SPMB vs JNK

Comparison between SPDR(R) PORTFOLIO MORTGAGE BACKED BOND ETF (SPMB, ETF) and SPDR(R) BLOOMBERG HIGH YIELD BOND ETF (JNK, ETF).

5-Year PerformanceJNK has outperformed SPMB, delivering a return of +3.7% compared to +0.4%

SPMB vs JNK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPMB(ETF)	JNK(ETF)
Net Assets	$6.90B	$7B
Expense Ratio	0.04%	0.40%
Max Drawdown	28.46%	46.21%
Sharpe Ratio	0.64	1.29
5Y Beta	0.03	0.24
5Y Dividends CAGR	5.28%	5.24%

Net Assets

SPMB

$6.90B

Winner

JNK

$7B

Expense Ratio

Winner

SPMB

0.04%

JNK

0.40%

Max Drawdown

Winner

SPMB

28.46%

JNK

46.21%

Sharpe Ratio

SPMB

0.64

Winner

JNK

1.29

5Y Beta

Winner

SPMB

0.03

JNK

0.24

5Y Dividends CAGR

Winner

SPMB

5.28%

JNK

5.24%

SPMB vs JNK - Historical Returns

Returns include dividend reinvestment.

Period	SPMB	JNK
1 month	+0.09%	+0.59%
3 months	+0.27%	+0.58%
6 months	+1.63%	+3.05%
1 year	+7.05%	+9.05%
5 years(CAGR)	+0.36%	+3.75%
10 years(CAGR)	+1.28%	+5.20%
Max(CAGR)	+2.35%	+4.98%

SPMB

+0.09%

Winner

JNK

+0.59%

SPMB

+0.27%

Winner

JNK

+0.58%

SPMB

+1.63%

Winner

JNK

+3.05%

SPMB

+7.05%

Winner

JNK

+9.05%

5Y(CAGR)

SPMB

+0.36%

Winner

JNK

+3.75%

10Y(CAGR)

SPMB

+1.28%

Winner

JNK

+5.20%

Max(CAGR)

SPMB

+2.35%

Winner

JNK

+4.98%

SPMB vs JNK - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SPMB	JNK
2026	+1.21%	+1.48%
2025	+8.33%	+8.44%
2024	+1.95%	+8.04%
2023	+4.47%	+12.19%
2022	-11.74%	-12.15%
2021	-1.46%	+4.25%
2020	+3.99%	+4.53%
2019	+5.91%	+15.02%
2018	+1.08%	-3.38%
2017	+2.02%	+5.96%
2016	+1.15%	+15.00%
2015	+2.04%	-6.94%
2014	+5.77%	+0.85%
2013	-2.04%	+5.04%
2012	+2.08%	+12.84%
2011	+6.23%	+4.70%
2010	+5.17%	+12.72%
2009	+5.27%	+39.70%
2008	N/A	-24.89%
2007	N/A	+0.69%

SPMB vs JNK Drawdown Comparison

The maximum drawdown for SPMB was -18.03%, occurring on Oct 19, 2023. Recovery took 1240 trading sessions.

The maximum drawdown for JNK was -38.51%, occurring on Nov 21, 2008. Recovery took 456 trading sessions.

The current SPMB drawdown is -1.01%. The current JNK drawdown is -0.03%.

Rank	SPMB	JNK
#1	-18.03% Feb 2, 2021 - Jan 9, 2026	-38.51% Jan 2, 2008 - Oct 22, 2009
#2	-12.60% Mar 6, 2020 - Mar 30, 2020	-22.90% Feb 20, 2020 - Nov 4, 2020
#3	-5.04% Nov 5, 2009 - Jun 14, 2010	-16.95% Sep 2, 2014 - Aug 29, 2016
#4	-4.95% Sep 11, 2009 - Nov 5, 2009	-16.68% Dec 27, 2021 - Mar 20, 2024
#5	-4.53% Sep 26, 2012 - May 1, 2014	-10.93% Jul 21, 2011 - Jan 18, 2012
#6	-4.43% May 18, 2009 - Sep 11, 2009	-8.74% May 3, 2010 - Jul 23, 2010
#7	-3.93% Sep 29, 2016 - Dec 19, 2018	-7.26% May 8, 2013 - Nov 29, 2013
#8	-2.99% Nov 3, 2010 - Mar 16, 2011	-7.10% Oct 1, 2018 - Feb 5, 2019
#9	-2.59% Feb 27, 2026 - Mar 26, 2026	-6.48% Jan 8, 2010 - Mar 9, 2010
#10	-2.23% Apr 9, 2009 - May 18, 2009	-5.02% Feb 28, 2025 - May 12, 2025
#11	-2.00% Apr 14, 2015 - Sep 18, 2015	-4.60% May 2, 2012 - Jun 29, 2012
#12	-1.64% Sep 14, 2011 - Jan 13, 2012	-4.55% May 31, 2011 - Jul 7, 2011
#13	-1.64% Feb 13, 2009 - Mar 13, 2009	-4.23% Oct 24, 2016 - Dec 13, 2016
#14	-1.27% Oct 2, 2015 - Jan 13, 2016	-3.90% Nov 4, 2010 - Jan 5, 2011
#15	-1.22% Jun 8, 2011 - Aug 2, 2011	-3.22% Jan 5, 2018 - Aug 6, 2018

Correlation

Correlation between SPMB and JNK is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2007 - 2026)

SPMB vs JNK dividend yield comparison.

Year	SPMB	JNK
2026	1.26%	2.21%
2025	3.98%	6.54%
2024	3.76%	6.63%
2023	3.21%	6.38%
2022	2.98%	6.06%
2021	2.59%	4.27%
2020	2.95%	5.12%
2019	3.24%	5.44%
2018	3.36%	5.90%
2017	3.13%	5.60%
2016	2.99%	6.06%
2015	3.05%	6.59%
2014	3.54%	5.99%
2013	0.97%	6.05%
2012	2.42%	6.75%
2011	3.88%	8.39%
2010	4.17%	10.89%
2009	3.53%	12.15%
2008	0.00%	12.89%
2007	0.00%	0.74%