MYHC vs. SCYB

Last updated Jun 4, 2026

MYHC (State Street My2029 High Yield Corporate Bond ETF) and SCYB (Schwab High Yield Bond ETF) are both High Yield Bonds funds - MYHC tracks the ICE 2029 Maturity US High Yield Index while SCYB tracks the ICE BofA US Cash Pay High Yield Constrained Index. Both are passively managed. With a 0.97 correlation, they move nearly in lockstep. MYHC charges 0.39%/yr vs 0.03%/yr for SCYB.

Performance

MYHC vs. SCYB - 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 Schwab High Yield Bond ETF (SCYB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MYHC

• 1D: -0.19%
• 1M: 0.76%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCYB

• 1D: -0.29%
• 1M: 0.36%
• YTD: 1.55%
• 6M: 1.87%
• 1Y: 6.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYHC vs. SCYB - Yearly Performance Comparison

	2026 (YTD)
MYHC State Street My2029 High Yield Corporate Bond ETF	1.79%
SCYB Schwab High Yield Bond ETF	0.57%

Correlation

The correlation between MYHC and SCYB is 0.97 - 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	0.97

Return for Risk

MYHC vs. SCYB — Risk / Return Rank

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

SCYB

SCYB Risk / Return Rank: 59
SCYB Sharpe Ratio Rank: 54
SCYB Sortino Ratio Rank: 58
SCYB Omega Ratio Rank: 59
SCYB Calmar Ratio Rank: 57
SCYB Martin Ratio Rank: 68

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. SCYB - 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 Schwab High Yield Bond ETF (SCYB). 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	SCYB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.47	1.68	-0.21

Drawdowns

MYHC vs. SCYB - Drawdown Comparison

The maximum MYHC drawdown since its inception was -1.57%, smaller than the maximum SCYB drawdown of -4.92%. Use the drawdown chart below to compare losses from any high point for MYHC and SCYB.

Drawdown Indicators

	MYHC	SCYB	Difference
Max Drawdown Largest peak-to-trough decline	-1.57%	-4.92%	+3.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.44%	—
Current Drawdown Current decline from peak	-0.20%	-0.33%	+0.13%
Average Drawdown Average peak-to-trough decline	-0.35%	-0.52%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.54%	—

Volatility

Volatility by Period

	MYHC	SCYB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.71%	3.76%	+0.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.71%	5.13%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	5.13%	-0.42%

MYHC vs. SCYB - Expense Ratio Comparison

MYHC has a 0.39% expense ratio, which is higher than SCYB's 0.03% expense ratio.

Dividends

MYHC vs. SCYB - Dividend Comparison

MYHC's dividend yield for the trailing twelve months is around 1.86%, less than SCYB's 6.94% yield.

Position	TTM	2025	2024	2023
MYHC State Street My2029 High Yield Corporate Bond ETF	1.86%	0.00%	0.00%	0.00%
SCYB Schwab High Yield Bond ETF	6.94%	6.99%	7.06%	3.36%

Frequently Asked Questions

Can I hold both MYHC and SCYB in my portfolio?

With a correlation of 0.97, MYHC and SCYB 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 SCYB?

On fees, SCYB is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYHC or SCYB?

SCYB is cheaper with a 0.03% expense ratio, compared with 0.39% for MYHC.

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

SCYB has the higher dividend yield at 6.94%, compared with 1.86% for MYHC.

What is the main difference between MYHC and SCYB?

MYHC tracks ICE 2029 Maturity US High Yield Index, while SCYB tracks ICE BofA US Cash Pay High Yield Constrained Index. They also come from different issuers: State Street and Charles Schwab. Their fees differ too: 0.39% for MYHC and 0.03% for SCYB.