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Upturn AI SWOT - About
SPDR SSGA My2031 Corporate Bond ETF (MYCK)
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Upturn Advisory Summary
08/14/2025: 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 2.02% | Avg. Invested days 42 | 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 08/14/2025 |
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 correspond generally to the price and yield performance of the ICE BofA 2031 Maturity Corporate Bond Index. The fund primarily invests in USD-denominated investment grade corporate bonds with maturities in the year 2031.
Reputation and Reliability
State Street Global Advisors (SSGA) is one of the largest asset managers globally, with a strong reputation and extensive track record.
Management Expertise
SSGA has a seasoned fixed income team with expertise in managing bond portfolios and target maturity strategies.
Investment Objective
Goal
Seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA 2031 Maturity Corporate Bond Index.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the performance of the ICE BofA 2031 Maturity Corporate Bond Index, which tracks the performance of USD-denominated investment grade corporate bonds maturing in 2031.
Composition The ETF holds a portfolio of USD-denominated, investment-grade corporate bonds that mature in the year 2031.
Market Position
Market Share: SPYB's market share within the defined maturity corporate bond ETF segment is moderate.
Total Net Assets (AUM): 168100000
Competitors
Key Competitors
- Invesco BulletShares 2031 Corporate Bond ETF (BSKU)
- iShares iBonds Dec 2031 Term Corporate ETF (IBDN)
Competitive Landscape
The competitive landscape involves several target maturity corporate bond ETFs. SPYB benefits from SSGA's brand recognition, but faces strong competition from larger ETFs like BSKU and IBDN that have higher AUM and trading volume. SPYB's success depends on offering a competitive expense ratio and tracking the index effectively.
Financial Performance
Historical Performance: Historical performance data should be sourced from financial data providers (e.g., Bloomberg, Morningstar).
Benchmark Comparison: Benchmark comparisons should be sourced from financial data providers (e.g., Bloomberg, Morningstar).
Expense Ratio: 0.12
Liquidity
Average Trading Volume
The average trading volume is moderately liquid, providing sufficient opportunities to buy and sell shares.
Bid-Ask Spread
The bid-ask spread is typically tight, indicating relatively low transaction costs.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, credit spreads, and corporate bond market conditions all influence SPYB's performance.
Growth Trajectory
SPYB's growth depends on investor demand for target maturity corporate bond strategies and SSGA's ability to attract assets into the ETF. Changes to the underlying index and holdings are driven by bonds maturing and new issues entering the 2031 maturity cohort.
Moat and Competitive Advantages
Competitive Edge
SPYB's competitive advantages lies in SSGA's established brand, robust investment process, and access to institutional clients. The ETF offers exposure to a diversified portfolio of corporate bonds maturing in 2031, providing a predictable maturity date for investors. SSGAu2019s experience managing fixed-income portfolios enhances the fundu2019s stability. A low expense ratio also gives SPYB a slight edge over competitors.
Risk Analysis
Volatility
SPYB's volatility is moderate, reflecting the relatively stable nature of investment-grade corporate bonds.
Market Risk
SPYB is subject to market risk, including interest rate risk, credit risk, and liquidity risk. Changes in interest rates can negatively impact the value of the underlying bonds, while credit risk reflects the possibility of bond issuers defaulting.
Investor Profile
Ideal Investor Profile
The ideal investor profile for SPYB includes those seeking targeted exposure to corporate bonds maturing in 2031, typically for liability matching or fixed income portfolio diversification.
Market Risk
SPYB is suitable for long-term investors who want predictable income and principal repayment at a specific future date.
Summary
SPDR SSGA My2031 Corporate Bond ETF (SPYB) offers targeted exposure to USD-denominated, investment-grade corporate bonds maturing in 2031. Managed by SSGA, a reputable asset manager, SPYB provides a defined maturity date for predictable income and principal repayment. The ETF faces competition from other target maturity bond funds, but SSGA's experience and brand recognition provide a competitive edge. Investors should consider the ETF's expense ratio, liquidity, and underlying market risks before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA)
- Bloomberg
- Morningstar
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor.
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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