HYGV vs. MYHA
HYGV (FlexShares High Yield Value-Scored US Bond Index Fund) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. HYGV is passively managed, while MYHA is actively managed. Their correlation of 0.89 suggests significant overlap in exposure. HYGV charges 0.37%/yr vs 0.39%/yr for MYHA.
Performance
HYGV vs. MYHA - Performance Comparison
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Returns By Period
HYGV
- 1D
- -0.22%
- 1M
- 0.08%
- 6M
- 1.30%
- YTD
- 1.84%
- 1Y
- 5.94%
- 3Y*
- 7.90%
- 5Y*
- 3.31%
- 10Y*
- —
MYHA
- 1D
- -0.07%
- 1M
- 0.21%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYGV vs. MYHA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 0.83% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 1.50% |
Correlation
The correlation between HYGV 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 |
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Return for Risk
HYGV vs. MYHA — Risk / Return Rank
HYGV
MYHA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYGV vs. MYHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) 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.
| HYGV | MYHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | — | — |
| Martin ratioReturn relative to average drawdown | 9.64 | — | — |
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Drawdowns
HYGV vs. MYHA - Drawdown Comparison
The maximum HYGV drawdown since its inception was -23.47%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for HYGV and MYHA.
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Drawdown Indicators
| HYGV | MYHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.47% | -0.69% | -22.78% |
Max Drawdown (1Y)Largest decline over 1 year | -2.68% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.12% | — | — |
Current DrawdownCurrent decline from peak | -0.42% | -0.07% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -3.28% | -0.11% | -3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | — | — |
Volatility
HYGV vs. MYHA - Volatility Comparison
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Volatility by Period
| HYGV | MYHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.09% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.84% | 1.84% | +2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.60% | 1.84% | +5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.14% | 1.84% | +7.30% |
HYGV vs. MYHA - Expense Ratio Comparison
HYGV has a 0.37% expense ratio, which is lower than MYHA's 0.39% expense ratio.
Dividends
HYGV vs. MYHA - Dividend Comparison
HYGV's dividend yield for the trailing twelve months is around 7.40%, more than MYHA's 2.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 7.40% | 7.48% | 8.20% | 8.77% | 7.64% | 6.07% | 6.18% | 7.95% | 5.63% |
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% |
Frequently Asked Questions
HYGV 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.
On fees, HYGV is cheaper at 0.37% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYGV is cheaper with a 0.37% expense ratio, compared with 0.39% for MYHA.
HYGV has the higher dividend yield at 7.40%, compared with 2.06% for MYHA.
They also come from different issuers: Northern Trust and State Street. Their fees differ too: 0.37% for HYGV and 0.39% for MYHA.
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