MYCF vs. IBND

Last updated Jun 23, 2026

MYCF (State Street My2026 Corporate Bond ETF) and IBND (SPDR Bloomberg Barclays International Corporate Bond ETF) are both Corporate Bonds funds from State Street. MYCF is actively managed, while IBND is passively managed. Over the past year, MYCF returned 4.41% vs 0.75% for IBND. At a 0.24 correlation, their price movements are largely independent. MYCF charges 0.15%/yr vs 0.50%/yr for IBND.

Performance

MYCF vs. IBND - 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 International Corporate Bond ETF (IBND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCF achieves a 1.82% return, which is significantly higher than IBND's -1.99% return.

MYCF

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

IBND

• 1D: -0.13%
• 1M: -0.81%
• YTD: -1.99%
• 6M: -1.90%
• 1Y: 0.75%
• 3Y*: 5.84%
• 5Y*: -1.24%
• 10Y*: 0.73%

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

MYCF vs. IBND - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCF State Street My2026 Corporate Bond ETF	1.82%	5.12%	0.72%
IBND SPDR Bloomberg Barclays International Corporate Bond ETF	-1.99%	16.17%	-6.60%

Correlation

The correlation between MYCF and IBND is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.24

Return for Risk

MYCF vs. IBND — 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

IBND

IBND Risk / Return Rank: 9
IBND Sharpe Ratio Rank: 10
IBND Sortino Ratio Rank: 9
IBND Omega Ratio Rank: 9
IBND Calmar Ratio Rank: 10
IBND Martin Ratio Rank: 9

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. IBND - 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 International Corporate Bond ETF (IBND). 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.

	MYCF	IBND	Difference
Sharpe ratio: Return per unit of total volatility	7.00	0.09	+6.91
Sortino ratio: Return per unit of downside risk	13.07	0.19	+12.87
Omega ratio: Gain probability vs. loss probability	3.26	1.02	+2.24
Calmar ratio: Return relative to maximum drawdown	36.96	0.11	+36.85
Martin ratio: Return relative to average drawdown	160.36	0.29	+160.07

MYCF vs. IBND - Sharpe Ratio Comparison

The current MYCF Sharpe Ratio is 7.00, which is higher than the IBND Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of MYCF and IBND, 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

MYCF vs. IBND - Drawdown Comparison

The maximum MYCF drawdown since its inception was -0.60%, smaller than the maximum IBND drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for MYCF and IBND.

Drawdown Indicators

	MYCF	IBND	Difference
Max Drawdown Largest peak-to-trough decline	-0.60%	-35.62%	+35.02%
Max Drawdown (1Y) Largest decline over 1 year	-0.12%	-6.75%	+6.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.62%	—
Current Drawdown Current decline from peak	0.00%	-10.29%	+10.29%
Average Drawdown Average peak-to-trough decline	-0.03%	-10.63%	+10.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	2.62%	-2.59%

Volatility

MYCF vs. IBND - Volatility Comparison

The current volatility for State Street My2026 Corporate Bond ETF (MYCF) is 0.14%, while SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) has a volatility of 2.05%. This indicates that MYCF experiences smaller price fluctuations and is considered to be less risky than IBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCF	IBND	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.14%	2.05%	-1.91%
Volatility (6M) Calculated over the trailing 6-month period	0.40%	6.31%	-5.91%
Volatility (1Y) Calculated over the trailing 1-year period	0.63%	8.04%	-7.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.07%	9.75%	-8.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.07%	8.95%	-7.88%

MYCF vs. IBND - Expense Ratio Comparison

MYCF has a 0.15% expense ratio, which is lower than IBND's 0.50% expense ratio.

Dividends

MYCF vs. IBND - Dividend Comparison

MYCF's dividend yield for the trailing twelve months is around 4.40%, more than IBND's 2.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBND SPDR Bloomberg Barclays International Corporate Bond ETF	2.76%	2.49%	2.61%	2.08%	0.54%	0.38%	0.45%	0.67%	0.71%	0.34%	0.01%	0.01%
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 IBND in my portfolio?

MYCF and IBND have a correlation of 0.16, 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 IBND?

IBND has higher volatility (2.05%) compared to MYCF (0.14%). In terms of maximum drawdown, MYCF dropped -0.60% vs IBND's -35.62%.

Which ETF is better, MYCF or IBND?

On 1-year performance, MYCF leads with 4.41% vs 0.75% for IBND. 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, MYCF or IBND?

Over the 1-year period, MYCF has performed better with a 4.41% return vs 0.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCF or IBND?

MYCF is cheaper with a 0.15% expense ratio, compared with 0.50% for IBND.

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

MYCF has the higher dividend yield at 4.40%, compared with 2.76% for IBND.

What is the main difference between MYCF and IBND?

Their fees differ too: 0.15% for MYCF and 0.50% for IBND.

Which has better risk-adjusted returns?

MYCF currently has the higher Sharpe Ratio (7.00 vs 0.09), 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.