(SJNK) Bloomberg Short Term High - Overview
Etf: Bonds, High-Yield, Short-Term, Corporate
Dividends
| Dividend Yield | 7.68% |
| Yield on Cost 5y | 9.07% |
| Yield CAGR 5y | 12.07% |
| Payout Consistency | 94.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 2.97% |
| Relative Tail Risk | -1.94% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.40 |
| Alpha | 0.05 |
| Character TTM | |
|---|---|
| Beta | 0.229 |
| Beta Downside | 0.243 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.77% |
| CAGR/Max DD | 1.75 |
Description: SJNK Bloomberg Short Term High January 09, 2026
The SPDR® Bloomberg Short Term High Yield Bond ETF (SJNK) seeks to track an index that measures the performance of short-term, U.S. dollar-denominated high-yield corporate bonds. The fund invests at least 80% of its assets in securities that are either part of the index or have economic characteristics that are substantially identical to those index constituents.
Key metrics as of the latest filing: expense ratio ≈ 0.10%, weighted-average maturity ≈ 2.5 years, and average credit rating around BB-. The ETF’s performance is highly sensitive to the Federal Reserve’s short-term rate policy and to corporate default rates, which tend to rise in economic downturns-particularly in cyclical sectors such as energy and consumer discretionary.
For a deeper, data-driven look at SJNK’s risk-adjusted returns and sector exposures, consider reviewing the analytics available on ValueRay.
What is the price of SJNK shares?
Over the past week, the price has changed by -0.20%, over one month by -0.08%, over three months by +1.58% and over the past year by +6.16%.
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 | 28.9 | 14.7% |
SJNK Fundamental Data Overview February 03, 2026
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 = 5.35b USD (5.35b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 5.35b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 5.35b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
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 = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.76% (E(5.35b)/V(5.35b) * Re(6.76%) + (debt-free company))
Discount Rate = 6.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)