MYCH vs. PCL

Last updated Jun 24, 2026

MYCH (State Street My2028 Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. MYCH charges 0.15%/yr vs 0.25%/yr for PCL.

Performance

MYCH vs. PCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2028 Corporate Bond ETF (MYCH) and PGIM Corporate Bond 10+ Year ETF (PCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCH achieves a 0.80% return, which is significantly lower than PCL's 2.06% return.

MYCH

• 1D: 0.08%
• 1M: 0.31%
• YTD: 0.80%
• 6M: 1.07%
• 1Y: 4.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCL

• 1D: 0.18%
• 1M: 1.57%
• YTD: 2.06%
• 6M: 1.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYCH vs. PCL - Yearly Performance Comparison

	2026 (YTD)	2025
MYCH State Street My2028 Corporate Bond ETF	0.80%	2.84%
PCL PGIM Corporate Bond 10+ Year ETF	2.06%	2.51%

Correlation

The correlation between MYCH and PCL is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 1, 2025	0.71

Return for Risk

MYCH vs. PCL — Risk / Return Rank

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

MYCH

MYCH Risk / Return Rank: 88
MYCH Sharpe Ratio Rank: 88
MYCH Sortino Ratio Rank: 93
MYCH Omega Ratio Rank: 92
MYCH Calmar Ratio Rank: 80
MYCH Martin Ratio Rank: 85

PCL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MYCH vs. PCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2028 Corporate Bond ETF (MYCH) and PGIM Corporate Bond 10+ Year ETF (PCL). 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	PCL	Difference
Sharpe ratio: Return per unit of total volatility	2.59	—	—
Sortino ratio: Return per unit of downside risk	4.21	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	3.78	—	—
Martin ratio: Return relative to average drawdown	16.13	—	—

Drawdowns

MYCH vs. PCL - Drawdown Comparison

The maximum MYCH drawdown since its inception was -1.54%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for MYCH and PCL.

Drawdown Indicators

	MYCH	PCL	Difference
Max Drawdown Largest peak-to-trough decline	-1.54%	-5.14%	+3.60%
Max Drawdown (1Y) Largest decline over 1 year	-1.09%	—	—
Current Drawdown Current decline from peak	-0.16%	-0.91%	+0.75%
Average Drawdown Average peak-to-trough decline	-0.32%	-1.73%	+1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.26%	—	—

Volatility

Volatility by Period

	MYCH	PCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.61%	7.83%	-6.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.15%	7.83%	-5.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.15%	7.83%	-5.68%

MYCH vs. PCL - Expense Ratio Comparison

MYCH has a 0.15% expense ratio, which is lower than PCL's 0.25% expense ratio. Despite the difference, 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. PCL - Dividend Comparison

MYCH's dividend yield for the trailing twelve months is around 4.39%, less than PCL's 5.27% yield.

Position	TTM	2025	2024
MYCH State Street My2028 Corporate Bond ETF	4.39%	4.52%	1.16%
PCL PGIM Corporate Bond 10+ Year ETF	5.27%	2.52%	0.00%

Frequently Asked Questions

Can I hold both MYCH and PCL in my portfolio?

MYCH and PCL have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYCH or PCL?

On fees, MYCH is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYCH or PCL?

MYCH is cheaper with a 0.15% expense ratio, compared with 0.25% for PCL.

Which ETF pays a higher dividend yield, MYCH or PCL?

PCL has the higher dividend yield at 5.27%, compared with 4.39% for MYCH.

What is the main difference between MYCH and PCL?

They also come from different issuers: State Street and PGIM. Their fees differ too: 0.15% for MYCH and 0.25% for PCL.