SSSYX vs. VIMAX
Compare and contrast key facts about State Street Equity 500 Index Fund Class K (SSSYX) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX).
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. VIMAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSSYX or VIMAX.
Correlation
The correlation between SSSYX and VIMAX is 0.92, 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. VIMAX - Performance Comparison
Key characteristics
SSSYX:
1.75
VIMAX:
1.38
SSSYX:
2.36
VIMAX:
1.93
SSSYX:
1.32
VIMAX:
1.24
SSSYX:
2.66
VIMAX:
2.35
SSSYX:
11.02
VIMAX:
6.24
SSSYX:
2.04%
VIMAX:
2.74%
SSSYX:
12.87%
VIMAX:
12.43%
SSSYX:
-33.77%
VIMAX:
-58.88%
SSSYX:
-2.12%
VIMAX:
-4.52%
Returns By Period
The year-to-date returns for both investments are quite close, with SSSYX having a 2.42% return and VIMAX slightly higher at 2.48%. Over the past 10 years, SSSYX has outperformed VIMAX with an annualized return of 11.59%, while VIMAX has yielded a comparatively lower 9.37% annualized return.
SSSYX
2.42%
-1.08%
7.40%
19.78%
13.56%
11.59%
VIMAX
2.48%
-2.22%
6.21%
15.53%
9.67%
9.37%
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SSSYX vs. VIMAX - Expense Ratio Comparison
SSSYX has a 0.02% expense ratio, which is lower than VIMAX's 0.05% 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. VIMAX — Risk-Adjusted Performance Rank
SSSYX
VIMAX
SSSYX vs. VIMAX - 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 Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX). 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. VIMAX - Dividend Comparison
SSSYX's dividend yield for the trailing twelve months is around 1.59%, more than VIMAX's 1.45% 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% |
VIMAX Vanguard Mid-Cap Index Fund Admiral Shares | 1.45% | 1.48% | 1.51% | 1.59% | 1.11% | 1.44% | 1.47% | 1.82% | 1.35% | 1.45% | 1.47% | 1.29% |
Drawdowns
SSSYX vs. VIMAX - Drawdown Comparison
The maximum SSSYX drawdown since its inception was -33.77%, smaller than the maximum VIMAX drawdown of -58.88%. Use the drawdown chart below to compare losses from any high point for SSSYX and VIMAX. For additional features, visit the drawdowns tool.
Volatility
SSSYX vs. VIMAX - Volatility Comparison
State Street Equity 500 Index Fund Class K (SSSYX) has a higher volatility of 3.42% compared to Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) at 3.11%. This indicates that SSSYX's price experiences larger fluctuations and is considered to be riskier than VIMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.