INKM vs. HYBL ETF Comparison
Comparison of SPDR SSgA Income Allocation ETF (INKM) to SPDR Blackstone High Income ETF (HYBL)
INKM
SPDR SSgA Income Allocation ETF
INKM Description
The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund invests substantially all of its assets in the SSgA Income Allocation Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. It invests the assets of the Portfolio among ETPs that provide exposure to four primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment grade and high yield debt securities; (iii) hybrid equity/debt securities; and (iv) REITs.
Grade (RS Rating)
Last Trade
$32.43
Average Daily Volume
19,330
14
HYBL
SPDR Blackstone High Income ETF
HYBL Description
SPDR Blackstone High Income ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is co-managed by SSGA Funds Management, Inc. and Blackstone Liquid Credit Strategies LLC. The fund invests in fixed income markets of the United States. The fund invests in high yield corporate bonds, senior loans and debt tranches of U.S. collateralized loan obligations that are rated BB+ or lower by Standard & Poor's Financial Services, LLC or Fitch Inc., Ba1 or lower by Moody's Investors Service, Inc. or equivalent ratings by another nationally recognized statistical rating organization. The fund employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against a composite index comprising of 50% of the ICE BofA US High Yield Constrained Index and 50% of the S&P/LSTA Leveraged Loan Index. The fund employs proprietary research to create its portfolio. SPDR Blackstone High Income ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$28.60
Average Daily Volume
103,642
1
Performance
| Period | INKM | HYBL |
|---|---|---|
| 30 Days | 0.19% | 0.82% |
| 60 Days | -0.85% | 1.47% |
| 90 Days | 0.78% | 2.55% |
| 12 Months | 14.84% | 11.32% |
1 Overlapping Holdings
| Symbol | Grade | Weight in INKM | Weight in HYBL | Overlap | |
|---|---|---|---|---|---|
| SRLN | A | 6.04% | 2.29% | 2.29% |
INKM Underweight 0 Positions Relative to HYBL
| Symbol | Grade | Weight |
|---|
INKM: Top Represented Industries & Keywords
HYBL: Top Represented Industries & Keywords
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