FEIG vs. MYCF

Last updated Jun 24, 2026

FEIG (FlexShares ESG & Climate Investment Grade Corporate Core Index Fund) and MYCF (State Street My2026 Corporate Bond ETF) are both Corporate Bonds funds. FEIG is passively managed, while MYCF is actively managed. Over the past year, FEIG returned 4.85% vs 4.43% for MYCF. At a 0.43 correlation, their price movements are largely independent. FEIG charges 0.12%/yr vs 0.15%/yr for MYCF.

Performance

FEIG vs. MYCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) and State Street My2026 Corporate Bond ETF (MYCF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEIG achieves a 0.68% return, which is significantly lower than MYCF's 1.82% return.

FEIG

• 1D: 0.16%
• 1M: 0.73%
• YTD: 0.68%
• 6M: 0.82%
• 1Y: 4.85%
• 3Y*: 4.96%
• 5Y*: —
• 10Y*: —

MYCF

• 1D: 0.00%
• 1M: 0.31%
• YTD: 1.82%
• 6M: 2.00%
• 1Y: 4.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FEIG vs. MYCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund	0.68%	7.31%	-3.27%
MYCF State Street My2026 Corporate Bond ETF	1.82%	5.12%	0.72%

Correlation

The correlation between FEIG and MYCF is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.43

The correlation between FEIG and MYCF shifts across timeframes, from 0.32 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FEIG vs. MYCF — Risk / Return Rank

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

FEIG

FEIG Risk / Return Rank: 34
FEIG Sharpe Ratio Rank: 33
FEIG Sortino Ratio Rank: 33
FEIG Omega Ratio Rank: 30
FEIG Calmar Ratio Rank: 37
FEIG Martin Ratio Rank: 36

MYCF

MYCF Risk / Return Rank: 99
MYCF Sharpe Ratio Rank: 99
MYCF Sortino Ratio Rank: 99
MYCF Omega Ratio Rank: 99
MYCF Calmar Ratio Rank: 99
MYCF Martin Ratio Rank: 99

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.

FEIG vs. MYCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) 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.

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.

	FEIG	MYCF	Difference
Sharpe ratio: Return per unit of total volatility	1.11	7.04	-5.93
Sortino ratio: Return per unit of downside risk	1.65	13.15	-11.50
Omega ratio: Gain probability vs. loss probability	1.20	3.29	-2.10
Calmar ratio: Return relative to maximum drawdown	1.74	37.14	-35.40
Martin ratio: Return relative to average drawdown	5.15	161.12	-155.96

FEIG vs. MYCF - Sharpe Ratio Comparison

The current FEIG Sharpe Ratio is 1.11, which is lower than the MYCF Sharpe Ratio of 7.04. The chart below compares the historical Sharpe Ratios of FEIG and MYCF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FEIG vs. MYCF - Drawdown Comparison

The maximum FEIG drawdown since its inception was -22.26%, which is greater than MYCF's maximum drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for FEIG and MYCF.

Drawdown Indicators

	FEIG	MYCF	Difference
Max Drawdown Largest peak-to-trough decline	-22.26%	-0.60%	-21.66%
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	-0.12%	-2.69%
Max Drawdown (3Y) Largest decline over 3 years	-6.67%	—	—
Current Drawdown Current decline from peak	-1.36%	0.00%	-1.36%
Average Drawdown Average peak-to-trough decline	-9.42%	-0.03%	-9.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	0.03%	+0.91%

Volatility

FEIG vs. MYCF - Volatility Comparison

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) has a higher volatility of 1.20% compared to State Street My2026 Corporate Bond ETF (MYCF) at 0.14%. This indicates that FEIG'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.

Volatility by Period

	FEIG	MYCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	0.14%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	3.35%	0.40%	+2.95%
Volatility (1Y) Calculated over the trailing 1-year period	4.39%	0.63%	+3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.37%	1.07%	+6.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.37%	1.07%	+6.30%

FEIG vs. MYCF - Expense Ratio Comparison

FEIG has a 0.12% expense ratio, which is lower than MYCF's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FEIG vs. MYCF - Dividend Comparison

FEIG's dividend yield for the trailing twelve months is around 4.74%, more than MYCF's 4.40% yield.

Position	TTM	2025	2024	2023	2022	2021
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund	4.74%	4.84%	4.65%	4.21%	2.99%	0.55%
MYCF State Street My2026 Corporate Bond ETF	4.40%	4.50%	1.21%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FEIG and MYCF in my portfolio?

FEIG and MYCF have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEIG or MYCF?

FEIG has higher volatility (1.20%) compared to MYCF (0.14%). In terms of maximum drawdown, FEIG dropped -22.26% vs MYCF's -0.60%.

Which ETF is better, FEIG or MYCF?

On 1-year performance, FEIG leads with 4.85% vs 4.43% for MYCF. On fees, FEIG is cheaper at 0.12% per year. On volatility, MYCF has been the lower-risk option at 0.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FEIG or MYCF?

Over the 1-year period, FEIG has performed better with a 4.85% return vs 4.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FEIG or MYCF?

FEIG is cheaper with a 0.12% expense ratio, compared with 0.15% for MYCF.

Which ETF pays a higher dividend yield, FEIG or MYCF?

FEIG has the higher dividend yield at 4.74%, compared with 4.40% for MYCF.

What is the main difference between FEIG and MYCF?

They also come from different issuers: FlexShares and State Street. Their fees differ too: 0.12% for FEIG and 0.15% for MYCF.

Which has better risk-adjusted returns?

MYCF currently has the higher Sharpe Ratio (7.04 vs 1.11), 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.