HYSD vs NJNK
Columbia Short Duration High Yield ETF vs Columbia US High Yield ETF
Which is better, HYSD or NJNK?
Nearly the same fund. HYSD costs less.
HYSD has a lower expense ratio. HYSD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HYSD | NJNK |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.46% |
| AUM | $105M | $40M |
| Dividend Yield | 6.03% | 6.59% |
| Holdings | 575 | 934 |
| YTD Return | +0.62%Best | -0.47% |
| 1Y Return | +2.13%Best | +1.64% |
| Volatility (annualized) | 2.5%Best | 3.8% |
| Max Drawdown | -2.7%Best | -4.5% |
| $10,000 over 2.1 years | $10,889Best | $10,865 |
| Fund Family | Columbia Threadneedle Investments | Columbia Threadneedle Investments |
| Category | Fixed Income | Fixed Income |
| Style | Investment Grade Bond | Investment Grade Bond |
| Inception | Sep 5, 2024 | Sep 5, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
HYSD vs NJNK growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
HYSD vs NJNK Performance
Columbia Short Duration High Yield ETF (HYSD) is an ETF from Columbia Threadneedle Investments and Columbia US High Yield ETF (NJNK) is an ETF from Columbia Threadneedle Investments. Over the past year HYSD returned +2.13% while NJNK returned +1.64%. Year to date, HYSD is up 0.62% versus a loss of 0.47% for NJNK.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NJNK has been the more volatile fund, with annualized monthly volatility of 3.8% compared with 2.5% for HYSD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -2.7% for HYSD and -4.5% for NJNK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HYSD charges 0.44% per year while NJNK charges 0.46%. On a $10,000 position that is $44 vs $46 annually, a gap of $2 per year that compounds over a long holding period. On income, HYSD currently yields 6.03% against 6.59% for NJNK.
Holdings Overlap
We hold position weights for 237 holdings in HYSD and 358 in NJNK, totalling 82.3% and 74.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 99 positions appear in both.
99 positions in common, counted across the 237 positions we hold weights for in HYSD and 358 in NJNK, against full books of 575 and 934.
Top Shared Holdings
| Stock | Weight in HYSD | Weight in NJNK | Difference |
|---|---|---|---|
| HNDLIN 4.75 01/30/30Novelis Corp. 4.75% 01/30/2030 | 1.12% | 0.54% | 0.58% |
| SATS 10.75 11/30/29 | 1.03% | 0.54% | 0.49% |
| TIBX 9 09/30/29 144ACloud Software Group Inc 9% 30Sep2029 | 0.95% | 0.57% | 0.38% |
| CHTR 4.25 02/01/31 1Cco Holdings, Llc/ Cco Holdings Capital Corp. | 0.84% | 0.55% | 0.29% |
| MEDIND 5.25 10/01/29Sr Unsecured 144A 10/29 5.25 | 0.95% | 0.25% | 0.70% |
| TIBX 6.5 03/31/29 14Picard Midco Inc 6.5% 31Mar2029 | 0.69% | 0.50% | 0.19% |
| TIHLLC 7.125 06/01/3PANTHER ESCROW ISSUER 7.13% 01Jun2031 | 0.67% | 0.49% | 0.18% |
| SYNH 9 10/01/30 144AStar Parent Inc | 0.68% | 0.40% | 0.28% |
| CHTR 4.75 03/01/30 1Cco Holdings Llc 4.75% 3/1/30 | 0.35% | 0.70% | 0.35% |
| FUN 7.25 05/15/31 14Six Flags Entertainment 7.25 05/15/2031 | 0.63% | 0.40% | 0.23% |
You are not choosing between two funds in isolation.
Whichever of HYSD and NJNK you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HYSD or NJNK?
HYSD has an expense ratio of 0.44% while NJNK charges 0.46%. HYSD is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, HYSD or NJNK?
Over the past year HYSD returned +2.13% vs +1.64% for NJNK, so HYSD leads on 1-year performance. Over the longest common window we track (2 years), HYSD annualized +4.14% vs +4.03% for NJNK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYSD or NJNK?
NJNK has been the more volatile fund at 3.8% annualized versus 2.5% for HYSD. Worst drawdown: HYSD -2.7% vs NJNK -4.5%.
Should I hold both HYSD and NJNK?
HYSD and NJNK have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, HYSD or NJNK?
HYSD yields 6.03% while NJNK yields 6.59%, so NJNK currently pays the higher dividend yield.
Is NJNK better than HYSD?
HYSD has a lower expense ratio. HYSD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.