State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF vs Warner Music Group Corp — how do they compare? State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9, while Warner Music Group Corp trades at $28.2 (market cap $14.64B). The key difference: Warner Music Group Corp pays a 2.71% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and Warner Music Group 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 | WMG | |
|---|---|---|
Sector | Sector/Thematic | Media |
52-Week High | $25.63 | $34.72 |
52-Week Low | $24.75 | $23.65 |
Market Cap | — | $14.64B |
Enterprise Value | — | $18.84B |
Dividend Yield | — | 2.71% |
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 →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →