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PHYD vs JNK

Putnam ESG High Yield ETF vs State Street SPDR Bloomberg High Yield Bond ETF

PHYD

Putnam ESG High Yield ETF

Franklin Templeton Investments

Annual cost

0.55%

Fund size

$8M

JNK

State Street SPDR Bloomberg High Yield Bond ETF

State Street Investment Management

Annual cost

0.40%

Fund size

$7.3B

Key differences

  • JNK costs 0.15% less per year.
  • JNK is significantly larger than PHYD — larger funds tend to be more liquid and less likely to close.
  • PHYD follows a active selection strategy; JNK uses index tracking.
  • JNK has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PHYDJNK
Annual cost (TER)0.55%0.40%
Fund size (AUM)$8M$7.3B
Since20232007
Dividend yield8.54%6.59%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.1%+8.2%
CAGR 3Y+9.1%+8.9%
CAGR 5YN/A+3.8%
Sharpe 3Y1.200.96
Volatility 1Y3.30%3.85%
Max drawdown-4.33%-22.89%

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

Similar to PHYD and JNK