SSSYX vs. SPYG
Compare and contrast key facts about State Street Equity 500 Index Fund Class K (SSSYX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
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. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. Both SSSYX and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSSYX or SPYG.
Correlation
The correlation between SSSYX and SPYG is 0.95, 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. SPYG - Performance Comparison
Key characteristics
SSSYX:
1.87
SPYG:
1.75
SSSYX:
2.52
SPYG:
2.30
SSSYX:
1.34
SPYG:
1.32
SSSYX:
2.82
SPYG:
2.48
SSSYX:
11.69
SPYG:
9.51
SSSYX:
2.04%
SPYG:
3.32%
SSSYX:
12.76%
SPYG:
18.04%
SSSYX:
-33.77%
SPYG:
-67.79%
SSSYX:
0.00%
SPYG:
0.00%
Returns By Period
In the year-to-date period, SSSYX achieves a 4.63% return, which is significantly lower than SPYG's 5.11% return. Over the past 10 years, SSSYX has underperformed SPYG with an annualized return of 11.86%, while SPYG has yielded a comparatively higher 15.34% annualized return.
SSSYX
4.63%
2.56%
9.99%
25.12%
14.07%
11.86%
SPYG
5.11%
2.78%
13.80%
33.79%
16.83%
15.34%
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SSSYX vs. SPYG - Expense Ratio Comparison
SSSYX has a 0.02% expense ratio, which is lower than SPYG's 0.04% 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
SSSYX vs. SPYG — Risk-Adjusted Performance Rank
SSSYX
SPYG
SSSYX vs. SPYG - 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 SPDR Portfolio S&P 500 Growth ETF (SPYG). 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. SPYG - Dividend Comparison
SSSYX's dividend yield for the trailing twelve months is around 1.56%, more than SPYG's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSSYX State Street Equity 500 Index Fund Class K | 1.56% | 1.63% | 1.44% | 1.09% | 1.38% | 1.58% | 1.92% | 2.14% | 2.29% | 1.66% | 1.84% | 1.81% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.57% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
SSSYX vs. SPYG - Drawdown Comparison
The maximum SSSYX drawdown since its inception was -33.77%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for SSSYX and SPYG. For additional features, visit the drawdowns tool.
Volatility
SSSYX vs. SPYG - Volatility Comparison
The current volatility for State Street Equity 500 Index Fund Class K (SSSYX) is 3.06%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.40%. This indicates that SSSYX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.