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 11 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
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	0.02%	342.00B	Jul 1997	SSPIX vs VIIIX
SWPPX	Schwab S&P 500 Index Fund	0.02%	145.00B	May 1997	SSPIX vs SWPPX
FXAIX	Fidelity 500 Index Fund	0.02%	—	Feb 1988	SSPIX vs FXAIX
WFSPX	iShares S&P 500 Index Fund	0.03%	—	Jul 1993	SSPIX vs WFSPX

Best Risk-Adjusted Alternatives to SSPIX

SSPIX has a PortfoliosLab risk / return rank of 71. There are 17 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 74.

Symbol	Name	Risk / Return Rank	AUM	Inception
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	74	—	Dec 2013	SSPIX vs SPINX
FXAIX	Fidelity 500 Index Fund	73	—	Feb 1988	SSPIX vs FXAIX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	73	342.00B	Jul 1997	SSPIX vs VIIIX
WFSPX	iShares S&P 500 Index Fund	73	—	Jul 1993	SSPIX vs WFSPX
BSPGX	iShares S&P 500 Index Fund Class G	73	—	Jul 2019	SSPIX vs BSPGX

Top Performing SSPIX Alternatives (YTD)

SSPIX is at 11.51% YTD. There are 18 mutual funds in the S&P 500 category with higher YTD returns, going as high as 17.64%.

Symbol	Name	YTD Return	AUM	Inception
DXSLX	Direxion Monthly S&P 500 Bull 1.75X Fund	17.64%	—	May 2006	SSPIX vs DXSLX
USPRX	Victory 500 Index Fund	11.95%	—	May 2002	SSPIX vs USPRX
FXAIX	Fidelity 500 Index Fund	11.71%	—	Feb 1988	SSPIX vs FXAIX
BSPGX	iShares S&P 500 Index Fund Class G	11.70%	—	Jul 2019	SSPIX vs BSPGX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	11.70%	342.00B	Jul 1997	SSPIX vs VIIIX

Lowest Volatility Alternatives to SSPIX

SSPIX has 11.83% 1-year volatility. There are 4 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 8.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
PUTW	WisdomTree Equity Premium Income Fund	8.86%	236.88M	Feb 2016	SSPIX vs PUTW
KNGLX	CBOE Vest S&P 500 Dividend Aristocrats Target Inco...	10.62%	—	Sep 2017	SSPIX vs KNGLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	11.64%	—	Jul 1997	SSPIX vs VADDX
SPFIX	Shelton Capital Management S&P 500 Index Fund	11.81%	—	Apr 1992	SSPIX vs SPFIX
PLSAX	Principal LargeCap S&P 500 Index Fund Class A	11.84%	—	Feb 2001	SSPIX vs PLSAX

Lowest Drawdown Alternatives to SSPIX

SSPIX has a 1-year max drawdown of -8.96%. There are 22 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PUTW	WisdomTree Equity Premium Income Fund	-7.15%	236.88M	Feb 2016	SSPIX vs PUTW
VADDX	Invesco Equally-Weighted S&P 500 Fund	-7.88%	—	Jul 1997	SSPIX vs VADDX
SWPPX	Schwab S&P 500 Index Fund	-8.89%	145.00B	May 1997	SSPIX vs SWPPX
FXAIX	Fidelity 500 Index Fund	-8.89%	—	Feb 1988	SSPIX vs FXAIX
BSPGX	iShares S&P 500 Index Fund Class G	-8.90%	—	Jul 2019	SSPIX vs BSPGX

