SSGA Active Trust State Street My2027 Municipal Bond ETF (MYMG) — Stock Correlations & Overview
Over the past year, MYMG has moved most closely with MYMH, VUSB, ULST. Explore the stocks most correlated and inversely correlated with MYMG below, along with its price, financials, and company profile.
Stocks correlated with MYMG
Correlation of daily returns. Higher positive values move with MYMG; negative values move opposite it. Informational only, not investment advice.
Most correlated with MYMG
| Symbol | Company | Correlation |
|---|---|---|
| MYMH | SSGA Active Trust State Street My2028 Municipal Bond ETF | 0.76 |
| VUSB | Vanguard Ultra-Short Bond ETF | 0.62 |
| ULST | State Street Ultra Short Term Bond ETF | 0.61 |
| SPTU | State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.60 |
| BILS | State Street SPDR Bloomberg 3-12 Month T-Bill ETF | 0.60 |
Most inversely correlated with MYMG
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.30 |
| TBX | ProShares Short 7-10 Year Treasury | -0.30 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.29 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.29 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.29 |
Frequently asked questions about MYMG correlations
- Which stocks are most correlated with MYMG?
- Based on one year of daily returns, the stocks most correlated with SSGA Active Trust State Street My2027 Municipal Bond ETF (MYMG) are MYMH (0.76), VUSB (0.62) and ULST (0.61). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with MYMG?
- Over the past year, the stocks most inversely correlated with SSGA Active Trust State Street My2027 Municipal Bond ETF (MYMG) are PST (-0.30), TBX (-0.30) and TMV (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these MYMG correlations calculated?
- We compute the correlation of daily returns between MYMG and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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