MYHB vs. XLK
MYHB (State Street My2028 High Yield Corporate Bond ETF) and XLK (State Street Technology 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 XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. Both are passively managed. Their 0.55 correlation means they have sometimes moved together and sometimes differently. MYHB charges 0.39%/yr vs 0.08%/yr for XLK.
Performance
MYHB vs. XLK - Performance Comparison
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Returns By Period
MYHB
- 1D
- 0.02%
- 1M
- 0.30%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
XLK
- 1D
- -0.22%
- 1M
- -2.90%
- 6M
- 22.17%
- YTD
- 22.09%
- 1Y
- 37.14%
- 3Y*
- 26.04%
- 5Y*
- 18.87%
- 10Y*
- 23.77%
- ALL TIME*
- 10.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.36K | $1.00K | $8.02K | |
| $1.61B | $1.67B | $2.22B |
MYHB vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MYHB State Street My2028 High Yield Corporate Bond ETF | 2.03% |
XLK State Street Technology Select Sector SPDR ETF | 22.91% |
Correlation
The correlation between MYHB and XLK is 0.55, 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 | 0.55 |
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Return for Risk
MYHB vs. XLK — Risk / Return Rank
MYHB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLK
MYHB vs. XLK - 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 Technology Select Sector SPDR ETF (XLK). 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 | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.16 | — |
| Martin ratioReturn relative to average drawdown | — | 5.85 | — |
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Drawdowns
MYHB vs. XLK - Drawdown Comparison
The maximum MYHB drawdown since its inception was -1.09%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for MYHB and XLK.
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Drawdown Indicators
| MYHB | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.09% | -82.05% | +80.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.92% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.56% | — |
Current DrawdownCurrent decline from peak | 0.00% | -11.43% | +11.43% |
Average DrawdownAverage peak-to-trough decline | -0.18% | -34.80% | +34.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.86% | — |
Volatility
MYHB vs. XLK - Volatility Comparison
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Volatility by Period
| MYHB | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.58% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.81% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.78% | 25.59% | -22.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.78% | 25.75% | -22.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.78% | 24.90% | -22.12% |
MYHB vs. XLK - Expense Ratio Comparison
MYHB has a 0.39% expense ratio, which is higher than XLK's 0.08% expense ratio.
Dividends
MYHB vs. XLK - Dividend Comparison
MYHB's dividend yield for the trailing twelve months is around 2.22%, more than XLK's 0.45% 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% |
XLK State Street Technology Select Sector SPDR ETF | 0.45% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
MYHB and XLK have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLK is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLK is cheaper with a 0.08% expense ratio, compared with 0.39% for MYHB.
MYHB has the higher dividend yield at 2.22%, compared with 0.45% for XLK.
MYHB is categorized as High Yield Bonds, while XLK is Technology Equities. MYHB tracks ICE 2028 Maturity US High Yield Index, while XLK tracks S&P Technology Select Sector Daily Capped 35/20 Index. Their fees differ too: 0.39% for MYHB and 0.08% for XLK.
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