MYCF vs. FLRN

Last updated Jun 4, 2026

MYCF (State Street My2026 Corporate Bond ETF) and FLRN (SPDR Bloomberg Barclays Investment Grade Floating Rate ETF) are both Corporate Bonds funds from State Street. MYCF is actively managed, while FLRN is passively managed. Over the past year, MYCF returned 4.60% vs 4.88% for FLRN. At a 0.10 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.

Performance

MYCF vs. FLRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2026 Corporate Bond ETF (MYCF) and SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCF achieves a 1.63% return, which is significantly lower than FLRN's 1.87% return.

MYCF

• 1D: 0.04%
• 1M: 0.41%
• YTD: 1.63%
• 6M: 2.04%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLRN

• 1D: 0.03%
• 1M: 0.45%
• YTD: 1.87%
• 6M: 2.19%
• 1Y: 4.88%
• 3Y*: 5.67%
• 5Y*: 4.19%
• 10Y*: 3.03%

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

MYCF vs. FLRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCF State Street My2026 Corporate Bond ETF	1.63%	5.12%	0.74%
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF	1.87%	5.01%	1.48%

Correlation

The correlation between MYCF and FLRN is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.10

Return for Risk

MYCF vs. FLRN — Risk / Return Rank

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

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

FLRN

FLRN Risk / Return Rank: 99
FLRN Sharpe Ratio Rank: 99
FLRN Sortino Ratio Rank: 99
FLRN Omega Ratio Rank: 99
FLRN Calmar Ratio Rank: 99
FLRN 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.

MYCF vs. FLRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2026 Corporate Bond ETF (MYCF) and SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN). 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.

	MYCF	FLRN	Difference
Sharpe ratio: Return per unit of total volatility	6.98	7.18	-0.20
Sortino ratio: Return per unit of downside risk	13.23	13.18	+0.04
Omega ratio: Gain probability vs. loss probability	3.22	3.44	-0.22
Calmar ratio: Return relative to maximum drawdown	38.53	21.54	+16.99
Martin ratio: Return relative to average drawdown	164.09	130.06	+34.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MYCF vs. FLRN - Sharpe Ratio Comparison

The current MYCF Sharpe Ratio is 6.98, which is comparable to the FLRN Sharpe Ratio of 7.18. The chart below compares the historical Sharpe Ratios of MYCF and FLRN, 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

	MYCF	FLRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.98	7.18	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.12	0.50	+3.63

Drawdowns

MYCF vs. FLRN - Drawdown Comparison

The maximum MYCF drawdown since its inception was -0.60%, smaller than the maximum FLRN drawdown of -14.64%. Use the drawdown chart below to compare losses from any high point for MYCF and FLRN.

Drawdown Indicators

	MYCF	FLRN	Difference
Max Drawdown Largest peak-to-trough decline	-0.60%	-14.64%	+14.04%
Max Drawdown (1Y) Largest decline over 1 year	-0.12%	-0.23%	+0.11%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.16%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.64%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.03%	-1.83%	+1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	0.04%	-0.01%

Volatility

MYCF vs. FLRN - Volatility Comparison

State Street My2026 Corporate Bond ETF (MYCF) and SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) have volatilities of 0.15% and 0.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCF	FLRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.15%	0.15%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	0.43%	0.52%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	0.66%	0.68%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.09%	1.69%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.09%	4.20%	-3.11%

MYCF vs. FLRN - Expense Ratio Comparison

Both MYCF and FLRN have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

MYCF vs. FLRN - Dividend Comparison

MYCF's dividend yield for the trailing twelve months is around 4.40%, less than FLRN's 4.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF	4.51%	4.89%	5.67%	5.68%	1.95%	0.39%	1.22%	2.76%	2.39%	1.64%	1.06%	0.63%
MYCF State Street My2026 Corporate Bond ETF	4.40%	4.50%	1.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYCF and FLRN in my portfolio?

MYCF and FLRN have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYCF or FLRN?

FLRN has higher volatility (0.15%) compared to MYCF (0.15%). In terms of maximum drawdown, MYCF dropped -0.60% vs FLRN's -14.64%.

Which ETF is better, MYCF or FLRN?

On 1-year performance, FLRN leads with 4.88% vs 4.60% for MYCF. Both ETFs have the same 0.15% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYCF or FLRN?

Over the 1-year period, FLRN has performed better with a 4.88% return vs 4.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCF or FLRN?

MYCF and FLRN have the same expense ratio: 0.15% per year.

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

FLRN has the higher dividend yield at 4.51%, compared with 4.40% for MYCF.

Which has better risk-adjusted returns?

FLRN currently has the higher Sharpe Ratio (7.18 vs 6.98), 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.