JNK vs USHY
State Street SPDR Bloomberg High Yield Bond ETF vs iShares Broad USD High Yield Corporate Bond ETF
Last updated: 2026-04-10
State Street SPDR Bloomberg High Yield Bond ETF (JNK) is an exchange-traded fund issued by SPDR that provides exposure to below-investment-grade U.S. corporate bonds offering higher yields. It charges an above-average expense ratio of 0.40%. The fund offers a high dividend yield of 6.60%. Launched in 2007, the fund has a 19-year track record.
iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund issued by iShares that provides exposure to below-investment-grade U.S. corporate bonds offering higher yields. It charges a low expense ratio of 0.08%. The fund offers a high dividend yield of 6.88%. Launched in 2017, the fund has a 9-year track record.
Quick Verdict
USHY is significantly cheaper at 0.08% vs 0.40% expense ratio, saving you approximately $627 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (4.6% vs 4.1%), tracking closely.
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Which One Should You Choose?
Choose USHY if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Either works if...
you just need broad us high yield bond exposure. Both are solid options — pick whichever your brokerage offers commission-free.