MYCL vs SPY
State Street My2032 Corporate Bond ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MYCL | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.09% | |
| AUM | $12M | $821.1B | |
| Dividend Yield | 4.69% | 1.01% | |
| Holdings | 109 | 505 | |
| YTD Return | -0.01% | +12.68% | |
| 1Y Return | +3.05% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 3.8% | 15.3% | |
| Max Drawdown | -4.0% | -56.5% | |
| Fund Family | State Street Investment Management | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 23, 2024 | Jan 22, 1993 |
MYCL vs SPY Performance
State Street My2032 Corporate Bond ETF (MYCL) is a ETF from State Street Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MYCL returned +3.05% while SPY returned +21.82%. Year to date, MYCL is down 0.01% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 3.8% for MYCL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.0% for MYCL and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MYCL charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, MYCL currently yields 4.69% against 1.01% for SPY.
Holdings Overlap
MYCL and SPY share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MYCL or SPY?
MYCL has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, MYCL or SPY?
Over the past year MYCL returned +3.05% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), MYCL annualized +3.19% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, MYCL or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 3.8% for MYCL. Worst drawdown: MYCL -4.0% vs SPY -56.5%.
Should I hold both MYCL and SPY?
MYCL and SPY have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MYCL and SPY?
MYCL and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, MYCL or SPY?
MYCL yields 4.69% while SPY yields 1.01%, so MYCL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.