FLDR vs. MYCF

Last updated Jun 5, 2026

FLDR (Fidelity Low Duration Bond Factor ETF) and MYCF (State Street My2026 Corporate Bond ETF) are both Corporate Bonds funds. FLDR is passively managed, while MYCF is actively managed. Over the past year, FLDR returned 4.70% vs 4.60% for MYCF. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.

Performance

FLDR vs. MYCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Low Duration Bond Factor ETF (FLDR) 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, FLDR achieves a 1.44% return, which is significantly lower than MYCF's 1.68% return.

FLDR

• 1D: 0.00%
• 1M: 0.35%
• YTD: 1.44%
• 6M: 1.76%
• 1Y: 4.70%
• 3Y*: 5.35%
• 5Y*: 3.70%
• 10Y*: —

MYCF

• 1D: 0.04%
• 1M: 0.43%
• YTD: 1.68%
• 6M: 2.06%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLDR vs. MYCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLDR Fidelity Low Duration Bond Factor ETF	1.44%	5.41%	0.79%
MYCF State Street My2026 Corporate Bond ETF	1.68%	5.12%	0.74%

Correlation

The correlation between FLDR and MYCF is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.37

The correlation between FLDR and MYCF shifts across timeframes, from 0.19 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FLDR vs. MYCF — Risk / Return Rank

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

FLDR

FLDR Risk / Return Rank: 98
FLDR Sharpe Ratio Rank: 98
FLDR Sortino Ratio Rank: 99
FLDR Omega Ratio Rank: 99
FLDR Calmar Ratio Rank: 97
FLDR Martin Ratio Rank: 98

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.

FLDR vs. MYCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Low Duration Bond Factor ETF (FLDR) 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.

	FLDR	MYCF	Difference
Sharpe ratio: Return per unit of total volatility	5.88	6.98	-1.11
Sortino ratio: Return per unit of downside risk	9.93	13.23	-3.30
Omega ratio: Gain probability vs. loss probability	2.73	3.22	-0.49
Calmar ratio: Return relative to maximum drawdown	10.10	38.54	-28.44
Martin ratio: Return relative to average drawdown	69.31	164.15	-94.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLDR vs. MYCF - Sharpe Ratio Comparison

The current FLDR Sharpe Ratio is 5.88, which is comparable to the MYCF Sharpe Ratio of 6.98. The chart below compares the historical Sharpe Ratios of FLDR 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.

Sharpe Ratios by Period

	FLDR	MYCF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.88	6.98	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	4.14	-3.53

Drawdowns

FLDR vs. MYCF - Drawdown Comparison

The maximum FLDR drawdown since its inception was -12.23%, which is greater than MYCF's maximum drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for FLDR and MYCF.

Drawdown Indicators

	FLDR	MYCF	Difference
Max Drawdown Largest peak-to-trough decline	-12.23%	-0.60%	-11.63%
Max Drawdown (1Y) Largest decline over 1 year	-0.47%	-0.12%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-0.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-2.33%	—	—
Current Drawdown Current decline from peak	-0.02%	0.00%	-0.02%
Average Drawdown Average peak-to-trough decline	-0.35%	-0.03%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.07%	0.03%	+0.04%

Volatility

FLDR vs. MYCF - Volatility Comparison

Fidelity Low Duration Bond Factor ETF (FLDR) has a higher volatility of 0.19% compared to State Street My2026 Corporate Bond ETF (MYCF) at 0.16%. This indicates that FLDR'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

	FLDR	MYCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.19%	0.16%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	0.58%	0.42%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	0.80%	0.66%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.21%	1.08%	+0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.26%	1.08%	+4.18%

FLDR vs. MYCF - Expense Ratio Comparison

Both FLDR and MYCF have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

FLDR vs. MYCF - Dividend Comparison

FLDR's dividend yield for the trailing twelve months is around 4.43%, which matches MYCF's 4.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLDR Fidelity Low Duration Bond Factor ETF	4.43%	4.66%	5.50%	5.28%	2.09%	0.51%	1.22%	2.69%	1.38%
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%

Frequently Asked Questions

Can I hold both FLDR and MYCF in my portfolio?

FLDR and MYCF have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLDR or MYCF?

FLDR has higher volatility (0.19%) compared to MYCF (0.16%). In terms of maximum drawdown, FLDR dropped -12.23% vs MYCF's -0.60%.

Which ETF is better, FLDR or MYCF?

On 1-year performance, FLDR leads with 4.70% vs 4.60% for MYCF. Both ETFs have the same 0.15% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLDR or MYCF?

Over the 1-year period, FLDR has performed better with a 4.70% return vs 4.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLDR or MYCF?

FLDR and MYCF have the same expense ratio: 0.15% per year.

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

FLDR has the higher dividend yield at 4.43%, compared with 4.40% for MYCF.

What is the main difference between FLDR and MYCF?

They also come from different issuers: Fidelity and State Street.

Which has better risk-adjusted returns?

MYCF currently has the higher Sharpe Ratio (6.98 vs 5.88), 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.