SSPIX Alternatives & Similar Mutual Funds

SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SSPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SSPIX

SSPIX charges 0.25% annually. There are 13 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
BSPGX	iShares S&P 500 Index Fund Class G	0.01%	—	Jul 2019	SSPIX vs BSPGX
SSSYX	State Street Equity 500 Index Fund Class K	0.02%	—	Sep 2014	SSPIX vs SSSYX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	0.02%	349.70B	Jul 1997	SSPIX vs VIIIX
FXAIX	Fidelity 500 Index Fund	0.02%	—	Feb 1988	SSPIX vs FXAIX
SWPPX	Schwab S&P 500 Index Fund	0.02%	144.34B	May 1997	SSPIX vs SWPPX

Best Risk-Adjusted Alternatives to SSPIX

SSPIX has a PortfoliosLab risk / return rank of 71. There are 19 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 76.

Symbol	Name	Risk / Return Rank	AUM	Inception
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	76	349.70B	Jul 1997	SSPIX vs VIIIX
VADDX	Invesco Equally-Weighted S&P 500 Fund	75	—	Jul 1997	SSPIX vs VADDX
FXAIX	Fidelity 500 Index Fund	75	—	Feb 1988	SSPIX vs FXAIX
VINIX	Vanguard Institutional Index Fund Institutional Sh...	75	349.70B	Jul 1990	SSPIX vs VINIX
VFIAX	Vanguard 500 Index Fund Admiral Shares	75	1.70T	Nov 2000	SSPIX vs VFIAX

Top Performing SSPIX Alternatives (YTD)

SSPIX is at 11.52% YTD. There are 21 mutual funds in the S&P 500 category with higher YTD returns, going as high as 16.64%.

Symbol	Name	YTD Return	AUM	Inception
DXSLX	Direxion Monthly S&P 500 Bull 1.75X Fund	16.64%	—	May 2006	SSPIX vs DXSLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	14.22%	—	Jul 1997	SSPIX vs VADDX
USPRX	Victory 500 Index Fund	11.81%	—	May 2002	SSPIX vs USPRX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	11.76%	349.70B	Jul 1997	SSPIX vs VIIIX
FXAIX	Fidelity 500 Index Fund	11.76%	—	Feb 1988	SSPIX vs FXAIX

Lowest Volatility Alternatives to SSPIX

SSPIX has 12.85% 1-year volatility. There are 6 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.34%.

Symbol	Name	Volatility 1Y	AUM	Inception
KNGLX	CBOE Vest S&P 500 Dividend Aristocrats Target Inco...	11.34%	—	Sep 2017	SSPIX vs KNGLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	11.74%	—	Jul 1997	SSPIX vs VADDX
SPFIX	Shelton Capital Management S&P 500 Index Fund	12.80%	—	Apr 1992	SSPIX vs SPFIX
INDEX	CYBER HORNET S&P 500	12.82%	—	Mar 2017	SSPIX vs INDEX
PLSAX	Principal LargeCap S&P 500 Index Fund Class A	12.84%	—	Feb 2001	SSPIX vs PLSAX

Lowest Drawdown Alternatives to SSPIX

SSPIX has a 1-year max drawdown of -8.96%. There are 24 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.88%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VADDX	Invesco Equally-Weighted S&P 500 Fund	-7.88%	—	Jul 1997	SSPIX vs VADDX
SSSYX	State Street Equity 500 Index Fund Class K	-8.88%	—	Sep 2014	SSPIX vs SSSYX
FXAIX	Fidelity 500 Index Fund	-8.89%	—	Feb 1988	SSPIX vs FXAIX
SWPPX	Schwab S&P 500 Index Fund	-8.89%	144.34B	May 1997	SSPIX vs SWPPX
WFSPX	iShares S&P 500 Index Fund Class K	-8.90%	—	Jul 1993	SSPIX vs WFSPX

