SEI Institutional Managed Trust Multi-Asset Income Fund (SIOAX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SIOAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SIOAX
SIOAX charges 0.80% annually. There are 13 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | SIOAX vs GIPIX | |
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | SIOAX vs GOIIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | SIOAX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | SIOAX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | SIOAX vs GPIFX |
Best Risk-Adjusted Alternatives to SIOAX
SIOAX has a PortfoliosLab risk / return rank of 89. There are 10 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 93 | — | Oct 2009 | SIOAX vs ASTIX | |
| Hussman Strategic Total Return Fund | 92 | — | Sep 2002 | SIOAX vs HSTRX | |
| Donoghue Forlines Momentum Fund | 92 | — | Dec 2016 | SIOAX vs MOJOX | |
| Donoghue Forlines Tactical Allocation Fund | 91 | — | Apr 2018 | SIOAX vs GTAIX | |
| AQR Diversifying Strategies Fund Class N | 91 | — | Jun 2020 | SIOAX vs QDSNX |
Top Performing SIOAX Alternatives (YTD)
SIOAX is at 3.28% YTD. There are 63 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 50.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 50.00% | — | Sep 2019 | SIOAX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 40.75% | — | Dec 2016 | SIOAX vs MOJOX | |
| Teberg Fund | 27.65% | — | Mar 2002 | SIOAX vs TEBRX | |
| Quantified STF Fund | 25.79% | — | Nov 2015 | SIOAX vs QSTFX | |
| Potomac Defensive Bull Fund | 22.18% | — | Jun 2020 | SIOAX vs CRDBX |
Lowest Volatility Alternatives to SIOAX
SIOAX has 2.71% 1-year volatility. There is 1 mutual fund in the Tactical Allocation category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.50% | — | Aug 2012 | SIOAX vs GPIFX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.82% | — | Jul 2014 | SIOAX vs TTIFX | |
| Hussman Strategic Total Return Fund | 4.65% | — | Sep 2002 | SIOAX vs HSTRX | |
| Hundredfold Select Alternative Fund | 4.73% | — | Aug 2004 | SIOAX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.74% | — | — | SIOAX vs HFSAX |
Lowest Drawdown Alternatives to SIOAX
SIOAX has a 1-year max drawdown of -2.34%. There are 2 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | SIOAX vs GPIFX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | SIOAX vs TTIFX | |
| Hussman Strategic Total Return Fund | -2.42% | — | Sep 2002 | SIOAX vs HSTRX | |
| Astor Dynamic Allocation Fund | -2.77% | — | Oct 2009 | SIOAX vs ASTIX | |
| BlackRock Tactical Opportunities Fund Institutiona... | -2.99% | — | Jun 1993 | SIOAX vs PBAIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 39 | 15.10% | — | Sep 2021 | SIOAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 11.33% | — | Jul 1993 | SIOAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.25% | — | Dec 2012 | SIOAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 64 | 12.43% | — | May 2011 | SIOAX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 73 | 11.70% | — | Dec 1991 | SIOAX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 51 | 9.56% | — | Jul 2010 | SIOAX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 41 | 5.97% | — | Aug 2005 | SIOAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 34.57% | — | Apr 2000 | SIOAX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 72 | 6.74% | — | Oct 2007 | SIOAX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 72 | 13.91% | — | Sep 1999 | SIOAX vs FAMRX |
Often Compared With SIOAX
Investors most often compare SIOAX with VOO, SAPEX, GUG. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare SIOAX with Any Fund or Stock
Compare SIOAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SIOAX with funds that move differently
SEI Institutional Managed Trust Multi-Asset Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SIOAX.
Explore SIOAX Diversifiers