SSGJX vs. SSASX

Last updated Apr 1, 2026

Compare and contrast key facts about State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) and State Street Income Fund (SSASX).

SSGJX is managed by State Street. It was launched on Sep 17, 2014. SSASX is managed by State Street. It was launched on Jan 2, 1980.

Performance

SSGJX vs. SSASX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) and State Street Income Fund (SSASX). The values are adjusted to include any dividend payments, if applicable.

SSGJX vs. SSASX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SSGJX State Street Global All Cap Equity ex-U.S. Index Fund	-0.66%	32.51%	4.92%	15.59%	-16.57%	-0.52%
SSASX State Street Income Fund	-0.61%	7.49%	-0.95%	4.83%	-13.74%	0.59%

Returns By Period

In the year-to-date period, SSGJX achieves a -0.66% return, which is significantly lower than SSASX's -0.61% return.

SSGJX

• 1D: 0.39%
• 1M: -10.88%
• YTD: -0.66%
• 6M: 4.03%
• 1Y: 24.76%
• 3Y*: 14.32%
• 5Y*: 6.81%
• 10Y*: -13.85%

SSASX

• 1D: 0.51%
• 1M: -2.48%
• YTD: -0.61%
• 6M: 0.37%
• 1Y: 3.71%
• 3Y*: 2.41%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SSGJX vs. SSASX - Expense Ratio Comparison

SSGJX has a 0.27% expense ratio, which is higher than SSASX's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SSGJX

State Street Global All Cap Equity ex-U.S. Index Fund

SSASX

State Street Income Fund

Return for Risk

SSGJX vs. SSASX — Risk / Return Rank

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

SSGJX

SSGJX Risk / Return Rank: 82
SSGJX Sharpe Ratio Rank: 83
SSGJX Sortino Ratio Rank: 83
SSGJX Omega Ratio Rank: 82
SSGJX Calmar Ratio Rank: 82
SSGJX Martin Ratio Rank: 80

SSASX

SSASX Risk / Return Rank: 44
SSASX Sharpe Ratio Rank: 42
SSASX Sortino Ratio Rank: 40
SSASX Omega Ratio Rank: 30
SSASX Calmar Ratio Rank: 67
SSASX Martin Ratio Rank: 42

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.

SSGJX vs. SSASX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) and State Street Income Fund (SSASX). 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.

	SSGJX	SSASX	Difference
Sharpe ratio Return per unit of total volatility	1.55	0.90	+0.65
Sortino ratio Return per unit of downside risk	2.11	1.28	+0.82
Omega ratio Gain probability vs. loss probability	1.32	1.16	+0.16
Calmar ratio Return relative to maximum drawdown	1.98	1.58	+0.40
Martin ratio Return relative to average drawdown	7.84	4.37	+3.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SSGJX vs. SSASX - Sharpe Ratio Comparison

The current SSGJX Sharpe Ratio is 1.55, which is higher than the SSASX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of SSGJX and SSASX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SSGJX	SSASX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	0.90	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	-0.12	-0.31

Correlation

The correlation between SSGJX and SSASX is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SSGJX vs. SSASX - Dividend Comparison

SSGJX's dividend yield for the trailing twelve months is around 4.37%, more than SSASX's 3.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SSGJX State Street Global All Cap Equity ex-U.S. Index Fund	4.37%	4.34%	4.43%	2.93%	2.73%	4.07%	1.57%	4.69%	8.03%	3.98%	1.52%	2.09%
SSASX State Street Income Fund	3.66%	4.01%	2.76%	2.86%	2.48%	3.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SSGJX vs. SSASX - Drawdown Comparison

The maximum SSGJX drawdown since its inception was -92.55%, which is greater than SSASX's maximum drawdown of -19.65%. Use the drawdown chart below to compare losses from any high point for SSGJX and SSASX.

Drawdown Indicators

	SSGJX	SSASX	Difference
Max Drawdown Largest peak-to-trough decline	-92.55%	-19.65%	-72.90%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-3.12%	-8.11%
Max Drawdown (5Y) Largest decline over 5 years	-30.19%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-92.55%	—	—
Current Drawdown Current decline from peak	-84.52%	-5.84%	-78.68%
Average Drawdown Average peak-to-trough decline	-50.13%	-9.83%	-40.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	1.13%	+1.71%

Volatility

SSGJX vs. SSASX - Volatility Comparison

State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) has a higher volatility of 6.44% compared to State Street Income Fund (SSASX) at 1.60%. This indicates that SSGJX's price experiences larger fluctuations and is considered to be riskier than SSASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSGJX	SSASX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.44%	1.60%	+4.84%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	2.76%	+7.26%
Volatility (1Y) Calculated over the trailing 1-year period	15.49%	4.82%	+10.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.49%	6.56%	+7.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.51%	6.56%	+25.95%