MYCJ vs. FLOT

Last updated Jun 23, 2026

MYCJ (State Street My2030 Corporate Bond ETF) and FLOT (iShares Floating Rate Bond ETF) are both exchange-traded funds - MYCJ is a Corporate Bonds fund actively managed by State Street, while FLOT is a Ultrashort Bond fund tracking the Bloomberg US Floating Rate Note < 5 Years Index. MYCJ is actively managed, while FLOT is passively managed. Over the past year, MYCJ returned 4.49% vs 4.74% for FLOT. At a 0.18 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.

Performance

MYCJ vs. FLOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2030 Corporate Bond ETF (MYCJ) and iShares Floating Rate Bond ETF (FLOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCJ achieves a 0.17% return, which is significantly lower than FLOT's 2.01% return.

MYCJ

• 1D: -0.18%
• 1M: 0.19%
• YTD: 0.17%
• 6M: 0.47%
• 1Y: 4.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLOT

• 1D: -0.02%
• 1M: 0.31%
• YTD: 2.01%
• 6M: 2.15%
• 1Y: 4.74%
• 3Y*: 5.59%
• 5Y*: 4.22%
• 10Y*: 3.04%

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

MYCJ vs. FLOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCJ State Street My2030 Corporate Bond ETF	0.17%	8.32%	-2.24%
FLOT iShares Floating Rate Bond ETF	2.01%	4.91%	1.61%

Correlation

The correlation between MYCJ and FLOT is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.18

Return for Risk

MYCJ vs. FLOT — Risk / Return Rank

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

MYCJ

MYCJ Risk / Return Rank: 48
MYCJ Sharpe Ratio Rank: 48
MYCJ Sortino Ratio Rank: 52
MYCJ Omega Ratio Rank: 48
MYCJ Calmar Ratio Rank: 47
MYCJ Martin Ratio Rank: 46

FLOT

FLOT Risk / Return Rank: 98
FLOT Sharpe Ratio Rank: 99
FLOT Sortino Ratio Rank: 99
FLOT Omega Ratio Rank: 99
FLOT Calmar Ratio Rank: 97
FLOT Martin Ratio Rank: 99

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. FLOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2030 Corporate Bond ETF (MYCJ) and iShares Floating Rate Bond ETF (FLOT). 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	FLOT	Difference
Sharpe ratio: Return per unit of total volatility	1.62	6.36	-4.75
Sortino ratio: Return per unit of downside risk	2.41	11.46	-9.06
Omega ratio: Gain probability vs. loss probability	1.30	3.11	-1.81
Calmar ratio: Return relative to maximum drawdown	2.23	11.03	-8.80
Martin ratio: Return relative to average drawdown	7.30	102.10	-94.80

MYCJ vs. FLOT - Sharpe Ratio Comparison

The current MYCJ Sharpe Ratio is 1.62, which is lower than the FLOT Sharpe Ratio of 6.36. The chart below compares the historical Sharpe Ratios of MYCJ and FLOT, 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. FLOT - Drawdown Comparison

The maximum MYCJ drawdown since its inception was -3.29%, smaller than the maximum FLOT drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for MYCJ and FLOT.

Drawdown Indicators

	MYCJ	FLOT	Difference
Max Drawdown Largest peak-to-trough decline	-3.29%	-13.54%	+10.25%
Max Drawdown (1Y) Largest decline over 1 year	-2.02%	-0.43%	-1.59%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-13.54%	—
Current Drawdown Current decline from peak	-0.99%	-0.02%	-0.97%
Average Drawdown Average peak-to-trough decline	-0.75%	-0.21%	-0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.62%	0.05%	+0.57%

Volatility

MYCJ vs. FLOT - Volatility Comparison

State Street My2030 Corporate Bond ETF (MYCJ) has a higher volatility of 0.91% compared to iShares Floating Rate Bond ETF (FLOT) at 0.21%. This indicates that MYCJ's price experiences larger fluctuations and is considered to be riskier than FLOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCJ	FLOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.91%	0.21%	+0.70%
Volatility (6M) Calculated over the trailing 6-month period	2.08%	0.63%	+1.45%
Volatility (1Y) Calculated over the trailing 1-year period	2.80%	0.75%	+2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.65%	1.78%	+1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.65%	4.15%	-0.50%

MYCJ vs. FLOT - Expense Ratio Comparison

Both MYCJ and FLOT have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

MYCJ vs. FLOT - Dividend Comparison

MYCJ's dividend yield for the trailing twelve months is around 4.66%, more than FLOT's 4.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLOT iShares Floating Rate Bond ETF	4.53%	4.84%	5.82%	5.66%	2.06%	0.43%	1.25%	2.78%	2.41%	1.46%	0.97%	0.53%
MYCJ State Street My2030 Corporate Bond ETF	4.66%	4.68%	1.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYCJ and FLOT in my portfolio?

MYCJ and FLOT have a correlation of 0.20, 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 FLOT?

MYCJ has higher volatility (0.91%) compared to FLOT (0.21%). In terms of maximum drawdown, MYCJ dropped -3.29% vs FLOT's -13.54%.

Which ETF is better, MYCJ or FLOT?

On 1-year performance, FLOT leads with 4.74% vs 4.49% for MYCJ. Both ETFs have the same 0.15% expense ratio. On volatility, FLOT has been the lower-risk option at 0.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYCJ or FLOT?

Over the 1-year period, FLOT has performed better with a 4.74% return vs 4.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCJ or FLOT?

MYCJ and FLOT have the same expense ratio: 0.15% per year.

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

MYCJ has the higher dividend yield at 4.66%, compared with 4.53% for FLOT.

What is the main difference between MYCJ and FLOT?

MYCJ is categorized as Corporate Bonds, while FLOT is Ultrashort Bond. They also come from different issuers: State Street and iShares.

Which has better risk-adjusted returns?

FLOT currently has the higher Sharpe Ratio (6.36 vs 1.62), 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.