- What does SSSYX invest in?
- The fund uses a passive management strategy designed to track the performance of the S&P 500. The index is a well-known stock market index that includes common stocks of 500 companies from a number of sectors and that measures the performance of the large-cap sector of the U.S. equities market. The advisor generally intends to invest in all stocks comprising the S&P 500 in approximate proportion to their weightings in the index.
- What is the expense ratio of SSSYX?
- State Street Equity 500 Index Fund (SSSYX) charges an expense ratio of 0.02%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SSSYX?
- State Street Equity 500 Index Fund (SSSYX) manages $16.16B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is SSSYX actively managed or an index fund?
- SSSYX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SSSYX's is 0.02%) because there's no security selection cost.
- When was SSSYX launched?
- State Street Equity 500 Index Fund (SSSYX) launched in September 2014 and is managed by State Street / SPDR.
- How has SSSYX performed?
- SSSYX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
