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:
1.41
VOO:
2.25
SSDWX:
1.92
VOO:
2.98
SSDWX:
1.25
VOO:
1.42
SSDWX:
1.93
VOO:
3.31
SSDWX:
8.31
VOO:
14.77
SSDWX:
1.83%
VOO:
1.90%
SSDWX:
10.80%
VOO:
12.46%
SSDWX:
-29.88%
VOO:
-33.99%
SSDWX:
-4.11%
VOO:
-2.47%
Returns By Period
In the year-to-date period, SSDWX achieves a 13.08% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, SSDWX has underperformed VOO with an annualized return of 8.24%, while VOO has yielded a comparatively higher 13.08% annualized return.
SSDWX
13.08%
-1.39%
5.22%
13.97%
8.24%
8.24%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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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 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 1.91%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSDWX State Street Target Retirement 2060 Fund | 1.91% | 2.16% | 1.61% | 1.81% | 1.47% | 2.24% | 2.32% | 1.94% | 1.43% | 2.05% | 1.58% | 0.00% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
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
The current volatility for State Street Target Retirement 2060 Fund (SSDWX) is 3.30%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. This indicates that SSDWX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.