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Upturn AI SWOT - About
SPDR® Bloomberg High Yield Bond ETF (JNK)
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Upturn Advisory Summary
10/02/2025: JNK (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 15.59% | Avg. Invested days 84 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/02/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.87 | 52 Weeks Range 88.15 - 97.08 | Updated Date 06/29/2025 |
52 Weeks Range 88.15 - 97.08 | Updated Date 06/29/2025 |
Upturn AI SWOT
SPDR® Bloomberg High Yield Bond ETF
ETF Overview
Overview
The SPDRu00ae Bloomberg High Yield Bond ETF (JNK) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg High Yield Very Liquid Index. It primarily invests in U.S. dollar-denominated, fixed-rate, taxable corporate bonds considered high yield.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long history of managing ETFs.
Management Expertise
SSGA has a dedicated fixed income team with considerable experience in managing high yield bond portfolios.
Investment Objective
Goal
To provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg High Yield Very Liquid Index.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the Bloomberg High Yield Very Liquid Index.
Composition The ETF primarily holds U.S. dollar-denominated high yield corporate bonds.
Market Position
Market Share: JNK holds a significant market share in the high yield bond ETF segment.
Total Net Assets (AUM): 5860000000
Competitors
Key Competitors
- iShares iBoxx $ High Yield Corporate Bond ETF (HYG)
- VanEck High Yield Muni ETF (HYD)
- PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS)
Competitive Landscape
The high-yield bond ETF market is competitive, with JNK and HYG being the dominant players. JNK's advantage lies in its liquidity and relatively lower expense ratio compared to some competitors. However, other ETFs might offer different strategies or focus on specific segments of the high-yield market, creating niche advantages.
Financial Performance
Historical Performance: Past performance is not indicative of future results. Refer to fund factsheet for specific returns.
Benchmark Comparison: Performance should be compared to the Bloomberg High Yield Very Liquid Index.
Expense Ratio: 0.4
Liquidity
Average Trading Volume
JNK demonstrates high liquidity, reflected in its strong average daily trading volume.
Bid-Ask Spread
JNK generally has a tight bid-ask spread, minimizing trading costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, and credit spreads significantly impact JNK's performance. Risk appetite and investor sentiment also play a role.
Growth Trajectory
Growth trends depend on the high-yield bond market conditions, influenced by factors like corporate earnings and default rates. Changes in the index methodology could also affect holdings.
Moat and Competitive Advantages
Competitive Edge
JNK's competitive edge stems from its high liquidity, which makes it attractive to both institutional and retail investors. The ETF's large AUM and well-established brand name further enhance its appeal. Additionally, JNK's focus on the Bloomberg High Yield Very Liquid Index, known for its liquidity screening, can attract investors seeking easily tradable high yield exposure. SSGA's experienced management adds to the ETF's overall competitive profile.
Risk Analysis
Volatility
JNK exhibits moderate volatility, reflecting the inherent risks of high-yield bonds.
Market Risk
JNK is exposed to credit risk (default risk of the underlying bonds) and interest rate risk (bond prices fall when interest rates rise). Economic downturns can significantly impact the high-yield market.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking income and willing to accept a moderate level of risk in exchange for higher yields than investment-grade bonds. Investors should have a long-term investment horizon.
Market Risk
JNK is suitable for long-term investors seeking income and diversification, but active traders might also use it for tactical allocation.
Summary
SPDRu00ae Bloomberg High Yield Bond ETF (JNK) provides exposure to a diversified portfolio of high-yield corporate bonds and has high liquidity. The ETF's performance is closely tied to the high-yield bond market, making it susceptible to credit and interest rate risks. Its low expense ratio and liquidity make it an attractive option for income-seeking investors. However, its performance can be negatively affected by economic downturns.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA) Website
- Bloomberg
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR® Bloomberg High Yield Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of publicly issued U.S. dollar denominated high yield corporate bonds with above-average liquidity. -null-.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.