- Issuer
- State Street
- Inception Date
- Dec 31, 1979
- Category
- Large Cap Blend Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
SSAQX Performance Chart
State Street U.S. Core Equity Fund (SSAQX) is up 6.5% since the beginning of the year. SSAQX is currently trading at $80 per share. Investors who bought $1,000 worth of SSAQX shares 5 years ago would now be looking at an investment worth $1,478.
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Returns By Period
State Street U.S. Core Equity Fund (SSAQX) has returned 6.53% so far this year and 16.64% over the past 12 months.
State Street U.S. Core Equity Fund
- 1D
- 2.04%
- 1M
- -0.21%
- 6M
- 5.25%
- YTD
- 6.53%
- 1Y
- 16.64%
- 3Y*
- 11.79%
- 5Y*
- 8.13%
- 10Y*
- —
- ALL TIME*
- 8.83%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
SSAQX Monthly Returns History
Based on dividend-adjusted daily data since May 24, 2021, SSAQX's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, an investment would double in approximately 7.0 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2026 with a return of +10.4%, while the worst month was Dec 2024 at -18.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SSAQX closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +9.3%, while the worst single day was Dec 27, 2024 at -17.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.21% | -2.03% | -5.32% | 10.37% | 3.99% | -1.06% | -0.07% | 6.53% | |||||
| 2025 | 2.42% | -2.14% | -5.64% | -0.54% | 6.36% | 5.49% | 3.41% | 1.54% | 2.73% | 3.04% | 0.34% | -0.23% | 17.43% |
| 2024 | 2.32% | 6.52% | 3.20% | -4.05% | 4.72% | 3.95% | 1.04% | 2.44% | 1.58% | -1.08% | 5.09% | -18.21% | 5.04% |
| 2023 | 6.85% | -2.95% | 2.97% | 2.04% | 1.53% | 6.27% | 3.11% | -1.03% | -4.77% | -1.21% | 9.23% | 4.53% | 28.87% |
| 2022 | -3.94% | -3.58% | 2.31% | -8.55% | 0.20% | -7.90% | 9.53% | -4.08% | -9.28% | 7.20% | 5.76% | -5.43% | -18.27% |
| 2021 | 0.00% | 2.37% | 2.47% | 2.12% | -4.40% | 6.57% | -1.66% | 4.37% | 12.02% |
Benchmark Metrics
State Street U.S. Core Equity Fund has an annualized alpha of -2.65%, beta of 1.03, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since May 24, 2021.
- This fund participated in 113.28% of S&P 500 Index downside but only 101.00% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.65% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 1.03 and R2 of 0.85, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -2.65%
- Beta
- 1.03
- R²
- 0.85
- Upside Capture
- 101.00%
- Downside Capture
- 113.28%
Expense Ratio
SSAQX has an expense ratio of 0.16%, which is considered low.
Return for Risk
Risk / Return Rank
SSAQX ranks 31 for risk / return — above 31% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for State Street U.S. Core Equity Fund (SSAQX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SSAQX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 2.00 | -0.65 |
| Martin ratioReturn relative to average drawdown | 5.55 | 8.49 | -2.94 |
Dividends
Dividend History
State Street U.S. Core Equity Fund provided a 11.28% dividend yield over the last twelve months, with an annual payout of $9.02 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $9.02 | $9.02 | $0.00 | $2.63 | $5.42 | $9.80 |
Dividend yield | 11.28% | 12.02% | 0.00% | 3.83% | 9.83% | 13.21% |
Monthly Dividends
The table displays the monthly dividend distributions for State Street U.S. Core Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $9.02 | $0.00 | $9.02 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.63 | $2.63 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.42 | $5.42 |
| 2021 | $9.80 | $9.80 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the State Street U.S. Core Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the State Street U.S. Core Equity Fund was 31.70%, occurring on Apr 8, 2025. Recovery took 270 trading sessions.
The current State Street U.S. Core Equity Fund drawdown is 1.84%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-31.70%Apr 2025 | 4mo | 1y 28d | 1y 4moDec 2024 - May 2026 | 2025 selloff2025 |
-24.72%Oct 2022 | 9mo 12d | 1y 1mo | 1y 10moJan 2022 - Nov 2023 | Bear market2022 |
-8.20%Aug 2024 | 19d | 1mo 15d | 2mo 4dJul 2024 - Sep 2024 | — |
-5.43%Apr 2024 | 22d | 25d | 1mo 17dMar 2024 - May 2024 | — |
-5.34%Dec 2021 | 22d | 26d | 1mo 18dNov 2021 - Dec 2021 | — |
Drawdown Indicators
| SSAQX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -56.78% | +25.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.74% | -9.10% | -1.64% |
Max Drawdown (3Y)Largest decline over 3 years | -31.70% | -18.90% | -12.80% |
Max Drawdown (5Y)Largest decline over 5 years | -31.70% | -25.43% | -6.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.84% | -1.58% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -7.88% | -10.70% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 2.14% | +0.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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