MYHB vs. SPYG
MYHB (State Street My2028 High Yield Corporate Bond ETF) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - MYHB is a High Yield Bonds fund tracking the ICE 2028 Maturity US High Yield Index, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. MYHB charges 0.39%/yr vs 0.04%/yr for SPYG.
Performance
MYHB vs. SPYG - Performance Comparison
Loading charts...
Returns By Period
MYHB
- 1D
- 0.02%
- 1M
- 0.30%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SPYG
- 1D
- 1.45%
- 1M
- -0.05%
- 6M
- 9.50%
- YTD
- 10.06%
- 1Y
- 21.72%
- 3Y*
- 24.04%
- 5Y*
- 13.28%
- 10Y*
- 17.38%
- ALL TIME*
- 7.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.36K | $1.00K | $8.02K | |
| $321.11M | $273.47M | $308.09M |
MYHB vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MYHB State Street My2028 High Yield Corporate Bond ETF | 2.03% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 10.98% |
Correlation
The correlation between MYHB and SPYG is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026 | 0.67 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MYHB vs. SPYG — Risk / Return Rank
MYHB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SPYG
MYHB vs. SPYG - 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 State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
| MYHB | SPYG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.42 | — |
| Martin ratioReturn relative to average drawdown | — | 5.17 | — |
Loading charts...
Drawdowns
MYHB vs. SPYG - Drawdown Comparison
The maximum MYHB drawdown since its inception was -1.09%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for MYHB and SPYG.
Loading charts...
Drawdown Indicators
| MYHB | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.09% | -67.63% | +66.54% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.76% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.67% | — |
Current DrawdownCurrent decline from peak | 0.00% | -4.33% | +4.33% |
Average DrawdownAverage peak-to-trough decline | -0.18% | -24.20% | +24.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.78% | — |
Volatility
MYHB vs. SPYG - Volatility Comparison
Loading charts...
Volatility by Period
| MYHB | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.08% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.85% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.78% | 18.18% | -15.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.78% | 21.50% | -18.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.78% | 20.79% | -18.01% |
MYHB vs. SPYG - Expense Ratio Comparison
MYHB has a 0.39% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Dividends
MYHB vs. SPYG - Dividend Comparison
MYHB's dividend yield for the trailing twelve months is around 2.22%, more than SPYG's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MYHB State Street My2028 High Yield Corporate Bond ETF | 2.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.49% | 0.52% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% |
Frequently Asked Questions
MYHB and SPYG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYG is cheaper with a 0.04% expense ratio, compared with 0.39% for MYHB.
MYHB has the higher dividend yield at 2.22%, compared with 0.49% for SPYG.
MYHB is categorized as High Yield Bonds, while SPYG is S&P 500. MYHB tracks ICE 2028 Maturity US High Yield Index, while SPYG tracks S&P 500 Growth Index. Their fees differ too: 0.39% for MYHB and 0.04% for SPYG.
Find the right allocation for MYHB and SPYG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer