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SSMHX vs. SSGJX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SSMHX vs. SSGJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Small/Mid Cap Equity Index Portfolio (SSMHX) and State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX). The values are adjusted to include any dividend payments, if applicable.

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SSMHX vs. SSGJX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SSMHX
State Street Small/Mid Cap Equity Index Portfolio
-4.45%12.90%10.73%25.21%-25.43%13.08%32.46%28.00%-9.21%18.26%
SSGJX
State Street Global All Cap Equity ex-U.S. Index Fund
-0.66%32.51%4.92%15.59%-16.57%8.21%-88.91%21.27%-14.19%27.00%

Returns By Period

In the year-to-date period, SSMHX achieves a -4.45% return, which is significantly lower than SSGJX's -0.66% return. Over the past 10 years, SSMHX has outperformed SSGJX with an annualized return of 10.38%, while SSGJX has yielded a comparatively lower -13.85% annualized return.


SSMHX

1D
-0.92%
1M
-8.01%
YTD
-4.45%
6M
-3.94%
1Y
17.75%
3Y*
12.19%
5Y*
3.29%
10Y*
10.38%

SSGJX

1D
0.39%
1M
-10.88%
YTD
-0.66%
6M
4.03%
1Y
24.76%
3Y*
14.32%
5Y*
6.81%
10Y*
-13.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SSMHX vs. SSGJX - Expense Ratio Comparison

SSMHX has a 0.02% expense ratio, which is lower than SSGJX's 0.27% 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%.


Return for Risk

SSMHX vs. SSGJX — Risk / Return Rank

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

SSMHX
SSMHX Risk / Return Rank: 3838
Overall Rank
SSMHX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
SSMHX Sortino Ratio Rank: 3939
Sortino Ratio Rank
SSMHX Omega Ratio Rank: 3535
Omega Ratio Rank
SSMHX Calmar Ratio Rank: 3939
Calmar Ratio Rank
SSMHX Martin Ratio Rank: 4343
Martin Ratio Rank

SSGJX
SSGJX Risk / Return Rank: 8282
Overall Rank
SSGJX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
SSGJX Sortino Ratio Rank: 8383
Sortino Ratio Rank
SSGJX Omega Ratio Rank: 8282
Omega Ratio Rank
SSGJX Calmar Ratio Rank: 8282
Calmar Ratio Rank
SSGJX Martin Ratio Rank: 8080
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.

SSMHX vs. SSGJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Small/Mid Cap Equity Index Portfolio (SSMHX) and State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX). 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.


SSMHXSSGJXDifference

Sharpe ratio

Return per unit of total volatility

0.78

1.55

-0.77

Sortino ratio

Return per unit of downside risk

1.23

2.11

-0.88

Omega ratio

Gain probability vs. loss probability

1.17

1.32

-0.15

Calmar ratio

Return relative to maximum drawdown

1.02

1.98

-0.96

Martin ratio

Return relative to average drawdown

4.33

7.84

-3.51

SSMHX vs. SSGJX - Sharpe Ratio Comparison

The current SSMHX Sharpe Ratio is 0.78, which is lower than the SSGJX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of SSMHX and SSGJX, 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


SSMHXSSGJXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.78

1.55

-0.77

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.15

0.47

-0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

-0.43

+0.89

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

-0.43

+0.83

Correlation

The correlation between SSMHX and SSGJX is 0.67, 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.


Dividends

SSMHX vs. SSGJX - Dividend Comparison

SSMHX's dividend yield for the trailing twelve months is around 7.46%, more than SSGJX's 4.37% yield.


TTM20252024202320222021202020192018201720162015
SSMHX
State Street Small/Mid Cap Equity Index Portfolio
7.46%7.12%0.00%1.56%2.31%16.30%2.91%3.65%6.43%4.01%1.71%0.73%
SSGJX
State Street Global All Cap Equity ex-U.S. Index Fund
4.37%4.34%4.43%2.93%2.73%4.07%1.57%4.69%8.03%3.98%1.52%2.09%

Drawdowns

SSMHX vs. SSGJX - Drawdown Comparison

The maximum SSMHX drawdown since its inception was -41.61%, smaller than the maximum SSGJX drawdown of -92.55%. Use the drawdown chart below to compare losses from any high point for SSMHX and SSGJX.


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Drawdown Indicators


SSMHXSSGJXDifference

Max Drawdown

Largest peak-to-trough decline

-41.61%

-92.55%

+50.94%

Max Drawdown (1Y)

Largest decline over 1 year

-14.48%

-11.23%

-3.25%

Max Drawdown (5Y)

Largest decline over 5 years

-34.84%

-30.19%

-4.65%

Max Drawdown (10Y)

Largest decline over 10 years

-41.61%

-92.55%

+50.94%

Current Drawdown

Current decline from peak

-10.03%

-84.52%

+74.49%

Average Drawdown

Average peak-to-trough decline

-9.27%

-50.13%

+40.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.41%

2.84%

+0.57%

Volatility

SSMHX vs. SSGJX - Volatility Comparison

The current volatility for State Street Small/Mid Cap Equity Index Portfolio (SSMHX) is 5.96%, while State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) has a volatility of 6.44%. This indicates that SSMHX experiences smaller price fluctuations and is considered to be less risky than SSGJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SSMHXSSGJXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.96%

6.44%

-0.48%

Volatility (6M)

Calculated over the trailing 6-month period

12.78%

10.02%

+2.76%

Volatility (1Y)

Calculated over the trailing 1-year period

22.45%

15.49%

+6.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.38%

14.49%

+7.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.33%

32.51%

-10.18%