SSEYX vs. RWMGX
Compare and contrast key facts about State Street Equity 500 Index II Portfolio (SSEYX) and American Funds Washington Mutual Investors Fund Class R-6 (RWMGX).
SSEYX is managed by State Street Global Advisors. It was launched on Aug 11, 2014. RWMGX is managed by American Funds.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSEYX or RWMGX.
Key characteristics
| SSEYX | RWMGX | |
|---|---|---|
| YTD Return | 26.95% | 21.13% |
| 1Y Return | 34.98% | 29.23% |
| 3Y Return (Ann) | 10.21% | 10.49% |
| 5Y Return (Ann) | 15.20% | 12.74% |
| 10Y Return (Ann) | 11.25% | 11.71% |
| Sharpe Ratio | 3.06 | 2.98 |
| Sortino Ratio | 4.07 | 4.09 |
| Omega Ratio | 1.58 | 1.56 |
| Calmar Ratio | 4.45 | 5.54 |
| Martin Ratio | 20.17 | 20.38 |
| Ulcer Index | 1.86% | 1.54% |
| Daily Std Dev | 12.26% | 10.50% |
| Max Drawdown | -33.75% | -34.64% |
| Current Drawdown | -0.25% | -0.86% |
Correlation
The correlation between SSEYX and RWMGX is 0.95, 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
SSEYX vs. RWMGX - Performance Comparison
In the year-to-date period, SSEYX achieves a 26.95% return, which is significantly higher than RWMGX's 21.13% return. Both investments have delivered pretty close results over the past 10 years, with SSEYX having a 11.25% annualized return and RWMGX not far ahead at 11.71%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SSEYX vs. RWMGX - Expense Ratio Comparison
SSEYX has a 0.02% expense ratio, which is lower than RWMGX's 0.27% expense ratio. Despite the difference, 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
SSEYX vs. RWMGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Equity 500 Index II Portfolio (SSEYX) and American Funds Washington Mutual Investors Fund Class R-6 (RWMGX). 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
SSEYX vs. RWMGX - Dividend Comparison
SSEYX's dividend yield for the trailing twelve months is around 1.15%, less than RWMGX's 1.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSEYX State Street Equity 500 Index II Portfolio | 1.15% | 1.46% | 1.07% | 1.17% | 1.53% | 1.75% | 2.20% | 2.10% | 1.59% | 1.93% | 0.81% | 0.00% |
RWMGX American Funds Washington Mutual Investors Fund Class R-6 | 1.74% | 1.96% | 2.27% | 1.69% | 2.02% | 2.11% | 2.40% | 2.14% | 2.21% | 2.41% | 8.09% | 5.30% |
Drawdowns
SSEYX vs. RWMGX - Drawdown Comparison
The maximum SSEYX drawdown since its inception was -33.75%, roughly equal to the maximum RWMGX drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for SSEYX and RWMGX. For additional features, visit the drawdowns tool.
Volatility
SSEYX vs. RWMGX - Volatility Comparison
State Street Equity 500 Index II Portfolio (SSEYX) has a higher volatility of 3.75% compared to American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) at 3.15%. This indicates that SSEYX's price experiences larger fluctuations and is considered to be riskier than RWMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.