State Street Equity 500 Index Fund

Frequently Asked Questions About SSSYX

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 $16.47B 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.