ETF Versus

JNK vs XLE

State Street SPDR Bloomberg High Yield Bond ETF vs State Street Energy Select Sector SPDR ETF

Last updated: 2026-04-10

JNK SPDR

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.

AUM: $6.9B ER: 0.40% Yield: 6.60% Since: Nov 28, 2007
XLE SPDR

State Street Energy Select Sector SPDR ETF (XLE) is an exchange-traded fund issued by SPDR that provides exposure to us sector - energy securities. It charges a low expense ratio of 0.08%. The fund offers an attractive dividend yield of 2.62%. Launched in 1998, the fund has a 28-year track record.

AUM: $40.6B ER: 0.08% Yield: 2.62% Since: Dec 16, 1998

Quick Verdict

XLE 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, XLE has significantly outperformed with a 47.9% return vs 4.6%. Income investors may prefer JNK for its higher yield (6.6% vs 2.6%).

Key Metrics

Metric JNK XLE
Expense Ratio 0.40% 0.08%
Dividend Yield 6.6% 2.6%
Fund Family SPDR SPDR
Category US High Yield Bond US Sector - Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

80 116 152 188 224 260 2021-04 2022-07 2023-10 2025-01 2026-04
JNK -11.4%
XLE +138.2%

Performance Comparison

Period JNK XLE Difference
1 Month +0.31% -0.09% +0.40%
3 Months -1.30% +22.85% -24.15%
6 Months -0.53% +31.81% -32.34%
YTD -0.85% +24.71% -25.56%
1 Year +4.60% +47.91% -43.31%
3 Years +4.83% +31.68% -26.85%
5 Years -11.39% +138.15% -149.54%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period JNK Fees XLE Fees You Save
$10,000 10 years $786 $159 $627
$10,000 20 years $3,334 $686 $2,648
$10,000 30 years $10,601 $2,212 $8,388
$50,000 10 years $3,932 $797 $3,135
$50,000 30 years $53,003 $11,061 $41,941
$100,000 30 years $106,005 $22,123 $83,882

Risk Metrics

Based on 5 years of daily returns

Metric JNK XLE
Annualized Volatility 7.7% 26.1%
Max Drawdown -20.6% -26.9%
Sharpe Ratio -0.86 0.63

Dividend Comparison

Metric JNK XLE
Annual Dividend (per share) $6.37 $1.49
Dividend Yield 6.61% 2.62%
Distribution Frequency Monthly Quarterly

Top Holdings

XLE Top Holdings

NameWeight
Exxon Mobil CorporationXOM23.09%
Chevron CorporationCVX17.03%
ConocoPhillipsCOP7.23%
SLB N.V.SLB4.33%
The Williams Companies, Inc.WMB4.30%
EOG Resources, Inc.EOG4.21%
Valero Energy CorporationVLO4.08%
Marathon Petroleum CorporationMPC3.82%
Phillips 66PSX3.78%
Kinder Morgan, Inc.KMI3.60%

Which One Should You Choose?

Choose XLE if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose XLE 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.

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