SJNK
SPDR Bloomberg Short Term High Yield Bond ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-09
Executive Summary
The quantitative backtest for SJNK (SPDR Bloomberg Short Term High Yield Bond ETF) using the Excess Return MMA CA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -6.9% (compared to the benchmark's drawdown of -19.7%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 4.5%, compared to a Buy-and-Hold benchmark return of 4.3%. The strategy executed 21 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Strategy Model 4 Models Available
Compare quantitative moving average overlays for SJNK:
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active Model
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Trading Horizon
Select risk profile & execution style for SJNK:
🛡️ Long-Term Investing Active Horizon
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
🛡️ SJNK Drawdown Shield & Downside Protection
Why Drawdown Dictates Longevity →Peak Drawdown Defense
-6.9% (vs -19.7% B&H)
+12.8% shallower drawdown
Downside Efficiency
1.27 Sortino
+0.49 vs 0.78 B&H
Capital Sheltered from Risk
17.6% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.
📊 SJNK Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| Max Drawdown | -1.73% | -1.73% | -4.87% | -10.18% | -6.93% | -19.74% | -6.93% | -19.74% |
| Sharpe Ratio | 1.21 | 1.16 | 1.09 | 0.80 | 1.24 | 0.79 | 1.10 | 0.68 |
| Sortino Ratio | 1.82 | 1.82 | 1.47 | 1.06 | 1.44 | 0.88 | 1.27 | 0.78 |
| CAGR | 3.63% | 3.72% | 4.48% | 4.74% | 5.31% | 5.21% | 4.45% | 4.26% |
| % Time Invested | 91.1% | 100.0% | 80.2% | 100.0% | 86.4% | 100.0% | 82.4% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.4 | 0.0 | 1.3 | 0.0 | 1.7 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Loading...
Loading Top Diversifiers for SJNK... Top Diversifiers for SJNK
Explore Correlation Across Horizons →Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.
| Diversifier Asset | Category | 1Y Correlation (r) | Action |
|---|---|---|---|
| Loading top diversifier assets... | |||
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Subscribe to Unlock | ||||||||
| 2026-05-04 | 2026-07-06 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.81% | Interest Income | |
| 2026-04-29 | 2026-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2025-07-18 | 2026-04-29 | Completed | 33.33% | $23.41 | $24.47 | 4.46% | Signal | |
| 2025-06-03 | 2025-07-18 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.80% | Interest Income | |
| 2025-05-02 | 2025-06-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2025-04-17 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income | |
| 2024-07-24 | 2025-04-17 | Completed | 33.33% | $21.60 | $22.38 | 3.58% | Signal | |
| 2024-06-18 | 2024-07-24 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.53% | Interest Income | |
| 2023-12-22 | 2024-06-18 | Completed | 33.33% | $20.83 | $21.27 | 2.05% | Signal | |
| 2023-11-03 | 2023-12-22 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.84% | Interest Income | |
| 2023-06-23 | 2023-11-03 | Completed | 33.33% | $19.34 | $19.93 | 2.99% | Signal | |
| 2023-06-02 | 2023-06-23 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.40% | Interest Income | |
| 2023-05-25 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2023-01-10 | 2023-05-25 | Completed | 33.33% | $19.02 | $19.15 | 0.65% | Signal | |
| 2022-12-02 | 2023-01-10 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.86% | Interest Income | |
| 2022-12-02 | 2023-01-10 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.86% | Interest Income | |
| 2022-12-02 | 2023-01-10 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.86% | Interest Income | |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2022-08-22 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2022-03-24 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income | |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income | |
| 2022-06-13 | 2022-08-22 | Completed | 33.33% | $17.98 | $18.56 | 3.21% | Signal | |
| 2022-05-19 | 2022-06-13 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-04-01 | 2022-05-19 | Completed | 33.33% | $15.34 | $18.26 | 18.97% | Stop | |
| 2020-05-27 | 2022-03-24 | Completed | 33.33% | $16.74 | $19.04 | 13.72% | Signal | |
| 2022-02-11 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income | |
| 2020-05-27 | 2022-02-11 | Completed | 33.33% | $16.74 | $19.26 | 15.00% | Signal | |
| 2020-03-10 | 2020-05-27 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2020-03-10 | 2020-05-27 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2020-03-10 | 2020-04-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2019-05-16 | 2020-03-10 | Completed | 33.33% | $17.12 | $16.85 | -1.59% | Stop | |
| 2019-03-28 | 2020-03-10 | Completed | 33.33% | $17.04 | $16.85 | -1.17% | Stop | |
| 2016-04-19 | 2020-03-10 | Completed | 33.33% | $13.92 | $16.85 | 20.99% | Stop | |
| 2019-03-04 | 2019-05-16 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.78% | Interest Income | |
| 2019-03-04 | 2019-03-28 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income | |
| 2019-02-11 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2018-12-10 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income | |
| 2016-04-19 | 2019-02-11 | Completed | 33.33% | $13.92 | $16.80 | 20.58% | Signal | |
| 2018-05-30 | 2018-12-10 | Completed | 33.33% | $16.34 | $16.40 | 0.33% | Signal | |
| 2018-05-07 | 2018-05-30 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2016-04-19 | 2018-05-07 | Completed | 33.33% | $13.92 | $16.34 | 17.29% | Signal | |
| 2016-04-04 | 2016-04-19 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2016-04-04 | 2016-04-19 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2016-04-04 | 2016-04-19 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2016-03-02 | 2016-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2016-03-02 | 2016-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2016-03-02 | 2016-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2015-09-30 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2015-09-02 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2015-09-02 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2015-02-11 | 2015-09-30 | Completed | 33.33% | $14.49 | $13.81 | -4.74% | Signal | |
| 2015-08-14 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-08-07 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-02-11 | 2015-08-14 | Completed | 33.33% | $14.49 | $14.21 | -1.99% | Signal | |
| 2014-04-04 | 2015-08-07 | Completed | 33.33% | $14.68 | $14.30 | -2.67% | Signal | |
| 2015-02-03 | 2015-02-11 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2015-02-03 | 2015-02-11 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2015-01-05 | 2015-02-02 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-01-05 | 2015-02-02 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income | |
| 2014-12-08 | 2015-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income | |
| 2014-12-02 | 2015-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income | |
| 2014-04-04 | 2014-12-08 | Completed | 33.33% | $14.68 | $14.40 | -1.97% | Signal | |
| 2014-11-04 | 2014-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income | |
| 2014-10-02 | 2014-11-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.14% | Interest Income | |
| 2014-09-29 | 2014-10-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2014-04-04 | 2014-09-29 | Completed | 33.33% | $14.68 | $14.52 | -1.13% | Signal | |
| 2014-04-02 | 2014-04-04 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2014-04-02 | 2014-04-04 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2014-04-02 | 2014-04-04 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |