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

$30.63

Average Daily Volume

7,777

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

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

$28.04

Average Daily Volume

41,877

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	INKM	HYBL
30 Days	-0.89%	0.60%
60 Days	-0.07%	1.57%
90 Days	0.28%	2.01%
12 Months	6.30%	9.61%

1 Overlapping Holdings

	Symbol	Grade	Weight in INKM	Weight in HYBL	Overlap
	SRLN	A	6.0%	2.95%	2.95%

INKM Overweight 12 Positions Relative to HYBL

	Symbol	Grade	Weight
	SCHD	D	9.03%
	SPYD	A	9.03%
	GII	A	8.14%
	BIL	A	7.0%
	PSK	C	6.01%
	EBND	C	5.98%
	EMHC	C	5.95%
	CWB	C	4.02%
	TIPX	B	2.99%
	REM	B	2.0%
	RWR	C	2.0%
	DWX	B	1.0%

INKM Underweight 0 Positions Relative to HYBL

	Symbol	Grade	Weight

INKM: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Real Estate Investment Trust Bond Bond Market Indices Dividend Dividend Yield Management Cybernetics Preferred Stock State Street Global Advisors Stock Fund Blackstone Bloomberg L.P. Bond Market Bond Market Index Collateralized Debt Obligation Convertible Bond Convertible Security Convertibles

HYBL: Top Represented Industries & Keywords

Industries:

Keywords: Blackstone Bond Market Index Bond Market Indices ETF Exchange Traded Fund State Street Global Advisors iBoxx