SSBRX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about State Street Target Retirement 2025 Fund (SSBRX) and S&P 500 Index (^GSPC).

SSBRX is managed by State Street. It was launched on Sep 29, 2014.

Performance

SSBRX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Target Retirement 2025 Fund (SSBRX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

SSBRX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSBRX State Street Target Retirement 2025 Fund	0.24%	12.93%	8.73%	13.61%	-15.51%	10.03%	14.68%	20.73%	-5.47%	14.32%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, SSBRX achieves a 0.24% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, SSBRX has underperformed ^GSPC with an annualized return of 7.51%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

SSBRX

• 1D: 1.04%
• 1M: -2.84%
• YTD: 0.24%
• 6M: 1.62%
• 1Y: 11.69%
• 3Y*: 10.00%
• 5Y*: 4.81%
• 10Y*: 7.51%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

SSBRX vs. ^GSPC — Risk / Return Rank

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

SSBRX

SSBRX Risk / Return Rank: 83
SSBRX Sharpe Ratio Rank: 81
SSBRX Sortino Ratio Rank: 83
SSBRX Omega Ratio Rank: 83
SSBRX Calmar Ratio Rank: 79
SSBRX Martin Ratio Rank: 88

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

SSBRX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement 2025 Fund (SSBRX) and S&P 500 Index (^GSPC). 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.

	SSBRX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.58	0.92	+0.66
Sortino ratio Return per unit of downside risk	2.25	1.41	+0.84
Omega ratio Gain probability vs. loss probability	1.35	1.21	+0.13
Calmar ratio Return relative to maximum drawdown	2.02	1.41	+0.60
Martin ratio Return relative to average drawdown	9.90	6.61	+3.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SSBRX vs. ^GSPC - Sharpe Ratio Comparison

The current SSBRX Sharpe Ratio is 1.58, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of SSBRX and ^GSPC, 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

	SSBRX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	0.92	+0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.61	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.68	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.46	+0.23

Correlation

The correlation between SSBRX and ^GSPC 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.

Drawdowns

SSBRX vs. ^GSPC - Drawdown Comparison

The maximum SSBRX drawdown since its inception was -21.96%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SSBRX and ^GSPC.

Drawdown Indicators

	SSBRX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-21.96%	-56.78%	+34.82%
Max Drawdown (1Y) Largest decline over 1 year	-5.98%	-12.14%	+6.16%
Max Drawdown (5Y) Largest decline over 5 years	-21.13%	-25.43%	+4.30%
Max Drawdown (10Y) Largest decline over 10 years	-21.96%	-33.92%	+11.96%
Current Drawdown Current decline from peak	-3.21%	-5.78%	+2.57%
Average Drawdown Average peak-to-trough decline	-3.77%	-10.75%	+6.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	2.60%	-1.38%

Volatility

SSBRX vs. ^GSPC - Volatility Comparison

The current volatility for State Street Target Retirement 2025 Fund (SSBRX) is 2.68%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that SSBRX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSBRX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.68%	5.37%	-2.69%
Volatility (6M) Calculated over the trailing 6-month period	4.21%	9.55%	-5.34%
Volatility (1Y) Calculated over the trailing 1-year period	7.61%	18.33%	-10.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.85%	16.90%	-8.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.83%	18.05%	-8.22%