Fund Evaluator:

State Street Equity 500 Index Svc Overview

State Street Equity 500 Index Svc (STBIX) is a passively managed U.S. Equity Large Blend fund. State Street Investment Management launched the fund in 2003.

The investment seeks to replicate as closely as possible, before expenses, the performance of the Standard & Poor's 500 Index. 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. It is non-diversified.

About State Street Equity 500 Index Svc (STBIX)

There are 3 members of the management team with an average tenure of 12.48 years: Emiliano Rabinovich (2026), Amy Scofield (2012), Karl Schneider (2002). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. State Street Equity 500 Index Svc has 507 securities in its portfolio. The top 10 holdings constitute 36.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

State Street Equity 500 Index Svc is part of the Equity global asset class and is within the U.S. Equity fund group. State Street Equity 500 Index Svc has 0.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.0%. There is 0.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). State Street Equity 500 Index Svc has 0.5% of the portfolio in cash.

Assets Under Management

The fund has $26 million in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

STBIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The State Street Equity 500 Index Svc expense ratio is below average compared to funds in the Large Blend category. State Street Equity 500 Index Svc has an expense ratio of 0.27%, which is 67% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. State Street Equity 500 Index Svc has a portfolio turnover rate of 2%, indicating that holds its assets around 0.5 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.

Recently, in the month of July 2026, State Street Equity 500 Index Svc returned -0.1%, which earned it a grade of D, as the Large Blend category had an average return of 0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

State Street Equity 500 Index Svc has a trailing yield of 0.89%, which is above the 0.56% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

State Street Equity 500 Index Svc Grades

Year to date, the fund has returned 10.0%, 0.6 percentage points better than the category, which translates into a grade of C. The fund has returned 19.2% over the past year (grade of B), 19.0% over the past three years (grade of B) and 12.5% per year over the past five years (grade of B) and 14.7% per year over the past 10 years (grade of B).

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