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PHYL vs JNK

PGIM Active High Yield Bond ETF vs State Street SPDR Bloomberg High Yield Bond ETF

PHYL

PGIM Active High Yield Bond ETF

Annual cost

0.39%

Fund size

$1.3B

JNK

State Street SPDR Bloomberg High Yield Bond ETF

Annual cost

0.40%

Fund size

$7.3B

Key differences

  • JNK is significantly larger than PHYL — larger funds tend to be more liquid and less likely to close.
  • PHYL 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

PHYLJNK
Annual cost (TER)0.39%0.40%
Fund size (AUM)$1.3B$7.3B
Since20182007
Dividend yield7.71%6.59%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+8.3%+8.0%
CAGR 3Y+9.5%+9.1%
CAGR 5Y+4.3%+3.9%
Sharpe 3Y1.210.99
Volatility 1Y3.26%3.81%
Max drawdown-22.07%-22.89%

Similar to PHYL and JNK