JNK - SPDR Bloomberg Barclays High Yield Bond ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
36.14
+0.03 (+0.08%)
At close: 4:00PM EDT
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Previous Close36.11
Open36.17
Bid36.00 x 47300
Ask36.14 x 1200
Day's Range36.09 - 36.17
52 Week Range32.92 - 36.23
Volume8,816,117
Avg. Volume13,904,348
Net Assets9.34B
NAV36.12
PE Ratio (TTM)N/A
Yield5.57%
YTD Return9.21%
Beta (3Y Monthly)0.34
Expense Ratio (net)0.40%
Inception Date2007-11-28
Trade prices are not sourced from all markets
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First Trust Preferred Securities and Income ETF (FPE)SEC Yield: 5.39% Expenses: 0.85%Investors wanting a diverse mix of holdings in a high-yield ETF should take a close look at First Trust Preferred Securities and Income (NYSEARCA:FPE).The first quality that sets FPE apart from most high-yield ETFs is that the fund is actively managed. While it makes the fund a bit more expensive than passively managed ETFs, the management team has put in a solid performance history with above-average returns.The portfolio assets include preferred and convertible securities, as well as corporate bonds and high-yield bonds. It makes it a solid addition for anyone looking for some high-yield ETFs to consider.As of this writing, Kent Thune did not personally hold a position in any of the aforementioned securities. Under no circumstances does this information represent a recommendation to buy or sell securities. 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Notably, some market observers see high-yield corporate bonds as pricey, which could signal the end of the current economic expansion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"That could be bad news, especially because the prices of risky assets like stocks and high-yield bonds tend to overrun fundamentals toward the end of economic expansions," according to Barron's. * 10 Smart Money Stocks to Buy Now For investors willing to take on some added risk in search of higher yields, here some junk bond ETFs to consider right now. Junk Bond ETFs: Xtrackers Low Beta High Yield Bond ETF (HYDW)Expense Ratio: 0.25% per year, or $25 on a $10,000 investment. Trailing-12-Month Yield: 4.3%The Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW), which tracks the Solactive USD High Yield Corporates Total Market Low Beta Index, is one of the junk bond ETFs that is ideal for investors looking to reduce some of the volatility associated with this asset class.The objective of this junk bond ETF is to target higher-quality issues with less beta relative to the broad high-yield corporate bond market. As such, HYDW features barely any exposure to highly speculative CCC-rated bonds. Over 97% of the fund's holdings are rated BB or B. In terms of lowering beta, this junk bond ETF does that with a beta of just 0.23.HYDW has a modified duration to worst of 3.6 years and a yield to worst of 5.85%. While lower beta junk bonds may yield less than traditional junk bonds, HYDW's trailing 12-month yield of 4.3% is still solid. Over the past year, HYDW's upside capture ratio is 70.32%. 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HYEM's effective duration is 3.5 years. * 7 Financial Stocks With Accelerating Growth "Emerging markets high yield corporate bonds have historically provided a yield advantage over their U.S. counterparts, though the relationship has inverted several times historically," according to VanEck. "The real and perceived additional risks associated with emerging markets, including political and liquidity risks, have generally led investors to demand a higher yield from an emerging market corporate bond versus a U.S. one, assuming all else equal (e.g., same industry and credit rating)." WisdomTree Fundamental U.S. Short-Term High Yield Corporate Bond Fund (SFHY)Expense Ratio: 0.38% TTM Yield: 5%An overlooked option in the junk bond ETF arena, the WisdomTree Fundamental U.S. Short-Term High Yield Corporate Bond Fund (NASDAQ:SFHY) has the dual advantages of lower duration and an emphasis on higher-quality debt.SFHY's underlying index, the WisdomTree Fundamental U.S. Short-term High Yield Corporate Bond Index, is designed to identify domestic high-yield corporate bonds with favorable fundamental and income traits."The HY corporate market, as represented by the Bloomberg Barclays U.S. Corporate High-Yield Index, experienced a bit of a whipsaw effect last year," said WisdomTree in a recent note. "The market saw positive, albeit modest, gains through the first three quarters of last year, as spreads remained low to flat. 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Nearly 29% of the fund's holdings are special tax or education bonds. Debt issued by municipalities in California and Illinois combine for over 23% of HYMB's roster. * 10 Hot Stocks Leading the Market's Blitz Higher HYMB has an option-adjust duration of 8.8 years, a 30-day SEC yield of 4.2% and a TTM yield of 4%. IQ S&P High Yield Low Volatility Bond ETF (HYLV)Expense Ratio: 0.4% TTM Yield: 4.2%The IQ S&P High Yield Low Volatility Bond ETF (NYSEARCA:HYLV) is just two years old, but in those two years, the fund has become one of the best junk bonds ETFs for investors looking to trim volatility. HYLV targets the S&P U.S. High Yield Low Volatility Corporate Bond Index.That index "is designed to measure the performance of U.S. high yield corporate bonds with potentially low volatility. The index is comprised of bonds from the S&P U.S. High Yield Corporate Bond Index and is a modified market value weighted index with a 3% cap on any single issuer," according to S&P Dow Jones. HYLV holds just over 400 funds with an effective duration of 4.24 years. As a volatility reducing strategy, this junk bond ETF's holdings are on the higher end of the high-yield ratings spectrum as about 84% of the fund's holdings are rated BB+, BB or BB-. At the end of last year, HYLV had a 30-day SEC yield of 5.6%.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Cheap Stocks to Buy Right Now * 5 Stocks Under $5 to Buy Before They Soar * 5 Consumer Stocks to Cash Out Of Compare Brokers The post 5 Junk Bond ETFs That Could Shine appeared first on InvestorPlace.

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