JPHY vs SJNK: Differences, Returns & Fees

JPHY's duration was 2.6 years on May 31, 2026 and SJNK's 2.3 on Jun 30, 2026; SJNK charges 0.40% to JPHY's 0.45%. Net assets on Oct 20, 2026: $2.2bn for JPMorgan Active High Yield ETF and $4.4bn for State Street SPDR Bloomberg Short Term High Yield Bond ETF.

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Answers cite the figures on this page.

SJNK costs 0.05 points a year less; their one-year returns differ by 0.9 points; SJNK is 2.0 times larger.

JPHY vs SJNK: Differences, Returns & Fees
JPHYSJNK
Expense ratio0.45%0.40%
Net assets$2.2bn$4.4bn
Total return, 1 year+2.1%+1.2%
What it tracksNo index, actively managedBloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index
Holdings in common24%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+2.1%
JPHY total return, 1 year
+1.2%
SJNK total return, 1 year
0.45%
JPHY expense ratio
0.40%
SJNK expense ratio

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Client brief · page 1 of 2Report BR-E13CF3EBE0

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

  1. What each follows. JPHY 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. 24% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 JPHY returned +2.1% and SJNK +1.2% with distributions reinvested, a gap of 0.9 points.

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, JPHY and SJNK hold 24% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

half

24% in common

Positions both hold, largest shared weight first
Holding JPHY SJNK
PR RNO Property Owner 1 LLC, due May 1, 2031 0.44% 0.51%
EMRLD Borrower LP, due Dec 15, 2030 0.71% 0.38%
DISH Network Corp., due Nov 15, 2027 0.54% 0.36%
CCO Holdings LLC, due Mar 1, 2030 0.73% 0.36%
American Airlines, Inc., due Apr 20, 2029 0.71% 0.34%
DISH DBS Corp., due Dec 1, 2026 0.58% 0.34%
Mauser Packaging Solutions Holding Co., due Apr 15, 2030 0.53% 0.34%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.32% 0.65%
Staples, Inc., due Sep 1, 2029 0.55% 0.29%
CCO Holdings LLC, due Feb 1, 2028 0.43% 0.29%
Avantor Funding, Inc., due Jul 15, 2028 0.41% 0.28%
Connect Finco SARL, due Sep 15, 2029 0.30% 0.27%
Only in JPHY
CCO Holdings LLC, due Feb 1, 2032 1.09%
Royal Caribbean Cruises Ltd., due Feb 1, 2033 1.03%
Venture Global LNG, Inc., due Feb 1, 2032 0.80%
CCO Holdings LLC, due Jun 1, 2033 0.78%
Ford Motor Credit Co. LLC, due Aug 17, 2027 0.75%
Nexstar Media, Inc., due Sep 15, 2033 0.65%
1261229 BC Ltd., due Apr 15, 2032 0.63%
Permian Resources Operating LLC, due Jul 1, 2029 0.55%
Only in SJNK
Centene Corp, due Dec 15, 2029 0.51%
Venture Global LNG Inc, due Feb 1, 2029 0.44%
Cloud Software Group Inc, due Sep 30, 2029 0.43%
Cloud Software Group Inc, due Mar 31, 2029 0.43%
Core Scientific Finance I LLC, due May 15, 2031 0.38%
CCO Holdings LLC / CCO Holdings Capital Corp, due Jun 1, 2029 0.37%
Rakuten Group Inc, due Feb 15, 2027 0.35%
CRC Insurance Group LLC, due Jun 1, 2031 0.34%

Check overlap with more funds →

On the same fields

JPHY
JPMorgan Active High Yield ETF
SJNK
State Street SPDR Bloomberg Short Term High Yield Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index
Total return, 1 year +2.1% +1.2%
Its benchmark over the same days +1.2% (USHY) −1.9% (AGG)
Gap to its benchmark +0.9 pts vs USHY +3.2 pts vs AGG
Expense ratio 0.45% 0.40%
Holdings 574 1121
Net assets $2.2bn $4.4bn

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

About JPHY

JPHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.1% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA US High Yield Constrained Index. The prospectus expense ratio is 0.45% 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. The prospectus expense ratio is 0.40% a year.

Questions people ask

Which returned more over the last year, JPHY or SJNK?
In the year to Oct 20, 2026, with distributions reinvested, JPHY returned +2.1% and SJNK +1.2%.
Which is cheaper, JPHY or SJNK?
SJNK is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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