SOPAX vs. SSSYX

Last updated Apr 1, 2026

Compare and contrast key facts about ClearBridge Dividend Strategy Fund (SOPAX) and State Street Equity 500 Index Fund Class K (SSSYX).

SOPAX is managed by Franklin Templeton. It was launched on Nov 6, 1992. SSSYX is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Sep 17, 2014.

Performance

SOPAX vs. SSSYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Dividend Strategy Fund (SOPAX) and State Street Equity 500 Index Fund Class K (SSSYX). The values are adjusted to include any dividend payments, if applicable.

SOPAX vs. SSSYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SOPAX ClearBridge Dividend Strategy Fund	-1.64%	12.27%	16.77%	14.13%	-8.41%	26.36%	7.62%	30.97%	-5.18%	18.58%
SSSYX State Street Equity 500 Index Fund Class K	-7.05%	17.81%	24.99%	26.27%	-18.16%	28.51%	18.31%	31.38%	-4.38%	21.61%

Returns By Period

In the year-to-date period, SOPAX achieves a -1.64% return, which is significantly higher than SSSYX's -7.05% return. Over the past 10 years, SOPAX has underperformed SSSYX with an annualized return of 11.37%, while SSSYX has yielded a comparatively higher 13.69% annualized return.

SOPAX

• 1D: 0.49%
• 1M: -7.32%
• YTD: -1.64%
• 6M: -0.65%
• 1Y: 9.19%
• 3Y*: 13.27%
• 5Y*: 10.13%
• 10Y*: 11.37%

SSSYX

• 1D: -0.39%
• 1M: -7.67%
• YTD: -7.05%
• 6M: -4.60%
• 1Y: 14.40%
• 3Y*: 17.15%
• 5Y*: 11.37%
• 10Y*: 13.69%

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

SOPAX vs. SSSYX - Expense Ratio Comparison

SOPAX has a 1.02% expense ratio, which is higher than SSSYX's 0.02% expense ratio.

SOPAX

ClearBridge Dividend Strategy Fund

SSSYX

State Street Equity 500 Index Fund Class K

Return for Risk

SOPAX vs. SSSYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOPAX

SOPAX Risk / Return Rank: 34
SOPAX Sharpe Ratio Rank: 34
SOPAX Sortino Ratio Rank: 33
SOPAX Omega Ratio Rank: 35
SOPAX Calmar Ratio Rank: 32
SOPAX Martin Ratio Rank: 37

SSSYX

SSSYX Risk / Return Rank: 46
SSSYX Sharpe Ratio Rank: 41
SSSYX Sortino Ratio Rank: 45
SSSYX Omega Ratio Rank: 50
SSSYX Calmar Ratio Rank: 42
SSSYX Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOPAX vs. SSSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy Fund (SOPAX) and State Street Equity 500 Index Fund Class K (SSSYX). 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.

	SOPAX	SSSYX	Difference
Sharpe ratio Return per unit of total volatility	0.74	0.84	-0.09
Sortino ratio Return per unit of downside risk	1.11	1.30	-0.19
Omega ratio Gain probability vs. loss probability	1.17	1.20	-0.03
Calmar ratio Return relative to maximum drawdown	0.89	1.06	-0.17
Martin ratio Return relative to average drawdown	3.89	5.13	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOPAX vs. SSSYX - Sharpe Ratio Comparison

The current SOPAX Sharpe Ratio is 0.74, which is comparable to the SSSYX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of SOPAX and SSSYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SOPAX	SSSYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	0.84	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.68	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.11	+0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.11	+0.84

Correlation

The correlation between SOPAX and SSSYX is 0.90, 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

SOPAX vs. SSSYX - Dividend Comparison

SOPAX's dividend yield for the trailing twelve months is around 13.58%, more than SSSYX's 1.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SOPAX ClearBridge Dividend Strategy Fund	13.58%	13.65%	9.54%	9.20%	5.68%	9.93%	1.76%	7.32%	6.56%	6.75%	3.03%	1.53%
SSSYX State Street Equity 500 Index Fund Class K	1.55%	1.44%	1.63%	1.78%	2.16%	2.76%	1.86%	4.44%	5.18%	5.94%	2.07%	1.84%

Drawdowns

SOPAX vs. SSSYX - Drawdown Comparison

The maximum SOPAX drawdown since its inception was -46.78%, smaller than the maximum SSSYX drawdown of -91.48%. Use the drawdown chart below to compare losses from any high point for SOPAX and SSSYX.

Drawdown Indicators

	SOPAX	SSSYX	Difference
Max Drawdown Largest peak-to-trough decline	-46.78%	-91.48%	+44.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.94%	-12.10%	+2.16%
Max Drawdown (5Y) Largest decline over 5 years	-19.31%	-24.49%	+5.18%
Max Drawdown (10Y) Largest decline over 10 years	-34.72%	-91.48%	+56.76%
Current Drawdown Current decline from peak	-7.59%	-8.88%	+1.29%
Average Drawdown Average peak-to-trough decline	-4.90%	-4.20%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.27%	2.49%	-0.22%

Volatility

SOPAX vs. SSSYX - Volatility Comparison

The current volatility for ClearBridge Dividend Strategy Fund (SOPAX) is 3.21%, while State Street Equity 500 Index Fund Class K (SSSYX) has a volatility of 4.24%. This indicates that SOPAX experiences smaller price fluctuations and is considered to be less risky than SSSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOPAX	SSSYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	4.24%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	6.90%	9.08%	-2.18%
Volatility (1Y) Calculated over the trailing 1-year period	13.51%	18.10%	-4.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	16.85%	-2.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.35%	124.43%	-108.08%