State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF vs Utilities Select Sector SPDR Fund — how do they compare? State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9, while Utilities Select Sector SPDR Fund trades at $44.97. The key difference: Utilities Select Sector SPDR Fund 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 | XLU | |
|---|---|---|
Sector | Sector/Thematic | — |
52-Week High | $25.63 | $47.73 |
52-Week Low | $24.75 | $41.31 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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