MYHC vs. GLD

Last updated Jun 5, 2026

MYHC (State Street My2029 High Yield Corporate Bond ETF) and GLD (SPDR Gold Shares) are both exchange-traded funds - MYHC is a High Yield Bonds fund tracking the ICE 2029 Maturity US High Yield Index, while GLD is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. At a 0.47 correlation, their price movements are largely independent. MYHC charges 0.39%/yr vs 0.40%/yr for GLD.

Performance

MYHC vs. GLD - 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 SPDR Gold Shares (GLD). 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*: —

GLD

• 1D: 0.83%
• 1M: -1.67%
• YTD: 3.77%
• 6M: 6.24%
• 1Y: 32.28%
• 3Y*: 31.19%
• 5Y*: 18.35%
• 10Y*: 13.21%

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

MYHC vs. GLD - Yearly Performance Comparison

	2026 (YTD)
MYHC State Street My2029 High Yield Corporate Bond ETF	1.93%
GLD SPDR Gold Shares	-13.87%

Correlation

The correlation between MYHC and GLD is 0.47, 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	0.47

Return for Risk

MYHC vs. GLD — Risk / Return Rank

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

GLD

GLD Risk / Return Rank: 34
GLD Sharpe Ratio Rank: 35
GLD Sortino Ratio Rank: 31
GLD Omega Ratio Rank: 38
GLD Calmar Ratio Rank: 35
GLD Martin Ratio Rank: 29

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. GLD - 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 SPDR Gold Shares (GLD). 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	GLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.22	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.58	0.60	+0.97

Drawdowns

MYHC vs. GLD - Drawdown Comparison

The maximum MYHC drawdown since its inception was -1.57%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for MYHC and GLD.

Drawdown Indicators

	MYHC	GLD	Difference
Max Drawdown Largest peak-to-trough decline	-1.57%	-45.56%	+43.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.00%	—
Current Drawdown Current decline from peak	-0.06%	-17.07%	+17.01%
Average Drawdown Average peak-to-trough decline	-0.35%	-16.16%	+15.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.81%	—

Volatility

Volatility by Period

	MYHC	GLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	26.60%	-21.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	18.00%	-13.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.68%	15.95%	-11.27%

MYHC vs. GLD - Expense Ratio Comparison

MYHC has a 0.39% expense ratio, which is lower than GLD's 0.40% expense ratio.

Dividends

MYHC vs. GLD - Dividend Comparison

MYHC's dividend yield for the trailing twelve months is around 1.86%, while GLD has not paid dividends to shareholders.

Position	TTM
GLD SPDR Gold Shares	0.00%
MYHC State Street My2029 High Yield Corporate Bond ETF	1.86%

Frequently Asked Questions

Can I hold both MYHC and GLD in my portfolio?

MYHC and GLD have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYHC or GLD?

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 GLD?

MYHC is cheaper with a 0.39% expense ratio, compared with 0.40% for GLD.

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

MYHC has the higher dividend yield at 1.86%, compared with 0.00% for GLD.

What is the main difference between MYHC and GLD?

MYHC is categorized as High Yield Bonds, while GLD is Gold. MYHC tracks ICE 2029 Maturity US High Yield Index, while GLD tracks LBMA Gold Price PM. Their fees differ too: 0.39% for MYHC and 0.40% for GLD.