MYCO vs. PCL

Last updated Jul 12, 2026

MYCO (SPDR SSGA My2035 Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. Both are actively managed. With a 0.95 correlation, they move nearly in lockstep. MYCO charges 0.15%/yr vs 0.25%/yr for PCL.

Performance

MYCO vs. PCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR SSGA My2035 Corporate Bond ETF (MYCO) 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, MYCO achieves a -0.16% return, which is significantly lower than PCL's 0.10% return.

MYCO

• 1D: -0.19%
• 1M: -0.50%
• 6M: -0.29%
• YTD: -0.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCL

• 1D: -0.30%
• 1M: -1.79%
• 6M: -0.66%
• YTD: 0.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYCO vs. PCL - Yearly Performance Comparison

	2026 (YTD)	2025
MYCO SPDR SSGA My2035 Corporate Bond ETF	-0.16%	0.67%
PCL PGIM Corporate Bond 10+ Year ETF	0.10%	-1.51%

Correlation

The correlation between MYCO and PCL is 0.95 - 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 (All Time) Calculated using the full available price history since Sep 17, 2025	0.95

Return for Risk

MYCO vs. PCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA My2035 Corporate Bond ETF (MYCO) 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.

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

Drawdowns

MYCO vs. PCL - Drawdown Comparison

The maximum MYCO drawdown since its inception was -3.25%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for MYCO and PCL.

Drawdown Indicators

	MYCO	PCL	Difference
Max Drawdown Largest peak-to-trough decline	-3.25%	-5.14%	+1.89%
Current Drawdown Current decline from peak	-1.81%	-2.85%	+1.04%
Average Drawdown Average peak-to-trough decline	-0.92%	-1.70%	+0.78%

Volatility

Volatility by Period

	MYCO	PCL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	7.84%	-3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	7.84%	-3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.68%	7.84%	-3.16%

MYCO vs. PCL - Expense Ratio Comparison

MYCO 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

MYCO vs. PCL - Dividend Comparison

MYCO's dividend yield for the trailing twelve months is around 3.82%, less than PCL's 5.86% yield.

Position	TTM	2025
MYCO SPDR SSGA My2035 Corporate Bond ETF	3.82%	1.41%
PCL PGIM Corporate Bond 10+ Year ETF	5.86%	2.52%

Frequently Asked Questions

Can I hold both MYCO and PCL in my portfolio?

With a correlation of 0.95, MYCO and PCL 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 ETF is better, MYCO or PCL?

On fees, MYCO 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, MYCO or PCL?

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

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

PCL has the higher dividend yield at 5.86%, compared with 3.82% for MYCO.

What is the main difference between MYCO and PCL?

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