FCOR vs. MYCF
FCOR (Fidelity Corporate Bond ETF) and MYCF (State Street My2026 Corporate Bond ETF) are both Corporate Bonds funds. Both are actively managed. Over the past year, FCOR returned 6.06% vs 4.60% for MYCF. At a 0.43 correlation, their price movements are largely independent. FCOR charges 0.36%/yr vs 0.15%/yr for MYCF.
Performance
FCOR vs. MYCF - Performance Comparison
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Returns By Period
In the year-to-date period, FCOR achieves a 0.48% return, which is significantly lower than MYCF's 1.63% return.
FCOR
- 1D
- -0.21%
- 1M
- 0.67%
- YTD
- 0.48%
- 6M
- 0.32%
- 1Y
- 6.06%
- 3Y*
- 5.65%
- 5Y*
- 0.70%
- 10Y*
- 2.89%
MYCF
- 1D
- 0.04%
- 1M
- 0.41%
- YTD
- 1.63%
- 6M
- 2.04%
- 1Y
- 4.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FCOR vs. MYCF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FCOR Fidelity Corporate Bond ETF | 0.48% | 7.88% | -3.02% |
MYCF State Street My2026 Corporate Bond ETF | 1.63% | 5.12% | 0.74% |
Correlation
The correlation between FCOR and MYCF is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024 | 0.43 |
The correlation between FCOR and MYCF shifts across timeframes, from 0.31 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FCOR vs. MYCF — Risk / Return Rank
FCOR
MYCF
FCOR vs. MYCF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond ETF (FCOR) and State Street My2026 Corporate Bond ETF (MYCF). 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.
| FCOR | MYCF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 6.98 | -5.59 |
Sortino ratioReturn per unit of downside risk | 2.02 | 13.23 | -11.21 |
Omega ratioGain probability vs. loss probability | 1.24 | 3.22 | -1.97 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 38.53 | -36.54 |
Martin ratioReturn relative to average drawdown | 6.21 | 164.09 | -157.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCOR | MYCF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 6.98 | -5.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 4.12 | -3.70 |
Drawdowns
FCOR vs. MYCF - Drawdown Comparison
The maximum FCOR drawdown since its inception was -22.60%, which is greater than MYCF's maximum drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for FCOR and MYCF.
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Drawdown Indicators
| FCOR | MYCF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -0.60% | -22.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.06% | -0.12% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -6.60% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -22.60% | — | — |
Current DrawdownCurrent decline from peak | -1.18% | 0.00% | -1.18% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -0.03% | -4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 0.03% | +0.95% |
Volatility
FCOR vs. MYCF - Volatility Comparison
Fidelity Corporate Bond ETF (FCOR) has a higher volatility of 1.61% compared to State Street My2026 Corporate Bond ETF (MYCF) at 0.15%. This indicates that FCOR's price experiences larger fluctuations and is considered to be riskier than MYCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCOR | MYCF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 0.15% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 3.32% | 0.43% | +2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.38% | 0.66% | +3.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.06% | 1.09% | +5.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.10% | 1.09% | +6.01% |
FCOR vs. MYCF - Expense Ratio Comparison
FCOR has a 0.36% expense ratio, which is higher than MYCF's 0.15% expense ratio.
Dividends
FCOR vs. MYCF - Dividend Comparison
FCOR's dividend yield for the trailing twelve months is around 4.55%, more than MYCF's 4.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCOR Fidelity Corporate Bond ETF | 4.55% | 4.47% | 4.35% | 3.70% | 3.30% | 2.34% | 2.99% | 3.10% | 3.65% | 2.81% | 3.04% | 3.82% |
MYCF State Street My2026 Corporate Bond ETF | 4.40% | 4.50% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FCOR and MYCF have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCOR has higher volatility (1.61%) compared to MYCF (0.15%). In terms of maximum drawdown, FCOR dropped -22.60% vs MYCF's -0.60%.
On 1-year performance, FCOR leads with 6.06% vs 4.60% for MYCF. On fees, MYCF is cheaper at 0.15% per year. On volatility, MYCF has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FCOR has performed better with a 6.06% return vs 4.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MYCF is cheaper with a 0.15% expense ratio, compared with 0.36% for FCOR.
FCOR has the higher dividend yield at 4.55%, compared with 4.40% for MYCF.
They also come from different issuers: Fidelity and State Street. Their fees differ too: 0.36% for FCOR and 0.15% for MYCF.
MYCF currently has the higher Sharpe Ratio (6.98 vs 1.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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