VGHY vs. MYHA

Last updated Jul 14, 2026

VGHY (Vanguard High-Yield Active ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. VGHY charges 0.22%/yr vs 0.39%/yr for MYHA.

Performance

VGHY vs. MYHA - Performance Comparison

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

Returns By Period

VGHY

• 1D: -0.20%
• 1M: 0.01%
• 6M: 1.10%
• YTD: 1.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MYHA

• 1D: -0.07%
• 1M: 0.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VGHY vs. MYHA - Yearly Performance Comparison

	2026 (YTD)
VGHY Vanguard High-Yield Active ETF	0.78%
MYHA State Street My2027 High Yield Corporate Bond ETF	1.50%

Correlation

The correlation between VGHY and MYHA is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	0.86

Return for Risk

VGHY vs. MYHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard High-Yield Active ETF (VGHY) 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.

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

Drawdowns

VGHY vs. MYHA - Drawdown Comparison

The maximum VGHY drawdown since its inception was -2.66%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for VGHY and MYHA.

Drawdown Indicators

	VGHY	MYHA	Difference
Max Drawdown Largest peak-to-trough decline	-2.66%	-0.69%	-1.97%
Current Drawdown Current decline from peak	-0.43%	-0.07%	-0.36%
Average Drawdown Average peak-to-trough decline	-0.42%	-0.11%	-0.31%

Volatility

Volatility by Period

	VGHY	MYHA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.13%	1.84%	+2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.13%	1.84%	+2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.13%	1.84%	+2.29%

VGHY vs. MYHA - Expense Ratio Comparison

VGHY has a 0.22% expense ratio, which is lower than MYHA's 0.39% expense ratio.

Dividends

VGHY vs. MYHA - Dividend Comparison

VGHY's dividend yield for the trailing twelve months is around 4.50%, more than MYHA's 2.06% yield.

Position	TTM	2025
MYHA State Street My2027 High Yield Corporate Bond ETF	2.06%	0.00%
VGHY Vanguard High-Yield Active ETF	4.50%	1.49%

Frequently Asked Questions

Can I hold both VGHY and MYHA in my portfolio?

VGHY and MYHA have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGHY or MYHA?

On fees, VGHY is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGHY or MYHA?

VGHY is cheaper with a 0.22% expense ratio, compared with 0.39% for MYHA.

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

VGHY has the higher dividend yield at 4.50%, compared with 2.06% for MYHA.

What is the main difference between VGHY and MYHA?

They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.22% for VGHY and 0.39% for MYHA.