SSMHX vs. SCHA
Compare and contrast key facts about State Street Small/Mid Cap Equity Index Portfolio (SSMHX) and Schwab U.S. Small-Cap ETF (SCHA).
SSMHX is managed by State Street Global Advisors. It was launched on Aug 11, 2015. SCHA is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Small-Cap Total Stock Market Total Return Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSMHX or SCHA.
Correlation
The correlation between SSMHX and SCHA is 0.97, 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
SSMHX vs. SCHA - Performance Comparison
Key characteristics
SSMHX:
0.77
SCHA:
0.74
SSMHX:
1.14
SCHA:
1.15
SSMHX:
1.14
SCHA:
1.14
SSMHX:
0.52
SCHA:
1.00
SSMHX:
2.95
SCHA:
3.32
SSMHX:
4.70%
SCHA:
4.05%
SSMHX:
17.99%
SCHA:
18.28%
SSMHX:
-43.83%
SCHA:
-42.41%
SSMHX:
-13.94%
SCHA:
-6.45%
Returns By Period
In the year-to-date period, SSMHX achieves a 3.91% return, which is significantly higher than SCHA's 1.82% return.
SSMHX
3.91%
-1.66%
7.98%
15.80%
5.51%
N/A
SCHA
1.82%
-2.63%
6.93%
15.17%
8.70%
8.62%
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SSMHX vs. SCHA - Expense Ratio Comparison
SSMHX has a 0.02% expense ratio, which is lower than SCHA's 0.04% 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
SSMHX vs. SCHA — Risk-Adjusted Performance Rank
SSMHX
SCHA
SSMHX vs. SCHA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Small/Mid Cap Equity Index Portfolio (SSMHX) and Schwab U.S. Small-Cap ETF (SCHA). 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
SSMHX vs. SCHA - Dividend Comparison
SSMHX's dividend yield for the trailing twelve months is around 1.31%, less than SCHA's 1.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSMHX State Street Small/Mid Cap Equity Index Portfolio | 1.31% | 1.36% | 1.30% | 1.40% | 1.10% | 0.88% | 1.30% | 1.80% | 1.26% | 0.88% | 0.60% | 0.00% |
SCHA Schwab U.S. Small-Cap ETF | 1.82% | 1.85% | 2.56% | 1.69% | 2.39% | 1.52% | 1.97% | 2.58% | 1.47% | 2.39% | 2.52% | 1.78% |
Drawdowns
SSMHX vs. SCHA - Drawdown Comparison
The maximum SSMHX drawdown since its inception was -43.83%, roughly equal to the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for SSMHX and SCHA. For additional features, visit the drawdowns tool.
Volatility
SSMHX vs. SCHA - Volatility Comparison
State Street Small/Mid Cap Equity Index Portfolio (SSMHX) and Schwab U.S. Small-Cap ETF (SCHA) have volatilities of 3.73% and 3.63%, 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.