MYCI vs. BNDY

Last updated Jun 4, 2026

MYCI (State Street My2029 Corporate Bond ETF) and BNDY (Horizon Core Bond ETF) are both exchange-traded funds - MYCI is a Corporate Bonds fund actively managed by State Street, while BNDY is a Intermediate Core Bond fund actively managed by Horizon. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. MYCI charges 0.15%/yr vs 0.66%/yr for BNDY.

Performance

MYCI vs. BNDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2029 Corporate Bond ETF (MYCI) and Horizon Core Bond ETF (BNDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCI achieves a 0.45% return, which is significantly lower than BNDY's 1.08% return.

MYCI

• 1D: -0.04%
• 1M: 0.17%
• YTD: 0.45%
• 6M: 0.87%
• 1Y: 4.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDY

• 1D: 0.07%
• 1M: 0.34%
• YTD: 1.08%
• 6M: 1.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYCI vs. BNDY - Yearly Performance Comparison

	2026 (YTD)	2025
MYCI State Street My2029 Corporate Bond ETF	0.45%	3.16%
BNDY Horizon Core Bond ETF	1.08%	5.34%

Correlation

The correlation between MYCI and BNDY is 0.79, 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 Jul 7, 2025	0.79

Return for Risk

MYCI vs. BNDY — Risk / Return Rank

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

MYCI

MYCI Risk / Return Rank: 67
MYCI Sharpe Ratio Rank: 66
MYCI Sortino Ratio Rank: 72
MYCI Omega Ratio Rank: 71
MYCI Calmar Ratio Rank: 62
MYCI Martin Ratio Rank: 63

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.

MYCI vs. BNDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2029 Corporate Bond ETF (MYCI) and Horizon Core Bond ETF (BNDY). 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.

	MYCI	BNDY	Difference
Sharpe ratio Return per unit of total volatility	2.15	—	—
Sortino ratio Return per unit of downside risk	3.22	—	—
Omega ratio Gain probability vs. loss probability	1.42	—	—
Calmar ratio Return relative to maximum drawdown	3.05	—	—
Martin ratio Return relative to average drawdown	11.23	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MYCI	BNDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	1.43	-0.19

Drawdowns

MYCI vs. BNDY - Drawdown Comparison

The maximum MYCI drawdown since its inception was -2.41%, smaller than the maximum BNDY drawdown of -3.93%. Use the drawdown chart below to compare losses from any high point for MYCI and BNDY.

Drawdown Indicators

	MYCI	BNDY	Difference
Max Drawdown Largest peak-to-trough decline	-2.41%	-3.93%	+1.52%
Max Drawdown (1Y) Largest decline over 1 year	-1.56%	—	—
Current Drawdown Current decline from peak	-0.56%	-0.95%	+0.39%
Average Drawdown Average peak-to-trough decline	-0.54%	-0.62%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.42%	—	—

Volatility

Volatility by Period

	MYCI	BNDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.22%	5.01%	-2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.02%	5.01%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.02%	5.01%	-1.99%

MYCI vs. BNDY - Expense Ratio Comparison

MYCI has a 0.15% expense ratio, which is lower than BNDY's 0.66% expense ratio.

Dividends

MYCI vs. BNDY - Dividend Comparison

MYCI's dividend yield for the trailing twelve months is around 4.57%, less than BNDY's 4.82% yield.

Position	TTM	2025	2024
BNDY Horizon Core Bond ETF	4.82%	1.89%	0.00%
MYCI State Street My2029 Corporate Bond ETF	4.57%	4.56%	1.19%

Frequently Asked Questions

Can I hold both MYCI and BNDY in my portfolio?

MYCI and BNDY have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYCI or BNDY?

On fees, MYCI 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, MYCI or BNDY?

MYCI is cheaper with a 0.15% expense ratio, compared with 0.66% for BNDY.

Which ETF pays a higher dividend yield, MYCI or BNDY?

BNDY has the higher dividend yield at 4.82%, compared with 4.57% for MYCI.

What is the main difference between MYCI and BNDY?

MYCI is categorized as Corporate Bonds, while BNDY is Intermediate Core Bond. They also come from different issuers: State Street and Horizon. Their fees differ too: 0.15% for MYCI and 0.66% for BNDY.