A side-by-side comparison of State Street My2031 High Yield Corporate Bond ETF (MYHE) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | MYHE | BSCR |
|---|---|---|
| YTD Return | -2.88% | +0.63%✓ |
| 1-Day Change | -0.25% | -0.15%✓ |
| 1-Week Change | +0.76%✓ | -0.05% |
| 1-Month Change | -0.42% | -0.08%✓ |
| Current Price | $23.79 | $19.57 |
| AUM | $6M | $4.49B✓ |
| MER (Expense Ratio) | — | 0.09% |
| Dividend Yield | — | 4.14% |
| Distribution Frequency | — | — |
| Inception Date | 2026-02-25 | 2017-09-27 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Target Maturity Bonds | Target Maturity Bonds |
| Beta | 0.00 | 0.37 |
| 52-Week High | $25.88 | $19.60 |
| 52-Week Low | $23.30 | $18.90 |
| 50-Day MA | $24.08 | $19.58 |
| 200-Day MA | $24.65 | $19.64 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | MYHE | BSCR |
|---|---|---|
| YTD | -2.88% | +0.63%✓ |
| 1 Year | — | +3.45% |
| 3 Year | — | +5.97% |
| 5 Year | — | +1.71% |
| 10 Year | — | +0.00% |
| 1Y Volatility | 0.00% | 0.65% |
| Sharpe Ratio (3Y) | 0.00 | 0.60 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | GVMXX | State Street Master Funds - State Street U.S. Government Money Market Portfolio | 2.57% |
| 1 | AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | 0.08% |
Sector Weights
| Sector | MYHE | BSCR |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About MYHE
Under normal circumstances, SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM") invests at least 80% of the fund's net assets (plus borrowings for investment purposes) in corporate bonds rated below investment grade (commonly referred to as "high yield" or "junk" bonds). The fund is non-diversified.
About BSCR
The fund generally will invest at least 80% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Invesco Indexing LLC compiles and maintains the underlying index. The index provider is affiliated with Invesco Capital Management LLC, the fund"s investment adviser (the "Adviser"), and Invesco Distributors, Inc., the fund"s distributor.
Which ETF is Right for You?
Both MYHE and BSCR are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, BSCR scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between MYHE and BSCR?
MYHE (State Street My2031 High Yield Corporate Bond ETF) and BSCR (Invesco BulletShares 2027 Corporate Bond ETF) are both Canadian-listed ETFs. Key differences include their AUM ($6M vs $4.49B), dividend yield (N/A vs 4.14%), and year-to-date performance (-2.88% vs +0.63%).
Is MYHE better than BSCR?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy MYHE and BSCR on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both MYHE and BSCR should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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