- ISIN
- US85749R5110
- CUSIP
- 85749R511
- Issuer
- State Street
- Inception Date
- Sep 29, 2014
- Category
- Target Retirement Date
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
SSFNX Performance Chart
State Street Target Retirement Fund (SSFNX) is up 5.1% since the beginning of the year. SSFNX is currently trading at $12 per share. Investors who bought $1,000 worth of SSFNX shares 5 years ago would now be looking at an investment worth $1,248.
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Returns By Period
State Street Target Retirement Fund (SSFNX) has returned 5.13% so far this year and 12.01% over the past 12 months. Over the last ten years, SSFNX has returned 5.84% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
State Street Target Retirement Fund
- 1D
- 0.42%
- 1M
- 0.34%
- YTD
- 5.13%
- 6M
- 5.02%
- 1Y
- 12.01%
- 3Y*
- 9.36%
- 5Y*
- 4.53%
- 10Y*
- 5.84%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SSFNX Monthly Returns History
Based on dividend-adjusted daily data since Oct 1, 2014, SSFNX's average daily return is +0.02%, while the average monthly return is +0.45%. At this rate, an investment would double in approximately 12.9 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +5.0%, while the worst month was Mar 2020 at -6.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.
On a daily basis, SSFNX closed higher 48% of trading days. The best single day was Nov 11, 2022 with a return of +3.4%, while the worst single day was Mar 16, 2020 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.59% | 1.48% | -2.49% | 3.52% | 1.36% | -0.34% | 5.13% | ||||||
| 2025 | 1.59% | 0.92% | -1.00% | 0.28% | 1.56% | 2.08% | 0.27% | 1.95% | 1.39% | 0.68% | 0.68% | 0.06% | 10.93% |
| 2024 | -0.09% | 0.85% | 1.51% | -2.22% | 2.37% | 0.93% | 2.11% | 1.71% | 1.59% | -1.91% | 1.86% | -1.71% | 7.05% |
| 2023 | 4.09% | -2.11% | 2.05% | 0.67% | -1.14% | 1.93% | 1.51% | -1.21% | -2.36% | -1.54% | 5.00% | 3.70% | 10.73% |
| 2022 | -2.75% | -1.11% | -0.43% | -4.00% | 0.27% | -4.34% | 4.34% | -2.99% | -5.78% | 2.18% | 4.26% | -2.02% | -12.21% |
| 2021 | -0.25% | 0.59% | 0.91% | 2.06% | 0.81% | 0.64% | 1.11% | 0.00% | -1.81% | 1.92% | -0.94% | 1.70% | 6.87% |
Benchmark Metrics
State Street Target Retirement Fund has an annualized alpha of 1.24%, beta of 0.32, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since October 01, 2014.
- This fund participated in 43.51% of S&P 500 Index downside but only 36.56% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.32 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.24%
- Beta
- 0.32
- R²
- 0.78
- Upside Capture
- 36.56%
- Downside Capture
- 43.51%
Expense Ratio
SSFNX has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
SSFNX ranks 83 for risk / return — in the top 83% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for State Street Target Retirement Fund (SSFNX) 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.
| SSFNX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.37 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 2.78 | +0.61 |
| Martin ratioReturn relative to average drawdown | 15.06 | 12.44 | +2.62 |
Dividends
Dividend History
State Street Target Retirement Fund provided a 4.63% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.55 | $0.62 | $0.56 | $0.51 | $0.80 | $0.19 | $0.37 | $0.44 | $0.29 | $0.19 | $0.20 |
Dividend yield | 4.63% | 4.86% | 5.78% | 5.26% | 5.12% | 6.69% | 1.61% | 3.35% | 4.40% | 2.72% | 1.84% | 2.05% |
Monthly Dividends
The table displays the monthly dividend distributions for State Street Target Retirement 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 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.56 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.51 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.80 |
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 Target Retirement 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 Target Retirement Fund was 16.62%, occurring on Oct 14, 2022. Recovery took 417 trading sessions.
The current State Street Target Retirement Fund drawdown is 0.42%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -16.62%Oct 2022 | 11mo 8d | 1y 8mo | 2y 7moNov 2021 - Jun 2024 |
COVID crash2020 | -14.56%Mar 2020 | 1mo 1d | 2mo 17d | 3mo 18dFeb 2020 - Jun 2020 |
2016 pullback2016 | -6.92%Feb 2016 | 9mo 19d | 3mo 27d | 1y 1moApr 2015 - Jun 2016 |
Rate-hike selloffLate 2018 | -6.12%Dec 2018 | 3mo 26d | 1mo 23d | 5mo 19dAug 2018 - Feb 2019 |
2025 selloff2025 | -5.21%Apr 2025 | 1mo 6d | 1mo 4d | 2mo 10dMar 2025 - May 2025 |
Drawdown Indicators
| SSFNX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.62% | -56.78% | +40.16% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -9.10% | +5.58% |
Max Drawdown (3Y)Largest decline over 3 years | -5.40% | -18.90% | +13.50% |
Max Drawdown (5Y)Largest decline over 5 years | -16.62% | -25.43% | +8.81% |
Max Drawdown (10Y)Largest decline over 10 years | -16.62% | -33.92% | +17.30% |
Current DrawdownCurrent decline from peak | -0.42% | -1.80% | +1.38% |
Average DrawdownAverage peak-to-trough decline | -2.51% | -10.71% | +8.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 2.03% | -1.24% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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