SSGA Active Trust State Street My2028 Municipal Bond ETF (MYMH) — Stock Correlations & Overview
Over the past year, MYMH has moved most closely with MYMG, MYMJ, VSDM. Explore the stocks most correlated and inversely correlated with MYMH below, along with its price, financials, and company profile.
Stocks correlated with MYMH
Correlation of daily returns. Higher positive values move with MYMH; negative values move opposite it. Informational only, not investment advice.
Most correlated with MYMH
| Symbol | Company | Correlation |
|---|---|---|
| MYMG | SSGA Active Trust State Street My2027 Municipal Bond ETF | 0.76 |
| MYMJ | SSGA Active Trust State Street My2030 Municipal Bond ETF | 0.72 |
| VSDM | Vanguard Short Duration Tax-Exempt Bond ETF | 0.71 |
| VCRM | Vanguard Core Tax-Exempt Bond ETF | 0.70 |
| TAXT | Northern Trust Tax-Exempt Bond ETF | 0.70 |
Most inversely correlated with MYMH
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.42 |
| TBX | ProShares Short 7-10 Year Treasury | -0.41 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.40 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.39 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.39 |
Frequently asked questions about MYMH correlations
- Which stocks are most correlated with MYMH?
- Based on one year of daily returns, the stocks most correlated with SSGA Active Trust State Street My2028 Municipal Bond ETF (MYMH) are MYMG (0.76), MYMJ (0.72) and VSDM (0.71). 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 MYMH?
- Over the past year, the stocks most inversely correlated with SSGA Active Trust State Street My2028 Municipal Bond ETF (MYMH) are PST (-0.42), TBX (-0.41) and TMV (-0.40). 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 MYMH correlations calculated?
- We compute the correlation of daily returns between MYMH 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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