VGVT vs. MYCI

Last updated Jul 14, 2026

VGVT (Vanguard Government Securities Active ETF) and MYCI (State Street My2029 Corporate Bond ETF) are both exchange-traded funds - VGVT is a Intermediate Core Bond fund actively managed by Vanguard, while MYCI is a Corporate Bonds fund actively managed by State Street. Both are actively managed. Over the past year, VGVT returned 3.46% vs 3.88% for MYCI. A 0.77 correlation means they provide meaningful diversification when combined. VGVT charges 0.10%/yr vs 0.15%/yr for MYCI.

Performance

VGVT vs. MYCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Government Securities Active ETF (VGVT) and State Street My2029 Corporate Bond ETF (MYCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGVT achieves a -0.14% return, which is significantly lower than MYCI's 0.46% return.

VGVT

• 1D: -0.19%
• 1M: -0.33%
• 6M: -0.37%
• YTD: -0.14%
• 1Y: 3.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MYCI

• 1D: -0.20%
• 1M: -0.19%
• 6M: 0.56%
• YTD: 0.46%
• 1Y: 3.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VGVT vs. MYCI - Yearly Performance Comparison

	2026 (YTD)	2025
VGVT Vanguard Government Securities Active ETF	-0.14%	3.56%
MYCI State Street My2029 Corporate Bond ETF	0.46%	3.53%

Correlation

The correlation between VGVT and MYCI is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.77

The correlation between VGVT and MYCI has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.

Return for Risk

VGVT vs. MYCI — Risk / Return Rank

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

VGVT

VGVT Risk / Return Rank: 34
VGVT Sharpe Ratio Rank: 36
VGVT Sortino Ratio Rank: 38
VGVT Omega Ratio Rank: 34
VGVT Calmar Ratio Rank: 31
VGVT Martin Ratio Rank: 29

MYCI

MYCI Risk / Return Rank: 70
MYCI Sharpe Ratio Rank: 72
MYCI Sortino Ratio Rank: 76
MYCI Omega Ratio Rank: 75
MYCI Calmar Ratio Rank: 63
MYCI Martin Ratio Rank: 63

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.

VGVT vs. MYCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Government Securities Active ETF (VGVT) and State Street My2029 Corporate Bond ETF (MYCI). 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.

	VGVT	MYCI	Difference
Sharpe ratio: Return per unit of total volatility	1.07	1.83	-0.76
Sortino ratio: Return per unit of downside risk	1.60	2.71	-1.11
Omega ratio: Gain probability vs. loss probability	1.19	1.35	-0.16
Calmar ratio: Return relative to maximum drawdown	1.25	2.49	-1.23
Martin ratio: Return relative to average drawdown	3.30	8.88	-5.57

VGVT vs. MYCI - Sharpe Ratio Comparison

The current VGVT Sharpe Ratio is 1.07, which is lower than the MYCI Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of VGVT and MYCI, 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

VGVT vs. MYCI - Drawdown Comparison

The maximum VGVT drawdown since its inception was -2.77%, which is greater than MYCI's maximum drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for VGVT and MYCI.

Drawdown Indicators

	VGVT	MYCI	Difference
Max Drawdown Largest peak-to-trough decline	-2.77%	-2.43%	-0.34%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	-1.56%	-1.21%
Current Drawdown Current decline from peak	-2.00%	-0.55%	-1.45%
Average Drawdown Average peak-to-trough decline	-0.77%	-0.53%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	0.44%	+0.61%

Volatility

VGVT vs. MYCI - Volatility Comparison

Vanguard Government Securities Active ETF (VGVT) has a higher volatility of 1.02% compared to State Street My2029 Corporate Bond ETF (MYCI) at 0.67%. This indicates that VGVT's price experiences larger fluctuations and is considered to be riskier than MYCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGVT	MYCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	0.67%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	2.49%	1.62%	+0.87%
Volatility (1Y) Calculated over the trailing 1-year period	3.24%	2.13%	+1.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.25%	2.99%	+0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.25%	2.99%	+0.26%

VGVT vs. MYCI - Expense Ratio Comparison

VGVT has a 0.10% expense ratio, which is lower than MYCI's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VGVT vs. MYCI - Dividend Comparison

VGVT's dividend yield for the trailing twelve months is around 4.38%, less than MYCI's 4.57% yield.

Position	TTM	2025	2024
MYCI State Street My2029 Corporate Bond ETF	4.57%	4.56%	1.19%
VGVT Vanguard Government Securities Active ETF	4.38%	2.29%	0.00%

Frequently Asked Questions

Can I hold both VGVT and MYCI in my portfolio?

VGVT and MYCI 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.

Which is riskier, VGVT or MYCI?

VGVT has higher volatility (1.02%) compared to MYCI (0.67%). In terms of maximum drawdown, VGVT dropped -2.77% vs MYCI's -2.43%.

Which ETF is better, VGVT or MYCI?

On 1-year performance, MYCI leads with 3.88% vs 3.46% for VGVT. On fees, VGVT is cheaper at 0.10% per year. On volatility, MYCI has been the lower-risk option at 0.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VGVT or MYCI?

Over the 1-year period, MYCI has performed better with a 3.88% return vs 3.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VGVT or MYCI?

VGVT is cheaper with a 0.10% expense ratio, compared with 0.15% for MYCI.

Which ETF pays a higher dividend yield, VGVT or MYCI?

MYCI has the higher dividend yield at 4.57%, compared with 4.38% for VGVT.

What is the main difference between VGVT and MYCI?

VGVT is categorized as Intermediate Core Bond, while MYCI is Corporate Bonds. They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.10% for VGVT and 0.15% for MYCI.

Which has better risk-adjusted returns?

MYCI currently has the higher Sharpe Ratio (1.83 vs 1.07), 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.