MYMG vs. MYMF

Last updated Jun 24, 2026

MYMG (State Street My2027 Municipal Bond ETF) and MYMF (State Street My2026 Municipal Bond ETF) are both Municipal Bonds funds from State Street. Both are actively managed. Over the past year, MYMG returned 3.64% vs 2.81% for MYMF. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

MYMG vs. MYMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2027 Municipal Bond ETF (MYMG) and State Street My2026 Municipal Bond ETF (MYMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMG achieves a 1.36% return, which is significantly higher than MYMF's 0.74% return.

MYMG

• 1D: 0.00%
• 1M: 0.43%
• YTD: 1.36%
• 6M: 1.48%
• 1Y: 3.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MYMF

• 1D: 0.00%
• 1M: 0.37%
• YTD: 0.74%
• 6M: 0.80%
• 1Y: 2.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYMG vs. MYMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYMG State Street My2027 Municipal Bond ETF	1.36%	2.64%	-0.26%
MYMF State Street My2026 Municipal Bond ETF	0.74%	3.01%	0.07%

Correlation

The correlation between MYMG and MYMF is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.65

Over the past year, the correlation between MYMG and MYMF has dropped to 0.39 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

Return for Risk

MYMG vs. MYMF — 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: 97
MYMG Sortino Ratio Rank: 98
MYMG Omega Ratio Rank: 98
MYMG Calmar Ratio Rank: 97
MYMG Martin Ratio Rank: 96

MYMF

MYMF Risk / Return Rank: 97
MYMF Sharpe Ratio Rank: 96
MYMF Sortino Ratio Rank: 98
MYMF Omega Ratio Rank: 98
MYMF Calmar Ratio Rank: 95
MYMF Martin Ratio Rank: 95

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. MYMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2027 Municipal Bond ETF (MYMG) and State Street My2026 Municipal Bond ETF (MYMF). 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.

	MYMG	MYMF	Difference
Sharpe ratio: Return per unit of total volatility	4.57	3.85	+0.72
Sortino ratio: Return per unit of downside risk	7.58	6.86	+0.73
Omega ratio: Gain probability vs. loss probability	2.32	2.19	+0.13
Calmar ratio: Return relative to maximum drawdown	10.22	7.40	+2.82
Martin ratio: Return relative to average drawdown	33.71	27.37	+6.34

MYMG vs. MYMF - Sharpe Ratio Comparison

The current MYMG Sharpe Ratio is 4.57, which is comparable to the MYMF Sharpe Ratio of 3.85. The chart below compares the historical Sharpe Ratios of MYMG and MYMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MYMG vs. MYMF - Drawdown Comparison

The maximum MYMG drawdown since its inception was -2.31%, which is greater than MYMF's maximum drawdown of -2.02%. Use the drawdown chart below to compare losses from any high point for MYMG and MYMF.

Drawdown Indicators

	MYMG	MYMF	Difference
Max Drawdown Largest peak-to-trough decline	-2.31%	-2.02%	-0.29%
Max Drawdown (1Y) Largest decline over 1 year	-0.36%	-0.38%	+0.02%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.32%	-0.18%	-0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.11%	0.10%	+0.01%

Volatility

MYMG vs. MYMF - Volatility Comparison

The current volatility for State Street My2027 Municipal Bond ETF (MYMG) is 0.21%, while State Street My2026 Municipal Bond ETF (MYMF) has a volatility of 0.24%. This indicates that MYMG experiences smaller price fluctuations and is considered to be less risky than MYMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYMG	MYMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.21%	0.24%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	0.58%	0.54%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	0.80%	0.73%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.01%	1.63%	+0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.01%	1.63%	+0.38%

MYMG vs. MYMF - Expense Ratio Comparison

Both MYMG and MYMF have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

MYMG vs. MYMF - Dividend Comparison

MYMG's dividend yield for the trailing twelve months is around 2.88%, more than MYMF's 2.47% yield.

Position	TTM	2025	2024
MYMF State Street My2026 Municipal Bond ETF	2.47%	2.80%	0.83%
MYMG State Street My2027 Municipal Bond ETF	2.88%	3.03%	0.89%

Frequently Asked Questions

Can I hold both MYMG and MYMF in my portfolio?

MYMG and MYMF have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYMG or MYMF?

MYMF has higher volatility (0.24%) compared to MYMG (0.21%). In terms of maximum drawdown, MYMG dropped -2.31% vs MYMF's -2.02%.

Which ETF is better, MYMG or MYMF?

On 1-year performance, MYMG leads with 3.64% vs 2.81% for MYMF. Both ETFs have the same 0.20% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYMG or MYMF?

Over the 1-year period, MYMG has performed better with a 3.64% return vs 2.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYMG or MYMF?

MYMG and MYMF have the same expense ratio: 0.20% per year.

Which ETF pays a higher dividend yield, MYMG or MYMF?

MYMG has the higher dividend yield at 2.88%, compared with 2.47% for MYMF.

Which has better risk-adjusted returns?

MYMG currently has the higher Sharpe Ratio (4.57 vs 3.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.