GHYG vs. MYHA
GHYG (iShares US & Intl High Yield Corp Bond ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. GHYG is passively managed, while MYHA is actively managed. A 0.78 correlation means they provide meaningful diversification when combined. GHYG charges 0.40%/yr vs 0.39%/yr for MYHA.
Performance
GHYG vs. MYHA - Performance Comparison
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Returns By Period
GHYG
- 1D
- -0.02%
- 1M
- 0.22%
- 6M
- 0.47%
- YTD
- 0.86%
- 1Y
- 4.28%
- 3Y*
- 8.13%
- 5Y*
- 3.38%
- 10Y*
- 4.60%
MYHA
- 1D
- -0.07%
- 1M
- 0.21%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GHYG vs. MYHA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
GHYG iShares US & Intl High Yield Corp Bond ETF | 0.17% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 1.50% |
Correlation
The correlation between GHYG and MYHA is 0.78, 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 | 0.78 |
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Return for Risk
GHYG vs. MYHA — Risk / Return Rank
GHYG
MYHA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GHYG vs. MYHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares US & Intl High Yield Corp Bond ETF (GHYG) 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.
| GHYG | MYHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | — | — |
| Martin ratioReturn relative to average drawdown | 4.05 | — | — |
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Drawdowns
GHYG vs. MYHA - Drawdown Comparison
The maximum GHYG drawdown since its inception was -27.36%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for GHYG and MYHA.
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Drawdown Indicators
| GHYG | MYHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.36% | -0.69% | -26.67% |
Max Drawdown (1Y)Largest decline over 1 year | -3.84% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.36% | — | — |
Current DrawdownCurrent decline from peak | -0.50% | -0.07% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -3.33% | -0.11% | -3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | — | — |
Volatility
GHYG vs. MYHA - Volatility Comparison
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Volatility by Period
| GHYG | MYHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.66% | 1.84% | +2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.63% | 1.84% | +5.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.71% | 1.84% | +6.87% |
GHYG vs. MYHA - Expense Ratio Comparison
GHYG has a 0.40% expense ratio, which is higher than MYHA's 0.39% expense ratio.
Dividends
GHYG vs. MYHA - Dividend Comparison
GHYG's dividend yield for the trailing twelve months is around 6.27%, more than MYHA's 2.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GHYG iShares US & Intl High Yield Corp Bond ETF | 6.27% | 6.03% | 6.11% | 5.60% | 4.64% | 4.57% | 4.36% | 4.61% | 5.62% | 4.60% | 4.61% | 4.79% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 2.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GHYG and MYHA have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MYHA is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MYHA is cheaper with a 0.39% expense ratio, compared with 0.40% for GHYG.
GHYG has the higher dividend yield at 6.27%, compared with 2.06% for MYHA.
They also come from different issuers: iShares and State Street. Their fees differ too: 0.40% for GHYG and 0.39% for MYHA.
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