NetApp Inc. vs State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF — how do they compare? NetApp Inc. trades at $166.94 (market cap $31.57B), while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9. The key difference: NetApp Inc. pays a 1.29% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and NetApp Inc. 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.
| NTAP | SJNK | |
|---|---|---|
Market Cap | $31.57B | — |
Sector | Technology | Sector/Thematic |
52-Week High | $181.08 | $25.63 |
52-Week Low | $94.11 | $24.75 |
Enterprise Value | $30.72B | — |
Dividend Yield | 1.29% | — |
Trailing returns across standard periods
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Read more on NTAP →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 →