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FIIG vs. MYCF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FIIG vs. MYCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) and State Street My2026 Corporate Bond ETF (MYCF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FIIG achieves a -0.30% return, which is significantly lower than MYCF's 1.82% return.


FIIG

1D
-0.10%
1M
0.78%
YTD
-0.30%
6M
0.05%
1Y
4.29%
3Y*
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)

FIIG vs. MYCF - Yearly Performance Comparison


Correlation

The correlation between FIIG and MYCF is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Sep 24, 2024

0.44

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Return for Risk

FIIG vs. MYCF — Risk / Return Rank

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

FIIG
FIIG Risk / Return Rank: 2828
Overall Rank
FIIG Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
FIIG Sortino Ratio Rank: 2626
Sortino Ratio Rank
FIIG Omega Ratio Rank: 2525
Omega Ratio Rank
FIIG Calmar Ratio Rank: 2929
Calmar Ratio Rank
FIIG Martin Ratio Rank: 3131
Martin Ratio Rank

MYCF
MYCF Risk / Return Rank: 9999
Overall Rank
MYCF Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
MYCF Sortino Ratio Rank: 9999
Sortino Ratio Rank
MYCF Omega Ratio Rank: 9999
Omega Ratio Rank
MYCF Calmar Ratio Rank: 9999
Calmar Ratio Rank
MYCF Martin Ratio Rank: 9999
Martin Ratio Rank
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.

FIIG vs. MYCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) 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.


FIIGMYCFDifference
Sharpe ratioReturn per unit of total volatility

-6.11

Sortino ratioReturn per unit of downside risk

-11.79

Omega ratioGain probability vs. loss probability

1.17

3.29

-2.13

Calmar ratioReturn relative to maximum drawdown

1.37

37.14

-35.77

Martin ratioReturn relative to average drawdown

4.19

161.12

-156.93

FIIG vs. MYCF - Sharpe Ratio Comparison

The current FIIG Sharpe Ratio is 0.93, which is lower than the MYCF Sharpe Ratio of 7.04. The chart below compares the historical Sharpe Ratios of FIIG 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.


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Drawdowns

FIIG vs. MYCF - Drawdown Comparison

The maximum FIIG drawdown since its inception was -5.50%, which is greater than MYCF's maximum drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for FIIG and MYCF.


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Drawdown Indicators


FIIGMYCFDifference

Max Drawdown

Largest peak-to-trough decline

-5.50%

-0.60%

-4.90%

Max Drawdown (1Y)

Largest decline over 1 year

-3.15%

-0.12%

-3.03%

Current Drawdown

Current decline from peak

-1.25%

0.00%

-1.25%

Average Drawdown

Average peak-to-trough decline

-1.39%

-0.03%

-1.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.03%

0.03%

+1.00%

Volatility

FIIG vs. MYCF - Volatility Comparison

First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) has a higher volatility of 1.25% compared to State Street My2026 Corporate Bond ETF (MYCF) at 0.14%. This indicates that FIIG'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


FIIGMYCFDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.25%

0.14%

+1.11%

Volatility (6M)

Calculated over the trailing 6-month period

3.50%

0.40%

+3.10%

Volatility (1Y)

Calculated over the trailing 1-year period

4.62%

0.63%

+3.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.89%

1.07%

+4.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.89%

1.07%

+4.82%

FIIG vs. MYCF - Expense Ratio Comparison

FIIG has a 0.65% expense ratio, which is higher than MYCF's 0.15% expense ratio.


Dividends

FIIG vs. MYCF - Dividend Comparison

FIIG's dividend yield for the trailing twelve months is around 4.95%, more than MYCF's 4.40% yield.


PositionTTM202520242023
FIIG
First Trust Intermediate Duration Investment Grade Corporate ETF
4.95%4.76%4.45%1.72%
MYCF
State Street My2026 Corporate Bond ETF
4.40%4.50%1.21%0.00%

Frequently Asked Questions


FIIG and MYCF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FIIG has higher volatility (1.25%) compared to MYCF (0.14%). In terms of maximum drawdown, FIIG dropped -5.50% vs MYCF's -0.60%.

On 1-year performance, MYCF leads with 4.43% vs 4.29% for FIIG. On fees, MYCF is cheaper at 0.15% 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.

Over the 1-year period, MYCF has performed better with a 4.43% return vs 4.29%. 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 0.65% for FIIG.

FIIG has the higher dividend yield at 4.95%, compared with 4.40% for MYCF.

They also come from different issuers: First Trust and State Street. Their fees differ too: 0.65% for FIIG and 0.15% for MYCF.

MYCF currently has the higher Sharpe Ratio (7.04 vs 0.93), 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.

Portfolio Optimizer

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