CDX vs. MYHA

Last updated Jul 14, 2026

CDX (Simplify High Yield ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. CDX charges 0.25%/yr vs 0.39%/yr for MYHA.

Performance

CDX vs. MYHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify High Yield ETF (CDX) and State Street My2027 High Yield Corporate Bond ETF (MYHA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CDX

• 1D: -0.38%
• 1M: -1.14%
• 6M: -2.81%
• YTD: -2.68%
• 1Y: -1.92%
• 3Y*: 7.14%
• 5Y*: —
• 10Y*: —

MYHA

• 1D: -0.07%
• 1M: 0.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CDX vs. MYHA - Yearly Performance Comparison

	2026 (YTD)
CDX Simplify High Yield ETF	-2.76%
MYHA State Street My2027 High Yield Corporate Bond ETF	1.50%

Correlation

The correlation between CDX and MYHA is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	0.71

Return for Risk

CDX vs. MYHA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CDX

CDX Risk / Return Rank: 6
CDX Sharpe Ratio Rank: 6
CDX Sortino Ratio Rank: 6
CDX Omega Ratio Rank: 6
CDX Calmar Ratio Rank: 5
CDX Martin Ratio Rank: 5

MYHA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CDX vs. MYHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify High Yield ETF (CDX) and State Street My2027 High Yield Corporate Bond ETF (MYHA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CDX	MYHA	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	—	—
Sortino ratio: Return per unit of downside risk	-0.43	—	—
Omega ratio: Gain probability vs. loss probability	0.95	—	—
Calmar ratio: Return relative to maximum drawdown	-0.46	—	—
Martin ratio: Return relative to average drawdown	-0.96	—	—

Drawdowns

CDX vs. MYHA - Drawdown Comparison

The maximum CDX drawdown since its inception was -13.24%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for CDX and MYHA.

Drawdown Indicators

	CDX	MYHA	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-0.69%	-12.55%
Max Drawdown (1Y) Largest decline over 1 year	-4.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.88%	—	—
Current Drawdown Current decline from peak	-7.63%	-0.07%	-7.56%
Average Drawdown Average peak-to-trough decline	-4.39%	-0.11%	-4.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	—	—

Volatility

Volatility by Period

	CDX	MYHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.83%	1.84%	+3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.01%	1.84%	+9.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	1.84%	+9.17%

CDX vs. MYHA - Expense Ratio Comparison

CDX has a 0.25% expense ratio, which is lower than MYHA's 0.39% expense ratio.

Dividends

CDX vs. MYHA - Dividend Comparison

CDX's dividend yield for the trailing twelve months is around 8.35%, more than MYHA's 2.06% yield.

Position	TTM	2025	2024	2023	2022
CDX Simplify High Yield ETF	8.35%	7.18%	12.60%	5.26%	7.51%
MYHA State Street My2027 High Yield Corporate Bond ETF	2.06%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CDX and MYHA in my portfolio?

CDX and MYHA have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CDX or MYHA?

On fees, CDX is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CDX or MYHA?

CDX is cheaper with a 0.25% expense ratio, compared with 0.39% for MYHA.

Which ETF pays a higher dividend yield, CDX or MYHA?

CDX has the higher dividend yield at 8.35%, compared with 2.06% for MYHA.

What is the main difference between CDX and MYHA?

They also come from different issuers: Simplify and State Street. Their fees differ too: 0.25% for CDX and 0.39% for MYHA.