Other Mutual Funds from BlackRock

The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 9 categories. AUM among these funds goes as high as $29B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	75	21.38%	—	Jan 2000	SSPIX vs NASDX
VFAIX	Vanguard Financials Index Fund Admiral Shares	Financials Equities	4	-5.08%	13.70B	Feb 2004	SSPIX vs VFAIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio	81	6.03%	11.90B	Sep 1994	SSPIX vs VTMFX
VTCLX	Vanguard Tax-Managed Capital Appreciation Fund Adm...	Large Cap Blend Equities	70	11.31%	28.60B	Sep 1994	SSPIX vs VTCLX
ECAT	BlackRock ESG Capital Allocation Term Trust	Derivative Income, ESG	28	11.23%	—	Sep 2021	SSPIX vs ECAT
LIVIX	BlackRock LifePath Index 2055 Fund	Target Retirement Date	69	13.10%	—	May 2011	SSPIX vs LIVIX
BDMIX	BlackRock Global Long/Short Equity Fund Class I	Long-Short	92	12.48%	—	Dec 2012	SSPIX vs BDMIX
FASGX	Fidelity Asset Manager 70% Fund	Diversified Portfolio	77	11.93%	—	Dec 1991	SSPIX vs FASGX
ASFYX	AlphaSimplex Managed Futures Strategy Fund Class Y	Systematic Trend	67	15.25%	—	Jul 2010	SSPIX vs ASFYX
BDJ	BlackRock Enhanced Equity Dividend Fund	Derivative Income	22	0.25%	—	Aug 2005	SSPIX vs BDJ

Often Compared With SSPIX

Investors most often compare SSPIX with FCNTX, GRISX, VOO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	35	7.76%	176.32B	May 1967	SSPIX vs FCNTX
GRISX	Nationwide S&P 500 Index Fund	S&P 500	71	11.55%	—	Nov 1998	SSPIX vs GRISX
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	SSPIX vs VOO
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	68	11.20%	2.20T	May 2001	SSPIX vs VTI
VT	Vanguard Total World Stock ETF	Global Equities	67	12.24%	90.20B	Jun 2008	SSPIX vs VT
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	71	11.98%	2.20T	Nov 2000	SSPIX vs VTSAX
VOOG	Vanguard S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	58	13.78%	24.20B	Sep 2010	SSPIX vs VOOG
VWCE.DE	Vanguard FTSE All-World UCITS ETF	Global Equities	74	12.87%	—	Jul 2019	SSPIX vs VWCE.DE
BSPIX	iShares S&P 500 Index Fund Institutional Class	S&P 500	73	11.65%	—	Apr 1993	SSPIX vs BSPIX
PLFIX	Principal Large Cap S&P 500 Index Fund Institution...	S&P 500	73	11.68%	—	Mar 2001	SSPIX vs PLFIX
SCPIX	DWS S&P 500 Index Fund	S&P 500	73	11.60%	—	Aug 1997	SSPIX vs SCPIX
SPIAX	Invesco S&P 500 Index A	S&P 500	71	11.48%	—	Sep 1997	SSPIX vs SPIAX
WFBIX	iShares U.S. Aggregate Bond Index Fund	Intermediate Core Bond	22	0.43%	—	Jul 1993	SSPIX vs WFBIX
DSPIX	BNY Mellon Institutional S&P 500 Stock Index Fund	S&P 500	73	11.63%	—	Sep 1993	SSPIX vs DSPIX
ACWI	iShares MSCI ACWI ETF	Global Equities	66	12.13%	32.93B	Mar 2008	SSPIX vs ACWI
BIZD	VanEck BDC Income ETF	Financials Equities	3	-8.99%	1.57B	Feb 2013	SSPIX vs BIZD
SPIDX	Invesco S&P 500 Index Fund	S&P 500	72	11.58%	—	Sep 1997	SSPIX vs SPIDX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	16	3.81%	—	Nov 2005	SSPIX vs SPXX
BSPPX	iShares S&P 500 Index Fund Investor P Shares	S&P 500	71	11.54%	—	Aug 2018	SSPIX vs BSPPX
BXMX	Nuveen S&P 500 Buy-Write Income Fund	S&P 500, Derivative Income	—	—	—	Nov 2004	SSPIX vs BXMX

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