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SSHQX vs. AIVSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SSHQX vs. AIVSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Hedged International Developed Equity Index Fund (SSHQX) and American Funds Investment Company of America Class A (AIVSX). The values are adjusted to include any dividend payments, if applicable.

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SSHQX vs. AIVSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SSHQX
State Street Hedged International Developed Equity Index Fund
2.41%23.42%13.71%19.74%-4.73%19.32%-89.75%24.83%-9.27%16.85%
AIVSX
American Funds Investment Company of America Class A
-4.87%20.47%24.90%28.56%-15.50%25.10%14.47%24.10%-8.21%19.54%

Returns By Period

In the year-to-date period, SSHQX achieves a 2.41% return, which is significantly higher than AIVSX's -4.87% return. Over the past 10 years, SSHQX has underperformed AIVSX with an annualized return of -11.24%, while AIVSX has yielded a comparatively higher 12.88% annualized return.


SSHQX

1D
1.89%
1M
-4.81%
YTD
2.41%
6M
8.34%
1Y
21.02%
3Y*
16.59%
5Y*
12.47%
10Y*
-11.24%

AIVSX

1D
3.05%
1M
-5.90%
YTD
-4.87%
6M
-3.21%
1Y
17.66%
3Y*
20.05%
5Y*
12.46%
10Y*
12.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SSHQX vs. AIVSX - Expense Ratio Comparison

SSHQX has a 0.20% expense ratio, which is lower than AIVSX's 0.57% expense ratio.


Return for Risk

SSHQX vs. AIVSX — Risk / Return Rank

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

SSHQX
SSHQX Risk / Return Rank: 7373
Overall Rank
SSHQX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
SSHQX Sortino Ratio Rank: 7272
Sortino Ratio Rank
SSHQX Omega Ratio Rank: 7676
Omega Ratio Rank
SSHQX Calmar Ratio Rank: 7171
Calmar Ratio Rank
SSHQX Martin Ratio Rank: 7373
Martin Ratio Rank

AIVSX
AIVSX Risk / Return Rank: 6363
Overall Rank
AIVSX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
AIVSX Sortino Ratio Rank: 5959
Sortino Ratio Rank
AIVSX Omega Ratio Rank: 5757
Omega Ratio Rank
AIVSX Calmar Ratio Rank: 7272
Calmar Ratio Rank
AIVSX Martin Ratio Rank: 7474
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.

SSHQX vs. AIVSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Hedged International Developed Equity Index Fund (SSHQX) and American Funds Investment Company of America Class A (AIVSX). 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.


SSHQXAIVSXDifference

Sharpe ratio

Return per unit of total volatility

1.36

1.04

+0.32

Sortino ratio

Return per unit of downside risk

1.89

1.59

+0.30

Omega ratio

Gain probability vs. loss probability

1.30

1.23

+0.07

Calmar ratio

Return relative to maximum drawdown

1.77

1.72

+0.05

Martin ratio

Return relative to average drawdown

7.39

7.16

+0.23

SSHQX vs. AIVSX - Sharpe Ratio Comparison

The current SSHQX Sharpe Ratio is 1.36, which is higher than the AIVSX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of SSHQX and AIVSX, 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


SSHQXAIVSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.36

1.04

+0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.94

0.78

+0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.35

0.78

-1.13

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.36

0.67

-1.03

Correlation

The correlation between SSHQX and AIVSX is 0.73, 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

SSHQX vs. AIVSX - Dividend Comparison

SSHQX's dividend yield for the trailing twelve months is around 3.52%, less than AIVSX's 11.17% yield.


TTM20252024202320222021202020192018201720162015
SSHQX
State Street Hedged International Developed Equity Index Fund
3.52%3.60%3.11%3.77%22.27%2.93%2.03%5.14%7.33%3.12%4.30%0.00%
AIVSX
American Funds Investment Company of America Class A
11.17%10.60%9.29%4.96%6.12%6.94%1.65%6.15%9.61%7.08%5.48%8.95%

Drawdowns

SSHQX vs. AIVSX - Drawdown Comparison

The maximum SSHQX drawdown since its inception was -92.12%, which is greater than AIVSX's maximum drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for SSHQX and AIVSX.


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Drawdown Indicators


SSHQXAIVSXDifference

Max Drawdown

Largest peak-to-trough decline

-92.12%

-50.90%

-41.22%

Max Drawdown (1Y)

Largest decline over 1 year

-11.15%

-10.76%

-0.39%

Max Drawdown (5Y)

Largest decline over 5 years

-14.79%

-24.31%

+9.52%

Max Drawdown (10Y)

Largest decline over 10 years

-92.12%

-31.09%

-61.03%

Current Drawdown

Current decline from peak

-80.46%

-7.34%

-73.12%

Average Drawdown

Average peak-to-trough decline

-51.83%

-5.93%

-45.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.74%

2.59%

+0.15%

Volatility

SSHQX vs. AIVSX - Volatility Comparison

State Street Hedged International Developed Equity Index Fund (SSHQX) has a higher volatility of 6.05% compared to American Funds Investment Company of America Class A (AIVSX) at 5.75%. This indicates that SSHQX's price experiences larger fluctuations and is considered to be riskier than AIVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SSHQXAIVSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.05%

5.75%

+0.30%

Volatility (6M)

Calculated over the trailing 6-month period

9.40%

9.93%

-0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

15.69%

17.56%

-1.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.32%

15.96%

-2.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.23%

16.55%

+15.68%