State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF vs Wheaton Precious Metals Corp — how do they compare? State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9, while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Wheaton Precious Metals Corp pays a 0.75% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none. Which is the better fit depends on your goals.
| SJNK | WPM | |
|---|---|---|
Sector | Sector/Thematic | Basic Materials |
52-Week High | $25.63 | $165.72 |
52-Week Low | $24.75 | $91.00 |
Market Cap | — | $46.54B |
Enterprise Value | — | $44.39B |
Dividend Yield | — | 0.75% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →