(SJNK) Bloomberg Short Term High - Overview
ETF Category: High Yield Bond | Exchange: NYSE ARCA (USA) | Market Cap: 4.569m USD | Total Return: 10.7% in 12m
High Yield Bonds, Corporate Bonds, Short Term
Total Rating 42
Safety 69
Buy Signal -0.19
High Yield Bond
Category Rotation: +3.6
TER: 0.40%
TER: 0.40%
AUM:
4.57B
Avg Turnover: 132M USD
Avg Turnover: 132M USD
ATR:
0.50%
Peers RS (IBD): 25.0
Peers RS (IBD): 25.0
Risk 5d forecast
Volatility4.72%
Rel. Tail Risk-0.94%
Reward TTM
Sharpe Ratio0.71
Alpha0.10
Character TTM
Beta0.175
Beta Downside0.193
Drawdowns 3y
Max DD4.77%
CAGR/Max DD1.73
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: SJNK Bloomberg Short Term High
SJNK is an ETF that invests at least 80% of its assets in short-term, U.S. dollar-denominated high-yield corporate bonds. These bonds are issued by companies with lower credit ratings, typically below investment grade, offering higher yields to compensate for increased risk.
The funds strategy focuses on replicating the performance of an index composed of these short-term high-yield debt instruments. Short-term bonds generally have maturities of 1-5 years, which can reduce interest rate sensitivity compared to longer-duration bonds.
To further explore the underlying holdings and their credit profiles, consider using ValueRay.
- High yield bond default rates impact fund performance
- Interest rate changes affect short-term bond valuations
- Economic growth influences corporate credit risk
- Investor demand shifts alter high yield bond prices
What is the price of SJNK shares?
As of April 07, 2026, the stock is trading at USD 24.96 with a total of 4,460,820 shares traded.
Over the past week, the price has changed by +1.30%, over one month by +0.57%, over three months by -0.02% and over the past year by +10.70%.
Over the past week, the price has changed by +1.30%, over one month by +0.57%, over three months by -0.02% and over the past year by +10.70%.
Is SJNK a buy, sell or hold?
Bloomberg Short Term High has no consensus analysts rating.
What are the forecasts/targets for the SJNK price?
| Analysts Target Price | - | - |
External Resources