SSAIX vs. SSMGX
SSAIX (State Street International Stock Selection Fund) and SSMGX (SIT Small Cap Growth Fund) are both mutual funds - SSAIX is a Foreign Large Cap Equities fund managed by State Street, while SSMGX is a Mid Cap Growth Equities fund managed by Sit. Over the past 10 years, SSAIX returned 8.61%/yr vs 10.81%/yr for SSMGX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. SSAIX charges 1.00%/yr vs 1.50%/yr for SSMGX.
Performance
SSAIX vs. SSMGX - Performance Comparison
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Returns By Period
In the year-to-date period, SSAIX achieves a 14.25% return, which is significantly lower than SSMGX's 16.25% return. Over the past 10 years, SSAIX has underperformed SSMGX with an annualized return of 8.61%, while SSMGX has yielded a comparatively higher 10.81% annualized return.
SSAIX
- 1D
- 2.63%
- 1M
- 2.76%
- 6M
- 7.92%
- YTD
- 14.25%
- 1Y
- 23.01%
- 3Y*
- 18.51%
- 5Y*
- 10.56%
- 10Y*
- 8.61%
- ALL TIME*
- 5.18%
SSMGX
- 1D
- 3.23%
- 1M
- -1.85%
- 6M
- 9.93%
- YTD
- 16.25%
- 1Y
- 24.27%
- 3Y*
- 12.90%
- 5Y*
- 5.15%
- 10Y*
- 10.81%
- ALL TIME*
- 8.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SSAIX vs. SSMGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSAIX State Street International Stock Selection Fund | 14.25% | 31.50% | 7.90% | 17.53% | -13.60% | 12.77% | 2.88% | 16.78% | -17.69% | 22.21% |
SSMGX SIT Small Cap Growth Fund | 16.25% | 9.40% | 13.42% | 16.93% | -25.59% | 15.80% | 35.97% | 29.19% | -10.88% | 15.69% |
Correlation
The correlation between SSAIX and SSMGX is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1996 | 0.57 |
The correlation between SSAIX and SSMGX shifts across timeframes, from 0.49 (1 year) to 0.62 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SSAIX vs. SSMGX — Risk / Return Rank
SSAIX
SSMGX
SSAIX vs. SSMGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street International Stock Selection Fund (SSAIX) and SIT Small Cap Growth Fund (SSMGX). 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.
| SSAIX | SSMGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 2.15 | +0.31 |
| Martin ratioReturn relative to average drawdown | 6.90 | 7.28 | -0.38 |
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Drawdowns
SSAIX vs. SSMGX - Drawdown Comparison
The maximum SSAIX drawdown since its inception was -61.30%, smaller than the maximum SSMGX drawdown of -65.75%. Use the drawdown chart below to compare losses from any high point for SSAIX and SSMGX.
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Drawdown Indicators
| SSAIX | SSMGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.30% | -65.75% | +4.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -10.05% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -13.00% | -26.67% | +13.67% |
Max Drawdown (5Y)Largest decline over 5 years | -29.25% | -34.37% | +5.12% |
Max Drawdown (10Y)Largest decline over 10 years | -41.34% | -35.72% | -5.62% |
Current DrawdownCurrent decline from peak | 0.00% | -4.86% | +4.86% |
Average DrawdownAverage peak-to-trough decline | -15.74% | -18.96% | +3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 2.96% | +0.65% |
Volatility
SSAIX vs. SSMGX - Volatility Comparison
The current volatility for State Street International Stock Selection Fund (SSAIX) is 4.52%, while SIT Small Cap Growth Fund (SSMGX) has a volatility of 6.20%. This indicates that SSAIX experiences smaller price fluctuations and is considered to be less risky than SSMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSAIX | SSMGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 6.20% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | 15.62% | -3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.60% | 19.62% | -1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 22.07% | -5.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 21.64% | -4.88% |
SSAIX vs. SSMGX - Expense Ratio Comparison
SSAIX has a 1.00% expense ratio, which is lower than SSMGX's 1.50% expense ratio.
Dividends
SSAIX vs. SSMGX - Dividend Comparison
SSAIX has not paid dividends to shareholders, while SSMGX's dividend yield for the trailing twelve months is around 4.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSAIX State Street International Stock Selection Fund | 0.00% | 0.00% | 3.64% | 5.68% | 3.47% | 4.55% | 1.88% | 3.34% | 5.99% | 3.63% | 2.74% | 2.55% |
SSMGX SIT Small Cap Growth Fund | 4.71% | 5.48% | 4.69% | 3.13% | 1.73% | 15.89% | 3.44% | 3.14% | 9.80% | 6.81% | 0.17% | 10.68% |
Frequently Asked Questions
SSAIX and SSMGX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SSMGX has higher volatility (6.20%) compared to SSAIX (4.52%). In terms of maximum drawdown, SSAIX dropped -61.30% vs SSMGX's -65.75%.
SSAIX currently has the higher Sharpe Ratio (1.45 vs 1.10), 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.
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