SSAQX vs. MGK
Compare and contrast key facts about State Street U.S. Core Equity Fund (SSAQX) and Vanguard Mega Cap Growth ETF (MGK).
SSAQX is managed by State Street Global Advisors. It was launched on Dec 31, 1979. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSAQX or MGK.
Correlation
The correlation between SSAQX and MGK is 0.93, 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.
Performance
SSAQX vs. MGK - Performance Comparison
Key characteristics
SSAQX:
0.11
MGK:
1.54
SSAQX:
0.26
MGK:
2.08
SSAQX:
1.06
MGK:
1.28
SSAQX:
0.13
MGK:
2.07
SSAQX:
0.39
MGK:
7.57
SSAQX:
6.51%
MGK:
3.70%
SSAQX:
22.16%
MGK:
18.16%
SSAQX:
-62.43%
MGK:
-48.36%
SSAQX:
-15.81%
MGK:
-0.48%
Returns By Period
In the year-to-date period, SSAQX achieves a 2.95% return, which is significantly lower than MGK's 3.60% return. Over the past 10 years, SSAQX has underperformed MGK with an annualized return of 4.31%, while MGK has yielded a comparatively higher 16.46% annualized return.
SSAQX
2.95%
0.35%
-9.01%
3.05%
5.59%
4.31%
MGK
3.60%
2.08%
13.82%
29.76%
18.37%
16.46%
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SSAQX vs. MGK - Expense Ratio Comparison
SSAQX has a 0.16% expense ratio, which is higher than MGK's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SSAQX vs. MGK — Risk-Adjusted Performance Rank
SSAQX
MGK
SSAQX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street U.S. Core Equity Fund (SSAQX) and Vanguard Mega Cap Growth ETF (MGK). 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.
Dividends
SSAQX vs. MGK - Dividend Comparison
SSAQX's dividend yield for the trailing twelve months is around 1.35%, more than MGK's 0.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSAQX State Street U.S. Core Equity Fund | 1.35% | 1.39% | 1.24% | 1.46% | 1.03% | 1.21% | 1.34% | 1.77% | 1.54% | 1.85% | 1.93% | 1.69% |
MGK Vanguard Mega Cap Growth ETF | 0.41% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
SSAQX vs. MGK - Drawdown Comparison
The maximum SSAQX drawdown since its inception was -62.43%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for SSAQX and MGK. For additional features, visit the drawdowns tool.
Volatility
SSAQX vs. MGK - Volatility Comparison
The current volatility for State Street U.S. Core Equity Fund (SSAQX) is 3.05%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.16%. This indicates that SSAQX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.