MYCN vs. VCSH

Last updated Jun 6, 2026

MYCN (State Street My2034 Corporate Bond ETF) and VCSH (Vanguard Short-Term Corporate Bond ETF) are both Corporate Bonds funds. MYCN is actively managed, while VCSH is passively managed. Over the past year, MYCN returned 6.06% vs 4.30% for VCSH. Their correlation of 0.90 suggests significant overlap in exposure. MYCN charges 0.15%/yr vs 0.04%/yr for VCSH.

Performance

MYCN vs. VCSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2034 Corporate Bond ETF (MYCN) and Vanguard Short-Term Corporate Bond ETF (VCSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCN achieves a -0.02% return, which is significantly lower than VCSH's 0.41% return.

MYCN

• 1D: -0.55%
• 1M: -0.73%
• YTD: -0.02%
• 6M: 0.13%
• 1Y: 6.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VCSH

• 1D: -0.29%
• 1M: -0.26%
• YTD: 0.41%
• 6M: 0.83%
• 1Y: 4.30%
• 3Y*: 5.47%
• 5Y*: 2.27%
• 10Y*: 2.67%

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

MYCN vs. VCSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCN State Street My2034 Corporate Bond ETF	-0.02%	9.13%	-3.40%
VCSH Vanguard Short-Term Corporate Bond ETF	0.41%	6.77%	-0.56%

Correlation

The correlation between MYCN and VCSH is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.90

The correlation between MYCN and VCSH has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

MYCN vs. VCSH — Risk / Return Rank

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

MYCN

MYCN Risk / Return Rank: 42
MYCN Sharpe Ratio Rank: 42
MYCN Sortino Ratio Rank: 43
MYCN Omega Ratio Rank: 40
MYCN Calmar Ratio Rank: 44
MYCN Martin Ratio Rank: 44

VCSH

VCSH Risk / Return Rank: 73
VCSH Sharpe Ratio Rank: 72
VCSH Sortino Ratio Rank: 81
VCSH Omega Ratio Rank: 77
VCSH Calmar Ratio Rank: 64
VCSH Martin Ratio Rank: 70

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.

MYCN vs. VCSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2034 Corporate Bond ETF (MYCN) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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.

	MYCN	VCSH	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.29	-0.93
Sortino ratio: Return per unit of downside risk	2.00	3.54	-1.54
Omega ratio: Gain probability vs. loss probability	1.24	1.44	-0.20
Calmar ratio: Return relative to maximum drawdown	2.01	3.08	-1.07
Martin ratio: Return relative to average drawdown	6.66	12.69	-6.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MYCN vs. VCSH - Sharpe Ratio Comparison

The current MYCN Sharpe Ratio is 1.36, which is lower than the VCSH Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of MYCN and VCSH, 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

	MYCN	VCSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.29	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.01	-0.45

Drawdowns

MYCN vs. VCSH - Drawdown Comparison

The maximum MYCN drawdown since its inception was -5.01%, smaller than the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for MYCN and VCSH.

Drawdown Indicators

	MYCN	VCSH	Difference
Max Drawdown Largest peak-to-trough decline	-5.01%	-12.86%	+7.85%
Max Drawdown (1Y) Largest decline over 1 year	-3.03%	-1.40%	-1.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-12.86%	—
Current Drawdown Current decline from peak	-1.66%	-0.55%	-1.11%
Average Drawdown Average peak-to-trough decline	-1.26%	-0.97%	-0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	0.34%	+0.57%

Volatility

MYCN vs. VCSH - Volatility Comparison

State Street My2034 Corporate Bond ETF (MYCN) has a higher volatility of 1.48% compared to Vanguard Short-Term Corporate Bond ETF (VCSH) at 0.62%. This indicates that MYCN's price experiences larger fluctuations and is considered to be riskier than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYCN	VCSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.48%	0.62%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	3.35%	1.41%	+1.94%
Volatility (1Y) Calculated over the trailing 1-year period	4.48%	1.90%	+2.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.64%	2.88%	+2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.64%	3.35%	+2.29%

MYCN vs. VCSH - Expense Ratio Comparison

MYCN has a 0.15% expense ratio, which is higher than VCSH'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

MYCN vs. VCSH - Dividend Comparison

MYCN's dividend yield for the trailing twelve months is around 5.02%, more than VCSH's 4.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MYCN State Street My2034 Corporate Bond ETF	5.02%	4.92%	1.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VCSH Vanguard Short-Term Corporate Bond ETF	4.46%	4.35%	3.96%	3.09%	2.01%	1.81%	2.27%	2.87%	2.65%	2.26%	2.10%	2.08%

Frequently Asked Questions

Can I hold both MYCN and VCSH in my portfolio?

With a correlation of 0.90, MYCN and VCSH 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, MYCN or VCSH?

MYCN has higher volatility (1.48%) compared to VCSH (0.62%). In terms of maximum drawdown, MYCN dropped -5.01% vs VCSH's -12.86%.

Which ETF is better, MYCN or VCSH?

On 1-year performance, MYCN leads with 6.06% vs 4.30% for VCSH. On fees, VCSH is cheaper at 0.04% per year. On volatility, VCSH has been the lower-risk option at 0.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYCN or VCSH?

Over the 1-year period, MYCN has performed better with a 6.06% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCN or VCSH?

VCSH is cheaper with a 0.04% expense ratio, compared with 0.15% for MYCN.

Which ETF pays a higher dividend yield, MYCN or VCSH?

MYCN has the higher dividend yield at 5.02%, compared with 4.46% for VCSH.

What is the main difference between MYCN and VCSH?

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

Which has better risk-adjusted returns?

VCSH currently has the higher Sharpe Ratio (2.29 vs 1.36), 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.