SSGJX vs. SSGLX
SSGJX (State Street Global All Cap Equity ex-U.S. Index Fund) and SSGLX (State Street Global All Cap Equity ex-U.S. Index Fund Class K) are both mutual funds - SSGJX is a Foreign Large Cap Equities fund managed by State Street, while SSGLX is a Global Equities fund tracking the MSCI ACWI ex USA Investable Market Index. Over the past 10 years, SSGJX returned -12.87%/yr vs 9.82%/yr for SSGLX. With a 1.00 correlation, they move nearly in lockstep. SSGJX charges 0.27%/yr vs 0.07%/yr for SSGLX.
Performance
SSGJX vs. SSGLX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SSGJX having a 14.94% return and SSGLX slightly higher at 14.98%. Over the past 10 years, SSGJX has underperformed SSGLX with an annualized return of -12.87%, while SSGLX has yielded a comparatively higher 9.82% annualized return.
SSGJX
- 1D
- 0.68%
- 1M
- 4.88%
- YTD
- 14.94%
- 6M
- 18.01%
- 1Y
- 32.61%
- 3Y*
- 19.58%
- 5Y*
- 8.53%
- 10Y*
- -12.87%
SSGLX
- 1D
- 0.67%
- 1M
- 4.89%
- YTD
- 14.98%
- 6M
- 18.09%
- 1Y
- 32.74%
- 3Y*
- 19.68%
- 5Y*
- 8.65%
- 10Y*
- 9.82%
SSGJX vs. SSGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSGJX State Street Global All Cap Equity ex-U.S. Index Fund | 14.94% | 32.51% | 4.92% | 15.59% | -16.57% | 8.21% | -88.91% | 21.27% | -14.19% | 27.00% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | 14.98% | 32.64% | 4.98% | 15.67% | -16.44% | 8.36% | 11.11% | 21.52% | -14.05% | 27.12% |
Correlation
The correlation between SSGJX and SSGLX 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 | 1.00 |
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 Sep 19, 2014 | 1.00 |
The correlation between SSGJX and SSGLX 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
SSGJX vs. SSGLX — Risk / Return Rank
SSGJX
SSGLX
SSGJX vs. SSGLX - 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 Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX). 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 | SSGLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.46 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | 2.89 | -0.01 |
| Martin ratioReturn relative to average drawdown | 11.16 | 11.22 | -0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SSGJX | SSGLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.39 | 2.40 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.59 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.40 | 0.61 | -1.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 0.45 | -0.84 |
Drawdowns
SSGJX vs. SSGLX - Drawdown Comparison
The maximum SSGJX drawdown since its inception was -92.55%, which is greater than SSGLX's maximum drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for SSGJX and SSGLX.
Loading charts...
Drawdown Indicators
| SSGJX | SSGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.55% | -35.88% | -56.67% |
Max Drawdown (1Y)Largest decline over 1 year | -11.23% | -11.22% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -13.61% | -13.56% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -30.19% | -30.08% | -0.11% |
Max Drawdown (10Y)Largest decline over 10 years | -92.55% | -35.88% | -56.67% |
Current DrawdownCurrent decline from peak | -82.09% | 0.00% | -82.09% |
Average DrawdownAverage peak-to-trough decline | -50.62% | -8.23% | -42.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 2.88% | +0.01% |
Volatility
SSGJX vs. SSGLX - Volatility Comparison
State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX) have volatilities of 4.56% and 4.55%, 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
| SSGJX | SSGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 4.55% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 11.38% | 11.38% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.56% | 13.56% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.74% | 14.74% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.57% | 16.24% | +16.33% |
SSGJX vs. SSGLX - Expense Ratio Comparison
SSGJX has a 0.27% expense ratio, which is higher than SSGLX's 0.07% 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%.
Dividends
SSGJX vs. SSGLX - Dividend Comparison
SSGJX's dividend yield for the trailing twelve months is around 3.78%, less than SSGLX's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSGJX State Street Global All Cap Equity ex-U.S. Index Fund | 3.78% | 4.34% | 4.43% | 2.93% | 2.73% | 4.07% | 1.57% | 4.69% | 8.03% | 3.98% | 1.52% | 2.09% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | 3.84% | 4.41% | 4.46% | 2.98% | 2.85% | 4.20% | 1.72% | 4.80% | 8.32% | 3.98% | 1.52% | 2.09% |
Frequently Asked Questions
With a correlation of 1.00, SSGJX and SSGLX 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.
SSGJX has higher volatility (4.56%) compared to SSGLX (4.55%). In terms of maximum drawdown, SSGJX dropped -92.55% vs SSGLX's -35.88%.
SSGLX currently has the higher Sharpe Ratio (2.40 vs 2.39), 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 SSGJX and SSGLX
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