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PHYL vs SJNK

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

PHYL

PGIM Active High Yield Bond ETF

Annual cost

0.39%

Fund size

$1.3B

SJNK

State Street SPDR Bloomberg Short Term High Yield Bond ETF

Annual cost

0.40%

Fund size

$4.8B

Key differences

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

Side-by-side comparison

PHYLSJNK
Annual cost (TER)0.39%0.40%
Fund size (AUM)$1.3B$4.8B
Since20182012
Dividend yield7.71%7.06%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+8.3%+7.0%
CAGR 3Y+9.5%+8.6%
CAGR 5Y+4.3%+5.0%
Sharpe 3Y1.211.07
Volatility 1Y3.26%3.20%
Max drawdown-22.07%-19.74%

Similar to PHYL and SJNK