SSGA Active Trust State Street My2031 Municipal Bond ETF (MYMK) — Stock Correlations & Overview

Over the past year, MYMK has moved most closely with MUNC, FLMB, VTEB. Explore the stocks most correlated and inversely correlated with MYMK below, along with its price, financials, and company profile.

Stocks correlated with MYMK

Correlation of daily returns. Higher positive values move with MYMK; negative values move opposite it. Informational only, not investment advice.

Most correlated with MYMK

SymbolCompanyCorrelation
MUNCNorthern Trust 2045 Tax-Exempt Distributing Ladder ETF0.73
FLMBFranklin Municipal Green Bond ETF0.73
VTEBVanguard Tax-Exempt Bond Index Fund0.72
VTEIVanguard Intermediate-Term Tax-Exempt Bond ETF0.72
TAXINorthern Trust Intermediate Tax-Exempt Bond ETF0.72

Most inversely correlated with MYMK

SymbolCompanyCorrelation
PSTProShares Trust UltraShort Lehman 7-10 Year Treasury-0.43
TYODirexion Daily 7-10 Year Treasury Bear 3X ETF-0.43
KGEIKolibri Global Energy Inc. Common Stock-0.42
TMVDirexion Daily 20+ Year Treasury Bear 3X ETF-0.41
TBXProShares Short 7-10 Year Treasury-0.40

Frequently asked questions about MYMK correlations

Which stocks are most correlated with MYMK?
Based on one year of daily returns, the stocks most correlated with SSGA Active Trust State Street My2031 Municipal Bond ETF (MYMK) are MUNC (0.73), FLMB (0.73) and VTEB (0.72). 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 MYMK?
Over the past year, the stocks most inversely correlated with SSGA Active Trust State Street My2031 Municipal Bond ETF (MYMK) are PST (-0.43), TYO (-0.43) and KGEI (-0.42). 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 MYMK correlations calculated?
We compute the correlation of daily returns between MYMK 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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