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 -0.95%/yr vs 5.74%/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 -0.41% return, which is significantly higher than BLK's -2.54% return.
SSASX
- 1D
- -0.10%
- 1M
- -0.30%
- 6M
- -0.41%
- YTD
- -0.41%
- 1Y
- 3.80%
- 3Y*
- 3.22%
- 5Y*
- -0.95%
- 10Y*
- —
BLK
- 1D
- -0.44%
- 1M
- -0.04%
- 6M
- -4.23%
- YTD
- -2.54%
- 1Y
- -4.40%
- 3Y*
- 14.93%
- 5Y*
- 5.74%
- 10Y*
- 13.98%
SSASX vs. BLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SSASX State Street Income Fund | -0.41% | 7.49% | -0.95% | 4.83% | -13.74% | 0.59% |
BLK BlackRock, Inc. | -2.54% | 6.55% | 29.29% | 17.86% | -20.40% | 7.82% |
Correlation
The correlation between SSASX and BLK is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
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 | +0.98 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.99 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | -0.20 | +1.16 |
| Martin ratioReturn relative to average drawdown | 2.56 | -0.41 | +2.97 |
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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 | -5.64% | -12.84% | +7.20% |
Average DrawdownAverage peak-to-trough decline | -9.58% | -11.93% | +2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 10.86% | -9.58% |
Volatility
SSASX vs. BLK - Volatility Comparison
The current volatility for State Street Income Fund (SSASX) is 1.13%, while BlackRock, Inc. (BLK) has a volatility of 7.75%. 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 | 1.13% | 7.75% | -6.62% |
Volatility (6M)Calculated over the trailing 6-month period | 3.05% | 20.94% | -17.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.07% | 26.50% | -22.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.50% | 26.83% | -20.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.45% | 27.66% | -21.21% |
Dividends
SSASX vs. BLK - Dividend Comparison
SSASX's dividend yield for the trailing twelve months is around 4.00%, more than BLK's 2.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLK BlackRock, Inc. | 2.12% | 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 | 4.00% | 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 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLK has higher volatility (7.75%) compared to SSASX (1.13%). In terms of maximum drawdown, SSASX dropped -19.65% vs BLK's -60.36%.
SSASX currently has the higher Sharpe Ratio (0.81 vs -0.17), 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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