SSGVX vs. VBAIX
Compare and contrast key facts about State Street Global All Cap Equity ex-U.S.Index Portfolio (SSGVX) and Vanguard Balanced Index Fund Institutional Shares (VBAIX).
SSGVX is managed by State Street Global Advisors. It was launched on Sep 17, 2014. VBAIX is managed by Vanguard. It was launched on Dec 1, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSGVX or VBAIX.
Key characteristics
| SSGVX | VBAIX | |
|---|---|---|
| YTD Return | 9.10% | 15.97% |
| 1Y Return | 19.67% | 24.28% |
| 3Y Return (Ann) | 1.13% | 2.61% |
| 5Y Return (Ann) | 5.15% | 7.89% |
| 10Y Return (Ann) | 3.80% | 7.77% |
| Sharpe Ratio | 1.75 | 2.63 |
| Sortino Ratio | 2.42 | 3.59 |
| Omega Ratio | 1.32 | 1.51 |
| Calmar Ratio | 1.35 | 1.76 |
| Martin Ratio | 8.89 | 16.34 |
| Ulcer Index | 2.29% | 1.42% |
| Daily Std Dev | 11.64% | 8.83% |
| Max Drawdown | -39.14% | -35.82% |
| Current Drawdown | -5.11% | 0.00% |
Correlation
The correlation between SSGVX and VBAIX is 0.71, 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
SSGVX vs. VBAIX - Performance Comparison
In the year-to-date period, SSGVX achieves a 9.10% return, which is significantly lower than VBAIX's 15.97% return. Over the past 10 years, SSGVX has underperformed VBAIX with an annualized return of 3.80%, while VBAIX has yielded a comparatively higher 7.77% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SSGVX vs. VBAIX - Expense Ratio Comparison
SSGVX has a 0.05% expense ratio, which is lower than VBAIX's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SSGVX vs. VBAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Global All Cap Equity ex-U.S.Index Portfolio (SSGVX) and Vanguard Balanced Index Fund Institutional Shares (VBAIX). 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
SSGVX vs. VBAIX - Dividend Comparison
SSGVX's dividend yield for the trailing twelve months is around 2.72%, more than VBAIX's 2.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSGVX State Street Global All Cap Equity ex-U.S.Index Portfolio | 2.72% | 2.96% | 2.35% | 2.58% | 1.66% | 2.96% | 3.02% | 2.33% | 1.57% | 2.15% | 0.64% | 0.00% |
VBAIX Vanguard Balanced Index Fund Institutional Shares | 2.02% | 2.05% | 1.94% | 1.39% | 1.66% | 2.13% | 2.32% | 1.96% | 2.10% | 2.10% | 1.93% | 1.85% |
Drawdowns
SSGVX vs. VBAIX - Drawdown Comparison
The maximum SSGVX drawdown since its inception was -39.14%, which is greater than VBAIX's maximum drawdown of -35.82%. Use the drawdown chart below to compare losses from any high point for SSGVX and VBAIX. For additional features, visit the drawdowns tool.
Volatility
SSGVX vs. VBAIX - Volatility Comparison
State Street Global All Cap Equity ex-U.S.Index Portfolio (SSGVX) has a higher volatility of 3.30% compared to Vanguard Balanced Index Fund Institutional Shares (VBAIX) at 2.47%. This indicates that SSGVX's price experiences larger fluctuations and is considered to be riskier than VBAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.