SEI Institutional Managed Trust Tax-Managed Managed Volatility Fund (TMMAX) belongs to the Large Cap Value Equities 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 242 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | TMMAX vs FBLEX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | TMMAX vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | TMMAX vs FLCOX | |
| Vanguard Value Index Fund Institutional Shares | 0.04% | — | Jul 1998 | TMMAX vs VIVIX | |
| Vanguard Value Index Fund Admiral Shares | 0.05% | 245.00B | Nov 2000 | TMMAX vs VVIAX |
Best Risk-Adjusted Alternatives to TMMAX
TMMAX has a PortfoliosLab risk / return rank of 18. There are 286 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 95 | — | Oct 1993 | TMMAX vs FGIPX | |
| Delaware Growth and Income Fund | 95 | — | Oct 1993 | TMMAX vs FGINX | |
| SA U.S. Value Fund | 95 | — | Aug 1999 | TMMAX vs SABTX | |
| BlackRock Advantage Large Cap Value Fund | 95 | — | Dec 1999 | TMMAX vs MALVX | |
| Al Frank Fund | 95 | — | May 2006 | TMMAX vs VALAX |
Top Performing TMMAX Alternatives (YTD)
TMMAX is at 3.01% YTD. There are 299 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 23.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Al Frank Fund | 23.37% | — | May 2006 | TMMAX vs VALAX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 21.93% | — | Jun 2022 | TMMAX vs AVLVX | |
| PIMCO RAE US Fund | 21.19% | — | Jun 2015 | TMMAX vs PKAIX | |
| Calvert US Large-Cap Value Responsible Index Fund | 20.00% | — | Jun 2015 | TMMAX vs CFJIX | |
| Eaton Vance Tax Managed Value Fund | 19.96% | — | Dec 1999 | TMMAX vs EATVX |
Lowest Volatility Alternatives to TMMAX
TMMAX has 8.41% 1-year volatility. There are 3 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 3.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | 3.65% | — | Feb 2021 | TMMAX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.38% | — | Dec 1973 | TMMAX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.81% | — | Feb 1996 | TMMAX vs FALGX | |
| American Century Equity Income Fund Class I | 8.50% | — | Jul 1998 | TMMAX vs ACIIX | |
| American Century Equity Income Fund | 8.50% | 6.45B | Aug 1994 | TMMAX vs TWEIX |
Lowest Drawdown Alternatives to TMMAX
TMMAX has a 1-year max drawdown of -5.78%. There are 25 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | TMMAX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | TMMAX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | TMMAX vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | TMMAX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | TMMAX vs SVAIX |
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 | 30 | 11.55% | — | Sep 2021 | TMMAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 52 | 8.19% | — | Jul 1993 | TMMAX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 94 | 12.07% | — | Dec 2012 | TMMAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 53 | 10.22% | — | May 2011 | TMMAX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 62 | 10.04% | — | Dec 1991 | TMMAX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 27 | 2.35% | — | Aug 2005 | TMMAX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 54 | 9.82% | — | Jul 2010 | TMMAX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 35.11% | — | Apr 2000 | TMMAX vs BGSAX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 61 | 11.83% | — | Sep 1999 | TMMAX vs FAMRX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 67 | 6.38% | — | Oct 2007 | TMMAX vs FFANX |
Often Compared With TMMAX
Investors most often compare TMMAX with SPY, HDCTX, HFLGX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare TMMAX with Any Fund or Stock
Compare TMMAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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