SSMKX vs. VONE
Compare and contrast key facts about State Street Small/Mid Cap Equity Index Fund (SSMKX) and Vanguard Russell 1000 ETF (VONE).
SSMKX is managed by State Street Global Advisors. It was launched on Aug 12, 2015. VONE is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSMKX or VONE.
Correlation
The correlation between SSMKX and VONE is 0.89, 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
SSMKX vs. VONE - Performance Comparison
Key characteristics
SSMKX:
1.11
VONE:
1.86
SSMKX:
1.61
VONE:
2.50
SSMKX:
1.20
VONE:
1.34
SSMKX:
0.63
VONE:
2.77
SSMKX:
5.31
VONE:
11.35
SSMKX:
3.65%
VONE:
2.08%
SSMKX:
17.41%
VONE:
12.76%
SSMKX:
-45.04%
VONE:
-34.67%
SSMKX:
-13.98%
VONE:
0.00%
Returns By Period
In the year-to-date period, SSMKX achieves a 5.18% return, which is significantly higher than VONE's 4.77% return.
SSMKX
5.18%
1.12%
13.14%
21.86%
5.74%
N/A
VONE
4.77%
2.60%
10.71%
25.05%
14.50%
12.99%
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SSMKX vs. VONE - Expense Ratio Comparison
SSMKX has a 0.05% expense ratio, which is lower than VONE's 0.08% 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
SSMKX vs. VONE — Risk-Adjusted Performance Rank
SSMKX
VONE
SSMKX vs. VONE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Small/Mid Cap Equity Index Fund (SSMKX) and Vanguard Russell 1000 ETF (VONE). 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
SSMKX vs. VONE - Dividend Comparison
SSMKX's dividend yield for the trailing twelve months is around 2.01%, more than VONE's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSMKX State Street Small/Mid Cap Equity Index Fund | 2.01% | 2.12% | 1.67% | 1.73% | 3.63% | 0.67% | 2.29% | 1.73% | 4.77% | 1.29% | 0.68% | 0.00% |
VONE Vanguard Russell 1000 ETF | 1.15% | 1.20% | 1.40% | 1.59% | 1.16% | 1.45% | 1.66% | 1.96% | 1.69% | 1.89% | 1.89% | 1.68% |
Drawdowns
SSMKX vs. VONE - Drawdown Comparison
The maximum SSMKX drawdown since its inception was -45.04%, which is greater than VONE's maximum drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for SSMKX and VONE. For additional features, visit the drawdowns tool.
Volatility
SSMKX vs. VONE - Volatility Comparison
State Street Small/Mid Cap Equity Index Fund (SSMKX) has a higher volatility of 3.87% compared to Vanguard Russell 1000 ETF (VONE) at 3.04%. This indicates that SSMKX's price experiences larger fluctuations and is considered to be riskier than VONE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.