GTOQ vs. MYHA

Last updated Jul 12, 2026

GTOQ (Invesco High Yield Systematic Bond ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.39% expense ratio.

Performance

GTOQ vs. MYHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco High Yield Systematic Bond ETF (GTOQ) and State Street My2027 High Yield Corporate Bond ETF (MYHA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GTOQ

• 1D: -0.04%
• 1M: 0.17%
• 6M: 1.53%
• YTD: 1.97%
• 1Y: 6.14%
• 3Y*: 8.67%
• 5Y*: 3.75%
• 10Y*: —

MYHA

• 1D: 0.00%
• 1M: 0.28%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTOQ vs. MYHA - Yearly Performance Comparison

	2026 (YTD)
GTOQ Invesco High Yield Systematic Bond ETF	1.25%
MYHA State Street My2027 High Yield Corporate Bond ETF	1.57%

Correlation

The correlation between GTOQ and MYHA is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	0.89

Return for Risk

GTOQ vs. MYHA — Risk / Return Rank

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

GTOQ

GTOQ Risk / Return Rank: 61
GTOQ Sharpe Ratio Rank: 62
GTOQ Sortino Ratio Rank: 66
GTOQ Omega Ratio Rank: 65
GTOQ Calmar Ratio Rank: 50
GTOQ Martin Ratio Rank: 61

MYHA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

GTOQ vs. MYHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Systematic Bond ETF (GTOQ) 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.

	GTOQ	MYHA	Difference
Sharpe ratio: Return per unit of total volatility	1.64	—	—
Sortino ratio: Return per unit of downside risk	2.43	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.00	—	—
Martin ratio: Return relative to average drawdown	8.64	—	—

Drawdowns

GTOQ vs. MYHA - Drawdown Comparison

The maximum GTOQ drawdown since its inception was -15.96%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for GTOQ and MYHA.

Drawdown Indicators

	GTOQ	MYHA	Difference
Max Drawdown Largest peak-to-trough decline	-15.96%	-0.69%	-15.27%
Max Drawdown (1Y) Largest decline over 1 year	-2.95%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.96%	—	—
Current Drawdown Current decline from peak	-0.09%	0.00%	-0.09%
Average Drawdown Average peak-to-trough decline	-3.25%	-0.12%	-3.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	—	—

Volatility

Volatility by Period

	GTOQ	MYHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.60%	1.84%	+1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.72%	1.84%	+3.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.49%	1.84%	+3.65%

GTOQ vs. MYHA - Expense Ratio Comparison

Both GTOQ and MYHA have an expense ratio of 0.39%.

Dividends

GTOQ vs. MYHA - Dividend Comparison

GTOQ's dividend yield for the trailing twelve months is around 6.82%, more than MYHA's 2.06% yield.

Position	TTM	2025	2024	2023	2022	2021
GTOQ Invesco High Yield Systematic Bond ETF	6.82%	7.04%	7.20%	6.76%	6.17%	4.86%
MYHA State Street My2027 High Yield Corporate Bond ETF	2.06%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTOQ and MYHA in my portfolio?

GTOQ and MYHA have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTOQ or MYHA?

Both ETFs have the same 0.39% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTOQ or MYHA?

GTOQ and MYHA have the same expense ratio: 0.39% per year.

Which ETF pays a higher dividend yield, GTOQ or MYHA?

GTOQ has the higher dividend yield at 6.82%, compared with 2.06% for MYHA.

What is the main difference between GTOQ and MYHA?

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