(SJNK) SPDR Bloomberg Short Term - Ratings and Ratios
Short-Term, High-Yield, Corporate, Bonds, USD
Description: SJNK SPDR Bloomberg Short Term
The SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is an exchange-traded fund that tracks a specific index, investing at least 80% of its assets in securities that comprise the index or have similar economic characteristics. The underlying index measures the performance of short-term, high-yield corporate bonds issued in U.S. dollars.
To evaluate SJNKs performance, key metrics to consider include its yield, duration, and credit quality. High-yield bonds typically offer higher yields to compensate for higher credit risk. SJNKs yield is likely to be higher than that of investment-grade bond ETFs, making it attractive to income-seeking investors. Its short-term duration reduces interest rate risk, but credit risk remains a concern.
From a portfolio perspective, SJNK can be used to enhance yield and diversify credit risk. Its correlation with other asset classes, such as equities and investment-grade bonds, is also important to consider. By analyzing SJNKs historical returns and correlations, investors can determine its potential role in a diversified portfolio.
Key Performance Indicators (KPIs) for SJNK include its expense ratio, tracking error, and average credit quality. A lower expense ratio and tracking error indicate more efficient management, while average credit quality provides insight into the ETFs credit risk. By examining these KPIs, investors can assess SJNKs potential to meet their investment objectives.
SJNK ETF Overview
| Market Cap in USD | 4,851m |
| Category | High Yield Bond |
| TER | 0.40% |
| IPO / Inception | 2012-03-14 |
SJNK ETF Ratings
| Growth Rating | 66.9% |
| Fundamental | - |
| Dividend Rating | 84.2% |
| Return 12m vs S&P 500 | -10.3% |
| Analyst Rating | - |
SJNK Dividends
| Dividend Yield 12m | 7.45% |
| Yield on Cost 5y | 9.83% |
| Annual Growth 5y | 5.54% |
| Payout Consistency | 95.1% |
| Payout Ratio | % |
SJNK Growth Ratios
| Growth Correlation 3m | 97.4% |
| Growth Correlation 12m | 87.6% |
| Growth Correlation 5y | 81.5% |
| CAGR 5y | 6.17% |
| CAGR/Max DD 5y | 0.61 |
| CAGR/Mean DD 5y | 14.21 |
| Sharpe Ratio 12m | 1.08 |
| Alpha | -10.01 |
| Beta | 0.894 |
| Volatility | 3.28% |
| Current Volume | 2231.9k |
| Average Volume 20d | 3058.9k |
| Stop Loss | 24.7 (-3.1%) |
| Signal | -0.31 |
What is the price of SJNK shares?
Over the past week, the price has changed by +0.55%, over one month by +1.20%, over three months by +3.26% and over the past year by +7.81%.
Is SPDR Bloomberg Short Term a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SJNK is around 25.68 USD . This means that SJNK is currently overvalued and has a potential downside of 0.71%.
Is SJNK a buy, sell or hold?
What are the forecasts/targets for the SJNK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 28.8 | 13.1% |
Last update: 2025-08-30 04:56
SJNK Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 0.49
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 4.85b USD (4.85b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 4.85b)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 4.85b / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(4.85b)/V(0.0) * Re(9.31%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 9.31% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for SJNK ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle