The Barclays High Yield Bond fund is an exchange traded fund (ETF) within the SPDR family. This fund has 1 other fund which is extremely similar to it.

Within the SPDR family of funds, the most positively correlated other funds are Barclays Short Term High Yield Bond, Barclays Intermediate Term Corporate Bond, S&P International Consumer Staples Sector, S&P Retail, S&P 400 Mid Cap Growth.

Outside of the SPDR family, the most positively correlated other funds are iShares - iBoxx $ High Yield Corporate Bond ETF, Vanguard Mutual Funds - High-Yield Corporate, Vanguard Mutual Funds - High-Yield Corporate Admiral Shares, iShares - B - Ca Rated Corporate Bond ETF, iShares - Interest Rate Hedged High Yield Bond ETF.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to SPDR's Barclays High Yield Bond fund: iShares - iBoxx $ High Yield Corporate Bond ETF. The correlation between their daily movements is 99.8%.

Performance for the previous 2 years


Positively Correlated SPDR ETFs
SJNK SPDR Barclays Short Term High Yield Bond 97.9%
ITR SPDR Barclays Intermediate Term Corporate Bond 95.9%
IPS SPDR S&P International Consumer Staples Sector 95.2%
XRT SPDR S&P Retail 94.8%
MDYG SPDR S&P 400 Mid Cap Growth 94.0%
Negatively Correlated SPDR funds
KME SPDR S&P Mortgage Finance -59.7%
RBL SPDR S&P Russia -55.0%
VRD SPDR Nuveen S&P VRDO Municipal Bond -45.2%
EDIV SPDR S&P Emerging Markets Dividend -43.6%
SYG SPDR MFS Systematic Growth Equity -33.3%

Positively Correlated Non-SPDR funds
HYG iShares iBoxx $ High Yield Corporate Bond ETF 99.8%
VWEHX Vanguard Mutual Funds High-Yield Corporate 98.7%
VWEAX Vanguard Mutual Funds High-Yield Corporate Admiral Shares 98.7%
QLTC iShares B - Ca Rated Corporate Bond ETF 98.4%
HYGH iShares Interest Rate Hedged High Yield Bond ETF 97.7%
Negatively Correlated Non-SPDR funds
IBMI iShares iBondsĀ® Sep 2020 AMT-Free Muni Bond ETF -72.0%
IBMH iShares iBondsĀ® Sep 2019 AMT-Free Muni Bond ETF -68.4%
RING iShares MSCI Global Gold Miners ETF -68.3%
ICLN iShares Global Clean Energy ETF -60.7%
ERUS iShares MSCI Russia Capped ETF -60.4%

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