|Category||Nontraditional Bond||High Yield Bond|
|Family||ProShares||State Street Global Advisors|
|Management Style||passive (index-based)||passive (index-based)|
|Underlying Index||Citi High Yield (Treasury Rate-Hedged) Index||Bloomberg Barclays High Yield Very Liquid Index|
ProShares Trust - ProShares High Yield - Interest Rate Hedged is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in fixed income markets of the United States and Canada region. The fund invests directly and through derivatives in U.S. dollar denominated high yield corporate bonds and U.S. treasury notes or bonds with a maximum rating of Ba1 by Moody’s and BB+ by S&P. It employs long/short strategy and uses derivatives such as futures to create its portfolio. The fund seeks to track the performance of the FTSE High Yield (Treasury Rate-Hedged) Index. ProShares Trust - ProShares High Yield - Interest Rate Hedged was formed on May 21, 2013 and is domiciled in the United States.
HYHG performance & returns
Top 10 Holdings (91.91% of Total Assets)
HYHG prosNone that we could think of.
HYHG consNone that we could think of.
Other relevant HYHG comparisons
You may also want to check out the following HYHG comparisons that investors often look for on Finny
- HYHG vs ANGL
- HYHG vs FALN
- HYHG vs HYG
- HYHG vs HYGH
- HYHG vs HYIH
- HYHG vs HYLB
- HYHG vs HYLD
- HYHG vs HYXE
- HYHG vs JNK
- HYHG vs PHB
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. It invests in the fixed income markets of the United States. The fund invests in fixed-rate U.S. dollar denominated corporate bonds issued by industrial, utility, and financial companies and have a remaining maturity of at least one year but not more than 15 years. It invests in the high yield securities that are rated as BB+ or below by S&P or Fitch Inc., or Ba1 or below by Moody’s. The fund seeks to track the performance of the Bloomberg High Yield Very Liquid Index, by using representative sampling technique. SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF was formed on November 28, 2007 and is domiciled in the United States.
JNK performance & returns
Top 10 Holdings (3.60% of Total Assets)
|TransDigm, Inc. 6.25%||N/A||0.49%|
|Mozart Debt Merger Subordinated Inc. 3.875%||N/A||0.42%|
|Caesars Entertainment Inc New 6.25%||N/A||0.37%|
|Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875%||N/A||0.37%|
|Centene Corporation 4.625%||N/A||0.36%|
|AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5%||N/A||0.35%|
|Centene Corporation 4.62%||N/A||0.34%|
|AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75%||N/A||0.30%|
|Carnival Corporation 5.75%||N/A||0.30%|
|Intelsat Jackson Holdings, Ltd. 6.5%||N/A||0.30%|
The following are JNK strengths from our perspective:
- JNK 3-year return is 0.77%, which is higher than the 3-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), -1.07%.
- JNK 5-year return is 1.96%, which is higher than the 5-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 0.54%.
- JNK 10-year return is 2.84%, which is higher than the 10-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 1.41%.
The following are JNK weaknesses from our perspective:
- JNK net assets are $0.00 million. This fund is not a popular choice with retail investors.
Other relevant JNK comparisons
You may also want to check out the following JNK comparisons that investors often look for on Finny
- JNK vs HYG
- JNK vs SPHY
- JNK vs ANGL
- JNK vs FALN
- JNK vs HYGH
- JNK vs HYHG
- JNK vs HYIH
- JNK vs HYLB
- JNK vs HYLD
- JNK vs HYXE
- JNK vs PHB