SJNK vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricSJNKVTIWinner
Expense Ratio0.40%0.03%
AUM$4.9B$663.5B
Dividend Yield7.00%1.07%
Holdings1,1723,543
YTD Return+1.68%+14.20%
1Y Return+4.52%+24.16%
3Y Return (annualized)+7.63%+21.12%
5Y Return (annualized)+4.86%+12.37%
Volatility (annualized)5.7%15.3%
Max Drawdown-30.6%-56.6%
Fund FamilyState Street Investment ManagementVanguard (US)
CategoryFixed IncomeEquity
InceptionMar 14, 2012May 24, 2001

SJNK vs VTI Performance

State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is a ETF from State Street Investment Management and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SJNK returned +4.52% while VTI returned +24.16%. Year to date, SJNK is up 1.68% versus a gain of 14.20% for VTI.

Over three years, SJNK compounded at +7.63% per year against +21.12% for VTI; over five years the annualized figures are +4.86% and +12.37% respectively. Across the full 14-year window we track, VTI has the edge at +8.14% annualized vs +1.09%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 5.7% for SJNK. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -30.6% for SJNK and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SJNK charges 0.40% per year while VTI charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, SJNK currently yields 7.00% against 1.07% for VTI.

Holdings Overlap

0.0%overlap

SJNK and VTI share 2 holdings out of 3839 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SJNKWeight in VTIDifference
THC0.18%0.02%0.16%
IHRT0.00%0.00%0.00%

Frequently Asked Questions

Which is cheaper, SJNK or VTI?

SJNK has an expense ratio of 0.40% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $37 per year of difference.

Which performed better, SJNK or VTI?

Over the past year SJNK returned +4.52% vs +24.16% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (14 years), SJNK annualized +1.09% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, SJNK or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 5.7% for SJNK. Worst drawdown: SJNK -30.6% vs VTI -56.6%.

Should I hold both SJNK and VTI?

SJNK and VTI have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SJNK and VTI?

SJNK and VTI share 2 common holdings with a 0.0% weight overlap. Combined, they hold 3839 unique securities.

Which pays a higher dividend, SJNK or VTI?

SJNK yields 7.00% while VTI yields 1.07%, so SJNK currently pays the higher dividend yield.

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