MYCH vs. BSCQ
MYCH (State Street My2028 Corporate Bond ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both Corporate Bonds funds. MYCH is actively managed, while BSCQ is passively managed. Over the past year, MYCH returned 4.12% vs 4.21% for BSCQ. At a 0.43 correlation, their price movements are largely independent. MYCH charges 0.15%/yr vs 0.10%/yr for BSCQ.
Performance
MYCH vs. BSCQ - Performance Comparison
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Returns By Period
In the year-to-date period, MYCH achieves a 0.80% return, which is significantly lower than BSCQ's 1.68% return.
MYCH
- 1D
- 0.08%
- 1M
- 0.31%
- YTD
- 0.80%
- 6M
- 1.07%
- 1Y
- 4.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSCQ
- 1D
- 0.00%
- 1M
- 0.25%
- YTD
- 1.68%
- 6M
- 1.78%
- 1Y
- 4.21%
- 3Y*
- 5.17%
- 5Y*
- 1.51%
- 10Y*
- —
MYCH vs. BSCQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MYCH State Street My2028 Corporate Bond ETF | 0.80% | 7.08% | -1.00% |
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 1.68% | 5.02% | 0.34% |
Correlation
The correlation between MYCH and BSCQ is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024 | 0.43 |
Over the past year, the correlation between MYCH and BSCQ has dropped to 0.11 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
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Return for Risk
MYCH vs. BSCQ — Risk / Return Rank
MYCH
BSCQ
MYCH vs. BSCQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street My2028 Corporate Bond ETF (MYCH) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). 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.
| MYCH | BSCQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.38 | ||
| Sortino ratioReturn per unit of downside risk | -11.22 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 3.40 | -1.85 |
| Calmar ratioReturn relative to maximum drawdown | 3.78 | 41.36 | -37.58 |
| Martin ratioReturn relative to average drawdown | 16.13 | 181.24 | -165.11 |
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Drawdowns
MYCH vs. BSCQ - Drawdown Comparison
The maximum MYCH drawdown since its inception was -1.54%, smaller than the maximum BSCQ drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for MYCH and BSCQ.
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Drawdown Indicators
| MYCH | BSCQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.54% | -16.50% | +14.96% |
Max Drawdown (1Y)Largest decline over 1 year | -1.09% | -0.10% | -0.99% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.13% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.02% | — |
Current DrawdownCurrent decline from peak | -0.16% | -0.03% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -0.32% | -2.83% | +2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 0.02% | +0.24% |
Volatility
MYCH vs. BSCQ - Volatility Comparison
State Street My2028 Corporate Bond ETF (MYCH) has a higher volatility of 0.56% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.12%. This indicates that MYCH's price experiences larger fluctuations and is considered to be riskier than BSCQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MYCH | BSCQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.56% | 0.12% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 1.16% | 0.42% | +0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.61% | 0.61% | +1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.15% | 3.29% | -1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.15% | 4.75% | -2.60% |
MYCH vs. BSCQ - Expense Ratio Comparison
MYCH has a 0.15% expense ratio, which is higher than BSCQ's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MYCH vs. BSCQ - Dividend Comparison
MYCH's dividend yield for the trailing twelve months is around 4.39%, more than BSCQ's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 4.11% | 4.14% | 4.05% | 3.53% | 2.54% | 1.91% | 2.42% | 2.96% | 3.32% | 2.92% | 0.51% |
MYCH State Street My2028 Corporate Bond ETF | 4.39% | 4.52% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MYCH and BSCQ have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MYCH has higher volatility (0.56%) compared to BSCQ (0.12%). In terms of maximum drawdown, MYCH dropped -1.54% vs BSCQ's -16.50%.
On 1-year performance, BSCQ leads with 4.21% vs 4.12% for MYCH. On fees, BSCQ is cheaper at 0.10% per year. On volatility, BSCQ has been the lower-risk option at 0.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BSCQ has performed better with a 4.21% return vs 4.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSCQ is cheaper with a 0.10% expense ratio, compared with 0.15% for MYCH.
MYCH has the higher dividend yield at 4.39%, compared with 4.11% for BSCQ.
They also come from different issuers: State Street and Invesco. Their fees differ too: 0.15% for MYCH and 0.10% for BSCQ.
BSCQ currently has the higher Sharpe Ratio (6.97 vs 2.59), 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.
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