MYCJ vs. FBDC

Last updated Jun 4, 2026

MYCJ (State Street My2030 Corporate Bond ETF) and FBDC (FT Confluence BDC & Specialty Finance Income ETF) are both exchange-traded funds - MYCJ is a Corporate Bonds fund actively managed by State Street, while FBDC is a Financials Equities fund actively managed by First Trust. Both are actively managed. At a 0.16 correlation, their price movements are largely independent. MYCJ charges 0.15%/yr vs 1.35%/yr for FBDC.

Performance

MYCJ vs. FBDC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2030 Corporate Bond ETF (MYCJ) and FT Confluence BDC & Specialty Finance Income ETF (FBDC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCJ achieves a 0.23% return, which is significantly higher than FBDC's -9.51% return.

MYCJ

• 1D: -0.12%
• 1M: 0.13%
• YTD: 0.23%
• 6M: 0.47%
• 1Y: 5.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FBDC

• 1D: -2.98%
• 1M: -7.81%
• YTD: -9.51%
• 6M: -10.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYCJ vs. FBDC - Yearly Performance Comparison

	2026 (YTD)	2025
MYCJ State Street My2030 Corporate Bond ETF	0.23%	3.27%
FBDC FT Confluence BDC & Specialty Finance Income ETF	-9.51%	-2.43%

Correlation

The correlation between MYCJ and FBDC is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.16

Return for Risk

MYCJ vs. FBDC — Risk / Return Rank

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

MYCJ

MYCJ Risk / Return Rank: 54
MYCJ Sharpe Ratio Rank: 54
MYCJ Sortino Ratio Rank: 58
MYCJ Omega Ratio Rank: 55
MYCJ Calmar Ratio Rank: 52
MYCJ Martin Ratio Rank: 51

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.

MYCJ vs. FBDC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2030 Corporate Bond ETF (MYCJ) and FT Confluence BDC & Specialty Finance Income ETF (FBDC). 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.

	MYCJ	FBDC	Difference
Sharpe ratio Return per unit of total volatility	1.80	—	—
Sortino ratio Return per unit of downside risk	2.73	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	2.49	—	—
Martin ratio Return relative to average drawdown	8.58	—	—
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

	MYCJ	FBDC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	-0.70	+1.69

Drawdowns

MYCJ vs. FBDC - Drawdown Comparison

The maximum MYCJ drawdown since its inception was -3.29%, smaller than the maximum FBDC drawdown of -20.60%. Use the drawdown chart below to compare losses from any high point for MYCJ and FBDC.

Drawdown Indicators

	MYCJ	FBDC	Difference
Max Drawdown Largest peak-to-trough decline	-3.29%	-20.60%	+17.31%
Max Drawdown (1Y) Largest decline over 1 year	-2.02%	—	—
Current Drawdown Current decline from peak	-0.93%	-17.24%	+16.31%
Average Drawdown Average peak-to-trough decline	-0.75%	-10.14%	+9.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.59%	—	—

Volatility

Volatility by Period

	MYCJ	FBDC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.79%	18.06%	-15.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.65%	18.06%	-14.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.65%	18.06%	-14.41%

MYCJ vs. FBDC - Expense Ratio Comparison

MYCJ has a 0.15% expense ratio, which is lower than FBDC's 1.35% expense ratio.

Dividends

MYCJ vs. FBDC - Dividend Comparison

MYCJ's dividend yield for the trailing twelve months is around 4.65%, less than FBDC's 11.52% yield.

Position	TTM	2025	2024
FBDC FT Confluence BDC & Specialty Finance Income ETF	11.52%	5.41%	0.00%
MYCJ State Street My2030 Corporate Bond ETF	4.65%	4.68%	1.21%

Frequently Asked Questions

Can I hold both MYCJ and FBDC in my portfolio?

MYCJ and FBDC have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYCJ or FBDC?

On fees, MYCJ 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, MYCJ or FBDC?

MYCJ is cheaper with a 0.15% expense ratio, compared with 1.35% for FBDC.

Which ETF pays a higher dividend yield, MYCJ or FBDC?

FBDC has the higher dividend yield at 11.52%, compared with 4.65% for MYCJ.

What is the main difference between MYCJ and FBDC?

MYCJ is categorized as Corporate Bonds, while FBDC is Financials Equities. They also come from different issuers: State Street and First Trust. Their fees differ too: 0.15% for MYCJ and 1.35% for FBDC.