MYHB vs. XLE

Last updated Jun 5, 2026

MYHB (State Street My2028 High Yield Corporate Bond ETF) and XLE (State Street Energy Select Sector SPDR ETF) are both exchange-traded funds - MYHB is a High Yield Bonds fund tracking the ICE 2028 Maturity US High Yield Index, while XLE is a Energy Equities fund tracking the Energy Select Sector Index. Both are passively managed. At a correlation of -0.41, they often move in opposite directions. MYHB charges 0.39%/yr vs 0.08%/yr for XLE.

Performance

MYHB vs. XLE - 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 State Street Energy Select Sector SPDR ETF (XLE). 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*: —

XLE

• 1D: 0.07%
• 1M: -1.18%
• YTD: 32.26%
• 6M: 29.34%
• 1Y: 47.98%
• 3Y*: 17.74%
• 5Y*: 20.45%
• 10Y*: 9.99%

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

MYHB vs. XLE - Yearly Performance Comparison

	2026 (YTD)
MYHB State Street My2028 High Yield Corporate Bond ETF	1.40%
XLE State Street Energy Select Sector SPDR ETF	7.42%

Correlation

The correlation between MYHB and XLE is -0.41, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 27, 2026	-0.41

Return for Risk

MYHB vs. XLE — Risk / Return Rank

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

XLE

XLE Risk / Return Rank: 70
XLE Sharpe Ratio Rank: 74
XLE Sortino Ratio Rank: 67
XLE Omega Ratio Rank: 64
XLE Calmar Ratio Rank: 79
XLE Martin Ratio Rank: 65

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. XLE - 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 Energy Select Sector SPDR ETF (XLE). 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	XLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.36	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	0.31	+1.30

Drawdowns

MYHB vs. XLE - Drawdown Comparison

The maximum MYHB drawdown since its inception was -1.09%, smaller than the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for MYHB and XLE.

Drawdown Indicators

	MYHB	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-1.09%	-71.26%	+70.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.05%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.81%	—
Current Drawdown Current decline from peak	0.00%	-6.09%	+6.09%
Average Drawdown Average peak-to-trough decline	-0.24%	-17.98%	+17.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.15%	—

Volatility

Volatility by Period

	MYHB	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.31%	20.50%	-17.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.31%	26.01%	-22.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.31%	29.58%	-26.27%

MYHB vs. XLE - Expense Ratio Comparison

MYHB has a 0.39% expense ratio, which is higher than XLE's 0.08% expense ratio.

Dividends

MYHB vs. XLE - Dividend Comparison

MYHB's dividend yield for the trailing twelve months is around 1.71%, less than XLE's 2.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
XLE State Street Energy Select Sector SPDR ETF	2.54%	3.28%	3.36%	3.55%	3.68%	4.21%	5.62%	6.72%	3.54%	3.03%	2.26%	3.39%

Frequently Asked Questions

Can I hold both MYHB and XLE in my portfolio?

MYHB and XLE have a correlation of -0.41, 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 XLE?

On fees, XLE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYHB or XLE?

XLE is cheaper with a 0.08% expense ratio, compared with 0.39% for MYHB.

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

XLE has the higher dividend yield at 2.54%, compared with 1.71% for MYHB.

What is the main difference between MYHB and XLE?

MYHB is categorized as High Yield Bonds, while XLE is Energy Equities. MYHB tracks ICE 2028 Maturity US High Yield Index, while XLE tracks Energy Select Sector Index. Their fees differ too: 0.39% for MYHB and 0.08% for XLE.