MYHC vs. SPYM

Last updated Jun 5, 2026

MYHC (State Street My2029 High Yield Corporate Bond ETF) and SPYM (State Street SPDR Portfolio S&P 500 ETF) are both exchange-traded funds - MYHC is a High Yield Bonds fund tracking the ICE 2029 Maturity US High Yield Index, while SPYM is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. MYHC charges 0.39%/yr vs 0.02%/yr for SPYM.

Performance

MYHC vs. SPYM - 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 State Street SPDR Portfolio S&P 500 ETF (SPYM). 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*: —

SPYM

• 1D: 0.34%
• 1M: 4.60%
• YTD: 11.36%
• 6M: 11.25%
• 1Y: 28.60%
• 3Y*: 22.67%
• 5Y*: 13.99%
• 10Y*: 15.57%

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

MYHC vs. SPYM - Yearly Performance Comparison

	2026 (YTD)
MYHC State Street My2029 High Yield Corporate Bond ETF	1.93%
SPYM State Street SPDR Portfolio S&P 500 ETF	10.11%

Correlation

The correlation between MYHC and SPYM is 0.87, 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 27, 2026	0.87

Return for Risk

MYHC vs. SPYM — Risk / Return Rank

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

SPYM

SPYM Risk / Return Rank: 74
SPYM Sharpe Ratio Rank: 76
SPYM Sortino Ratio Rank: 75
SPYM Omega Ratio Rank: 75
SPYM Calmar Ratio Rank: 66
SPYM 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. SPYM - 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 State Street SPDR Portfolio S&P 500 ETF (SPYM). 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	SPYM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.58	0.62	+0.96

Drawdowns

MYHC vs. SPYM - Drawdown Comparison

The maximum MYHC drawdown since its inception was -1.57%, smaller than the maximum SPYM drawdown of -54.46%. Use the drawdown chart below to compare losses from any high point for MYHC and SPYM.

Drawdown Indicators

	MYHC	SPYM	Difference
Max Drawdown Largest peak-to-trough decline	-1.57%	-54.46%	+52.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.87%	—
Current Drawdown Current decline from peak	-0.06%	-0.32%	+0.26%
Average Drawdown Average peak-to-trough decline	-0.35%	-7.15%	+6.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.91%	—

Volatility

Volatility by Period

	MYHC	SPYM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	11.79%	-7.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	16.80%	-12.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.68%	18.00%	-13.32%

MYHC vs. SPYM - Expense Ratio Comparison

MYHC has a 0.39% expense ratio, which is higher than SPYM's 0.02% expense ratio.

Dividends

MYHC vs. SPYM - Dividend Comparison

MYHC's dividend yield for the trailing twelve months is around 1.86%, more than SPYM's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MYHC State Street My2029 High Yield Corporate Bond ETF	1.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYM State Street SPDR Portfolio S&P 500 ETF	0.99%	1.13%	1.28%	1.44%	1.69%	1.25%	1.54%	1.79%	2.23%	1.75%	1.97%	1.98%

Frequently Asked Questions

Can I hold both MYHC and SPYM in my portfolio?

MYHC and SPYM have a correlation of 0.87, 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 SPYM?

On fees, SPYM is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYHC or SPYM?

SPYM is cheaper with a 0.02% expense ratio, compared with 0.39% for MYHC.

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

MYHC has the higher dividend yield at 1.86%, compared with 0.99% for SPYM.

What is the main difference between MYHC and SPYM?

MYHC is categorized as High Yield Bonds, while SPYM is S&P 500. MYHC tracks ICE 2029 Maturity US High Yield Index, while SPYM tracks S&P 500 Index. Their fees differ too: 0.39% for MYHC and 0.02% for SPYM.