MYMJ vs. MYMG

Last updated Jun 5, 2026

MYMJ (State Street My2030 Municipal Bond ETF) and MYMG (State Street My2027 Municipal Bond ETF) are both Municipal Bonds funds from State Street. Both are actively managed. Over the past year, MYMJ returned 5.13% vs 3.89% for MYMG. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.20% expense ratio.

Performance

MYMJ vs. MYMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2030 Municipal Bond ETF (MYMJ) and State Street My2027 Municipal Bond ETF (MYMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMJ achieves a 1.06% return, which is significantly lower than MYMG's 1.24% return.

MYMJ

• 1D: 0.06%
• 1M: 0.42%
• YTD: 1.06%
• 6M: 1.41%
• 1Y: 5.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MYMG

• 1D: 0.04%
• 1M: 0.32%
• YTD: 1.24%
• 6M: 1.52%
• 1Y: 3.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYMJ vs. MYMG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYMJ State Street My2030 Municipal Bond ETF	1.06%	3.98%	-0.82%
MYMG State Street My2027 Municipal Bond ETF	1.24%	2.64%	-0.18%

Correlation

The correlation between MYMJ and MYMG is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.81

The correlation between MYMJ and MYMG shifts across timeframes, from 0.68 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MYMJ vs. MYMG — Risk / Return Rank

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

MYMJ

MYMJ Risk / Return Rank: 81
MYMJ Sharpe Ratio Rank: 91
MYMJ Sortino Ratio Rank: 94
MYMJ Omega Ratio Rank: 96
MYMJ Calmar Ratio Rank: 65
MYMJ Martin Ratio Rank: 60

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

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.

MYMJ vs. MYMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2030 Municipal Bond ETF (MYMJ) and State Street My2027 Municipal Bond ETF (MYMG). 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.

	MYMJ	MYMG	Difference
Sharpe ratio: Return per unit of total volatility	3.07	4.80	-1.73
Sortino ratio: Return per unit of downside risk	4.85	8.05	-3.19
Omega ratio: Gain probability vs. loss probability	1.75	2.38	-0.63
Calmar ratio: Return relative to maximum drawdown	3.17	10.94	-7.77
Martin ratio: Return relative to average drawdown	10.54	36.02	-25.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MYMJ vs. MYMG - Sharpe Ratio Comparison

The current MYMJ Sharpe Ratio is 3.07, which is lower than the MYMG Sharpe Ratio of 4.80. The chart below compares the historical Sharpe Ratios of MYMJ and MYMG, 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

	MYMJ	MYMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.07	4.80	-1.73
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.08	-0.22

Drawdowns

MYMJ vs. MYMG - Drawdown Comparison

The maximum MYMJ drawdown since its inception was -3.11%, which is greater than MYMG's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for MYMJ and MYMG.

Drawdown Indicators

	MYMJ	MYMG	Difference
Max Drawdown Largest peak-to-trough decline	-3.11%	-2.31%	-0.80%
Max Drawdown (1Y) Largest decline over 1 year	-1.63%	-0.36%	-1.27%
Current Drawdown Current decline from peak	-0.45%	0.00%	-0.45%
Average Drawdown Average peak-to-trough decline	-0.70%	-0.33%	-0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.49%	0.11%	+0.38%

Volatility

MYMJ vs. MYMG - Volatility Comparison

State Street My2030 Municipal Bond ETF (MYMJ) has a higher volatility of 0.46% compared to State Street My2027 Municipal Bond ETF (MYMG) at 0.17%. This indicates that MYMJ's price experiences larger fluctuations and is considered to be riskier than MYMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYMJ	MYMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	0.17%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	1.17%	0.57%	+0.60%
Volatility (1Y) Calculated over the trailing 1-year period	1.69%	0.81%	+0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.90%	2.03%	+0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.90%	2.03%	+0.87%

MYMJ vs. MYMG - Expense Ratio Comparison

Both MYMJ and MYMG 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

MYMJ vs. MYMG - Dividend Comparison

MYMJ's dividend yield for the trailing twelve months is around 2.96%, more than MYMG's 2.88% yield.

Position	TTM	2025	2024
MYMG State Street My2027 Municipal Bond ETF	2.88%	3.03%	0.89%
MYMJ State Street My2030 Municipal Bond ETF	2.96%	3.02%	0.89%

Frequently Asked Questions

Can I hold both MYMJ and MYMG in my portfolio?

MYMJ and MYMG have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYMJ or MYMG?

MYMJ has higher volatility (0.46%) compared to MYMG (0.17%). In terms of maximum drawdown, MYMJ dropped -3.11% vs MYMG's -2.31%.

Which ETF is better, MYMJ or MYMG?

On 1-year performance, MYMJ leads with 5.13% vs 3.89% for MYMG. Both ETFs have the same 0.20% expense ratio. On volatility, MYMG has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYMJ or MYMG?

Over the 1-year period, MYMJ has performed better with a 5.13% return vs 3.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYMJ or MYMG?

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

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

MYMJ has the higher dividend yield at 2.96%, compared with 2.88% for MYMG.

Which has better risk-adjusted returns?

MYMG currently has the higher Sharpe Ratio (4.80 vs 3.07), 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.