Which returned more over the last year, PHYL or SJNK?

In the year to Oct 20, 2026, with distributions reinvested, PHYL returned +0.8% and SJNK +1.2%.

Which is cheaper, PHYL or SJNK?

PHYL is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

PHYL vs SJNK: Differences, Returns & Fees

PHYL's duration was 3.0 years on May 29, 2026 and SJNK's 2.3 on Jun 30, 2026; PHYL charges 0.39% to SJNK's 0.40%. Net assets: $1.5bn on Oct 19, 2026 for PGIM Active High Yield Bond ETF, and $4.4bn on Oct 20, 2026 for State Street SPDR Bloomberg Short Term High Yield Bond ETF.

Ask IQ about this page

Ask IQ about PHYL and SJNK

Answers cite the figures on this page.

PHYL costs 0.01 points a year less; their one-year returns differ by 0.4 points; SJNK is 2.9 times larger.

PHYL vs SJNK: Differences, Returns & Fees
	PHYL	SJNK
Expense ratio	0.39%	0.40%
Net assets, as of Oct 19, 2026	$1.5bn	$4.4bn
Total return, 1 year	+0.8%	+1.2%
What it tracks	No index, actively managed	Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index
Holdings in common	29%

Holdings in common uses holdings dated May 29, 2026 and Jun 30, 2026.

+0.8%

PHYL total return, 1 year

+1.2%

SJNK total return, 1 year

0.39%

PHYL expense ratio

0.40%

SJNK expense ratio

Client brief · page 1 of 2Report BR-C4DEBFF56E

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

What each follows. PHYL follows No index, actively managed and SJNK follows Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index.
Holdings in common. 29% of the weight is in the same securities (holdings dated May 29, 2026 and Jun 30, 2026).
One-year total return (similar). Over 1 year to Oct 20, 2026 PHYL returned +0.8% and SJNK +1.2% with distributions reinvested, a gap of 0.4 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.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, PHYL and SJNK hold 29% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Jun 30, 2026.

50%

half

29% in common

Positions both hold, largest shared weight first

Holding PHYL SJNK

MERIDI 6.25 04/30/31 144A, due Apr 30, 2031 0.57% 0.65%

VENLNG 9.5 02/01/29 144A, due Feb 1, 2029 0.44% 0.44%

SATS 10.75 11/30/29 ., due Nov 30, 2029 0.41% 0.63%

TRACTC 5.875 03/01/31 144A, due Mar 1, 2031 0.53% 0.41%

WULF 7.75 10/15/30 144A, due Oct 15, 2030 0.40% 0.42%

TRACTD 6.5 05/01/31 144A, due May 1, 2031 0.36% 0.51%

NLSN 9.29 04/15/29 144A, due Apr 15, 2029 0.35% 0.31%

CHTR 5.375 06/01/29 144A, due Jun 1, 2029 0.31% 0.37%

BWY 7.875 04/15/30 144A, due Apr 15, 2030 0.29% 0.34%

DVA 4.625 06/01/30 144A, due Jun 1, 2030 0.61% 0.28%

BSPEED 10.5 04/03/31 144A, due Apr 3, 2031 0.47% 0.27%

THC 4.25 06/01/29, due Jun 1, 2029 0.38% 0.25%

Only in PHYL

PGIM AAA CLO ETF 1.08%

RADIATE HOLDCO LLC, due Sep 25, 2029 0.90%

CVNA 9 06/01/30 144A, due Jun 1, 2030 0.74%

SBAC 3.125 02/01/29, due Feb 1, 2029 0.54%

T 3.75 04/30/28, due Apr 30, 2028 0.50%

ASUCOR 8 12/31/32 144A, due Dec 31, 2032 0.46%

ELDCN 6.25 09/01/29 144A, due Sep 1, 2029 0.45%

LVLT 8.5 01/15/36 144A, due Jan 15, 2036 0.45%

Only in SJNK

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%

EMRLD Borrower LP / Emerald Co-Issuer Inc, due Dec 15, 2030 0.38%

CCO Holdings LLC / CCO Holdings Capital Corp, due Mar 1, 2030 0.36%

Rakuten Group Inc, due Feb 15, 2027 0.35%

CRC Insurance Group LLC, due Jun 1, 2031 0.34%

DISH DBS Corp, due Dec 1, 2026 0.34%

Check overlap with more funds →

On the same fields

PHYL

PGIM Active High Yield Bond ETF

SJNK

State Street SPDR Bloomberg Short Term High Yield Bond ETF

Where it sits Bond ETF Bond ETF

Issuer PGIM State Street

What it is Actively managed Tracks an index

Total return, 1 year +0.8% +1.2%

Its benchmark over the same days −1.9% (AGG) −1.9% (AGG)

Gap to its benchmark +2.7 pts vs AGG +3.2 pts vs AGG

Expense ratio 0.39% 0.40%

Holdings 783 1121

Net assets, PHYL as of Oct 19, 2026 and SJNK as of Oct 20, 2026 $1.5bn $4.4bn

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

About PHYL

PHYL is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +0.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.39% 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, PHYL or SJNK?: In the year to Oct 20, 2026, with distributions reinvested, PHYL returned +0.8% and SJNK +1.2%.
Which is cheaper, PHYL or SJNK?: PHYL is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

HYLB vs PHYL BHYB vs PHYL ANGL vs PHYL PHYL vs SCYB HYGV vs SJNK HFSI vs SJNK BHYB vs SJNK HYLB vs SJNK

PHYL on its own →SJNK on its own →Hold both: look the portfolio through →Rankings →PHYL dividend history →PHYL holdings →SJNK dividend history →SJNK holdings →Standards and sources →

Where these figures came from

PHYL filings on SEC EDGAR ↗PHYL prospectus with the expense ratio (SEC) ↗PGIM 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, PHYL against SJNK, data as of Oct 20, 2026. https://etfiq.com/compare/any/phyl-vs-sjnk

Open data

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