MYHB vs. FLRT

Last updated Jun 4, 2026

MYHB (State Street My2028 High Yield Corporate Bond ETF) and FLRT (Pacific Global Senior Loan ETF) are both High Yield Bonds funds. MYHB is passively managed, while FLRT is actively managed. At a 0.42 correlation, their price movements are largely independent. MYHB charges 0.39%/yr vs 0.69%/yr for FLRT.

Performance

MYHB vs. FLRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2028 High Yield Corporate Bond ETF (MYHB) and Pacific Global Senior Loan ETF (FLRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MYHB

• 1D: -0.12%
• 1M: 0.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLRT

• 1D: 0.02%
• 1M: 0.81%
• YTD: 1.85%
• 6M: 2.51%
• 1Y: 6.08%
• 3Y*: 8.87%
• 5Y*: 5.98%
• 10Y*: 5.00%

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

MYHB vs. FLRT - Yearly Performance Comparison

	2026 (YTD)
MYHB State Street My2028 High Yield Corporate Bond ETF	1.28%
FLRT Pacific Global Senior Loan ETF	2.26%

Correlation

The correlation between MYHB and FLRT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 27, 2026	0.42

Return for Risk

MYHB vs. FLRT — Risk / Return Rank

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

FLRT

FLRT Risk / Return Rank: 86
FLRT Sharpe Ratio Rank: 95
FLRT Sortino Ratio Rank: 97
FLRT Omega Ratio Rank: 97
FLRT Calmar Ratio Rank: 70
FLRT Martin Ratio Rank: 69

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.

MYHB vs. FLRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2028 High Yield Corporate Bond ETF (MYHB) and Pacific Global Senior Loan ETF (FLRT). 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.

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

Sharpe Ratios by Period

	MYHB	FLRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.89	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	0.75	+0.73

Drawdowns

MYHB vs. FLRT - Drawdown Comparison

The maximum MYHB drawdown since its inception was -1.09%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for MYHB and FLRT.

Drawdown Indicators

	MYHB	FLRT	Difference
Max Drawdown Largest peak-to-trough decline	-1.09%	-20.96%	+19.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.78%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-2.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.96%	—
Current Drawdown Current decline from peak	-0.12%	-0.13%	+0.01%
Average Drawdown Average peak-to-trough decline	-0.25%	-1.41%	+1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.48%	—

Volatility

Volatility by Period

	MYHB	FLRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.33%	1.57%	+1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.33%	2.30%	+1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.33%	6.17%	-2.84%

MYHB vs. FLRT - Expense Ratio Comparison

MYHB has a 0.39% expense ratio, which is lower than FLRT's 0.69% expense ratio.

Dividends

MYHB vs. FLRT - Dividend Comparison

MYHB's dividend yield for the trailing twelve months is around 1.71%, less than FLRT's 6.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRT Pacific Global Senior Loan ETF	6.81%	6.93%	7.93%	8.40%	5.81%	3.16%	3.52%	4.30%	3.95%	3.20%	3.38%	3.21%
MYHB State Street My2028 High Yield Corporate Bond ETF	1.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYHB and FLRT in my portfolio?

MYHB and FLRT have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYHB or FLRT?

On fees, MYHB is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYHB or FLRT?

MYHB is cheaper with a 0.39% expense ratio, compared with 0.69% for FLRT.

Which ETF pays a higher dividend yield, MYHB or FLRT?

FLRT has the higher dividend yield at 6.81%, compared with 1.71% for MYHB.

What is the main difference between MYHB and FLRT?

They also come from different issuers: State Street and Pacific Life. Their fees differ too: 0.39% for MYHB and 0.69% for FLRT.