MYMG vs. XLK
MYMG (State Street My2027 Municipal Bond ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both exchange-traded funds - MYMG is a Municipal Bonds fund actively managed by State Street, while XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. MYMG is actively managed, while XLK is passively managed. Over the past year, MYMG returned 3.89% vs 66.93% for XLK. At a 0.05 correlation, their price movements are largely independent. MYMG charges 0.20%/yr vs 0.08%/yr for XLK.
Performance
MYMG vs. XLK - Performance Comparison
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Returns By Period
In the year-to-date period, MYMG achieves a 1.20% return, which is significantly lower than XLK's 36.47% return.
MYMG
- 1D
- 0.02%
- 1M
- 0.37%
- YTD
- 1.20%
- 6M
- 1.48%
- 1Y
- 3.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLK
- 1D
- -1.00%
- 1M
- 21.09%
- YTD
- 36.47%
- 6M
- 35.71%
- 1Y
- 66.93%
- 3Y*
- 33.90%
- 5Y*
- 23.83%
- 10Y*
- 25.84%
MYMG vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MYMG State Street My2027 Municipal Bond ETF | 1.20% | 2.64% | -0.18% |
XLK State Street Technology Select Sector SPDR ETF | 36.47% | 24.61% | 4.15% |
Correlation
The correlation between MYMG and XLK is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024 | 0.05 |
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Return for Risk
MYMG vs. XLK — Risk / Return Rank
MYMG
XLK
MYMG vs. XLK - 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 Technology Select Sector SPDR ETF (XLK). 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 | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.56 | ||
| Sortino ratioReturn per unit of downside risk | +4.12 | ||
| Omega ratioGain probability vs. loss probability | 2.38 | 1.52 | +0.86 |
| Calmar ratioReturn relative to maximum drawdown | 10.94 | 4.22 | +6.71 |
| Martin ratioReturn relative to average drawdown | 36.03 | 14.16 | +21.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MYMG | XLK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.80 | 3.24 | +1.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.96 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.42 | +0.66 |
Drawdowns
MYMG vs. XLK - Drawdown Comparison
The maximum MYMG drawdown since its inception was -2.31%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for MYMG and XLK.
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Drawdown Indicators
| MYMG | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.31% | -82.05% | +79.74% |
Max Drawdown (1Y)Largest decline over 1 year | -0.36% | -15.92% | +15.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.56% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.00% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -0.33% | -34.96% | +34.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.11% | 4.74% | -4.63% |
Volatility
MYMG vs. XLK - Volatility Comparison
The current volatility for State Street My2027 Municipal Bond ETF (MYMG) is 0.18%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 6.98%. This indicates that MYMG experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MYMG | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.18% | 6.98% | -6.80% |
Volatility (6M)Calculated over the trailing 6-month period | 0.56% | 16.68% | -16.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.81% | 20.82% | -20.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.03% | 24.90% | -22.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.03% | 24.49% | -22.46% |
MYMG vs. XLK - Expense Ratio Comparison
MYMG has a 0.20% expense ratio, which is higher than XLK's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MYMG vs. XLK - Dividend Comparison
MYMG's dividend yield for the trailing twelve months is around 2.88%, more than XLK's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MYMG State Street My2027 Municipal Bond ETF | 2.88% | 3.03% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.39% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
MYMG and XLK have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLK has higher volatility (6.98%) compared to MYMG (0.18%). In terms of maximum drawdown, MYMG dropped -2.31% vs XLK's -82.05%.
On 1-year performance, XLK leads with 66.93% vs 3.89% for MYMG. On fees, XLK is cheaper at 0.08% per year. On volatility, MYMG has been the lower-risk option at 0.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, XLK has performed better with a 66.93% return vs 3.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XLK is cheaper with a 0.08% expense ratio, compared with 0.20% for MYMG.
MYMG has the higher dividend yield at 2.88%, compared with 0.39% for XLK.
MYMG is categorized as Municipal Bonds, while XLK is Technology Equities. Their fees differ too: 0.20% for MYMG and 0.08% for XLK.
MYMG currently has the higher Sharpe Ratio (4.80 vs 3.24), 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.
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