JNK(JNK)
AI Look-Through Summary
AI GeneratedThe portfolio's sector allocation is heavily concentrated in high-yield bonds, with only 3.6% allocated to other sectors. This suggests that the fund's primary objective is to provide exposure to high-risk, high-reward debt securities. The lack of diversification across various sectors implies a focused investment strategy.
The top holding accounts for approximately 3.6% of the portfolio, indicating a relatively low concentration risk compared to some other ETFs. However, it is worth noting that this single stock dominates the sector allocation, suggesting that the fund's performance may be heavily influenced by its holdings in high-yield bonds. The sector mix is skewed towards debt securities, which would likely perform well in an environment of rising interest rates or economic stress. Conversely, a prolonged period of low interest rates and stable economic growth could lead to reduced returns for this portfolio.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-06-20 09:01:20.517467+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 10/100The provided data presents a significant disconnect between the investment theme implied by the ticker JNK, which typically denotes high-yield or junk bonds, and the actual holdings listed. The top holding is identified only as "924QSGII3," with no specific issuer name, sector classification, or credit rating provided to indicate whether it aligns with a distressed debt strategy. Furthermore, the absence of any other named securities in the dataset makes it impossible to verify if the portfolio consists of leveraged loans, high-yield corporate bonds, or government obligations. Without visibility into the underlying assets, there is no evidence that the fund maintains thematic focus on credit risk rather than acting as a generic cash equivalent or holding unrelated instruments under an opaque identifier.
Concentration analysis reveals extreme opacity regarding sector coherence and differentiation from broad market indices due to the lack of granular data beyond a single top position representing 3.6% of assets. While this specific weight suggests low concentration relative to mega-cap equities, the inability to identify the nature of "924QSGII3" prevents an assessment of whether the remaining portfolio is diversified across industries or heavily weighted toward a specific sector consistent with high-yield investing. Consequently, it cannot be determined if the fund offers genuine thematic exposure distinct from standard bond indices or if its structure relies on unidentified instruments that may not reflect the expected risk profile associated with the JNK designation.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-23 17:27:07.473957+00
ETF Look-Through Dashboard
Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Under the Hood — Top 1 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | 924QSGII3 | SSI US GOV MONEY MARKET CLASS | 1.00% | — | — |
Historical Holdings Snapshots
Browse how JNK’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-06-24
1 holdings · 1.0% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 1.00% | 4,891,123 | — |
2026-06-22
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.63% | 20,701,714 | — |
2026-06-21
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.63% | 20,701,714 | — |
2026-06-20
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.63% | 20,701,714 | — |
2026-06-19
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.63% | 20,701,714 | — |
2026-06-18
2 holdings · 10.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 29450YAD1 | 7.13% | 5,630,000 | — |
| 2 | 924QSGII3 | 3.65% | 29,155,172 | — |
Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
Technical Setup
AI GeneratedThe current price of $96.25 for JNK sits at a critical juncture where short-term momentum indicators may be interacting with longer-term moving averages, potentially signaling a shift in institutional positioning. If the price is approaching or breaching key average levels, larger market participants might be reevaluating their exposure to this specific asset class, as such crossovers often precede capital rotation into or out of high-yield debt instruments. The absence of additional volume data limits precise assessment, but any significant move away from these averages without corresponding trading activity could suggest that institutions are waiting for clearer directional confirmation before committing substantial new positions. Institutional behavior in the bond and equity proxy markets often lags behind retail sentiment until a technical threshold is breached, at which point large blocks of capital may enter to establish market direction. The proximity to major moving averages implies that smart money is closely monitoring support and resistance levels, possibly accumulating or distributing shares quietly while waiting for volatility to resolve. This setup suggests that the larger players are currently in a state of observation rather than aggressive conviction, using these technical landmarks as decision points for adjusting their portfolios based on broader macroeconomic signals regarding interest rates and credit spreads. Ultimately, the convergence of price action near established averages indicates that institutional sentiment is bifurcated or undecided, with some entities potentially viewing the current level as attractive entry points while others see it as a zone to reduce exposure pending further confirmation. Without definitive volume spikes or sustained breaks above these technical
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How JNK’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
Positions Increased (0)
Positions Decreased (1)
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Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-23.
SecuritiesDB is for informational purposes only. Not investment advice.