SSDWX vs. VOO
Compare and contrast key facts about State Street Target Retirement 2060 Fund (SSDWX) and Vanguard S&P 500 ETF (VOO).
SSDWX is managed by State Street Global Advisors. It was launched on Sep 29, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSDWX or VOO.
Correlation
The correlation between SSDWX and VOO 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.
Performance
SSDWX vs. VOO - Performance Comparison
Key characteristics
SSDWX:
1.28
VOO:
1.95
SSDWX:
1.74
VOO:
2.60
SSDWX:
1.23
VOO:
1.36
SSDWX:
1.35
VOO:
2.97
SSDWX:
6.08
VOO:
12.47
SSDWX:
2.35%
VOO:
2.01%
SSDWX:
11.18%
VOO:
12.89%
SSDWX:
-29.88%
VOO:
-33.99%
SSDWX:
-3.35%
VOO:
-1.30%
Returns By Period
In the year-to-date period, SSDWX achieves a 3.07% return, which is significantly higher than VOO's 2.71% return. Over the past 10 years, SSDWX has underperformed VOO with an annualized return of 6.91%, while VOO has yielded a comparatively higher 13.75% annualized return.
SSDWX
3.07%
2.87%
3.19%
13.58%
7.24%
6.91%
VOO
2.71%
2.30%
10.08%
24.27%
15.19%
13.75%
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SSDWX vs. VOO - Expense Ratio Comparison
SSDWX has a 0.18% expense ratio, which is higher than VOO's 0.03% 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
SSDWX vs. VOO — Risk-Adjusted Performance Rank
SSDWX
VOO
SSDWX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement 2060 Fund (SSDWX) and Vanguard S&P 500 ETF (VOO). 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
SSDWX vs. VOO - Dividend Comparison
SSDWX's dividend yield for the trailing twelve months is around 2.23%, more than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSDWX State Street Target Retirement 2060 Fund | 2.23% | 2.30% | 2.16% | 1.61% | 1.81% | 1.47% | 2.24% | 2.32% | 1.94% | 1.43% | 2.05% | 1.58% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SSDWX vs. VOO - Drawdown Comparison
The maximum SSDWX drawdown since its inception was -29.88%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SSDWX and VOO. For additional features, visit the drawdowns tool.
Volatility
SSDWX vs. VOO - Volatility Comparison
State Street Target Retirement 2060 Fund (SSDWX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.16% and 4.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.