MPLX LP vs State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9. The key difference: MPLX LP pays a 7.54% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and MPLX LP 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.
| MPLX | SJNK | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | Sector/Thematic |
52-Week High | $59.17 | $25.63 |
52-Week Low | $47.80 | $24.75 |
Enterprise Value | $82.60B | — |
Dividend Yield | 7.54% | — |
Trailing returns across standard periods
Latest headlines on both assets
MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →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 →