MYCI vs. CAFX

Last updated Jun 23, 2026

MYCI (State Street My2029 Corporate Bond ETF) and CAFX (Congress Intermediate Bond ETF) are both exchange-traded funds - MYCI is a Corporate Bonds fund actively managed by State Street, while CAFX is a Intermediate Core Bond fund actively managed by Congress. Both are actively managed. Over the past year, MYCI returned 4.27% vs 3.34% for CAFX. Their correlation of 0.85 suggests significant overlap in exposure. MYCI charges 0.15%/yr vs 0.35%/yr for CAFX.

Performance

MYCI vs. CAFX - Performance Comparison

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

Returns By Period

In the year-to-date period, MYCI achieves a 0.40% return, which is significantly higher than CAFX's 0.18% return.

MYCI

• 1D: -0.12%
• 1M: 0.18%
• YTD: 0.40%
• 6M: 0.69%
• 1Y: 4.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAFX

• 1D: -0.19%
• 1M: 0.20%
• YTD: 0.18%
• 6M: 0.34%
• 1Y: 3.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYCI vs. CAFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCI State Street My2029 Corporate Bond ETF	0.40%	7.59%	-1.58%
CAFX Congress Intermediate Bond ETF	0.18%	6.46%	-1.97%

Correlation

The correlation between MYCI and CAFX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.85

The correlation between MYCI and CAFX has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

Return for Risk

MYCI vs. CAFX — Risk / Return Rank

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

MYCI

MYCI Risk / Return Rank: 61
MYCI Sharpe Ratio Rank: 61
MYCI Sortino Ratio Rank: 66
MYCI Omega Ratio Rank: 65
MYCI Calmar Ratio Rank: 57
MYCI Martin Ratio Rank: 57

CAFX

CAFX Risk / Return Rank: 35
CAFX Sharpe Ratio Rank: 33
CAFX Sortino Ratio Rank: 35
CAFX Omega Ratio Rank: 32
CAFX Calmar Ratio Rank: 39
CAFX Martin Ratio Rank: 36

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. CAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2029 Corporate Bond ETF (MYCI) and Congress Intermediate Bond ETF (CAFX). 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.

	MYCI	CAFX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.16	+0.81
Sortino ratio: Return per unit of downside risk	2.95	1.77	+1.18
Omega ratio: Gain probability vs. loss probability	1.38	1.21	+0.17
Calmar ratio: Return relative to maximum drawdown	2.74	1.88	+0.86
Martin ratio: Return relative to average drawdown	9.80	5.20	+4.60

MYCI vs. CAFX - Sharpe Ratio Comparison

The current MYCI Sharpe Ratio is 1.97, which is higher than the CAFX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of MYCI and CAFX, 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

MYCI vs. CAFX - Drawdown Comparison

The maximum MYCI drawdown since its inception was -2.43%, smaller than the maximum CAFX drawdown of -2.63%. Use the drawdown chart below to compare losses from any high point for MYCI and CAFX.

Drawdown Indicators

	MYCI	CAFX	Difference
Max Drawdown Largest peak-to-trough decline	-2.43%	-2.63%	+0.20%
Max Drawdown (1Y) Largest decline over 1 year	-1.56%	-1.79%	+0.23%
Current Drawdown Current decline from peak	-0.60%	-1.03%	+0.43%
Average Drawdown Average peak-to-trough decline	-0.54%	-0.74%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.44%	0.64%	-0.20%

Volatility

MYCI vs. CAFX - Volatility Comparison

The current volatility for State Street My2029 Corporate Bond ETF (MYCI) is 0.68%, while Congress Intermediate Bond ETF (CAFX) has a volatility of 0.80%. This indicates that MYCI experiences smaller price fluctuations and is considered to be less risky than CAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCI	CAFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	0.80%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	1.59%	1.94%	-0.35%
Volatility (1Y) Calculated over the trailing 1-year period	2.18%	2.91%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.01%	3.16%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.01%	3.16%	-0.15%

MYCI vs. CAFX - Expense Ratio Comparison

MYCI has a 0.15% expense ratio, which is lower than CAFX's 0.35% expense ratio.

Dividends

MYCI vs. CAFX - Dividend Comparison

MYCI's dividend yield for the trailing twelve months is around 4.57%, more than CAFX's 4.01% yield.

Position	TTM	2025	2024
CAFX Congress Intermediate Bond ETF	4.01%	3.92%	0.96%
MYCI State Street My2029 Corporate Bond ETF	4.57%	4.56%	1.19%

Frequently Asked Questions

Can I hold both MYCI and CAFX in my portfolio?

MYCI and CAFX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYCI or CAFX?

CAFX has higher volatility (0.80%) compared to MYCI (0.68%). In terms of maximum drawdown, MYCI dropped -2.43% vs CAFX's -2.63%.

Which ETF is better, MYCI or CAFX?

On 1-year performance, MYCI leads with 4.27% vs 3.34% for CAFX. On fees, MYCI is cheaper at 0.15% per year. On volatility, MYCI has been the lower-risk option at 0.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYCI or CAFX?

Over the 1-year period, MYCI has performed better with a 4.27% return vs 3.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCI or CAFX?

MYCI is cheaper with a 0.15% expense ratio, compared with 0.35% for CAFX.

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

MYCI has the higher dividend yield at 4.57%, compared with 4.01% for CAFX.

What is the main difference between MYCI and CAFX?

MYCI is categorized as Corporate Bonds, while CAFX is Intermediate Core Bond. They also come from different issuers: State Street and Congress. Their fees differ too: 0.15% for MYCI and 0.35% for CAFX.

Which has better risk-adjusted returns?

MYCI currently has the higher Sharpe Ratio (1.97 vs 1.16), 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.