MYCL vs. CEMB
MYCL (State Street My2032 Corporate Bond ETF) and CEMB (iShares J.P. Morgan EM Corporate Bond ETF) are both Corporate Bonds funds. MYCL is actively managed, while CEMB is passively managed. Over the past year, MYCL returned 6.13% vs 7.31% for CEMB. A 0.78 correlation means they provide meaningful diversification when combined. MYCL charges 0.15%/yr vs 0.50%/yr for CEMB.
Performance
MYCL vs. CEMB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MYCL achieves a 0.19% return, which is significantly lower than CEMB's 1.49% return.
MYCL
- 1D
- -0.24%
- 1M
- 0.10%
- YTD
- 0.19%
- 6M
- 0.17%
- 1Y
- 6.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEMB
- 1D
- -0.20%
- 1M
- 0.46%
- YTD
- 1.49%
- 6M
- 1.83%
- 1Y
- 7.31%
- 3Y*
- 7.31%
- 5Y*
- 1.97%
- 10Y*
- 3.49%
MYCL vs. CEMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MYCL State Street My2032 Corporate Bond ETF | 0.19% | 9.03% | -2.98% |
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 1.49% | 8.86% | -1.64% |
Correlation
The correlation between MYCL and CEMB is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024 | 0.78 |
The correlation between MYCL and CEMB has been stable across timeframes, ranging from 0.77 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MYCL vs. CEMB — Risk / Return Rank
MYCL
CEMB
MYCL vs. CEMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street My2032 Corporate Bond ETF (MYCL) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB). 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.
| MYCL | CEMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.47 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 2.55 | -0.33 |
| Martin ratioReturn relative to average drawdown | 7.16 | 11.06 | -3.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MYCL | CEMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.40 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.35 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.49 | +0.23 |
Drawdowns
MYCL vs. CEMB - Drawdown Comparison
The maximum MYCL drawdown since its inception was -4.39%, smaller than the maximum CEMB drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for MYCL and CEMB.
Loading charts...
Drawdown Indicators
| MYCL | CEMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.39% | -20.84% | +16.45% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -2.88% | +0.11% |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.84% | — |
Current DrawdownCurrent decline from peak | -1.51% | -0.24% | -1.27% |
Average DrawdownAverage peak-to-trough decline | -1.06% | -3.66% | +2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 0.66% | +0.20% |
Volatility
MYCL vs. CEMB - Volatility Comparison
State Street My2032 Corporate Bond ETF (MYCL) has a higher volatility of 1.24% compared to iShares J.P. Morgan EM Corporate Bond ETF (CEMB) at 1.08%. This indicates that MYCL's price experiences larger fluctuations and is considered to be riskier than CEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MYCL | CEMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 1.08% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.82% | 2.43% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 3.06% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.88% | 5.63% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.88% | 6.30% | -1.42% |
MYCL vs. CEMB - Expense Ratio Comparison
MYCL has a 0.15% expense ratio, which is lower than CEMB's 0.50% expense ratio.
Dividends
MYCL vs. CEMB - Dividend Comparison
MYCL's dividend yield for the trailing twelve months is around 4.66%, less than CEMB's 5.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 5.13% | 5.14% | 5.11% | 4.77% | 4.29% | 3.51% | 3.86% | 4.19% | 4.66% | 4.06% | 4.26% | 4.76% |
MYCL State Street My2032 Corporate Bond ETF | 4.66% | 4.60% | 1.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MYCL and CEMB have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MYCL has higher volatility (1.24%) compared to CEMB (1.08%). In terms of maximum drawdown, MYCL dropped -4.39% vs CEMB's -20.84%.
On 1-year performance, CEMB leads with 7.31% vs 6.13% for MYCL. On fees, MYCL is cheaper at 0.15% per year. On volatility, CEMB has been the lower-risk option at 1.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CEMB has performed better with a 7.31% return vs 6.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MYCL is cheaper with a 0.15% expense ratio, compared with 0.50% for CEMB.
CEMB has the higher dividend yield at 5.13%, compared with 4.66% for MYCL.
They also come from different issuers: State Street and iShares. Their fees differ too: 0.15% for MYCL and 0.50% for CEMB.
CEMB currently has the higher Sharpe Ratio (2.40 vs 1.60), 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.
Find the right allocation for MYCL and CEMB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer