SSEYX vs. SWPPX
SSEYX (State Street Equity 500 Index II Portfolio) and SWPPX (Schwab S&P 500 Index Fund) are both Large Cap Blend Equities funds. Over the past 10 years, SSEYX returned 15.49%/yr vs 15.55%/yr for SWPPX. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.02% expense ratio.
Performance
SSEYX vs. SWPPX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SSEYX having a 10.19% return and SWPPX slightly lower at 10.15%. Both investments have delivered pretty close results over the past 10 years, with SSEYX having a 15.49% annualized return and SWPPX not far ahead at 15.55%.
SSEYX
- 1D
- 1.08%
- 1M
- 0.47%
- YTD
- 10.19%
- 6M
- 9.68%
- 1Y
- 26.84%
- 3Y*
- 20.87%
- 5Y*
- 14.02%
- 10Y*
- 15.49%
SWPPX
- 1D
- 1.10%
- 1M
- 0.47%
- YTD
- 10.15%
- 6M
- 9.65%
- 1Y
- 27.14%
- 3Y*
- 20.95%
- 5Y*
- 14.08%
- 10Y*
- 15.55%
SSEYX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSEYX State Street Equity 500 Index II Portfolio | 10.19% | 17.52% | 25.01% | 26.29% | -18.18% | 28.58% | 18.28% | 31.42% | -4.54% | 21.72% |
SWPPX Schwab S&P 500 Index Fund | 10.15% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Correlation
The correlation between SSEYX and SWPPX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2014 | 0.99 |
The correlation between SSEYX and SWPPX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SSEYX vs. SWPPX — Risk / Return Rank
SSEYX
SWPPX
SSEYX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Equity 500 Index II Portfolio (SSEYX) and Schwab S&P 500 Index Fund (SWPPX). 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 | SWPPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.39 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 3.04 | -0.03 |
| Martin ratioReturn relative to average drawdown | 13.58 | 13.71 | -0.12 |
Loading charts...
Drawdowns
SSEYX vs. SWPPX - Drawdown Comparison
The maximum SSEYX drawdown since its inception was -33.75%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SSEYX and SWPPX.
Loading charts...
Drawdown Indicators
| SSEYX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.75% | -55.06% | +21.31% |
Max Drawdown (1Y)Largest decline over 1 year | -8.88% | -8.89% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -18.74% | -18.74% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -24.51% | -0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -33.75% | -33.80% | +0.05% |
Current DrawdownCurrent decline from peak | -1.35% | -1.38% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -4.08% | -9.93% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 1.97% | -0.01% |
Volatility
SSEYX vs. SWPPX - Volatility Comparison
State Street Equity 500 Index II Portfolio (SSEYX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 4.76% and 4.83%, 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.
Loading charts...
Volatility by Period
| SSEYX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.76% | 4.83% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.89% | 9.94% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.45% | 12.50% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.00% | 17.03% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.11% | 18.27% | -0.16% |
SSEYX vs. SWPPX - Expense Ratio Comparison
Both SSEYX and SWPPX have an expense ratio of 0.02%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SSEYX vs. SWPPX - Dividend Comparison
SSEYX's dividend yield for the trailing twelve months is around 1.26%, more than SWPPX's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SWPPX Schwab S&P 500 Index Fund | 1.01% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Frequently Asked Questions
With a correlation of 1.00, SSEYX and SWPPX 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.
SWPPX has higher volatility (4.83%) compared to SSEYX (4.76%). In terms of maximum drawdown, SSEYX dropped -33.75% vs SWPPX's -55.06%.
SWPPX currently has the higher Sharpe Ratio (2.16 vs 2.14), 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.
Find the right allocation for SSEYX and SWPPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer