SSDOX vs. SPY
Compare and contrast key facts about State Street Target Retirement 2055 Fund (SSDOX) and State Street SPDR S&P 500 ETF (SPY).
SSDOX is managed by State Street. It was launched on Sep 29, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
SSDOX vs. SPY - Performance Comparison
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SSDOX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSDOX State Street Target Retirement 2055 Fund | -3.62% | 21.02% | 12.37% | 19.35% | -19.27% | 13.32% | 19.62% | 25.62% | -7.91% | 19.22% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, SSDOX achieves a -3.62% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, SSDOX has underperformed SPY with an annualized return of 9.83%, while SPY has yielded a comparatively higher 13.98% annualized return.
SSDOX
- 1D
- 0.00%
- 1M
- -8.67%
- YTD
- -3.62%
- 6M
- -0.94%
- 1Y
- 17.10%
- 3Y*
- 13.58%
- 5Y*
- 6.71%
- 10Y*
- 9.83%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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SSDOX vs. SPY - Expense Ratio Comparison
SSDOX has a 0.21% expense ratio, which is higher than SPY's 0.09% 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%.
Return for Risk
SSDOX vs. SPY — Risk / Return Rank
SSDOX
SPY
SSDOX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement 2055 Fund (SSDOX) and State Street SPDR S&P 500 ETF (SPY). 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.
| SSDOX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 0.93 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.45 | +0.21 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 1.53 | -0.12 |
Martin ratioReturn relative to average drawdown | 6.45 | 7.30 | -0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SSDOX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 0.93 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.69 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.78 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.56 | +0.04 |
Correlation
The correlation between SSDOX and SPY is 0.92, 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.
Dividends
SSDOX vs. SPY - Dividend Comparison
SSDOX's dividend yield for the trailing twelve months is around 5.03%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSDOX State Street Target Retirement 2055 Fund | 5.03% | 4.85% | 4.45% | 2.99% | 4.97% | 4.39% | 3.03% | 6.02% | 5.38% | 0.44% | 1.71% | 2.03% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
SSDOX vs. SPY - Drawdown Comparison
The maximum SSDOX drawdown since its inception was -29.85%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SSDOX and SPY.
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Drawdown Indicators
| SSDOX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.85% | -55.19% | +25.34% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -12.05% | +1.09% |
Max Drawdown (5Y)Largest decline over 5 years | -27.44% | -24.50% | -2.94% |
Max Drawdown (10Y)Largest decline over 10 years | -29.85% | -33.72% | +3.87% |
Current DrawdownCurrent decline from peak | -8.92% | -6.24% | -2.68% |
Average DrawdownAverage peak-to-trough decline | -5.09% | -9.09% | +4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 2.52% | -0.14% |
Volatility
SSDOX vs. SPY - Volatility Comparison
The current volatility for State Street Target Retirement 2055 Fund (SSDOX) is 4.77%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.31%. This indicates that SSDOX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSDOX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 5.31% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 8.46% | 9.47% | -1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.98% | 19.05% | -4.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 17.06% | -2.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.75% | 17.92% | -3.17% |