SSHQX vs. FNDE
Compare and contrast key facts about State Street Hedged International Developed Equity Index Fund (SSHQX) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE).
SSHQX is managed by State Street Global Advisors. It was launched on May 29, 2015. FNDE is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental Emerging Markets Large Company Index. It was launched on Aug 15, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSHQX or FNDE.
Correlation
The correlation between SSHQX and FNDE is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SSHQX vs. FNDE - Performance Comparison
Key characteristics
SSHQX:
1.48
FNDE:
1.18
SSHQX:
1.93
FNDE:
1.74
SSHQX:
1.28
FNDE:
1.22
SSHQX:
1.52
FNDE:
1.42
SSHQX:
7.43
FNDE:
3.36
SSHQX:
2.24%
FNDE:
5.88%
SSHQX:
11.28%
FNDE:
16.77%
SSHQX:
-31.95%
FNDE:
-43.55%
SSHQX:
-0.76%
FNDE:
-5.12%
Returns By Period
The year-to-date returns for both stocks are quite close, with SSHQX having a 6.75% return and FNDE slightly lower at 6.71%.
SSHQX
6.75%
4.37%
8.30%
15.60%
7.06%
N/A
FNDE
6.71%
7.04%
6.63%
18.53%
6.70%
6.00%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SSHQX vs. FNDE - Expense Ratio Comparison
SSHQX has a 0.20% expense ratio, which is lower than FNDE's 0.39% expense ratio.
Risk-Adjusted Performance
SSHQX vs. FNDE — Risk-Adjusted Performance Rank
SSHQX
FNDE
SSHQX vs. FNDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Hedged International Developed Equity Index Fund (SSHQX) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE). 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
SSHQX vs. FNDE - Dividend Comparison
SSHQX's dividend yield for the trailing twelve months is around 2.92%, less than FNDE's 4.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSHQX State Street Hedged International Developed Equity Index Fund | 2.92% | 3.11% | 3.77% | 3.38% | 2.93% | 2.03% | 3.08% | 5.69% | 0.00% | 2.16% | 0.63% | 0.00% |
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.52% | 4.82% | 4.74% | 5.59% | 4.31% | 2.49% | 3.47% | 3.05% | 2.05% | 1.65% | 2.02% | 1.36% |
Drawdowns
SSHQX vs. FNDE - Drawdown Comparison
The maximum SSHQX drawdown since its inception was -31.95%, smaller than the maximum FNDE drawdown of -43.55%. Use the drawdown chart below to compare losses from any high point for SSHQX and FNDE. For additional features, visit the drawdowns tool.
Volatility
SSHQX vs. FNDE - Volatility Comparison
The current volatility for State Street Hedged International Developed Equity Index Fund (SSHQX) is 2.19%, while Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) has a volatility of 3.44%. This indicates that SSHQX experiences smaller price fluctuations and is considered to be less risky than FNDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.