MYCG vs. FLDR

Last updated Jul 15, 2026

MYCG (State Street My2027 Corporate Bond ETF) and FLDR (Fidelity Low Duration Bond Factor ETF) are both exchange-traded funds - MYCG is a Corporate Bonds fund actively managed by State Street, while FLDR is a Short-Term Bond fund tracking the Fidelity Low Duration Investment Grade Factor Index. MYCG is actively managed, while FLDR is passively managed. Over the past year, MYCG returned 4.42% vs 4.49% for FLDR. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.

Performance

MYCG vs. FLDR - Performance Comparison

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

Returns By Period

In the year-to-date period, MYCG achieves a 1.70% return, which is significantly lower than FLDR's 1.83% return.

MYCG

• 1D: 0.06%
• 1M: 0.22%
• 6M: 1.64%
• YTD: 1.70%
• 1Y: 4.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLDR

• 1D: 0.04%
• 1M: 0.25%
• 6M: 1.74%
• YTD: 1.83%
• 1Y: 4.49%
• 3Y*: 5.28%
• 5Y*: 3.72%
• 10Y*: —

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

MYCG vs. FLDR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCG State Street My2027 Corporate Bond ETF	1.70%	5.85%	-0.23%
FLDR Fidelity Low Duration Bond Factor ETF	1.83%	5.41%	0.81%

Correlation

The correlation between MYCG and FLDR is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.57

The correlation between MYCG and FLDR has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.

Return for Risk

MYCG vs. FLDR — Risk / Return Rank

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

MYCG

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

FLDR

FLDR Risk / Return Rank: 98
FLDR Sharpe Ratio Rank: 99
FLDR Sortino Ratio Rank: 99
FLDR Omega Ratio Rank: 99
FLDR Calmar Ratio Rank: 98
FLDR 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.

MYCG vs. FLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2027 Corporate Bond ETF (MYCG) and Fidelity Low Duration Bond Factor ETF (FLDR). 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.

	MYCG	FLDR	Difference
Sharpe ratio: Return per unit of total volatility	4.69	5.64	-0.96
Sortino ratio: Return per unit of downside risk	8.65	9.36	-0.71
Omega ratio: Gain probability vs. loss probability	2.26	2.61	-0.35
Calmar ratio: Return relative to maximum drawdown	9.93	9.65	+0.28
Martin ratio: Return relative to average drawdown	48.90	65.59	-16.70

MYCG vs. FLDR - Sharpe Ratio Comparison

The current MYCG Sharpe Ratio is 4.69, which is comparable to the FLDR Sharpe Ratio of 5.64. The chart below compares the historical Sharpe Ratios of MYCG and FLDR, 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

MYCG vs. FLDR - Drawdown Comparison

The maximum MYCG drawdown since its inception was -0.86%, smaller than the maximum FLDR drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for MYCG and FLDR.

Drawdown Indicators

	MYCG	FLDR	Difference
Max Drawdown Largest peak-to-trough decline	-0.86%	-12.23%	+11.37%
Max Drawdown (1Y) Largest decline over 1 year	-0.45%	-0.47%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.33%	—
Current Drawdown Current decline from peak	-0.00%	-0.03%	+0.03%
Average Drawdown Average peak-to-trough decline	-0.13%	-0.35%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.09%	0.07%	+0.02%

Volatility

MYCG vs. FLDR - Volatility Comparison

The current volatility for State Street My2027 Corporate Bond ETF (MYCG) is 0.20%, while Fidelity Low Duration Bond Factor ETF (FLDR) has a volatility of 0.22%. This indicates that MYCG experiences smaller price fluctuations and is considered to be less risky than FLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCG	FLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.20%	0.22%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	0.52%	0.61%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	0.95%	0.80%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.46%	1.21%	+0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.46%	5.23%	-3.77%

MYCG vs. FLDR - Expense Ratio Comparison

Both MYCG and FLDR 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

MYCG vs. FLDR - Dividend Comparison

MYCG's dividend yield for the trailing twelve months is around 4.29%, which matches FLDR's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLDR Fidelity Low Duration Bond Factor ETF	4.33%	4.66%	5.50%	5.28%	2.09%	0.51%	1.22%	2.69%	1.38%
MYCG State Street My2027 Corporate Bond ETF	4.29%	4.28%	1.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYCG and FLDR in my portfolio?

MYCG and FLDR have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYCG or FLDR?

FLDR has higher volatility (0.22%) compared to MYCG (0.20%). In terms of maximum drawdown, MYCG dropped -0.86% vs FLDR's -12.23%.

Which ETF is better, MYCG or FLDR?

On 1-year performance, FLDR leads with 4.49% vs 4.42% for MYCG. 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, MYCG or FLDR?

Over the 1-year period, FLDR has performed better with a 4.49% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCG or FLDR?

MYCG and FLDR have the same expense ratio: 0.15% per year.

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

FLDR has the higher dividend yield at 4.33%, compared with 4.29% for MYCG.

What is the main difference between MYCG and FLDR?

MYCG is categorized as Corporate Bonds, while FLDR is Short-Term Bond. They also come from different issuers: State Street and Fidelity.

Which has better risk-adjusted returns?

FLDR currently has the higher Sharpe Ratio (5.64 vs 4.69), 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.