MYMH vs. GSG

Last updated Jul 12, 2026

MYMH (State Street My2028 Municipal Bond ETF) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - MYMH is a Municipal Bonds fund actively managed by State Street, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. MYMH is actively managed, while GSG is passively managed. Over the past year, MYMH returned 3.36% vs 34.57% for GSG. At a correlation of -0.18, they often move in opposite directions. MYMH charges 0.20%/yr vs 0.75%/yr for GSG.

Performance

MYMH vs. GSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2028 Municipal Bond ETF (MYMH) and iShares S&P GSCI Commodity-Indexed Trust (GSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMH achieves a 0.91% return, which is significantly lower than GSG's 32.35% return.

MYMH

• 1D: 0.00%
• 1M: 0.23%
• 6M: 0.63%
• YTD: 0.91%
• 1Y: 3.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSG

• 1D: 3.60%
• 1M: -0.20%
• 6M: 28.24%
• YTD: 32.35%
• 1Y: 34.57%
• 3Y*: 14.41%
• 5Y*: 13.83%
• 10Y*: 7.40%

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

MYMH vs. GSG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYMH State Street My2028 Municipal Bond ETF	0.91%	3.21%	-1.04%
GSG iShares S&P GSCI Commodity-Indexed Trust	32.35%	5.93%	3.47%

Correlation

The correlation between MYMH and GSG is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.22
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	-0.18

Return for Risk

MYMH vs. GSG — Risk / Return Rank

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

MYMH

MYMH Risk / Return Rank: 87
MYMH Sharpe Ratio Rank: 92
MYMH Sortino Ratio Rank: 94
MYMH Omega Ratio Rank: 96
MYMH Calmar Ratio Rank: 84
MYMH Martin Ratio Rank: 67

GSG

GSG Risk / Return Rank: 51
GSG Sharpe Ratio Rank: 55
GSG Sortino Ratio Rank: 53
GSG Omega Ratio Rank: 53
GSG Calmar Ratio Rank: 46
GSG Martin Ratio Rank: 47

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.

MYMH vs. GSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2028 Municipal Bond ETF (MYMH) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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.

	MYMH	GSG	Difference
Sharpe ratio: Return per unit of total volatility	2.59	1.48	+1.11
Sortino ratio: Return per unit of downside risk	3.99	2.06	+1.92
Omega ratio: Gain probability vs. loss probability	1.64	1.27	+0.37
Calmar ratio: Return relative to maximum drawdown	3.63	1.85	+1.79
Martin ratio: Return relative to average drawdown	9.60	6.29	+3.31

MYMH vs. GSG - Sharpe Ratio Comparison

The current MYMH Sharpe Ratio is 2.59, which is higher than the GSG Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of MYMH and GSG, 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

MYMH vs. GSG - Drawdown Comparison

The maximum MYMH drawdown since its inception was -2.67%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for MYMH and GSG.

Drawdown Indicators

	MYMH	GSG	Difference
Max Drawdown Largest peak-to-trough decline	-2.67%	-89.62%	+86.95%
Max Drawdown (1Y) Largest decline over 1 year	-0.90%	-18.81%	+17.91%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-57.64%	—
Current Drawdown Current decline from peak	-0.25%	-60.04%	+59.79%
Average Drawdown Average peak-to-trough decline	-0.51%	-63.69%	+63.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	5.51%	-5.17%

Volatility

MYMH vs. GSG - Volatility Comparison

The current volatility for State Street My2028 Municipal Bond ETF (MYMH) is 0.16%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 7.35%. This indicates that MYMH experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYMH	GSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.16%	7.35%	-7.19%
Volatility (6M) Calculated over the trailing 6-month period	0.90%	21.50%	-20.60%
Volatility (1Y) Calculated over the trailing 1-year period	1.26%	23.48%	-22.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.55%	22.80%	-20.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.55%	22.00%	-19.45%

MYMH vs. GSG - Expense Ratio Comparison

MYMH has a 0.20% expense ratio, which is lower than GSG's 0.75% expense ratio.

Dividends

MYMH vs. GSG - Dividend Comparison

MYMH's dividend yield for the trailing twelve months is around 2.88%, while GSG has not paid dividends to shareholders.

Position	TTM	2025	2024
GSG iShares S&P GSCI Commodity-Indexed Trust	0.00%	0.00%	0.00%
MYMH State Street My2028 Municipal Bond ETF	2.88%	3.01%	0.88%

Frequently Asked Questions

Can I hold both MYMH and GSG in my portfolio?

MYMH and GSG have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYMH or GSG?

GSG has higher volatility (7.35%) compared to MYMH (0.16%). In terms of maximum drawdown, MYMH dropped -2.67% vs GSG's -89.62%.

Which ETF is better, MYMH or GSG?

On 1-year performance, GSG leads with 34.57% vs 3.36% for MYMH. On fees, MYMH is cheaper at 0.20% per year. On volatility, MYMH has been the lower-risk option at 0.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYMH or GSG?

Over the 1-year period, GSG has performed better with a 34.57% return vs 3.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYMH or GSG?

MYMH is cheaper with a 0.20% expense ratio, compared with 0.75% for GSG.

Which ETF pays a higher dividend yield, MYMH or GSG?

MYMH has the higher dividend yield at 2.88%, compared with 0.00% for GSG.

What is the main difference between MYMH and GSG?

MYMH is categorized as Municipal Bonds, while GSG is Commodities. They also come from different issuers: State Street and iShares. Their fees differ too: 0.20% for MYMH and 0.75% for GSG.

Which has better risk-adjusted returns?

MYMH currently has the higher Sharpe Ratio (2.59 vs 1.48), 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.