TMMAX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to TMMAX

TMMAX charges 1.00% annually. There are 16 mutual funds in the Low Volatility category with lower expense ratios, going as low as 0.11%.

Symbol	Name	Expense Ratio	AUM	Inception
FSUVX	Fidelity SAI U.S. Low Volatility Index Fund	0.11%	—	May 2015	TMMAX vs FSUVX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	0.14%	2.00B	Dec 2013	TMMAX vs VMNVX
FSKLX	Fidelity SAI International Low Volatility Index Fu...	0.17%	—	May 2015	TMMAX vs FSKLX
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	0.21%	2.00B	Dec 2013	TMMAX vs VMVFX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	0.23%	—	Jan 2019	TMMAX vs FGKPX

Best Risk-Adjusted Alternatives to TMMAX

TMMAX has a PortfoliosLab risk / return rank of 58. There are 13 mutual funds in the Low Volatility category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAFX	LSV Global Managed Volatility Fund	97	—	Jun 2014	TMMAX vs LVAFX
LVAMX	LSV U.S. Managed Volatility Fund	94	—	Jun 2014	TMMAX vs LVAMX
SGMAX	SEI Institutional Investments Trust Global Managed...	93	—	Jan 2016	TMMAX vs SGMAX
IFTIX	Voya International High Dividend Low Volatility Po...	88	—	Jan 2006	TMMAX vs IFTIX
IGHAX	Voya Global High Dividend Low Volatility Portfolio	85	—	Jan 2008	TMMAX vs IGHAX

Top Performing TMMAX Alternatives (YTD)

TMMAX is at 8.47% YTD. There are 15 mutual funds in the Low Volatility category with higher YTD returns, going as high as 17.07%.

Symbol	Name	YTD Return	AUM	Inception
LVAFX	LSV Global Managed Volatility Fund	17.07%	—	Jun 2014	TMMAX vs LVAFX
LVAMX	LSV U.S. Managed Volatility Fund	15.50%	—	Jun 2014	TMMAX vs LVAMX
IFTIX	Voya International High Dividend Low Volatility Po...	14.35%	—	Jan 2006	TMMAX vs IFTIX
UGOFX	USAA Global Managed Volatility Fund	13.74%	—	Jul 2008	TMMAX vs UGOFX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	12.75%	—	Jan 2019	TMMAX vs FGKPX

Lowest Volatility Alternatives to TMMAX

TMMAX has 8.93% 1-year volatility. There are 7 mutual funds in the Low Volatility category with lower 1-year volatility, going as low as 6.97%.

Symbol	Name	Volatility 1Y	AUM	Inception
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.97%	2.00B	Dec 2013	TMMAX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	6.99%	2.00B	Dec 2013	TMMAX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.41%	—	Jul 2006	TMMAX vs SVTAX
SGMAX	SEI Institutional Investments Trust Global Managed...	7.53%	—	Jan 2016	TMMAX vs SGMAX
MVGIX	MFS Low Volatility Global Equity Fund	8.33%	—	Dec 2013	TMMAX vs MVGIX

Lowest Drawdown Alternatives to TMMAX

TMMAX has a 1-year max drawdown of -5.78%. There are 4 mutual funds in the Low Volatility category with shallower 1-year drawdowns, going as shallow as -5.09%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SVYAX	SEI Institutional Investments Trust U.S. Managed V...	-5.09%	—	Dec 2008	TMMAX vs SVYAX
LVAMX	LSV U.S. Managed Volatility Fund	-5.13%	—	Jun 2014	TMMAX vs LVAMX
SVOAX	SEI Institutional Managed Trust U.S. Managed Volat...	-5.39%	—	Oct 2004	TMMAX vs SVOAX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	TMMAX vs LVAFX
SGMAX	SEI Institutional Investments Trust Global Managed...	-5.88%	—	Jan 2016	TMMAX vs SGMAX

