MYCL vs. VCIT

Last updated Jun 4, 2026

MYCL (State Street My2032 Corporate Bond ETF) and VCIT (Vanguard Intermediate-Term Corporate Bond ETF) are both Corporate Bonds funds. MYCL is actively managed, while VCIT is passively managed. Over the past year, MYCL returned 6.13% vs 6.13% for VCIT. With a 0.98 correlation, they move nearly in lockstep. MYCL charges 0.15%/yr vs 0.04%/yr for VCIT.

Performance

MYCL vs. VCIT - Performance Comparison

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

Returns By Period

In the year-to-date period, MYCL achieves a 0.19% return, which is significantly higher than VCIT's 0.18% return.

MYCL

• 1D: -0.24%
• 1M: 0.10%
• YTD: 0.19%
• 6M: 0.17%
• 1Y: 6.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VCIT

• 1D: -0.22%
• 1M: 0.28%
• YTD: 0.18%
• 6M: 0.07%
• 1Y: 6.13%
• 3Y*: 6.00%
• 5Y*: 1.22%
• 10Y*: 2.93%

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

MYCL vs. VCIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCL State Street My2032 Corporate Bond ETF	0.19%	9.03%	-2.98%
VCIT Vanguard Intermediate-Term Corporate Bond ETF	0.18%	9.34%	-2.99%

Correlation

The correlation between MYCL and VCIT is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.98

The correlation between MYCL and VCIT has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

Return for Risk

MYCL vs. VCIT — Risk / Return Rank

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

MYCL

MYCL Risk / Return Rank: 47
MYCL Sharpe Ratio Rank: 47
MYCL Sortino Ratio Rank: 49
MYCL Omega Ratio Rank: 46
MYCL Calmar Ratio Rank: 46
MYCL Martin Ratio Rank: 45

VCIT

VCIT Risk / Return Rank: 42
VCIT Sharpe Ratio Rank: 42
VCIT Sortino Ratio Rank: 43
VCIT Omega Ratio Rank: 40
VCIT Calmar Ratio Rank: 41
VCIT Martin Ratio Rank: 42

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. VCIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2032 Corporate Bond ETF (MYCL) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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	VCIT	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.50	+0.10
Sortino ratio: Return per unit of downside risk	2.38	2.22	+0.15
Omega ratio: Gain probability vs. loss probability	1.28	1.27	+0.02
Calmar ratio: Return relative to maximum drawdown	2.22	2.08	+0.14
Martin ratio: Return relative to average drawdown	7.16	6.95	+0.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MYCL vs. VCIT - Sharpe Ratio Comparison

The current MYCL Sharpe Ratio is 1.60, which is comparable to the VCIT Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of MYCL and VCIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MYCL	VCIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	1.50	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.19	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.75	-0.03

Drawdowns

MYCL vs. VCIT - Drawdown Comparison

The maximum MYCL drawdown since its inception was -4.39%, smaller than the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for MYCL and VCIT.

Drawdown Indicators

	MYCL	VCIT	Difference
Max Drawdown Largest peak-to-trough decline	-4.39%	-20.56%	+16.17%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	-2.96%	+0.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.56%	—
Current Drawdown Current decline from peak	-1.51%	-1.36%	-0.15%
Average Drawdown Average peak-to-trough decline	-1.06%	-3.16%	+2.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.86%	0.88%	-0.02%

Volatility

MYCL vs. VCIT - Volatility Comparison

The current volatility for State Street My2032 Corporate Bond ETF (MYCL) is 1.24%, while Vanguard Intermediate-Term Corporate Bond ETF (VCIT) has a volatility of 1.38%. This indicates that MYCL experiences smaller price fluctuations and is considered to be less risky than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCL	VCIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.24%	1.38%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	2.82%	3.06%	-0.24%
Volatility (1Y) Calculated over the trailing 1-year period	3.85%	4.10%	-0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.88%	6.61%	-1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.88%	6.28%	-1.40%

MYCL vs. VCIT - Expense Ratio Comparison

MYCL has a 0.15% expense ratio, which is higher than VCIT's 0.04% expense ratio. However, 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. VCIT - Dividend Comparison

MYCL's dividend yield for the trailing twelve months is around 4.66%, less than VCIT's 4.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VCIT Vanguard Intermediate-Term Corporate Bond ETF	4.80%	4.62%	4.43%	3.72%	3.03%	2.87%	2.78%	3.37%	3.61%	3.21%	3.29%	3.34%

Frequently Asked Questions

Can I hold both MYCL and VCIT in my portfolio?

With a correlation of 0.98, MYCL and VCIT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MYCL or VCIT?

VCIT has higher volatility (1.38%) compared to MYCL (1.24%). In terms of maximum drawdown, MYCL dropped -4.39% vs VCIT's -20.56%.

Which ETF is better, MYCL or VCIT?

On 1-year performance, VCIT leads with 6.13% vs 6.13% for MYCL. On fees, VCIT is cheaper at 0.04% per year. On volatility, MYCL has been the lower-risk option at 1.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYCL or VCIT?

Over the 1-year period, VCIT has performed better with a 6.13% return vs 6.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCL or VCIT?

VCIT is cheaper with a 0.04% expense ratio, compared with 0.15% for MYCL.

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

VCIT has the higher dividend yield at 4.80%, compared with 4.66% for MYCL.

What is the main difference between MYCL and VCIT?

They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.15% for MYCL and 0.04% for VCIT.

Which has better risk-adjusted returns?

MYCL currently has the higher Sharpe Ratio (1.60 vs 1.50), 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.