SJNK - State Street SPDR Bloomberg Short Term High Yield Bond ETF
The State Street SPDR Bloomberg Short Term High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index (the "Index")Seeks to provide diversified exposure to short-term US dollar-denominated high yield corporate bondsPotentially presents less interest rate risk than high yield bonds with longer durationA more cost efficient way to implement a high yield exposure than via individual bonds
As of May 15, 2026: spot at $24.94, ATM IV 254.3%, net GEX $253.
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Market Cap
- $4.78B
- Beta
- 0.47
- 52-Week Range
- 24.72-25.65
- Dividend Yield
- $1.76
- IPO Date
- Apr 9, 2012
- Exchange
- AMEX
What SJNK Looks Like to Options Traders Today
IV rank of 51.3% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($253) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.012) is roughly flat across the wings.
What This Page Covers
The SJNK overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked SJNK overview questions
- What is SJNK?
- SJNK is the ticker symbol for State Street SPDR Bloomberg Short Term High Yield Bond ETF, an listed exchange-traded fund. The State Street SPDR Bloomberg Short Term High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index (the "Index")Seeks to provide diversified exposure to short-term US dollar-denominated high yield corporate bondsPotentially presents less interest rate risk than high yield bonds with longer durationA more cost efficient way to implement a high yield exposure than via individual bonds Listed on AMEX. SJNK is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the SJNK options snapshot look like today?
- As of May 15, 2026, the SJNK options snapshot shows spot at $24.94, ATM IV 254.3%, IV rank 51.3%, net GEX $253, expected move 2.61%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are SJNK's key statistics?
- State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) carries a market capitalization of $4.78B, 52-week range of 24.72-25.65. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SJNK belong to?
- State Street SPDR Bloomberg Short Term High Yield Bond ETF operates in the Financial Services sector, in the Asset Management - Bonds industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SJNK's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SJNK data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.