KRBN vs. MYCF

Last updated Jun 23, 2026

KRBN (KraneShares Global Carbon ETF) and MYCF (State Street My2026 Corporate Bond ETF) are both exchange-traded funds - KRBN is a Commodities fund tracking the IHS Markit Global Carbon Index, while MYCF is a Corporate Bonds fund actively managed by State Street. KRBN is passively managed, while MYCF is actively managed. Over the past year, KRBN returned 13.56% vs 4.41% for MYCF. At a correlation of -0.00, they often move in opposite directions. KRBN charges 0.79%/yr vs 0.15%/yr for MYCF.

Performance

KRBN vs. MYCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Global Carbon ETF (KRBN) 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, KRBN achieves a -4.32% return, which is significantly lower than MYCF's 1.82% return.

KRBN

• 1D: 1.47%
• 1M: 4.92%
• YTD: -4.32%
• 6M: -4.00%
• 1Y: 13.56%
• 3Y*: 0.90%
• 5Y*: 6.37%
• 10Y*: —

MYCF

• 1D: 0.02%
• 1M: 0.31%
• YTD: 1.82%
• 6M: 1.98%
• 1Y: 4.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KRBN vs. MYCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KRBN KraneShares Global Carbon ETF	-4.32%	23.11%	0.58%
MYCF State Street My2026 Corporate Bond ETF	1.82%	5.12%	0.72%

Correlation

The correlation between KRBN and MYCF is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	-0.00

Return for Risk

KRBN vs. MYCF — Risk / Return Rank

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

KRBN

KRBN Risk / Return Rank: 18
KRBN Sharpe Ratio Rank: 21
KRBN Sortino Ratio Rank: 19
KRBN Omega Ratio Rank: 20
KRBN Calmar Ratio Rank: 14
KRBN Martin Ratio Rank: 15

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.

KRBN vs. MYCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Global Carbon ETF (KRBN) 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.

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.

	KRBN	MYCF	Difference
Sharpe ratio: Return per unit of total volatility	0.71	7.00	-6.29
Sortino ratio: Return per unit of downside risk	1.04	13.07	-12.03
Omega ratio: Gain probability vs. loss probability	1.14	3.26	-2.12
Calmar ratio: Return relative to maximum drawdown	0.55	36.96	-36.42
Martin ratio: Return relative to average drawdown	1.39	160.36	-158.97

KRBN vs. MYCF - Sharpe Ratio Comparison

The current KRBN Sharpe Ratio is 0.71, which is lower than the MYCF Sharpe Ratio of 7.00. The chart below compares the historical Sharpe Ratios of KRBN 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.

Drawdowns

KRBN vs. MYCF - Drawdown Comparison

The maximum KRBN drawdown since its inception was -36.42%, which is greater than MYCF's maximum drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for KRBN and MYCF.

Drawdown Indicators

	KRBN	MYCF	Difference
Max Drawdown Largest peak-to-trough decline	-36.42%	-0.60%	-35.82%
Max Drawdown (1Y) Largest decline over 1 year	-24.98%	-0.12%	-24.86%
Max Drawdown (3Y) Largest decline over 3 years	-27.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.42%	—	—
Current Drawdown Current decline from peak	-12.78%	0.00%	-12.78%
Average Drawdown Average peak-to-trough decline	-16.12%	-0.03%	-16.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.76%	0.03%	+9.73%

Volatility

KRBN vs. MYCF - Volatility Comparison

KraneShares Global Carbon ETF (KRBN) has a higher volatility of 5.04% compared to State Street My2026 Corporate Bond ETF (MYCF) at 0.14%. This indicates that KRBN'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

	KRBN	MYCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	0.14%	+4.90%
Volatility (6M) Calculated over the trailing 6-month period	16.81%	0.40%	+16.41%
Volatility (1Y) Calculated over the trailing 1-year period	19.13%	0.63%	+18.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.05%	1.07%	+26.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.56%	1.07%	+27.49%

KRBN vs. MYCF - Expense Ratio Comparison

KRBN has a 0.79% expense ratio, which is higher than MYCF's 0.15% expense ratio.

Dividends

KRBN vs. MYCF - Dividend Comparison

KRBN's dividend yield for the trailing twelve months is around 1.99%, less than MYCF's 4.40% yield.

Position	TTM	2025	2024	2023	2022	2021
KRBN KraneShares Global Carbon ETF	1.99%	1.90%	7.10%	7.60%	22.91%	0.49%
MYCF State Street My2026 Corporate Bond ETF	4.40%	4.50%	1.21%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KRBN and MYCF in my portfolio?

KRBN and MYCF have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KRBN or MYCF?

KRBN has higher volatility (5.04%) compared to MYCF (0.14%). In terms of maximum drawdown, KRBN dropped -36.42% vs MYCF's -0.60%.

Which ETF is better, KRBN or MYCF?

On 1-year performance, KRBN leads with 13.56% vs 4.41% for MYCF. On fees, MYCF is cheaper at 0.15% per year. On volatility, MYCF has been the lower-risk option at 0.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KRBN or MYCF?

Over the 1-year period, KRBN has performed better with a 13.56% return vs 4.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KRBN or MYCF?

MYCF is cheaper with a 0.15% expense ratio, compared with 0.79% for KRBN.

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

MYCF has the higher dividend yield at 4.40%, compared with 1.99% for KRBN.

What is the main difference between KRBN and MYCF?

KRBN is categorized as Commodities, while MYCF is Corporate Bonds. They also come from different issuers: CICC and State Street. Their fees differ too: 0.79% for KRBN and 0.15% for MYCF.

Which has better risk-adjusted returns?

MYCF currently has the higher Sharpe Ratio (7.00 vs 0.71), 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.