State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF vs Simon Property Group Inc — how do they compare? State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9, while Simon Property Group Inc trades at $227 (market cap $74.00B). The key difference: Simon Property Group Inc pays a 3.86% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and Simon Property Group 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.
| SJNK | SPG | |
|---|---|---|
Sector | Sector/Thematic | Real Estate |
52-Week High | $25.63 | $228.70 |
52-Week Low | $24.75 | $160.68 |
Market Cap | — | $74.00B |
Enterprise Value | — | $102.48B |
Dividend Yield | — | 3.86% |
Trailing returns across standard periods
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 →Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →