PAPPX vs. SSMHX
Compare and contrast key facts about Papp Small & Mid-Cap Growth Fund (PAPPX) and State Street Small/Mid Cap Equity Index Portfolio (SSMHX).
PAPPX is managed by Papp. It was launched on Mar 8, 2010. SSMHX is managed by State Street. It was launched on Aug 11, 2015.
Performance
PAPPX vs. SSMHX - Performance Comparison
Loading graphics...
PAPPX vs. SSMHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAPPX Papp Small & Mid-Cap Growth Fund | -4.63% | 4.72% | 2.64% | 11.49% | -22.71% | 14.71% | 24.74% | 34.77% | -3.03% | 25.79% |
SSMHX State Street Small/Mid Cap Equity Index Portfolio | -4.45% | 12.90% | 10.73% | 25.21% | -25.43% | 13.08% | 32.46% | 28.00% | -9.21% | 18.26% |
Returns By Period
The year-to-date returns for both investments are quite close, with PAPPX having a -4.63% return and SSMHX slightly higher at -4.45%. Over the past 10 years, PAPPX has underperformed SSMHX with an annualized return of 7.91%, while SSMHX has yielded a comparatively higher 10.38% annualized return.
PAPPX
- 1D
- 0.24%
- 1M
- -8.54%
- YTD
- -4.63%
- 6M
- -4.04%
- 1Y
- 2.36%
- 3Y*
- 2.65%
- 5Y*
- -0.16%
- 10Y*
- 7.91%
SSMHX
- 1D
- -0.92%
- 1M
- -8.01%
- YTD
- -4.45%
- 6M
- -3.94%
- 1Y
- 17.75%
- 3Y*
- 12.19%
- 5Y*
- 3.29%
- 10Y*
- 10.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PAPPX vs. SSMHX - Expense Ratio Comparison
PAPPX has a 1.27% expense ratio, which is higher than SSMHX's 0.02% expense ratio.
Return for Risk
PAPPX vs. SSMHX — Risk / Return Rank
PAPPX
SSMHX
PAPPX vs. SSMHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Papp Small & Mid-Cap Growth Fund (PAPPX) and State Street Small/Mid Cap Equity Index Portfolio (SSMHX). 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.
| PAPPX | SSMHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.15 | 0.78 | -0.63 |
Sortino ratioReturn per unit of downside risk | 0.35 | 1.23 | -0.88 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.17 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.08 | 1.02 | -0.94 |
Martin ratioReturn relative to average drawdown | 0.27 | 4.33 | -4.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PAPPX | SSMHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 0.78 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.15 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.47 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.40 | +0.09 |
Correlation
The correlation between PAPPX and SSMHX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PAPPX vs. SSMHX - Dividend Comparison
PAPPX's dividend yield for the trailing twelve months is around 3.31%, less than SSMHX's 7.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAPPX Papp Small & Mid-Cap Growth Fund | 3.31% | 3.15% | 0.00% | 0.00% | 0.00% | 5.68% | 2.19% | 2.97% | 3.03% | 8.33% | 0.00% | 2.46% |
SSMHX State Street Small/Mid Cap Equity Index Portfolio | 7.46% | 7.12% | 0.00% | 1.56% | 2.31% | 16.30% | 2.91% | 3.65% | 6.43% | 4.01% | 1.71% | 0.73% |
Drawdowns
PAPPX vs. SSMHX - Drawdown Comparison
The maximum PAPPX drawdown since its inception was -34.51%, smaller than the maximum SSMHX drawdown of -41.61%. Use the drawdown chart below to compare losses from any high point for PAPPX and SSMHX.
Loading graphics...
Drawdown Indicators
| PAPPX | SSMHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.51% | -41.61% | +7.10% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -14.48% | +2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -30.93% | -34.84% | +3.91% |
Max Drawdown (10Y)Largest decline over 10 years | -34.51% | -41.61% | +7.10% |
Current DrawdownCurrent decline from peak | -11.82% | -10.03% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -6.54% | -9.27% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 3.41% | +0.16% |
Volatility
PAPPX vs. SSMHX - Volatility Comparison
The current volatility for Papp Small & Mid-Cap Growth Fund (PAPPX) is 3.93%, while State Street Small/Mid Cap Equity Index Portfolio (SSMHX) has a volatility of 5.96%. This indicates that PAPPX experiences smaller price fluctuations and is considered to be less risky than SSMHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PAPPX | SSMHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 5.96% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | 12.78% | -2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.12% | 22.45% | -4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 22.38% | -4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.70% | 22.33% | -3.63% |