JNK vs XLB
State Street SPDR Bloomberg High Yield Bond ETF vs State Street Materials Select Sector SPDR 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.
State Street Materials Select Sector SPDR ETF (XLB) is an exchange-traded fund issued by SPDR that provides exposure to us sector - materials securities. It charges a low expense ratio of 0.08%. The fund offers a moderate dividend yield of 1.68%. Launched in 1998, the fund has a 28-year track record.
Quick Verdict
XLB is significantly cheaper at 0.08% vs 0.40% expense ratio, saving you approximately $627 per $10,000 invested over 10 years. Over the past year, XLB has significantly outperformed with a 32.9% return vs 4.6%. Income investors may prefer JNK for its higher yield (6.6% vs 1.7%).
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
Top Holdings
XLB Top Holdings
| Name | Weight |
|---|---|
| Linde plcLIN | 14.06% |
| Newmont CorporationNEM | 7.76% |
| Freeport-McMoRan Inc.FCX | 5.63% |
| CRH plcCRH | 4.72% |
| Vulcan Materials CompanyVMC | 4.68% |
| The Sherwin-Williams CompanySHW | 4.66% |
| Air Products and Chemicals, Inc.APD | 4.60% |
| Corteva, Inc.CTVA | 4.60% |
| Nucor CorporationNUE | 4.57% |
| Martin Marietta Materials, Inc.MLM | 4.50% |
Which One Should You Choose?
Choose XLB if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose XLB if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose JNK if...
you prioritize dividend income and want higher regular distributions from your portfolio.