State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF vs United Microelectronics Corp — how do they compare? State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9, while United Microelectronics Corp trades at $21.12 (market cap $51.00B). The key difference: United Microelectronics Corp pays a 2.03% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and United Microelectronics 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.
| SJNK | UMC | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $25.63 | $28.02 |
52-Week Low | $24.75 | $6.58 |
Market Cap | — | $51.00B |
Enterprise Value | — | $48.57B |
Dividend Yield | — | 2.03% |
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 →Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2021, according to Gartner, after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
Read more on UMC →