GTOS vs. MYCG

Last updated Jun 6, 2026

GTOS (Invesco Short Duration Total Return Bond ETF) and MYCG (State Street My2027 Corporate Bond ETF) are both exchange-traded funds - GTOS is a Short-Term Bond fund actively managed by Invesco, while MYCG is a Corporate Bonds fund actively managed by State Street. Both are actively managed. Over the past year, GTOS returned 4.87% vs 4.58% for MYCG. A 0.68 correlation means they provide meaningful diversification when combined. GTOS charges 0.30%/yr vs 0.15%/yr for MYCG.

Performance

GTOS vs. MYCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Short Duration Total Return Bond ETF (GTOS) and State Street My2027 Corporate Bond ETF (MYCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTOS achieves a 0.92% return, which is significantly lower than MYCG's 1.27% return.

GTOS

• 1D: -0.08%
• 1M: 0.02%
• YTD: 0.92%
• 6M: 1.45%
• 1Y: 4.87%
• 3Y*: 5.60%
• 5Y*: —
• 10Y*: —

MYCG

• 1D: -0.10%
• 1M: 0.24%
• YTD: 1.27%
• 6M: 1.70%
• 1Y: 4.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTOS vs. MYCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GTOS Invesco Short Duration Total Return Bond ETF	0.92%	6.23%	0.03%
MYCG State Street My2027 Corporate Bond ETF	1.27%	5.85%	-0.23%

Correlation

The correlation between GTOS and MYCG is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.68

The correlation between GTOS and MYCG has been stable across timeframes, ranging from 0.66 to 0.68 - a consistent structural relationship.

Return for Risk

GTOS vs. MYCG — Risk / Return Rank

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

GTOS

GTOS Risk / Return Rank: 93
GTOS Sharpe Ratio Rank: 95
GTOS Sortino Ratio Rank: 97
GTOS Omega Ratio Rank: 97
GTOS Calmar Ratio Rank: 86
GTOS Martin Ratio Rank: 91

MYCG

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

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.

GTOS vs. MYCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Short Duration Total Return Bond ETF (GTOS) and State Street My2027 Corporate Bond ETF (MYCG). 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.

	GTOS	MYCG	Difference
Sharpe ratio: Return per unit of total volatility	3.53	4.57	-1.04
Sortino ratio: Return per unit of downside risk	5.55	8.29	-2.75
Omega ratio: Gain probability vs. loss probability	1.82	2.17	-0.35
Calmar ratio: Return relative to maximum drawdown	4.35	10.30	-5.96
Martin ratio: Return relative to average drawdown	20.07	49.52	-29.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GTOS vs. MYCG - Sharpe Ratio Comparison

The current GTOS Sharpe Ratio is 3.53, which is comparable to the MYCG Sharpe Ratio of 4.57. The chart below compares the historical Sharpe Ratios of GTOS and MYCG, 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

	GTOS	MYCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.53	4.57	-1.04
Sharpe Ratio (All Time) Calculated using the full available price history	2.75	2.72	+0.04

Drawdowns

GTOS vs. MYCG - Drawdown Comparison

The maximum GTOS drawdown since its inception was -1.83%, which is greater than MYCG's maximum drawdown of -0.86%. Use the drawdown chart below to compare losses from any high point for GTOS and MYCG.

Drawdown Indicators

	GTOS	MYCG	Difference
Max Drawdown Largest peak-to-trough decline	-1.83%	-0.86%	-0.97%
Max Drawdown (1Y) Largest decline over 1 year	-1.12%	-0.45%	-0.67%
Max Drawdown (3Y) Largest decline over 3 years	-1.12%	—	—
Current Drawdown Current decline from peak	-0.23%	-0.10%	-0.13%
Average Drawdown Average peak-to-trough decline	-0.25%	-0.14%	-0.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.24%	0.09%	+0.15%

Volatility

GTOS vs. MYCG - Volatility Comparison

Invesco Short Duration Total Return Bond ETF (GTOS) has a higher volatility of 0.35% compared to State Street My2027 Corporate Bond ETF (MYCG) at 0.20%. This indicates that GTOS's price experiences larger fluctuations and is considered to be riskier than MYCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTOS	MYCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.35%	0.20%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	1.09%	0.53%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	1.39%	1.01%	+0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.85%	1.50%	+0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.85%	1.50%	+0.35%

GTOS vs. MYCG - Expense Ratio Comparison

GTOS has a 0.30% expense ratio, which is higher than MYCG's 0.15% expense ratio.

Dividends

GTOS vs. MYCG - Dividend Comparison

GTOS's dividend yield for the trailing twelve months is around 4.59%, more than MYCG's 4.29% yield.

Position	TTM	2025	2024	2023
GTOS Invesco Short Duration Total Return Bond ETF	4.59%	4.89%	5.50%	5.20%
MYCG State Street My2027 Corporate Bond ETF	4.29%	4.28%	1.16%	0.00%

Frequently Asked Questions

Can I hold both GTOS and MYCG in my portfolio?

GTOS and MYCG have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTOS or MYCG?

GTOS has higher volatility (0.35%) compared to MYCG (0.20%). In terms of maximum drawdown, GTOS dropped -1.83% vs MYCG's -0.86%.

Which ETF is better, GTOS or MYCG?

On 1-year performance, GTOS leads with 4.87% vs 4.58% for MYCG. On fees, MYCG is cheaper at 0.15% per year. On volatility, MYCG has been the lower-risk option at 0.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GTOS or MYCG?

Over the 1-year period, GTOS has performed better with a 4.87% return vs 4.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GTOS or MYCG?

MYCG is cheaper with a 0.15% expense ratio, compared with 0.30% for GTOS.

Which ETF pays a higher dividend yield, GTOS or MYCG?

GTOS has the higher dividend yield at 4.59%, compared with 4.29% for MYCG.

What is the main difference between GTOS and MYCG?

GTOS is categorized as Short-Term Bond, while MYCG is Corporate Bonds. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.30% for GTOS and 0.15% for MYCG.

Which has better risk-adjusted returns?

MYCG currently has the higher Sharpe Ratio (4.57 vs 3.53), 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.