SSEYX vs. SSCNX
SSEYX (State Street Equity 500 Index II Portfolio) and SSCNX (State Street Target Retirement 2040 Fund) are both mutual funds - SSEYX is a Large Cap Blend Equities fund managed by State Street, while SSCNX is a Target Retirement Date fund managed by State Street. Over the past 10 years, SSEYX returned 15.06%/yr vs 9.80%/yr for SSCNX. Their correlation of 0.92 means they have usually moved in the same direction. SSEYX charges 0.02%/yr vs 0.20%/yr for SSCNX.
Performance
SSEYX vs. SSCNX - Performance Comparison
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Returns By Period
In the year-to-date period, SSEYX achieves a 10.12% return, which is significantly higher than SSCNX's 8.49% return. Over the past 10 years, SSEYX has outperformed SSCNX with an annualized return of 15.06%, while SSCNX has yielded a comparatively lower 9.80% annualized return.
SSEYX
- 1D
- 0.71%
- 1M
- 0.15%
- 6M
- 7.96%
- YTD
- 10.12%
- 1Y
- 21.17%
- 3Y*
- 19.30%
- 5Y*
- 12.76%
- 10Y*
- 15.06%
- ALL TIME*
- 13.62%
SSCNX
- 1D
- 0.35%
- 1M
- -0.58%
- 6M
- 5.52%
- YTD
- 8.49%
- 1Y
- 18.44%
- 3Y*
- 14.22%
- 5Y*
- 6.96%
- 10Y*
- 9.80%
- ALL TIME*
- 8.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SSEYX vs. SSCNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSEYX State Street Equity 500 Index II Portfolio | 10.12% | 17.52% | 25.01% | 26.29% | -18.18% | 28.58% | 18.28% | 31.42% | -4.54% | 21.72% |
SSCNX State Street Target Retirement 2040 Fund | 8.49% | 19.00% | 11.21% | 17.68% | -18.55% | 11.75% | 18.72% | 24.61% | -7.45% | 18.32% |
Correlation
The correlation between SSEYX and SSCNX is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.92 |
The correlation between SSEYX and SSCNX has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
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Return for Risk
SSEYX vs. SSCNX — Risk / Return Rank
SSEYX
SSCNX
SSEYX vs. SSCNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Equity 500 Index II Portfolio (SSEYX) and State Street Target Retirement 2040 Fund (SSCNX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SSEYX | SSCNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.31 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 2.22 | -0.05 |
| Martin ratioReturn relative to average drawdown | 9.34 | 9.06 | +0.28 |
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Drawdowns
SSEYX vs. SSCNX - Drawdown Comparison
The maximum SSEYX drawdown since its inception was -33.75%, which is greater than SSCNX's maximum drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for SSEYX and SSCNX.
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Drawdown Indicators
| SSEYX | SSCNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.75% | -27.49% | -6.26% |
Max Drawdown (1Y)Largest decline over 1 year | -8.88% | -7.96% | -0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -18.74% | -12.72% | -6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -26.14% | +1.62% |
Max Drawdown (10Y)Largest decline over 10 years | -33.75% | -27.49% | -6.26% |
Current DrawdownCurrent decline from peak | -1.41% | -1.45% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -4.06% | -4.72% | +0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 1.95% | +0.12% |
Volatility
SSEYX vs. SSCNX - Volatility Comparison
State Street Equity 500 Index II Portfolio (SSEYX) has a higher volatility of 3.52% compared to State Street Target Retirement 2040 Fund (SSCNX) at 3.07%. This indicates that SSEYX's price experiences larger fluctuations and is considered to be riskier than SSCNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSEYX | SSCNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 3.07% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.10% | 8.91% | +1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.85% | 10.63% | +2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.02% | 12.87% | +4.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 13.43% | +4.64% |
SSEYX vs. SSCNX - Expense Ratio Comparison
SSEYX has a 0.02% expense ratio, which is lower than SSCNX's 0.20% 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%.
Dividends
SSEYX vs. SSCNX - Dividend Comparison
SSEYX's dividend yield for the trailing twelve months is around 1.26%, less than SSCNX's 6.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSCNX State Street Target Retirement 2040 Fund | 6.64% | 7.21% | 4.97% | 3.78% | 5.39% | 5.58% | 4.63% | 6.31% | 5.11% | 0.38% | 1.77% | 1.96% |
SSEYX State Street Equity 500 Index II Portfolio | 1.26% | 1.38% | 1.93% | 1.46% | 1.57% | 2.48% | 3.63% | 2.36% | 5.91% | 5.37% | 2.29% | 3.47% |
Frequently Asked Questions
With a correlation of 0.92, SSEYX and SSCNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SSEYX has higher volatility (3.52%) compared to SSCNX (3.07%). In terms of maximum drawdown, SSEYX dropped -33.75% vs SSCNX's -27.49%.
SSCNX currently has the higher Sharpe Ratio (1.67 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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