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Upturn AI SWOT - About
SPDR SSGA My2031 Corporate Bond ETF (MYCK)
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Upturn Advisory Summary
10/24/2025: MYCK (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 4.26% | Avg. Invested days 67 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 23.39 - 24.86 | Updated Date 06/28/2025 |
52 Weeks Range 23.39 - 24.86 | Updated Date 06/28/2025 |
Upturn AI SWOT
SPDR SSGA My2031 Corporate Bond ETF
ETF Overview
Overview
The SPDR SSGA My2031 Corporate Bond ETF (SPYB) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE BofA 2031 Maturity Corporate Bond Index. It invests primarily in U.S. dollar-denominated investment-grade corporate bonds with a final maturity date in the year 2031.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long track record in the ETF market.
Management Expertise
SSGA has extensive experience in managing fixed-income ETFs and employs a team of experienced portfolio managers.
Investment Objective
Goal
The ETF aims to track the performance of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2031.
Investment Approach and Strategy
Strategy: The ETF employs a passive investment strategy, seeking to replicate the performance of the ICE BofA 2031 Maturity Corporate Bond Index.
Composition The ETF holds a portfolio of investment-grade corporate bonds with maturity dates in 2031.
Market Position
Market Share: SPYB's market share is not easily isolated due to the diverse landscape of corporate bond ETFs and target maturity ETFs. It is a niche offering.
Total Net Assets (AUM): 54890000
Competitors
Key Competitors
- Guggenheim BulletShares 2031 Corporate Bond ETF (BSKU)
- Invesco BulletShares 2031 Corporate Bond ETF (BSCU)
- iShares iBonds Dec 2031 Term Corporate ETF (IBDM)
Competitive Landscape
The competitive landscape is defined by target maturity corporate bond ETFs from major ETF providers. SPYB competes with larger, more established ETFs like those from Invesco and BlackRock. SPYB's advantage may lie in its specific index tracking and potentially lower expense ratio compared to some competitors, but it needs to establish a stronger AUM base.
Financial Performance
Historical Performance: Historical performance data should be acquired from reliable sources and represented as time series data for returns and volatility.
Benchmark Comparison: The ETF's performance should be compared against the ICE BofA 2031 Maturity Corporate Bond Index.
Expense Ratio: 0.12
Liquidity
Average Trading Volume
The ETF's average daily trading volume is relatively low, indicating moderate liquidity.
Bid-Ask Spread
The bid-ask spread is variable but can widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, and credit spreads are key market factors affecting the ETF's performance. Corporate bond ETFs are sensitive to changes in interest rates and economic outlook.
Growth Trajectory
Growth trajectory depends on demand for target maturity bond ETFs and the ETF's ability to attract assets. Strategy and holding changes would be driven by the index methodology.
Moat and Competitive Advantages
Competitive Edge
SPYB's competitive edge relies on its target maturity strategy, allowing investors to ladder bond maturities. It offers a straightforward approach to gaining exposure to a portfolio of corporate bonds maturing in a specific year, simplifying fixed-income investing. SSGA's reputation also provides credibility. However, low AUM may discourage larger investors.
Risk Analysis
Volatility
The ETF's volatility is correlated with the overall corporate bond market and interest rate sensitivity.
Market Risk
The ETF is subject to market risk, including interest rate risk, credit risk, and liquidity risk.
Investor Profile
Ideal Investor Profile
The ideal investor is a long-term investor seeking predictable income and capital preservation through exposure to investment-grade corporate bonds with a defined maturity date.
Market Risk
The ETF is suitable for long-term investors and those building a bond laddering strategy. It can also be used as a core holding in a fixed-income portfolio.
Summary
The SPDR SSGA My2031 Corporate Bond ETF (SPYB) provides targeted exposure to investment-grade corporate bonds maturing in 2031. It offers a passive investment strategy tracking the ICE BofA 2031 Maturity Corporate Bond Index. While it benefits from SSGA's reputable management, its relatively small AUM and limited trading volume suggest moderate liquidity. It's best suited for long-term investors constructing bond ladders or seeking specific maturity exposure, but they should be aware of interest rate and credit risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA) Website
- ICE Data Indices
- Bloomberg
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and do not constitute investment advice. Investment decisions should be based on individual circumstances and consultation with a financial professional. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR SSGA My2031 Corporate Bond ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal circumstances, SSGA Funds Management, Inc. invests at least 80% of the fund"s net assets (plus borrowings for investment purposes) in corporate bonds. The fund primarily invests in corporate bonds maturing in the year 2031, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.
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