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
ECAT	BlackRock ESG Capital Allocation Term Trust	Tactical Allocation, Derivative Income, ESG	29	11.70%	—	Sep 2021	TMMAX vs ECAT
WFSPX	iShares S&P 500 Index Fund Class K	S&P 500	59	10.11%	—	Jul 1993	TMMAX vs WFSPX
BDMIX	BlackRock Global Equity Market Neutral Fund Class ...	Equity Market Neutral	98	12.92%	—	Dec 2012	TMMAX vs BDMIX
LIVIX	BlackRock LifePath Index 2055 Fund - Institutional...	Target Retirement Date	67	11.31%	—	May 2011	TMMAX vs LIVIX
BDJ	BlackRock Enhanced Equity Dividend Trust	Derivative Income	66	8.31%	—	Aug 2005	TMMAX vs BDJ
BGSAX	BlackRock Technology Opportunities Fund Investor A	Technology Equities	28	23.72%	—	May 2000	TMMAX vs BGSAX
BDMAX	BlackRock Global Equity Market Neutral Fund Invest...	Equity Market Neutral	97	12.73%	—	Dec 2012	TMMAX vs BDMAX
MADVX	BlackRock Equity Dividend Fund	Large Cap Value Equities	88	16.37%	—	Nov 1988	TMMAX vs MADVX
BSIIX	BlackRock Strategic Income Opportunities Fund Clas...	Total Bond Market	52	0.93%	—	Feb 2008	TMMAX vs BSIIX
BRHYX	BlackRock High Yield K	High Yield Bonds	63	1.22%	—	Jan 2001	TMMAX vs BRHYX

Often Compared With TMMAX

Investors most often compare TMMAX with HDCTX, HFLGX, RIDAX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HDCTX	Rational Equity Armor Fund	Large Cap Value Equities	40	7.27%	—	Feb 2001	TMMAX vs HDCTX
HFLGX	Hennessy Cornerstone Large Cap Growth Fund	Large Cap Value Equities	63	14.84%	—	Mar 2009	TMMAX vs HFLGX
RIDAX	The Income Fund of America Class R-1	Large Cap Value Equities	76	7.84%	—	Dec 1973	TMMAX vs RIDAX
OAZMX	Oakmark Fund R6 Class	Large Cap Value Equities	36	6.30%	—	Dec 2020	TMMAX vs OAZMX
ACTIX	Advisors Capital Tactical Fixed Income Fund	Large Cap Value Equities	10	-0.94%	—	Feb 2021	TMMAX vs ACTIX
TWEIX	American Century Equity Income Fund	Dividend, Large Cap Value Equities	84	13.18%	6.45B	Aug 1994	TMMAX vs TWEIX
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	TMMAX vs SPY
FLCOX	Fidelity Large Cap Value Index Fund	Large Cap Value Equities	95	20.58%	13.00B	Jun 2016	TMMAX vs FLCOX
AUXFX	Auxier Focus Fund	Large Cap Value Equities	90	11.78%	—	Jul 1999	TMMAX vs AUXFX
ACIIX	American Century Equity Income Fund Class I	Dividend, Large Cap Value Equities	85	13.38%	—	Jul 1998	TMMAX vs ACIIX
FEKFX	Fidelity Equity-Income K6 Fund	Large Cap Value Equities	91	13.37%	—	Jun 2019	TMMAX vs FEKFX
GAB	The Gabelli Equity Trust Inc	Large Cap Value Equities	13	-1.89%	—	Aug 1986	TMMAX vs GAB
DODGX	Dodge & Cox Stock Fund Class I	Large Cap Value Equities	60	9.94%	—	Jan 1965	TMMAX vs DODGX
DDVCX	Nomura Value Fund Class C	Large Cap Value Equities	42	8.95%	—	Apr 2002	TMMAX vs DDVCX
PEYAX	Putnam Large Cap Value Fund	Large Cap Value Equities	92	14.93%	—	Jun 1977	TMMAX vs PEYAX
NEIMX	Neiman Large Cap Value Fund	Large Cap Value Equities	96	19.26%	—	Apr 2003	TMMAX vs NEIMX
VVIAX	Vanguard Value Index Fund Admiral Shares	Large Cap Value Equities	94	16.32%	254.20B	Nov 2000	TMMAX vs VVIAX
VWNEX	Vanguard Windsor Fund Admiral Shares	Large Cap Value Equities	83	12.69%	24.50B	Nov 2001	TMMAX vs VWNEX
AFMFX	American Funds American Mutual Fund Class F-3	Large Cap Value Equities	63	9.91%	—	Feb 1950	TMMAX vs AFMFX
TGDVX	TCW Relative Value Large Cap Fund	Large Cap Value Equities	88	13.73%	—	Dec 1997	TMMAX vs TGDVX

Compare TMMAX with Any Fund or Stock

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

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Diversifiers

Pair TMMAX with funds that move differently

SEI Institutional Managed Trust Tax-Managed Managed Volatility Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TMMAX.

Explore TMMAX Diversifiers

SEI Institutional Managed Trust Tax-Managed Managed Volatility Fund (TMMAX) Alternatives