Nokia Corp vs State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF — how do they compare? Nokia Corp trades at $10.94 (market cap $56.70B), while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9. The key difference: Nokia Corp pays a 1.63% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and Nokia Corp 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.
| NOK | SJNK | |
|---|---|---|
Market Cap | $56.70B | — |
Sector | Technology | Sector/Thematic |
52-Week High | $16.83 | $25.63 |
52-Week Low | $4.05 | $24.75 |
Enterprise Value | $53.51B | — |
Dividend Yield | 1.63% | — |
Trailing returns across standard periods
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
Read more on NOK →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 →