MYMG vs. MUNI

Last updated Apr 15, 2026

MYMG (State Street My2027 Municipal Bond ETF) and MUNI (PIMCO Intermediate Municipal Bond Active ETF) are both Municipal Bonds funds. Both are actively managed. Over the past year, MYMG returned 4.23% vs 7.20% for MUNI. A 0.72 correlation means they provide meaningful diversification when combined. MYMG charges 0.20%/yr vs 0.35%/yr for MUNI.

Performance

MYMG vs. MUNI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2027 Municipal Bond ETF (MYMG) and PIMCO Intermediate Municipal Bond Active ETF (MUNI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMG achieves a 0.62% return, which is significantly lower than MUNI's 0.93% return.

MYMG

• 1D: -0.24%
• 1M: -0.14%
• YTD: 0.62%
• 6M: 1.29%
• 1Y: 4.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUNI

• 1D: 0.11%
• 1M: 0.11%
• YTD: 0.93%
• 6M: 1.82%
• 1Y: 7.20%
• 3Y*: 3.44%
• 5Y*: 1.29%
• 10Y*: 2.19%

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

MYMG vs. MUNI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYMG State Street My2027 Municipal Bond ETF	0.62%	2.64%	-0.18%
MUNI PIMCO Intermediate Municipal Bond Active ETF	0.93%	4.72%	-1.07%

Correlation

The correlation between MYMG and MUNI is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.73

The correlation between MYMG and MUNI has been stable across timeframes, ranging from 0.67 to 0.72 — a consistent structural relationship.

Return for Risk

MYMG vs. MUNI — Risk / Return Rank

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

MYMG

MYMG Risk / Return Rank: 97
MYMG Sharpe Ratio Rank: 96
MYMG Sortino Ratio Rank: 98
MYMG Omega Ratio Rank: 98
MYMG Calmar Ratio Rank: 98
MYMG Martin Ratio Rank: 97

MUNI

MUNI Risk / Return Rank: 75
MUNI Sharpe Ratio Rank: 86
MUNI Sortino Ratio Rank: 90
MUNI Omega Ratio Rank: 92
MUNI Calmar Ratio Rank: 49
MUNI Martin Ratio Rank: 58

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.

MYMG vs. MUNI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2027 Municipal Bond ETF (MYMG) and PIMCO Intermediate Municipal Bond Active ETF (MUNI). 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.

	MYMG	MUNI	Difference
Sharpe ratio Return per unit of total volatility	4.23	3.06	+1.17
Sortino ratio Return per unit of downside risk	6.82	4.62	+2.19
Omega ratio Gain probability vs. loss probability	2.18	1.67	+0.51
Calmar ratio Return relative to maximum drawdown	11.41	2.99	+8.42
Martin ratio Return relative to average drawdown	40.06	12.49	+27.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MYMG vs. MUNI - Sharpe Ratio Comparison

The current MYMG Sharpe Ratio is 4.23, which is higher than the MUNI Sharpe Ratio of 3.06. The chart below compares the historical Sharpe Ratios of MYMG and MUNI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MYMG	MUNI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.23	3.06	+1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.39	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.78	+0.17

Drawdowns

MYMG vs. MUNI - Drawdown Comparison

The maximum MYMG drawdown since its inception was -2.31%, smaller than the maximum MUNI drawdown of -11.15%. Use the drawdown chart below to compare losses from any high point for MYMG and MUNI.

Drawdown Indicators

	MYMG	MUNI	Difference
Max Drawdown Largest peak-to-trough decline	-2.31%	-11.15%	+8.84%
Max Drawdown (1Y) Largest decline over 1 year	-0.36%	-2.29%	+1.93%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-11.15%	—
Current Drawdown Current decline from peak	-0.28%	-1.09%	+0.81%
Average Drawdown Average peak-to-trough decline	-0.35%	-1.74%	+1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.10%	0.55%	-0.45%

Volatility

MYMG vs. MUNI - Volatility Comparison

The current volatility for State Street My2027 Municipal Bond ETF (MYMG) is 0.36%, while PIMCO Intermediate Municipal Bond Active ETF (MUNI) has a volatility of 1.06%. This indicates that MYMG experiences smaller price fluctuations and is considered to be less risky than MUNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYMG	MUNI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.36%	1.06%	-0.70%
Volatility (6M) Calculated over the trailing 6-month period	0.49%	1.54%	-1.05%
Volatility (1Y) Calculated over the trailing 1-year period	1.11%	2.43%	-1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.11%	3.30%	-1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.11%	3.85%	-1.74%

MYMG vs. MUNI - Expense Ratio Comparison

MYMG has a 0.20% expense ratio, which is lower than MUNI's 0.35% expense ratio.

Dividends

MYMG vs. MUNI - Dividend Comparison

MYMG's dividend yield for the trailing twelve months is around 2.94%, less than MUNI's 3.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MYMG State Street My2027 Municipal Bond ETF	2.94%	3.03%	0.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MUNI PIMCO Intermediate Municipal Bond Active ETF	3.28%	3.26%	3.50%	3.09%	2.13%	1.62%	1.92%	2.44%	2.38%	2.37%	2.37%	2.20%