MYCL vs. PCL

Last updated Jun 24, 2026

MYCL (State Street My2032 Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. MYCL charges 0.15%/yr vs 0.25%/yr for PCL.

Performance

MYCL vs. PCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2032 Corporate Bond ETF (MYCL) and PGIM Corporate Bond 10+ Year ETF (PCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCL achieves a 0.35% return, which is significantly lower than PCL's 2.06% return.

MYCL

• 1D: 0.16%
• 1M: 0.43%
• YTD: 0.35%
• 6M: 0.53%
• 1Y: 5.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCL

• 1D: 0.18%
• 1M: 1.57%
• YTD: 2.06%
• 6M: 1.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYCL vs. PCL - Yearly Performance Comparison

	2026 (YTD)	2025
MYCL State Street My2032 Corporate Bond ETF	0.35%	3.67%
PCL PGIM Corporate Bond 10+ Year ETF	2.06%	2.51%

Correlation

The correlation between MYCL and PCL is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 1, 2025	0.89

Return for Risk

MYCL vs. PCL — Risk / Return Rank

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

MYCL

MYCL Risk / Return Rank: 42
MYCL Sharpe Ratio Rank: 44
MYCL Sortino Ratio Rank: 44
MYCL Omega Ratio Rank: 41
MYCL Calmar Ratio Rank: 42
MYCL Martin Ratio Rank: 40

PCL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MYCL vs. PCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2032 Corporate Bond ETF (MYCL) and PGIM Corporate Bond 10+ Year ETF (PCL). 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.

	MYCL	PCL	Difference
Sharpe ratio: Return per unit of total volatility	1.40	—	—
Sortino ratio: Return per unit of downside risk	2.06	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	1.94	—	—
Martin ratio: Return relative to average drawdown	5.86	—	—

Drawdowns

MYCL vs. PCL - Drawdown Comparison

The maximum MYCL drawdown since its inception was -4.39%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for MYCL and PCL.

Drawdown Indicators

	MYCL	PCL	Difference
Max Drawdown Largest peak-to-trough decline	-4.39%	-5.14%	+0.75%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	—	—
Current Drawdown Current decline from peak	-1.35%	-0.91%	-0.44%
Average Drawdown Average peak-to-trough decline	-1.07%	-1.73%	+0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	—	—

Volatility

Volatility by Period

	MYCL	PCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.85%	7.83%	-3.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.87%	7.83%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.87%	7.83%	-2.96%

MYCL vs. PCL - Expense Ratio Comparison

MYCL has a 0.15% expense ratio, which is lower than PCL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

MYCL vs. PCL - Dividend Comparison

MYCL's dividend yield for the trailing twelve months is around 4.65%, less than PCL's 5.27% yield.

Position	TTM	2025	2024
MYCL State Street My2032 Corporate Bond ETF	4.65%	4.60%	1.27%
PCL PGIM Corporate Bond 10+ Year ETF	5.27%	2.52%	0.00%

Frequently Asked Questions

Can I hold both MYCL and PCL in my portfolio?

MYCL and PCL have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYCL or PCL?

On fees, MYCL 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, MYCL or PCL?

MYCL is cheaper with a 0.15% expense ratio, compared with 0.25% for PCL.

Which ETF pays a higher dividend yield, MYCL or PCL?

PCL has the higher dividend yield at 5.27%, compared with 4.65% for MYCL.

What is the main difference between MYCL and PCL?

They also come from different issuers: State Street and PGIM. Their fees differ too: 0.15% for MYCL and 0.25% for PCL.