HYG vs JNK
iShares iBoxx $ High Yield Corporate Bond ETF vs State Street SPDR Bloomberg High Yield Bond ETF
Last updated: 2026-04-02
iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is an exchange-traded fund issued by iShares that provides exposure to below-investment-grade U.S. corporate bonds offering higher yields. It charges an above-average expense ratio of 0.49%. The fund offers a high dividend yield of 5.88%. Launched in 2007, the fund has a 19-year track record.
State Street SPDR Bloomberg High Yield Bond ETF (JNK) is an exchange-traded fund issued by State Street 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 6.68%. Launched in 2007, the fund has a 19-year track record.
Quick Verdict
JNK has a slightly lower expense ratio (0.40% vs 0.49%), saving about $173 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (0.9% vs 0.5%), tracking closely. Income investors may prefer JNK for its higher yield (6.7% vs 5.9%).
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
Which One Should You Choose?
Choose JNK if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose JNK if...
you prioritize dividend income and want higher regular distributions from your portfolio.
Either works if...
you just need broad us high yield bond exposure. Both are solid options — pick whichever your brokerage offers commission-free.