SCYB vs. MYHA

Last updated Aug 4, 2026

SCYB (Schwab High Yield Bond ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. SCYB is passively managed, while MYHA is actively managed. Their correlation of 0.88 means they have usually moved in the same direction. SCYB charges 0.03%/yr vs 0.39%/yr for MYHA.

Performance

SCYB vs. MYHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab High Yield Bond ETF (SCYB) and State Street My2027 High Yield Corporate Bond ETF (MYHA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCYB

• 1D: 0.21%
• 1M: -0.06%
• 6M: 1.26%
• YTD: 2.09%
• 1Y: 5.64%
• 3Y*: 8.33%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.48%

MYHA

• 1D: 0.06%
• 1M: 0.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MYHA State Street My2027 High Yield Corporate Bond ETF	$598.17	$732.34	$5.19K
SCYB Schwab High Yield Bond ETF	$26.62M	$28.32M	$31.29M

SCYB vs. MYHA - Yearly Performance Comparison

	2026 (YTD)
SCYB Schwab High Yield Bond ETF	1.11%
MYHA State Street My2027 High Yield Corporate Bond ETF	1.65%

Correlation

The correlation between SCYB and MYHA is 0.88, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	0.88

Return for Risk

SCYB vs. MYHA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCYB

SCYB Risk / Return Rank: 68
SCYB Sharpe Ratio Rank: 64
SCYB Sortino Ratio Rank: 68
SCYB Omega Ratio Rank: 68
SCYB Calmar Ratio Rank: 65
SCYB Martin Ratio Rank: 78

MYHA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCYB vs. MYHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab High Yield Bond ETF (SCYB) and State Street My2027 High Yield Corporate Bond ETF (MYHA). 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.

	SCYB	MYHA	Difference
Sharpe ratio: Return per unit of total volatility	1.51	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.32	—	—
Martin ratio: Return relative to average drawdown	10.11	—	—

Drawdowns

SCYB vs. MYHA - Drawdown Comparison

The maximum SCYB drawdown since its inception was -4.92%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for SCYB and MYHA.

Drawdown Indicators

	SCYB	MYHA	Difference
Max Drawdown Largest peak-to-trough decline	-4.92%	-0.69%	-4.23%
Max Drawdown (1Y) Largest decline over 1 year	-2.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.92%	—	—
Current Drawdown Current decline from peak	-0.25%	0.00%	-0.25%
Average Drawdown Average peak-to-trough decline	-0.50%	-0.10%	-0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.56%	—	—

Volatility

Volatility by Period

	SCYB	MYHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.76%	1.73%	+2.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.04%	1.73%	+3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.04%	1.73%	+3.31%

SCYB vs. MYHA - Expense Ratio Comparison

SCYB has a 0.03% expense ratio, which is lower than MYHA's 0.39% expense ratio.

Dividends

SCYB vs. MYHA - Dividend Comparison

SCYB's dividend yield for the trailing twelve months is around 6.93%, more than MYHA's 2.06% yield.

Position	TTM	2025	2024	2023
MYHA State Street My2027 High Yield Corporate Bond ETF	2.06%	0.00%	0.00%	0.00%
SCYB Schwab High Yield Bond ETF	6.93%	6.99%	7.06%	3.36%

Frequently Asked Questions

Can I hold both SCYB and MYHA in my portfolio?

SCYB and MYHA have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCYB or MYHA?

On fees, SCYB is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCYB or MYHA?

SCYB is cheaper with a 0.03% expense ratio, compared with 0.39% for MYHA.

Which ETF pays a higher dividend yield, SCYB or MYHA?

SCYB has the higher dividend yield at 6.93%, compared with 2.06% for MYHA.

What is the main difference between SCYB and MYHA?

They also come from different issuers: Charles Schwab and State Street. Their fees differ too: 0.03% for SCYB and 0.39% for MYHA.