Correlation
The correlation between SSFNX and BLK is 0.86, 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.
SSFNX vs. BLK
Compare and contrast key facts about State Street Target Retirement Fund (SSFNX) and BlackRock, Inc. (BLK).
SSFNX is managed by State Street Global Advisors. It was launched on Sep 29, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSFNX or BLK.
Performance
SSFNX vs. BLK - Performance Comparison
Loading data...
Key characteristics
SSFNX:
1.01
BLK:
1.24
SSFNX:
1.25
BLK:
1.56
SSFNX:
1.19
BLK:
1.22
SSFNX:
0.65
BLK:
1.17
SSFNX:
3.01
BLK:
3.68
SSFNX:
1.99%
BLK:
7.54%
SSFNX:
6.65%
BLK:
26.09%
SSFNX:
-20.10%
BLK:
-60.36%
SSFNX:
-3.20%
BLK:
-8.73%
Returns By Period
In the year-to-date period, SSFNX achieves a 3.28% return, which is significantly higher than BLK's -4.24% return. Over the past 10 years, SSFNX has underperformed BLK with an annualized return of 3.25%, while BLK has yielded a comparatively higher 13.19% annualized return.
SSFNX
3.28%
1.47%
-0.14%
6.66%
3.10%
2.95%
3.25%
BLK
-4.24%
6.06%
-3.23%
32.03%
16.59%
15.86%
13.19%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SSFNX vs. BLK — Risk-Adjusted Performance Rank
SSFNX
BLK
SSFNX vs. BLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement Fund (SSFNX) and BlackRock, Inc. (BLK). 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.
Loading data...
Dividends
SSFNX vs. BLK - Dividend Comparison
SSFNX's dividend yield for the trailing twelve months is around 5.59%, more than BLK's 2.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSFNX State Street Target Retirement Fund | 5.59% | 5.78% | 5.26% | 5.12% | 6.69% | 1.61% | 3.36% | 4.39% | 2.72% | 1.84% | 2.05% | 0.40% |
BLK BlackRock, Inc. | 2.10% | 1.99% | 2.46% | 2.75% | 1.80% | 2.01% | 2.63% | 3.06% | 1.95% | 2.41% | 2.56% | 2.16% |
Drawdowns
SSFNX vs. BLK - Drawdown Comparison
The maximum SSFNX drawdown since its inception was -20.10%, smaller than the maximum BLK drawdown of -60.36%. Use the drawdown chart below to compare losses from any high point for SSFNX and BLK.
Loading data...
Volatility
SSFNX vs. BLK - Volatility Comparison
The current volatility for State Street Target Retirement Fund (SSFNX) is 1.28%, while BlackRock, Inc. (BLK) has a volatility of 5.89%. This indicates that SSFNX experiences smaller price fluctuations and is considered to be less risky than BLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...