
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT
- About
SPDR SSGA My2034 Corporate Bond ETF (MYCN)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: MYCN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit -0.18% | Avg. Invested days 30 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 23.00 - 24.50 | Updated Date 06/28/2025 |
52 Weeks Range 23.00 - 24.50 | Updated Date 06/28/2025 |
Upturn AI SWOT
SPDR SSGA My2034 Corporate Bond ETF
ETF Overview
Overview
The SPDR SSGA My2034 Corporate Bond ETF (SPYX) seeks to provide investment results that correspond generally to the performance, before fees and expenses, of the ICE BofA 2034 Target Maturity Corporate Bond Index. The ETF focuses on U.S. dollar-denominated investment-grade corporate bonds with a final maturity date in the year 2034. Its investment strategy involves passively tracking the target index.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable ETF issuer with a long track record in the market.
Management Expertise
SSGA has significant expertise in managing fixed-income ETFs and passive investment strategies.
Investment Objective
Goal
To provide investment results that correspond generally to the performance, before fees and expenses, of the ICE BofA 2034 Target Maturity Corporate Bond Index.
Investment Approach and Strategy
Strategy: The ETF aims to track a specific index, the ICE BofA 2034 Target Maturity Corporate Bond Index.
Composition The ETF holds U.S. dollar-denominated investment-grade corporate bonds with a final maturity date in the year 2034.
Market Position
Market Share: Data is unavailable to determine the exact market share.
Total Net Assets (AUM): 102650000
Competitors
Key Competitors
- iShares iBonds Dec 2034 Term Corporate ETF (IBDO)
- Invesco BulletShares 2034 Corporate Bond ETF (BSDS)
Competitive Landscape
The competitive landscape consists of several target maturity corporate bond ETFs. SPYX competes with other ETFs that target similar maturity dates. A potential advantage of SPYX is its issuer, SSGA, a large and well-known asset manager. However, IBDO and BSDS have a much higher market presence.
Financial Performance
Historical Performance: Historical performance data needs to be obtained from financial data providers.
Benchmark Comparison: Benchmark comparison requires historical performance data of both the ETF and its underlying index.
Expense Ratio: 0.06
Liquidity
Average Trading Volume
Average trading volume data requires a current market data feed.
Bid-Ask Spread
Bid-ask spread data requires a current market data feed.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates and credit spreads, sector growth prospects, and overall market conditions significantly influence SPYX's performance.
Growth Trajectory
SPYX's growth trajectory depends on investor demand for target maturity corporate bond ETFs and its ability to track its underlying index efficiently. Changes to strategy and holdings are generally limited due to its passive, index-tracking nature.
Moat and Competitive Advantages
Competitive Edge
SPYX's competitive edge lies in its issuer, State Street Global Advisors, and its commitment to tracking the ICE BofA 2034 Target Maturity Corporate Bond Index with low cost. It offers a simple and transparent approach to gaining exposure to a portfolio of investment-grade corporate bonds maturing in 2034. Its relatively low expense ratio compared to actively managed funds may also be considered an advantage. However, SPYX has significantly lower AUM than its main competitors IBDO and BSDS which reduces its competitive appeal.
Risk Analysis
Volatility
Volatility is dependent on market data feeds and historical performance.
Market Risk
SPYX is subject to market risk, including interest rate risk, credit risk, and inflation risk. Changes in interest rates can negatively impact the ETF's value, and credit downgrades of the underlying bonds can also lead to losses.
Investor Profile
Ideal Investor Profile
The ideal investor for SPYX is a long-term investor seeking exposure to a diversified portfolio of investment-grade corporate bonds maturing in 2034 to match specific liabilities or investment horizons.
Market Risk
SPYX is best suited for long-term investors seeking a passive, buy-and-hold approach to fixed-income investing. It is not ideal for active traders seeking short-term gains.
Summary
The SPDR SSGA My2034 Corporate Bond ETF (SPYX) aims to provide investment results that correspond to the ICE BofA 2034 Target Maturity Corporate Bond Index. The ETF holds U.S. dollar-denominated investment-grade corporate bonds with a maturity date of 2034 and is best for investors looking to match liabilities with a fixed date. However, it faces competition from larger, better established ETFs like IBDO and BSDS. Its passive, index-tracking strategy and low expense ratio may be attractive to certain investors seeking a long-term, buy-and-hold approach to fixed income.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA) website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and after consultation with a qualified financial advisor. Market share data is based on publicly available information and may not be exact.
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 My2034 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 2034, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.