MYMK:NASDAQState Street My2031 Municipal Bond ETF Analysis
Data as of 2026-07-03 - not real-time
$25.04
Latest Price
5/10Risk
Risk Level: Medium
Executive Summary
The ETF is trading at $25.04, tightly sandwiched between a support of $24.97 and resistance of $25.12, while the 20‑day and 50‑day SMAs (25.022 and 24.993) sit just below the current price, indicating a modest upward bias. MACD has turned bullish with a positive histogram, and the RSI 14 at 52.5 confirms a neutral‑to‑slightly‑positive momentum. Volatility remains low at 1.95% (30‑day) and beta is near zero (0.04), suggesting the fund is insulated from broader market swings.
The fund offers a 30‑day SEC yield of 2.84% with a modest expense ratio of 0.20% and has experienced an increasing volume trend despite a small asset base (~$10 M). A max drawdown of only –2.45% and a tracking error of zero highlight strong stability, though limited liquidity and a narrow municipal‑bond focus introduce medium‑level concentration and liquidity considerations.
The fund offers a 30‑day SEC yield of 2.84% with a modest expense ratio of 0.20% and has experienced an increasing volume trend despite a small asset base (~$10 M). A max drawdown of only –2.45% and a tracking error of zero highlight strong stability, though limited liquidity and a narrow municipal‑bond focus introduce medium‑level concentration and liquidity considerations.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 6/10
Key Factors
- Bullish MACD crossover
- Increasing trading volume
- Low short‑term volatility
Medium Term
1–3 yearsNeutral
Model confidence: 7/10
Key Factors
- Stable 2.84% SEC yield
- Near‑zero beta and tracking error
- Low expense ratio
Long Term
> 3 yearsNeutral
Model confidence: 5/10
Key Factors
- Target maturity 2031 aligns with investor horizon
- Tax‑exempt municipal exposure
- Potential liquidity constraints as assets remain modest
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.20%
AUM$10.0M
Inception Date2025-09-16
Avg Daily Volume2,520
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendNeutral
RSI52.5
Support$24.97
Resistance$25.12
MA 20$25.02
MA 50$24.99
MA 200$25.09
MACDBullish
VolumeIncreasing
Fear & Greed Index92.93
Risk Assessment
Beta0.04
Volatility1.95%
Currency RiskLow
Liquidity RiskMedium
Similar Tickers
This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.