We use cookies to analyze site traffic and improve your experience.
By accepting, you consent to the use of analytics cookies.

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.

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 6/10

Key Factors

  • Bullish MACD crossover
  • Increasing trading volume
  • Low short‑term volatility

Medium Term

1–3 years
Neutral
Model confidence: 7/10

Key Factors

  • Stable 2.84% SEC yield
  • Near‑zero beta and tracking error
  • Low expense ratio

Long Term

> 3 years
Neutral
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

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.