SSHQX vs. EPDPX

Last updated Jun 23, 2026

SSHQX (State Street Hedged International Developed Equity Index Fund) and EPDPX (EuroPac International Dividend Income Fund Class A) are both Foreign Large Cap Equities funds. Over the past 10 years, SSHQX returned 12.74%/yr vs 9.64%/yr for EPDPX. A 0.59 correlation means they provide meaningful diversification when combined. SSHQX charges 0.20%/yr vs 1.52%/yr for EPDPX.

Performance

SSHQX vs. EPDPX - 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 EuroPac International Dividend Income Fund Class A (EPDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSHQX achieves a 13.04% return, which is significantly higher than EPDPX's 8.44% return. Over the past 10 years, SSHQX has outperformed EPDPX with an annualized return of 12.74%, while EPDPX has yielded a comparatively lower 9.64% annualized return.

SSHQX

• 1D: 0.93%
• 1M: 3.19%
• YTD: 13.04%
• 6M: 13.76%
• 1Y: 29.76%
• 3Y*: 18.34%
• 5Y*: 13.93%
• 10Y*: 12.74%

EPDPX

• 1D: -1.26%
• 1M: -3.39%
• YTD: 8.44%
• 6M: 8.60%
• 1Y: 36.90%
• 3Y*: 21.61%
• 5Y*: 13.90%
• 10Y*: 9.64%

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

SSHQX vs. EPDPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSHQX State Street Hedged International Developed Equity Index Fund	13.04%	23.42%	13.71%	19.74%	-4.73%	19.32%	2.47%	24.83%	-9.27%	16.85%
EPDPX EuroPac International Dividend Income Fund Class A	8.44%	61.93%	0.72%	7.46%	1.27%	7.78%	8.83%	13.05%	-11.02%	15.53%

Correlation

The correlation between SSHQX and EPDPX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.59

The correlation between SSHQX and EPDPX shifts across timeframes, from 0.47 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SSHQX vs. EPDPX — Risk / Return Rank

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

SSHQX

SSHQX Risk / Return Rank: 72
SSHQX Sharpe Ratio Rank: 76
SSHQX Sortino Ratio Rank: 74
SSHQX Omega Ratio Rank: 78
SSHQX Calmar Ratio Rank: 65
SSHQX Martin Ratio Rank: 69

EPDPX

EPDPX Risk / Return Rank: 74
EPDPX Sharpe Ratio Rank: 84
EPDPX Sortino Ratio Rank: 71
EPDPX Omega Ratio Rank: 76
EPDPX Calmar Ratio Rank: 77
EPDPX Martin Ratio Rank: 62

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. EPDPX - 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 EuroPac International Dividend Income Fund Class A (EPDPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SSHQX	EPDPX	Difference
Sharpe ratio: Return per unit of total volatility	2.34	2.52	-0.17
Sortino ratio: Return per unit of downside risk	3.27	3.20	+0.07
Omega ratio: Gain probability vs. loss probability	1.46	1.45	+0.01
Calmar ratio: Return relative to maximum drawdown	2.98	3.33	-0.35
Martin ratio: Return relative to average drawdown	12.44	11.42	+1.02

SSHQX vs. EPDPX - Sharpe Ratio Comparison

The current SSHQX Sharpe Ratio is 2.34, which is comparable to the EPDPX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of SSHQX and EPDPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SSHQX vs. EPDPX - Drawdown Comparison

The maximum SSHQX drawdown since its inception was -31.84%, smaller than the maximum EPDPX drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for SSHQX and EPDPX.

Drawdown Indicators

	SSHQX	EPDPX	Difference
Max Drawdown Largest peak-to-trough decline	-31.84%	-39.21%	+7.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.69%	-10.96%	+1.27%
Max Drawdown (3Y) Largest decline over 3 years	-13.99%	-13.15%	-0.84%
Max Drawdown (5Y) Largest decline over 5 years	-14.79%	-21.06%	+6.27%
Max Drawdown (10Y) Largest decline over 10 years	-31.84%	-33.34%	+1.50%
Current Drawdown Current decline from peak	0.00%	-7.22%	+7.22%
Average Drawdown Average peak-to-trough decline	-3.34%	-11.17%	+7.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	3.19%	-0.88%

Volatility

SSHQX vs. EPDPX - Volatility Comparison

The current volatility for State Street Hedged International Developed Equity Index Fund (SSHQX) is 3.94%, while EuroPac International Dividend Income Fund Class A (EPDPX) has a volatility of 5.19%. This indicates that SSHQX experiences smaller price fluctuations and is considered to be less risky than EPDPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSHQX	EPDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.94%	5.19%	-1.25%
Volatility (6M) Calculated over the trailing 6-month period	10.24%	12.39%	-2.15%
Volatility (1Y) Calculated over the trailing 1-year period	12.30%	14.50%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.49%	14.14%	-0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.16%	14.93%	+0.23%

SSHQX vs. EPDPX - Expense Ratio Comparison

SSHQX has a 0.20% expense ratio, which is lower than EPDPX's 1.52% expense ratio.

Dividends

SSHQX vs. EPDPX - Dividend Comparison

SSHQX's dividend yield for the trailing twelve months is around 3.19%, less than EPDPX's 6.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPDPX EuroPac International Dividend Income Fund Class A	6.18%	6.55%	3.82%	3.08%	2.56%	2.07%	1.70%	2.43%	2.66%	2.69%	2.24%	3.58%
SSHQX State Street Hedged International Developed Equity Index Fund	3.19%	3.60%	3.11%	3.77%	22.27%	2.93%	2.03%	5.14%	7.33%	3.12%	4.30%	0.00%

Frequently Asked Questions

Can I hold both SSHQX and EPDPX in my portfolio?

SSHQX and EPDPX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSHQX or EPDPX?

EPDPX has higher volatility (5.19%) compared to SSHQX (3.94%). In terms of maximum drawdown, SSHQX dropped -31.84% vs EPDPX's -39.21%.

Which has better risk-adjusted returns?

EPDPX currently has the higher Sharpe Ratio (2.52 vs 2.34), 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.