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  • ETF
  • SJNK
    Pricing Data
    $26.68
    Change: $0.36 (-0.01%)
    Time: 06/25/16
    Previous Close: $27.04
  • Category
  • High Yield Bonds
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $23.91
  • 52 Week Hi: $27.85
  • AUM: $3,105.0 M
  • Shares: 115.6 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 1,883,961
  • 3 Month Avg. Volume: 1,290,094

Alternative ETFs in the High Yield Bonds Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF offers targeted exposure to a corner of the bond market that features a significant amount of credit risk but very little interest rate risk. As such, SJNK might not be all that useful in a long-term portfolio but can be used as a tactical tool to fine tune fixed income exposure quite nicely. This ETF becomes particularly useful for investors looking to enhance current returns but concerned about the impact of rising interest rates on bond valuations. The focus on lower quality bonds delivers a significant amount of credit risk (and, therefore, the associated returns) while the focus on the short end of the maturity spectrum limits the sensitivity to changes in interest rates. Most of the other ETFs in the High Yield Bonds ETFdb Category focus on longer-term debt, and as such may be more sensitive to changes in interest rate risk. SJNK can be expected to deliver lower yields than broad-based funds such as HYG and JNK, but could perform better when rates climb or when the longer-term economic forecast deteriorates. For investors looking to beef up current returns, SJNK is yet another tool in the toolbox.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for SJNK on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the High Yield Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

SJNK Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A JNK
Expenses A- SHYG
Performance
Volatility
Dividend
Concentration

Knowledge Centers

SJNK In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

SJNK Holdings

Filings Data as of: Jun 02, 2016
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Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.

Number of Holdings
Rank:
740
Category Low
Category High
% Assets in Top 10
Rank:
5.48%
Category Low
Category High

Asset Allocation

Asset Percentage
U.S. Stocks 0.01%
International Stocks 0.0%
U.S. Bonds 69.67%
International Bonds 20.97%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 8.96%
Other 0.4%

Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

Bond Detailed Sector Breakdown

Bond Sector Percentage
Corporate Bond 87.99%
Cash And Equivalents 8.96%
Government 1.33%
Convertible 0.93%
Commercial Mortgage Backed 0.3%
Asset Backed 0.09%
Agency Mortgage Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Covered Bond 0.0%
Preferred 0.0%
Sector Swap 0.0%
Future Forward 0.0%
Bank Loan 0.0%
US Municipal Tax Advantaged 0.0%
Municipal Taxable 0.0%
Government Related 0.0%
Option Warrant 0.0%

Coupon Breakdown

Coupon Range Percentage
0% to 1% 0.67%
1% to 2% 0.27%
2% to 3% 1.77%
3% to 4% 3.55%
4% to 5% 12.51%
5% to 6% 16.58%
6% to 7% 19.72%
7% to 8% 15.7%
8% to 9% 11.97%
9% to 10% 5.1%
Greater Than 10% 2.81%

Credit Quality

Credit Percentage
AAA 0.0%
AA 0.0%
A 0.0%
BBB 2.07%
BB 46.7%
B 35.77%
Below B 15.16%
Not Rated 0.21%

Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 31.93%
3-5 Years 55.38%
5-7 Years 2.05%
7-10 Years 0.75%
10-15 Years 0.53%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%

SJNK Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
0.578%
ETF Wtd. Average
0.26%
Category Average
0.52%
Expense Ratio
Rank:
0.40%
Category Low
Category High

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 18 other ETFs in the High Yield Bonds ETFdb Category that are also eligible for commission free trading:

SJNK Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Rank:
0.08%
Category Low
Category High
4 Week Return
Rank:
-0.11%
Category Low
Category High
13 Week Return
Rank:
3.53%
Category Low
Category High
26 Week Return
Rank:
5.07%
Category Low
Category High
Year to Date Return
Rank:
4.83%
Category Low
Category High
1 Year Return
Rank:
-4.10%
Category Low
Category High
3 Year Return
Rank:
3.55%
Category Low
Category High
5 Year Return
Rank:
No Ranking Available
Category Low
Category High

Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of SJNK relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

SJNK Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Rank:
No Ranking Available
Category Low
Category High

As of Jun 23 2016

SJNK Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend
$0.13
Dividend Date
2016-03-01
Annual Dividend Rate
$1.13
Annual Dividend Yield
Rank:
4.22%
Category Low
Category High

As of Jun 23, 2016

SJNK Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Rank:
50.24%
Category Low
Category High
20 Day Volatility
Rank:
6.52%
Category Low
Category High
50 Day Volatility
Rank:
4.99%
Category Low
Category High
200 Day Volatility
Rank:
6.27%
Category Low
Category High
Beta
Rank:
-0.39
Category Low
Category High
Standard Deviation
Rank:
0.86%
Category Low
Category High

Technicals

  • 20 Day MA: $26.76
  • 60 Day MA: $26.46
  • MACD 15 Period: -0.11
  • MACD 100 Period: 0.73
  • Williams % Range 10 Day: 69.81
  • Williams % Range 20 Day: 69.81
  • RSI 10 Day: 46
  • RSI 20 Day: 53
  • RSI 30 Day: 55
  • Ultimate Oscillator: 53

Bollinger Brands

  • Lower Bollinger (10 Day): $26.53
  • Upper Bollinger (10 Day): $26.98
  • Lower Bollinger (20 Day): $26.53
  • Upper Bollinger (20 Day): $26.98
  • Lower Bollinger (30 Day): $26.40
  • Upper Bollinger (30 Day): $26.98

Support & Resistance

  • Support Level 1: $26.53
  • Support Level 2: $26.37
  • Resistance Level 1: $26.83
  • Resistance Level 2: $26.97

Stochastic

  • Stochastic Oscillator %D (1 Day): 60.00
  • Stochastic Oscillator %D (5 Day): 63.68
  • Stochastic Oscillator %K (1 Day): 54.02
  • Stochastic Oscillator %K (5 Day): 63.51

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.