BCEMX vs. SSKEX

Last updated Aug 4, 2026

BCEMX (Boston Common ESG Impact Emerging Markets Fund) and SSKEX (State Street Emerging Markets Equity Index Fund) are both Emerging Markets Equities funds. Over the past 3 years, BCEMX returned 17.81%/yr vs 19.60%/yr for SSKEX. Their correlation of 0.85 means they have usually moved in the same direction. BCEMX charges 0.99%/yr vs 0.17%/yr for SSKEX.

Performance

BCEMX vs. SSKEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boston Common ESG Impact Emerging Markets Fund (BCEMX) and State Street Emerging Markets Equity Index Fund (SSKEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCEMX achieves a 12.90% return, which is significantly lower than SSKEX's 21.11% return.

BCEMX

• 1D: 0.94%
• 1M: -3.61%
• 6M: 4.29%
• YTD: 12.90%
• 1Y: 35.33%
• 3Y*: 17.81%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.08%

SSKEX

• 1D: 3.48%
• 1M: -0.95%
• 6M: 12.32%
• YTD: 21.11%
• 1Y: 40.11%
• 3Y*: 19.60%
• 5Y*: 8.02%
• 10Y*: 9.03%
• ALL TIME*: 10.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BCEMX Boston Common ESG Impact Emerging Markets Fund	$0.00	$0.00	$0.00
SSKEX State Street Emerging Markets Equity Index Fund	$0.00	$0.00	$0.00

BCEMX vs. SSKEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BCEMX Boston Common ESG Impact Emerging Markets Fund	12.90%	37.06%	8.63%	6.39%	-17.32%	1.08%
SSKEX State Street Emerging Markets Equity Index Fund	21.11%	33.79%	7.00%	9.50%	-20.23%	1.01%

Correlation

The correlation between BCEMX and SSKEX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021	0.85

The correlation between BCEMX and SSKEX has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.

Return for Risk

BCEMX vs. SSKEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BCEMX

BCEMX Risk / Return Rank: 49
BCEMX Sharpe Ratio Rank: 47
BCEMX Sortino Ratio Rank: 41
BCEMX Omega Ratio Rank: 51
BCEMX Calmar Ratio Rank: 59
BCEMX Martin Ratio Rank: 48

SSKEX

SSKEX Risk / Return Rank: 73
SSKEX Sharpe Ratio Rank: 75
SSKEX Sortino Ratio Rank: 67
SSKEX Omega Ratio Rank: 75
SSKEX Calmar Ratio Rank: 81
SSKEX Martin Ratio Rank: 67

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BCEMX vs. SSKEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Boston Common ESG Impact Emerging Markets Fund (BCEMX) and State Street Emerging Markets Equity Index Fund (SSKEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	BCEMX	SSKEX	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.82	-0.37
Sortino ratio: Return per unit of downside risk	1.94	2.41	-0.47
Omega ratio: Gain probability vs. loss probability	1.28	1.34	-0.07
Calmar ratio: Return relative to maximum drawdown	2.21	2.79	-0.58
Martin ratio: Return relative to average drawdown	7.23	9.01	-1.78

BCEMX vs. SSKEX - Sharpe Ratio Comparison

The current BCEMX Sharpe Ratio is 1.45, which is comparable to the SSKEX Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of BCEMX and SSKEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BCEMX vs. SSKEX - Drawdown Comparison

The maximum BCEMX drawdown since its inception was -31.06%, smaller than the maximum SSKEX drawdown of -39.23%. Use the drawdown chart below to compare losses from any high point for BCEMX and SSKEX.

Drawdown Indicators

	BCEMX	SSKEX	Difference
Max Drawdown Largest peak-to-trough decline	-31.06%	-39.23%	+8.17%
Max Drawdown (1Y) Largest decline over 1 year	-15.40%	-13.74%	-1.66%
Max Drawdown (3Y) Largest decline over 3 years	-19.11%	-16.09%	-3.02%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.23%	—
Current Drawdown Current decline from peak	-10.71%	-7.35%	-3.36%
Average Drawdown Average peak-to-trough decline	-11.18%	-13.15%	+1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	4.25%	+0.45%

Volatility

BCEMX vs. SSKEX - Volatility Comparison

Boston Common ESG Impact Emerging Markets Fund (BCEMX) has a higher volatility of 10.41% compared to State Street Emerging Markets Equity Index Fund (SSKEX) at 9.04%. This indicates that BCEMX's price experiences larger fluctuations and is considered to be riskier than SSKEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCEMX	SSKEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.41%	9.04%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	21.31%	19.25%	+2.06%
Volatility (1Y) Calculated over the trailing 1-year period	23.55%	21.16%	+2.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.45%	17.40%	+2.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.45%	17.67%	+1.78%

BCEMX vs. SSKEX - Expense Ratio Comparison

BCEMX has a 0.99% expense ratio, which is higher than SSKEX's 0.17% expense ratio.

Dividends

BCEMX vs. SSKEX - Dividend Comparison

BCEMX's dividend yield for the trailing twelve months is around 1.93%, less than SSKEX's 2.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BCEMX Boston Common ESG Impact Emerging Markets Fund	1.93%	2.18%	2.33%	2.15%	2.02%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%
SSKEX State Street Emerging Markets Equity Index Fund	2.35%	2.85%	2.90%	3.26%	3.90%	1.95%	1.84%	2.84%	3.01%	2.55%	2.29%

Frequently Asked Questions

Can I hold both BCEMX and SSKEX in my portfolio?

BCEMX and SSKEX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BCEMX or SSKEX?

BCEMX has higher volatility (10.41%) compared to SSKEX (9.04%). In terms of maximum drawdown, BCEMX dropped -31.06% vs SSKEX's -39.23%.

Which has better risk-adjusted returns?

SSKEX currently has the higher Sharpe Ratio (1.82 vs 1.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.