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FLHY vs SJNK: Differences, Returns & Fees

On Jun 30, 2026 FLHY's duration was 3.1 years and SJNK's 2.3; both charge 0.40%. Net assets on Oct 20, 2026: $1.2bn for Franklin High Yield Corporate ETF and $4.4bn for State Street SPDR Bloomberg Short Term High Yield Bond ETF.

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Ask IQ about FLHY and SJNK

Answers cite the figures on this page.

Both cost 0.40% a year; their one-year returns differ by 0.8 points; SJNK is 3.6 times larger.

Points (pts) are percentage points.

FLHY vs SJNK: Differences, Returns & Fees
FLHYSJNK
Expense ratio0.40%0.40%
Net assets$1.2bn$4.4bn
Total return, 1 year+2.0%+1.2%
What it tracksNo index, actively managedBloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index
Holdings in common13%

Holdings in common uses holdings dated Jun 30, 2026.

+2.0%
FLHY total return, 1 year
+1.2%
SJNK total return, 1 year
0.40%
FLHY expense ratio
0.40%
SJNK expense ratio

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Client brief · page 1 of 2Report BR-0D8049C1EC

FLHY and SJNK are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FLHY follows No index, actively managed and SJNK follows Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index.
  2. Holdings in common. 13% of the weight is in the same securities (holdings dated Jun 30, 2026).
  3. Number of holdings. FLHY holds 289 positions and SJNK holds 1121.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, FLHY and SJNK hold 13% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

half

13% in common

Positions both hold, largest shared weight first
Holding FLHY SJNK
VENLNG 9.5 02/01/29 144A, due Feb 1, 2029 0.59% 0.44%
TRACTD 6.5 05/01/31 144A, due May 1, 2031 0.43% 0.51%
WULF 7.75 10/15/30 144A, due Oct 15, 2030 0.55% 0.42%
TRACTC 5.875 03/01/31 144A, due Mar 1, 2031 0.52% 0.41%
APLD 9.25 12/15/30 144A, due Dec 15, 2030 0.83% 0.29%
DVA 4.625 06/01/30 144A, due Jun 1, 2030 0.93% 0.28%
ISATLN 9 09/15/29 144A, due Sep 15, 2029 0.72% 0.27%
HNDLIN 4.75 01/30/30 144A, due Jan 30, 2030 0.36% 0.24%
SFRFP 9.5 11/01/29 144A, due Nov 1, 2029 0.49% 0.22%
PFORGE 6.75 03/15/31 144A, due Mar 15, 2031 0.55% 0.22%
NLSN 9.29 04/15/29 144A, due Apr 15, 2029 0.22% 0.31%
BLKPRL 6.125 02/15/31 144A, due Feb 15, 2031 0.46% 0.20%
Only in FLHY
AROC 6 02/01/34 144A, due Feb 1, 2034 0.89%
SKX 10 07/15/33 144a, due Jul 15, 2033 0.87%
THS 7.75 02/11/33 144A, due Feb 11, 2033 0.85%
PETM 7.5 09/15/32, due Sep 15, 2032 0.83%
PSDO 7.5 06/01/31 144A, due Jun 1, 2031 0.81%
EBIDCO 7.5 02/15/32 XR, due Feb 15, 2032 0.80%
ICECR 6 08/01/32 144a, due Aug 1, 2032 0.80%
OPALBD 6.5 03/31/32 144A, due Mar 31, 2032 0.76%
Only in SJNK
Meridian Arc Holdco LLC, due Apr 30, 2031 0.65%
EchoStar Corp, due Nov 30, 2029 0.63%
Centene Corp, due Dec 15, 2029 0.51%
Cloud Software Group Inc, due Sep 30, 2029 0.43%
Cloud Software Group Inc, due Mar 31, 2029 0.43%
TransDigm Inc, due Mar 1, 2029 0.42%
Core Scientific Finance I LLC, due May 15, 2031 0.38%
DISH Network Corp, due Nov 15, 2027 0.36%

Check overlap with more funds →

On the same fields

FLHY
Franklin High Yield Corporate ETF
SJNK
State Street SPDR Bloomberg Short Term High Yield Bond ETF
Where it sits Bond ETF Bond ETF
Issuer Franklin State Street
What it is Actively managed Tracks an index
Total return, 1 year +2.0% +1.2%
Its benchmark over the same days +1.2% (USHY) −1.9% (AGG)
Gap to its benchmark +0.8 pts vs USHY +3.2 pts vs AGG
Expense ratio 0.40% 0.40%
Holdings 289 1121
Net assets $1.2bn $4.4bn

FLHY and SJNK on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FLHY

FLHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.0% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA U.S. High Yield Constrained Index. The prospectus expense ratio is 0.40% a year.

About SJNK

SJNK tracks an index. Over the year to Oct 20, 2026 it returned +1.2% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index.

Questions people ask

Which returned more over the last year, FLHY or SJNK?
In the year to Oct 20, 2026, with distributions reinvested, FLHY returned +2.0% and SJNK +1.2%.
Which is cheaper, FLHY or SJNK?
Neither: FLHY and SJNK both charge 0.40% a year. Fees come from each fund's prospectus.
Other comparisons
FLHY vs SCYBFLHY vs SHYGFLHY vs HYLSFALN vs FLHYHYGV vs SJNKHFSI vs SJNKSJNK vs SPHYSJNK vs USHY
FLHY on its own →SJNK on its own →Hold both: look the portfolio through →Rankings →FLHY dividend history →FLHY holdings →SJNK dividend history →SJNK holdings →Standards and sources →
Where these figures came from
FLHY filings on SEC EDGAR ↗FLHY prospectus with the expense ratio (SEC) ↗Franklin website ↗SJNK filings on SEC EDGAR ↗SJNK prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FLHY against SJNK, data as of Oct 20, 2026. https://etfiq.com/compare/any/flhy-vs-sjnk

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.