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 Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | SIOAX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | SIOAX vs GIPIX | |
| 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 94. There are 3 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 95 | — | Oct 2009 | SIOAX vs ASTIX | |
| Hussman Strategic Total Return Fund | 95 | — | Sep 2002 | SIOAX vs HSTRX | |
| PIMCO All Asset Fund | 95 | — | Nov 2002 | SIOAX vs PAAIX | |
| PIMCO All Asset Fund Class A | 94 | — | Apr 2008 | SIOAX vs PASAX | |
| Invesco Balanced-Risk Allocation Fund | 93 | — | Jun 2009 | SIOAX vs ABRYX |
Top Performing SIOAX Alternatives (YTD)
SIOAX is at 4.08% YTD. There are 62 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 43.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 43.03% | — | Sep 2019 | SIOAX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 33.55% | — | Dec 2016 | SIOAX vs MOJOX | |
| Teberg Fund | 21.81% | — | Mar 2002 | SIOAX vs TEBRX | |
| PIMCO Dynamic Income Strategy Fund | 19.01% | — | Feb 2019 | SIOAX vs PDX | |
| Potomac Defensive Bull Fund | 18.43% | — | Jun 2020 | SIOAX vs CRDBX |
Lowest Volatility Alternatives to SIOAX
SIOAX has 2.81% 1-year volatility. There is 1 mutual fund in the Tactical Allocation category with lower 1-year volatility, going as low as 2.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.54% | — | Aug 2012 | SIOAX vs GPIFX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.83% | — | Jul 2014 | SIOAX vs TTIFX | |
| OnTrack Core Fund | 4.15% | — | Jan 2013 | SIOAX vs OTRFX | |
| Hussman Strategic Total Return Fund | 4.31% | — | Sep 2002 | SIOAX vs HSTRX | |
| Hundredfold Select Alternative Fund Investor Class | 4.75% | — | — | 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 | -2.48% | — | 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 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | SIOAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | SIOAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | SIOAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | SIOAX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | SIOAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | SIOAX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | SIOAX vs BDMAX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | SIOAX vs MADVX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | SIOAX vs BSIIX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | SIOAX vs BRHYX |
Often Compared With SIOAX
Investors most often compare SIOAX with GUG, SAPEX, VOO. 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