MYHC vs. FSYD

Last updated Jun 5, 2026

MYHC (State Street My2029 High Yield Corporate Bond ETF) and FSYD (Fidelity Sustainable High Yield ETF) are both High Yield Bonds funds. MYHC is passively managed, while FSYD is actively managed. With a 0.95 correlation, they move nearly in lockstep. MYHC charges 0.39%/yr vs 0.55%/yr for FSYD.

Performance

MYHC vs. FSYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2029 High Yield Corporate Bond ETF (MYHC) and Fidelity Sustainable High Yield ETF (FSYD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MYHC

• 1D: 0.14%
• 1M: 0.75%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSYD

• 1D: 0.06%
• 1M: 0.60%
• YTD: 3.41%
• 6M: 4.01%
• 1Y: 9.98%
• 3Y*: 9.61%
• 5Y*: —
• 10Y*: —

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

MYHC vs. FSYD - Yearly Performance Comparison

	2026 (YTD)
MYHC State Street My2029 High Yield Corporate Bond ETF	1.93%
FSYD Fidelity Sustainable High Yield ETF	1.70%

Correlation

The correlation between MYHC and FSYD 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 Feb 27, 2026	0.95

Return for Risk

MYHC vs. FSYD — Risk / Return Rank

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

FSYD

FSYD Risk / Return Rank: 79
FSYD Sharpe Ratio Rank: 76
FSYD Sortino Ratio Rank: 84
FSYD Omega Ratio Rank: 83
FSYD Calmar Ratio Rank: 75
FSYD Martin Ratio Rank: 78

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.

MYHC vs. FSYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2029 High Yield Corporate Bond ETF (MYHC) and Fidelity Sustainable High Yield ETF (FSYD). 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

	MYHC	FSYD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.58	0.77	+0.80

Drawdowns

MYHC vs. FSYD - Drawdown Comparison

The maximum MYHC drawdown since its inception was -1.57%, smaller than the maximum FSYD drawdown of -12.11%. Use the drawdown chart below to compare losses from any high point for MYHC and FSYD.

Drawdown Indicators

	MYHC	FSYD	Difference
Max Drawdown Largest peak-to-trough decline	-1.57%	-12.11%	+10.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.49%	—
Current Drawdown Current decline from peak	-0.06%	-0.20%	+0.14%
Average Drawdown Average peak-to-trough decline	-0.35%	-2.40%	+2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.67%	—

Volatility

Volatility by Period

	MYHC	FSYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	4.11%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	7.85%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.68%	7.85%	-3.17%

MYHC vs. FSYD - Expense Ratio Comparison

MYHC has a 0.39% expense ratio, which is lower than FSYD's 0.55% expense ratio.

Dividends

MYHC vs. FSYD - Dividend Comparison

MYHC's dividend yield for the trailing twelve months is around 1.86%, less than FSYD's 6.32% yield.

Position	TTM	2025	2024	2023	2022
FSYD Fidelity Sustainable High Yield ETF	6.32%	6.49%	6.47%	6.70%	5.29%
MYHC State Street My2029 High Yield Corporate Bond ETF	1.86%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYHC and FSYD in my portfolio?

With a correlation of 0.95, MYHC and FSYD 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, MYHC or FSYD?

On fees, MYHC 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, MYHC or FSYD?

MYHC is cheaper with a 0.39% expense ratio, compared with 0.55% for FSYD.

Which ETF pays a higher dividend yield, MYHC or FSYD?

FSYD has the higher dividend yield at 6.32%, compared with 1.86% for MYHC.

What is the main difference between MYHC and FSYD?

They also come from different issuers: State Street and Fidelity. Their fees differ too: 0.39% for MYHC and 0.55% for FSYD.