SSMKX vs. VOO
Compare and contrast key facts about State Street Small/Mid Cap Equity Index Fund (SSMKX) and Vanguard S&P 500 ETF (VOO).
SSMKX is managed by State Street Global Advisors. It was launched on Aug 12, 2015. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSMKX or VOO.
Correlation
The correlation between SSMKX and VOO is 0.87, 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. VOO - Performance Comparison
Key characteristics
SSMKX:
0.24
VOO:
0.54
SSMKX:
0.51
VOO:
0.88
SSMKX:
1.07
VOO:
1.13
SSMKX:
0.17
VOO:
0.55
SSMKX:
0.77
VOO:
2.27
SSMKX:
7.55%
VOO:
4.55%
SSMKX:
24.11%
VOO:
19.19%
SSMKX:
-45.04%
VOO:
-33.99%
SSMKX:
-26.07%
VOO:
-9.90%
Returns By Period
In the year-to-date period, SSMKX achieves a -9.60% return, which is significantly lower than VOO's -5.74% return.
SSMKX
-9.60%
-6.09%
-6.86%
4.17%
8.47%
N/A
VOO
-5.74%
-3.16%
-4.28%
10.88%
16.04%
12.07%
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SSMKX vs. VOO - Expense Ratio Comparison
SSMKX has a 0.05% expense ratio, which is higher than VOO's 0.03% expense ratio. However, 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. VOO — Risk-Adjusted Performance Rank
SSMKX
VOO
SSMKX vs. VOO - 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 S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
SSMKX's dividend yield for the trailing twelve months is around 2.34%, more than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSMKX State Street Small/Mid Cap Equity Index Fund | 2.34% | 2.12% | 1.67% | 1.73% | 3.63% | 0.67% | 2.29% | 1.73% | 4.77% | 1.29% | 0.68% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SSMKX vs. VOO - Drawdown Comparison
The maximum SSMKX drawdown since its inception was -45.04%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SSMKX and VOO. For additional features, visit the drawdowns tool.
Volatility
SSMKX vs. VOO - Volatility Comparison
State Street Small/Mid Cap Equity Index Fund (SSMKX) has a higher volatility of 15.67% compared to Vanguard S&P 500 ETF (VOO) at 13.96%. This indicates that SSMKX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.