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THYF vs. MYHA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

THYF vs. MYHA - Performance Comparison

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

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Returns By Period


THYF

1D
-0.19%
1M
-0.46%
6M
1.18%
YTD
1.74%
1Y
5.14%
3Y*
7.77%
5Y*
10Y*
ALL TIME*
8.24%

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


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$598.17$732.34$5.19K
$928.42K$859.02K$1.06M

THYF vs. MYHA - Yearly Performance Comparison


Correlation

The correlation between THYF and MYHA is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


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

0.76

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Return for Risk

THYF vs. MYHA — Risk / Return Rank

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

THYF
THYF Risk / Return Rank: 6262
Overall Rank
THYF Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
THYF Sortino Ratio Rank: 6767
Sortino Ratio Rank
THYF Omega Ratio Rank: 6363
Omega Ratio Rank
THYF Calmar Ratio Rank: 5050
Calmar Ratio Rank
THYF Martin Ratio Rank: 6767
Martin Ratio Rank

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.

THYF vs. MYHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. High Yield ETF (THYF) 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.


THYFMYHADifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.27

Calmar ratioReturn relative to maximum drawdown

1.83

Martin ratioReturn relative to average drawdown

8.18

THYF vs. MYHA - Sharpe Ratio Comparison


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Drawdowns

THYF vs. MYHA - Drawdown Comparison

The maximum THYF drawdown since its inception was -5.24%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for THYF and MYHA.


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Drawdown Indicators


THYFMYHADifference

Max Drawdown

Largest peak-to-trough decline

-5.24%

-0.69%

-4.55%

Max Drawdown (1Y)

Largest decline over 1 year

-2.80%

Max Drawdown (3Y)

Largest decline over 3 years

-5.07%

Current Drawdown

Current decline from peak

-0.64%

0.00%

-0.64%

Average Drawdown

Average peak-to-trough decline

-0.79%

-0.10%

-0.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.63%

Volatility

THYF vs. MYHA - Volatility Comparison


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Volatility by Period


THYFMYHADifference

Volatility (1M)

Calculated over the trailing 1-month period

0.87%

Volatility (6M)

Calculated over the trailing 6-month period

2.84%

Volatility (1Y)

Calculated over the trailing 1-year period

3.58%

1.73%

+1.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.73%

1.73%

+4.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.73%

1.73%

+4.00%

THYF vs. MYHA - Expense Ratio Comparison

THYF has a 0.56% expense ratio, which is higher than MYHA's 0.39% expense ratio.


Dividends

THYF vs. MYHA - Dividend Comparison

THYF's dividend yield for the trailing twelve months is around 6.95%, more than MYHA's 2.06% yield.


PositionTTM2025202420232022
MYHA
State Street My2027 High Yield Corporate Bond ETF
2.06%0.00%0.00%0.00%0.00%
THYF
T. Rowe Price U.S. High Yield ETF
6.95%7.17%7.30%8.02%1.50%

Frequently Asked Questions


THYF and MYHA have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, MYHA is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MYHA is cheaper with a 0.39% expense ratio, compared with 0.56% for THYF.

THYF has the higher dividend yield at 6.95%, compared with 2.06% for MYHA.

They also come from different issuers: T. Rowe Price and State Street. Their fees differ too: 0.56% for THYF and 0.39% for MYHA.

Portfolio Optimizer

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