SSSYX vs. OIEJX
Compare and contrast key facts about State Street Equity 500 Index Fund Class K (SSSYX) and JPMorgan Equity Income Fund R6 (OIEJX).
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. OIEJX is managed by JPMorgan Chase. It was launched on Jul 2, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSSYX or OIEJX.
Correlation
The correlation between SSSYX and OIEJX 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
SSSYX vs. OIEJX - Performance Comparison
Key characteristics
SSSYX:
1.75
OIEJX:
0.82
SSSYX:
2.36
OIEJX:
1.12
SSSYX:
1.32
OIEJX:
1.16
SSSYX:
2.66
OIEJX:
0.74
SSSYX:
11.02
OIEJX:
2.14
SSSYX:
2.04%
OIEJX:
4.77%
SSSYX:
12.87%
OIEJX:
12.36%
SSSYX:
-33.77%
OIEJX:
-36.88%
SSSYX:
-2.12%
OIEJX:
-8.41%
Returns By Period
In the year-to-date period, SSSYX achieves a 2.42% return, which is significantly lower than OIEJX's 5.12% return. Over the past 10 years, SSSYX has outperformed OIEJX with an annualized return of 11.59%, while OIEJX has yielded a comparatively lower 7.97% annualized return.
SSSYX
2.42%
-1.08%
7.40%
19.78%
13.56%
11.59%
OIEJX
5.12%
0.74%
-0.02%
8.78%
7.37%
7.97%
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SSSYX vs. OIEJX - Expense Ratio Comparison
SSSYX has a 0.02% expense ratio, which is lower than OIEJX's 0.45% expense ratio.
Risk-Adjusted Performance
SSSYX vs. OIEJX — Risk-Adjusted Performance Rank
SSSYX
OIEJX
SSSYX vs. OIEJX - 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 JPMorgan Equity Income Fund R6 (OIEJX). 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
SSSYX vs. OIEJX - Dividend Comparison
SSSYX's dividend yield for the trailing twelve months is around 1.59%, less than OIEJX's 2.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSSYX State Street Equity 500 Index Fund Class K | 1.59% | 1.63% | 1.44% | 1.09% | 1.38% | 1.58% | 1.92% | 2.14% | 2.29% | 1.66% | 1.84% | 1.81% |
OIEJX JPMorgan Equity Income Fund R6 | 2.07% | 2.16% | 2.30% | 2.21% | 1.75% | 2.05% | 2.01% | 2.46% | 1.83% | 2.11% | 2.26% | 2.16% |
Drawdowns
SSSYX vs. OIEJX - Drawdown Comparison
The maximum SSSYX drawdown since its inception was -33.77%, smaller than the maximum OIEJX drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for SSSYX and OIEJX. For additional features, visit the drawdowns tool.
Volatility
SSSYX vs. OIEJX - Volatility Comparison
State Street Equity 500 Index Fund Class K (SSSYX) has a higher volatility of 3.42% compared to JPMorgan Equity Income Fund R6 (OIEJX) at 2.68%. This indicates that SSSYX's price experiences larger fluctuations and is considered to be riskier than OIEJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.