MYCJ vs. FBDC

Last updated Jul 14, 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. Over the past year, MYCJ returned 3.73% vs -12.75% for FBDC. At a 0.18 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 0.06% return, which is significantly higher than FBDC's -7.16% return.

MYCJ

• 1D: -0.22%
• 1M: -0.34%
• 6M: 0.22%
• YTD: 0.06%
• 1Y: 3.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FBDC

• 1D: -0.75%
• 1M: 0.63%
• 6M: -7.47%
• YTD: -7.16%
• 1Y: -12.75%
• 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	0.06%	3.55%
FBDC FT Confluence BDC & Specialty Finance Income ETF	-7.16%	-2.66%

Correlation

The correlation between MYCJ and FBDC is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Jun 30, 2025	0.18

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: 47
MYCJ Sharpe Ratio Rank: 49
MYCJ Sortino Ratio Rank: 50
MYCJ Omega Ratio Rank: 47
MYCJ Calmar Ratio Rank: 46
MYCJ Martin Ratio Rank: 45

FBDC

FBDC Risk / Return Rank: 4
FBDC Sharpe Ratio Rank: 3
FBDC Sortino Ratio Rank: 4
FBDC Omega Ratio Rank: 4
FBDC Calmar Ratio Rank: 4
FBDC Martin Ratio Rank: 4

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.

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.

	MYCJ	FBDC	Difference
Sharpe ratio: Return per unit of total volatility	1.36	-0.71	+2.07
Sortino ratio: Return per unit of downside risk	2.00	-0.93	+2.93
Omega ratio: Gain probability vs. loss probability	1.25	0.90	+0.35
Calmar ratio: Return relative to maximum drawdown	1.86	-0.62	+2.48
Martin ratio: Return relative to average drawdown	5.90	-1.05	+6.95

MYCJ vs. FBDC - Sharpe Ratio Comparison

The current MYCJ Sharpe Ratio is 1.36, which is higher than the FBDC Sharpe Ratio of -0.71. The chart below compares the historical Sharpe Ratios of MYCJ and FBDC, 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

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%	-20.60%	+18.58%
Current Drawdown Current decline from peak	-1.11%	-15.10%	+13.99%
Average Drawdown Average peak-to-trough decline	-0.75%	-10.71%	+9.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.63%	12.14%	-11.51%

Volatility

MYCJ vs. FBDC - Volatility Comparison

The current volatility for State Street My2030 Corporate Bond ETF (MYCJ) is 0.94%, while FT Confluence BDC & Specialty Finance Income ETF (FBDC) has a volatility of 4.14%. This indicates that MYCJ experiences smaller price fluctuations and is considered to be less risky than FBDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCJ	FBDC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	4.14%	-3.20%
Volatility (6M) Calculated over the trailing 6-month period	2.13%	14.46%	-12.33%
Volatility (1Y) Calculated over the trailing 1-year period	2.77%	17.98%	-15.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.62%	17.85%	-14.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.62%	17.85%	-14.23%

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 4.66%, less than FBDC's 12.38% yield.

Position	TTM	2025	2024
FBDC FT Confluence BDC & Specialty Finance Income ETF	12.38%	5.41%	0.00%
MYCJ State Street My2030 Corporate Bond ETF	4.66%	4.68%	1.21%

Frequently Asked Questions

Can I hold both MYCJ and FBDC in my portfolio?

MYCJ and FBDC have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYCJ or FBDC?

FBDC has higher volatility (4.14%) compared to MYCJ (0.94%). In terms of maximum drawdown, MYCJ dropped -3.29% vs FBDC's -20.60%.

Which ETF is better, MYCJ or FBDC?

On 1-year performance, MYCJ leads with 3.73% vs -12.75% for FBDC. On fees, MYCJ is cheaper at 0.15% per year. On volatility, MYCJ has been the lower-risk option at 0.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYCJ or FBDC?

Over the 1-year period, MYCJ has performed better with a 3.73% return vs -12.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

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 12.38%, compared with 4.66% 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.

Which has better risk-adjusted returns?

MYCJ currently has the higher Sharpe Ratio (1.36 vs -0.71), 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.