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SSFEX vs. BND
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SSFEX vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Aggregate Bond Index Fund Class K (SSFEX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

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SSFEX vs. BND - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SSFEX
State Street Aggregate Bond Index Fund Class K
-0.17%6.80%1.35%5.61%-13.19%-1.78%-89.22%9.45%-0.10%3.30%
BND
Vanguard Total Bond Market ETF
0.05%7.08%1.38%5.65%-13.11%-1.86%7.71%8.84%-0.12%3.57%

Returns By Period

In the year-to-date period, SSFEX achieves a -0.17% return, which is significantly lower than BND's 0.05% return. Over the past 10 years, SSFEX has underperformed BND with an annualized return of -19.27%, while BND has yielded a comparatively higher 1.67% annualized return.


SSFEX

1D
0.53%
1M
-1.96%
YTD
-0.17%
6M
0.82%
1Y
4.12%
3Y*
3.42%
5Y*
0.17%
10Y*
-19.27%

BND

1D
0.22%
1M
-1.74%
YTD
0.05%
6M
0.95%
1Y
4.24%
3Y*
3.59%
5Y*
0.24%
10Y*
1.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SSFEX vs. BND - Expense Ratio Comparison

Both SSFEX and BND have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Return for Risk

SSFEX vs. BND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SSFEX
SSFEX Risk / Return Rank: 5757
Overall Rank
SSFEX Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
SSFEX Sortino Ratio Rank: 5454
Sortino Ratio Rank
SSFEX Omega Ratio Rank: 3838
Omega Ratio Rank
SSFEX Calmar Ratio Rank: 8080
Calmar Ratio Rank
SSFEX Martin Ratio Rank: 5656
Martin Ratio Rank

BND
BND Risk / Return Rank: 5959
Overall Rank
BND Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
BND Sortino Ratio Rank: 5858
Sortino Ratio Rank
BND Omega Ratio Rank: 4949
Omega Ratio Rank
BND Calmar Ratio Rank: 7474
Calmar Ratio Rank
BND Martin Ratio Rank: 5656
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SSFEX vs. BND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Aggregate Bond Index Fund Class K (SSFEX) and Vanguard Total Bond Market ETF (BND). 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.


SSFEXBNDDifference

Sharpe ratio

Return per unit of total volatility

1.04

0.99

+0.05

Sortino ratio

Return per unit of downside risk

1.49

1.41

+0.08

Omega ratio

Gain probability vs. loss probability

1.18

1.18

+0.01

Calmar ratio

Return relative to maximum drawdown

1.96

1.81

+0.15

Martin ratio

Return relative to average drawdown

5.43

4.98

+0.46

SSFEX vs. BND - Sharpe Ratio Comparison

The current SSFEX Sharpe Ratio is 1.04, which is comparable to the BND Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of SSFEX and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SSFEXBNDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.04

0.99

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.03

0.04

-0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.61

0.30

-0.91

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.56

0.59

-1.15

Correlation

The correlation between SSFEX and BND is 0.94, 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.


Dividends

SSFEX vs. BND - Dividend Comparison

SSFEX's dividend yield for the trailing twelve months is around 4.04%, more than BND's 3.91% yield.


TTM20252024202320222021202020192018201720162015
SSFEX
State Street Aggregate Bond Index Fund Class K
4.04%3.66%3.76%3.14%2.48%3.32%9.59%3.56%2.79%2.43%2.19%4.67%
BND
Vanguard Total Bond Market ETF
3.91%3.86%3.67%3.09%2.60%2.12%2.38%2.72%2.81%2.54%2.51%2.57%

Drawdowns

SSFEX vs. BND - Drawdown Comparison

The maximum SSFEX drawdown since its inception was -92.70%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for SSFEX and BND.


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Drawdown Indicators


SSFEXBNDDifference

Max Drawdown

Largest peak-to-trough decline

-92.70%

-18.58%

-74.12%

Max Drawdown (1Y)

Largest decline over 1 year

-2.52%

-2.44%

-0.08%

Max Drawdown (5Y)

Largest decline over 5 years

-17.99%

-17.91%

-0.08%

Max Drawdown (10Y)

Largest decline over 10 years

-92.70%

-18.58%

-74.12%

Current Drawdown

Current decline from peak

-90.11%

-2.58%

-87.53%

Average Drawdown

Average peak-to-trough decline

-47.36%

-3.07%

-44.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.91%

0.89%

+0.02%

Volatility

SSFEX vs. BND - Volatility Comparison

State Street Aggregate Bond Index Fund Class K (SSFEX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.61% and 1.63%, 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.


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Volatility by Period


SSFEXBNDDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.61%

1.63%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

2.50%

2.52%

-0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

4.20%

4.30%

-0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.91%

6.00%

-0.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.83%

5.52%

+26.31%