SSEYX vs. SWPPX
Compare and contrast key facts about State Street Equity 500 Index II Portfolio (SSEYX) and Schwab S&P 500 Index Fund (SWPPX).
SSEYX is managed by State Street Global Advisors. It was launched on Aug 11, 2014. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSEYX or SWPPX.
Key characteristics
| SSEYX | SWPPX | |
|---|---|---|
| YTD Return | 26.95% | 26.92% |
| 1Y Return | 34.98% | 34.98% |
| 3Y Return (Ann) | 10.21% | 10.22% |
| 5Y Return (Ann) | 15.20% | 15.76% |
| 10Y Return (Ann) | 11.25% | 13.39% |
| Sharpe Ratio | 3.06 | 3.05 |
| Sortino Ratio | 4.07 | 4.04 |
| Omega Ratio | 1.58 | 1.57 |
| Calmar Ratio | 4.45 | 4.44 |
| Martin Ratio | 20.17 | 20.06 |
| Ulcer Index | 1.86% | 1.87% |
| Daily Std Dev | 12.26% | 12.34% |
| Max Drawdown | -33.75% | -55.06% |
| Current Drawdown | -0.25% | -0.26% |
Correlation
The correlation between SSEYX and SWPPX is 0.99, 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. SWPPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SSEYX having a 26.95% return and SWPPX slightly lower at 26.92%. Over the past 10 years, SSEYX has underperformed SWPPX with an annualized return of 11.25%, while SWPPX has yielded a comparatively higher 13.39% annualized return. 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. 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%.
Risk-Adjusted Performance
SSEYX vs. SWPPX - Risk-Adjusted Performance 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.
Dividends
SSEYX vs. SWPPX - Dividend Comparison
SSEYX's dividend yield for the trailing twelve months is around 1.15%, more than SWPPX's 1.13% 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% |
SWPPX Schwab S&P 500 Index Fund | 1.13% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
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. For additional features, visit the drawdowns tool.
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 3.75% and 3.75%, 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.