Correlation
The correlation between SSSYX and BLK is 0.74, 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.
SSSYX vs. BLK
Compare and contrast key facts about State Street Equity 500 Index Fund Class K (SSSYX) and BlackRock, Inc. (BLK).
SSSYX is a passively managed fund by State Street Global Advisors that tracks the performance of the S&P 500 Index. It was launched on Sep 17, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSSYX or BLK.
Performance
SSSYX vs. BLK - Performance Comparison
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Key characteristics
SSSYX:
0.73
BLK:
1.22
SSSYX:
1.04
BLK:
1.66
SSSYX:
1.15
BLK:
1.24
SSSYX:
0.69
BLK:
1.26
SSSYX:
2.61
BLK:
3.96
SSSYX:
4.93%
BLK:
7.56%
SSSYX:
19.75%
BLK:
26.01%
SSSYX:
-33.77%
BLK:
-60.36%
SSSYX:
-3.44%
BLK:
-8.39%
Returns By Period
In the year-to-date period, SSSYX achieves a 1.03% return, which is significantly higher than BLK's -3.89% return. Both investments have delivered pretty close results over the past 10 years, with SSSYX having a 12.77% annualized return and BLK not far ahead at 13.26%.
SSSYX
1.03%
5.62%
-1.38%
13.46%
14.36%
15.86%
12.77%
BLK
-3.89%
6.96%
-3.20%
29.86%
16.59%
15.95%
13.26%
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Risk-Adjusted Performance
SSSYX vs. BLK — Risk-Adjusted Performance Rank
SSSYX
BLK
SSSYX vs. BLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Equity 500 Index Fund Class K (SSSYX) and BlackRock, Inc. (BLK). 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.
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Dividends
SSSYX vs. BLK - Dividend Comparison
SSSYX's dividend yield for the trailing twelve months is around 1.61%, less than BLK's 2.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSSYX State Street Equity 500 Index Fund Class K | 1.61% | 1.63% | 1.78% | 2.16% | 2.76% | 1.86% | 4.44% | 5.17% | 5.94% | 1.66% | 1.84% | 0.00% |
BLK BlackRock, Inc. | 2.09% | 1.99% | 2.46% | 2.75% | 1.80% | 2.01% | 2.63% | 3.06% | 1.95% | 2.41% | 2.56% | 2.16% |
Drawdowns
SSSYX vs. BLK - Drawdown Comparison
The maximum SSSYX drawdown since its inception was -33.77%, smaller than the maximum BLK drawdown of -60.36%. Use the drawdown chart below to compare losses from any high point for SSSYX and BLK.
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Volatility
SSSYX vs. BLK - Volatility Comparison
The current volatility for State Street Equity 500 Index Fund Class K (SSSYX) is 4.82%, while BlackRock, Inc. (BLK) has a volatility of 5.80%. This indicates that SSSYX experiences smaller price fluctuations and is considered to be less risky than BLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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