SSASX vs. BLK
SSASX (State Street Income Fund) is Intermediate Core-Plus Bond fund managed by State Street, while BLK (BlackRock, Inc.) is a stock. Over the past 5 years, SSASX returned -0.82%/yr vs 5.72%/yr for BLK. At a 0.17 correlation, their price movements are largely independent.
Performance
SSASX vs. BLK - Performance Comparison
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Returns By Period
In the year-to-date period, SSASX achieves a -0.31% return, which is significantly higher than BLK's -4.07% return.
SSASX
- 1D
- -0.31%
- 1M
- 0.66%
- YTD
- -0.31%
- 6M
- 0.11%
- 1Y
- 3.94%
- 3Y*
- 2.87%
- 5Y*
- -0.82%
- 10Y*
- —
BLK
- 1D
- -3.46%
- 1M
- -4.84%
- YTD
- -4.07%
- 6M
- -5.50%
- 1Y
- 5.10%
- 3Y*
- 16.93%
- 5Y*
- 5.72%
- 10Y*
- 14.61%
SSASX vs. BLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SSASX State Street Income Fund | -0.31% | 7.49% | -0.95% | 4.83% | -13.74% | 0.59% |
BLK BlackRock, Inc. | -4.07% | 6.55% | 29.29% | 17.86% | -20.40% | 7.82% |
Correlation
The correlation between SSASX and BLK is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 24, 2021 | 0.17 |
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Return for Risk
SSASX vs. BLK — Risk / Return Rank
SSASX
BLK
SSASX vs. BLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Income Fund (SSASX) and BlackRock, Inc. (BLK). 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.
| SSASX | BLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.06 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 0.23 | +0.99 |
| Martin ratioReturn relative to average drawdown | 3.38 | 0.50 | +2.88 |
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Drawdowns
SSASX vs. BLK - Drawdown Comparison
The maximum SSASX drawdown since its inception was -19.65%, smaller than the maximum BLK drawdown of -60.36%. Use the drawdown chart below to compare losses from any high point for SSASX and BLK.
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Drawdown Indicators
| SSASX | BLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.65% | -60.36% | +40.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.42% | -22.45% | +19.03% |
Max Drawdown (3Y)Largest decline over 3 years | -7.97% | -23.74% | +15.77% |
Max Drawdown (5Y)Largest decline over 5 years | -19.65% | -43.90% | +24.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.90% | — |
Current DrawdownCurrent decline from peak | -5.55% | -14.21% | +8.66% |
Average DrawdownAverage peak-to-trough decline | -9.63% | -11.93% | +2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 10.21% | -8.98% |
Volatility
SSASX vs. BLK - Volatility Comparison
The current volatility for State Street Income Fund (SSASX) is 1.18%, while BlackRock, Inc. (BLK) has a volatility of 7.59%. This indicates that SSASX experiences smaller price fluctuations and is considered to be less risky than BLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSASX | BLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 7.59% | -6.41% |
Volatility (6M)Calculated over the trailing 6-month period | 3.00% | 20.80% | -17.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 26.04% | -21.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.50% | 26.77% | -20.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.47% | 27.69% | -21.22% |
Dividends
SSASX vs. BLK - Dividend Comparison
SSASX's dividend yield for the trailing twelve months is around 4.02%, more than BLK's 2.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLK BlackRock, Inc. | 2.15% | 1.95% | 1.99% | 2.46% | 2.75% | 1.80% | 2.01% | 2.63% | 3.08% | 1.95% | 2.41% | 2.56% |
SSASX State Street Income Fund | 4.02% | 4.01% | 2.76% | 2.86% | 2.48% | 3.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SSASX and BLK have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLK has higher volatility (7.59%) compared to SSASX (1.18%). In terms of maximum drawdown, SSASX dropped -19.65% vs BLK's -60.36%.
SSASX currently has the higher Sharpe Ratio (1.01 vs 0.20), 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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