Rockwell Automation vs State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF — how do they compare? Rockwell Automation trades at $466.2 (market cap $51.04B), while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9. The key difference: Rockwell Automation pays a 1.2% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and Rockwell Automation 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.
| ROK | SJNK | |
|---|---|---|
Market Cap | $51.04B | — |
Sector | Industrials | Sector/Thematic |
52-Week High | $495.08 | $25.63 |
52-Week Low | $328.67 | $24.75 |
Enterprise Value | $54.67B | — |
Dividend Yield | 1.2% | — |
Trailing returns across standard periods
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with Schlumberger.
Read more on ROK →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 →