Other Mutual Funds from BlackRock

The 10 most viewed BlackRock mutual funds shown here include ECAT, BDMIX, LIVIX and span 10 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ECAT	BlackRock ESG Capital Allocation Term Trust	Tactical Allocation, Derivative Income, ESG	30	13.03%	—	Sep 2021	SSPIX vs ECAT
BDMIX	BlackRock Global Equity Market Neutral Fund Class ...	Equity Market Neutral	98	12.78%	—	Dec 2012	SSPIX vs BDMIX
LIVIX	BlackRock LifePath Index 2055 Fund - Institutional...	Target Retirement Date	75	12.53%	—	May 2011	SSPIX vs LIVIX
BDJ	BlackRock Enhanced Equity Dividend Trust	Derivative Income	64	8.53%	—	Aug 2005	SSPIX vs BDJ
BGSAX	BlackRock Technology Opportunities Fund Investor A	Technology Equities	33	26.05%	—	May 2000	SSPIX vs BGSAX
BDMAX	BlackRock Global Equity Market Neutral Fund Invest...	Equity Market Neutral	98	12.58%	—	Dec 2012	SSPIX vs BDMAX
MADVX	BlackRock Equity Dividend Fund Institutional Share...	Large Cap Value Equities	92	17.98%	—	Nov 1988	SSPIX vs MADVX
BSIIX	BlackRock Strategic Income Opportunities Fund Clas...	Total Bond Market	45	1.14%	—	Feb 2008	SSPIX vs BSIIX
BRHYX	BlackRock High Yield K	High Yield Bonds	72	1.50%	—	Jan 2001	SSPIX vs BRHYX
FIDSX	Fidelity Select Financial Services Portfolio	Financials Equities	20	11.15%	—	Dec 1981	SSPIX vs FIDSX

Often Compared With SSPIX

Investors most often compare SSPIX with FCNTX, GRISX, VFAIX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	33	9.08%	176.32B	May 1967	SSPIX vs FCNTX
GRISX	Nationwide S&P 500 Index Fund	S&P 500	71	11.50%	—	Nov 1998	SSPIX vs GRISX
VFAIX	Vanguard Financials Index Fund Admiral Shares	Financials Equities	22	6.28%	13.90B	Feb 2004	SSPIX vs VFAIX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	72	14.27%	2.30T	May 2001	SSPIX vs VTI
VOO	Vanguard S&P 500 ETF	S&P 500	72	13.74%	1.70T	Sep 2010	SSPIX vs VOO
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	76	12.18%	2.30T	Nov 2000	SSPIX vs VTSAX
VT	Vanguard Total World Stock ETF	Global Equities	71	14.42%	97.00B	Jun 2008	SSPIX vs VT
VOOG	Vanguard S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	48	15.05%	26.40B	Sep 2010	SSPIX vs VOOG
VWCE.DE	Vanguard FTSE All-World UCITS ETF	Global Equities	87	15.21%	—	Jul 2019	SSPIX vs VWCE.DE
BSPIX	iShares S&P 500 Index Fund Institutional Class	S&P 500	72	11.70%	—	Apr 1993	SSPIX vs BSPIX
PLFIX	Principal Large Cap S&P 500 Index Fund Institution...	S&P 500	73	11.71%	—	Mar 2001	SSPIX vs PLFIX
SCPIX	DWS S&P 500 Index Fund	S&P 500	70	11.30%	—	Aug 1997	SSPIX vs SCPIX
PSPCX	PIMCO StocksPLUS Fund Class C	S&P 500, Large Cap Blend Equities	19	11.44%	—	Apr 2018	SSPIX vs PSPCX
BSPPX	iShares S&P 500 Index Fund Investor P Shares	S&P 500	69	11.53%	—	Aug 2018	SSPIX vs BSPPX
WFBIX	iShares U.S. Aggregate Bond Index Fund	Intermediate Core Bond	9	-0.79%	—	Jul 1993	SSPIX vs WFBIX
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	S&P 500	73	11.73%	—	Dec 2013	SSPIX vs SPINX
SPIAX	Invesco S&P 500 Index A	S&P 500	69	11.42%	—	Sep 1997	SSPIX vs SPIAX
ASFYX	Virtus AlphaSimplex Managed Futures Strategy Fund ...	Systematic Trend	63	9.56%	—	Jul 2010	SSPIX vs ASFYX
FASGX	Fidelity Asset Manager 70% Fund	Diversified Portfolio, Actively Managed	79	11.53%	—	Dec 1991	SSPIX vs FASGX
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	47	14.18%	—	Jan 2000	SSPIX vs NASDX

Compare SSPIX with Any Fund or Stock

Compare SSPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SSPIX with funds that move differently

SEI Institutional Managed Trust S&P 500 Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SSPIX.

Explore SSPIX Diversifiers

SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) Alternatives