SPBO — larger funds tend to be more liquid and less likely to close.
  • JNK covers north america markets; SPBO covers global.
  • Over the last 3 years, JNK has delivered higher annualized returns.

Side-by-side comparison

JNKSPBO
Annual cost (TER)0.40%0.03%
Fund size (AUM)$7.3B$2.0B
Since20072011
Dividend yield6.59%5.12%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+8.2%+7.2%
CAGR 3Y+8.9%+5.7%
CAGR 5Y+3.8%+0.9%
Sharpe 3Y0.960.36
Volatility 1Y3.85%4.45%
Max drawdown-22.89%-22.04%

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

Similar to JNK and SPBO