State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF vs Xylem, Inc. — how do they compare? State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9, while Xylem, Inc. trades at $120.79 (market cap $28.67B). The key difference: Xylem, Inc. pays a 1.43% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and Xylem, 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 | XYL | |
|---|---|---|
Sector | Sector/Thematic | Industrials |
52-Week High | $25.63 | $152.95 |
52-Week Low | $24.75 | $106.34 |
Market Cap | — | $28.67B |
Enterprise Value | — | $29.92B |
Dividend Yield | — | 1.43% |
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 →Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $6.2 billion in revenue and $611 million in adjusted operating income in 2021.
Read more on XYL →