Medtronic PLC vs State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF — how do they compare? Medtronic PLC trades at $82.79 (market cap $106.61B), while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9. The key difference: Medtronic PLC pays a 3.46% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and Medtronic PLC is trading nearer its 52-week high, State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF nearer its low. Which is the better fit depends on your goals.
| MDT | SJNK | |
|---|---|---|
Market Cap | $106.61B | — |
Sector | Health | Sector/Thematic |
52-Week High | $105.35 | $25.63 |
52-Week Low | $73.75 | $24.75 |
Enterprise Value | $125.36B | — |
Dividend Yield | 3.46% | — |
Trailing returns across standard periods
Latest headlines on both assets
One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for almost 50% of the company's total sales.
Read more on MDT →SJNK invests in U.S. dollar-denominated high-yield corporate bonds with short-term maturities (under five years). It offers higher yields than investment-grade funds but with less interest rate sensitivity than longer-term junk bond ETFs.
Read more on SJNK →