MYHC vs. MHY

Last updated Jun 24, 2026

MYHC (State Street My2029 High Yield Corporate Bond ETF) and MHY (Man Active High Yield ETF) are both High Yield Bonds funds. MYHC is passively managed, while MHY is actively managed. Their correlation of 0.85 suggests significant overlap in exposure. MYHC charges 0.39%/yr vs 0.69%/yr for MHY.

Performance

MYHC vs. MHY - 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 Man Active High Yield ETF (MHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MYHC

• 1D: -0.03%
• 1M: 0.94%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MHY

• 1D: -0.04%
• 1M: 1.72%
• YTD: 4.09%
• 6M: 4.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYHC vs. MHY - Yearly Performance Comparison

	2026 (YTD)
MYHC State Street My2029 High Yield Corporate Bond ETF	2.36%
MHY Man Active High Yield ETF	3.05%

Correlation

The correlation between MYHC and MHY is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	0.85

Return for Risk

MYHC vs. MHY - 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 Man Active High Yield ETF (MHY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

MYHC vs. MHY - Drawdown Comparison

The maximum MYHC drawdown since its inception was -1.57%, roughly equal to the maximum MHY drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for MYHC and MHY.

Drawdown Indicators

	MYHC	MHY	Difference
Max Drawdown Largest peak-to-trough decline	-1.57%	-1.58%	+0.01%
Current Drawdown Current decline from peak	-0.20%	-0.04%	-0.16%
Average Drawdown Average peak-to-trough decline	-0.32%	-0.29%	-0.03%

Volatility

Volatility by Period

	MYHC	MHY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.53%	2.99%	+1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.53%	2.99%	+1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.53%	2.99%	+1.54%

MYHC vs. MHY - Expense Ratio Comparison

MYHC has a 0.39% expense ratio, which is lower than MHY's 0.69% expense ratio.

Dividends

MYHC vs. MHY - Dividend Comparison

MYHC's dividend yield for the trailing twelve months is around 1.85%, less than MHY's 3.55% yield.

Position	TTM	2025
MHY Man Active High Yield ETF	3.55%	3.42%
MYHC State Street My2029 High Yield Corporate Bond ETF	1.85%	0.00%

Frequently Asked Questions

Can I hold both MYHC and MHY in my portfolio?

MYHC and MHY have a correlation of 0.85, 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 MHY?

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 MHY?

MYHC is cheaper with a 0.39% expense ratio, compared with 0.69% for MHY.

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

MHY has the higher dividend yield at 3.55%, compared with 1.85% for MYHC.

What is the main difference between MYHC and MHY?

They also come from different issuers: State Street and Man Group. Their fees differ too: 0.39% for MYHC and 0.69% for MHY.