ALIBX vs. SMTH
Compare and contrast key facts about ALPS/Smith Balanced Opportunity Fund (ALIBX) and ALPS Smith Core Plus Bond ETF (SMTH).
ALIBX is managed by ALPS. It was launched on Sep 14, 2020. SMTH is an actively managed fund by ALPS. It was launched on Dec 5, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALIBX or SMTH.
Correlation
The correlation between ALIBX and SMTH is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALIBX vs. SMTH - Performance Comparison
Key characteristics
ALIBX:
0.57
SMTH:
0.58
ALIBX:
0.72
SMTH:
0.89
ALIBX:
1.15
SMTH:
1.10
ALIBX:
0.56
SMTH:
0.84
ALIBX:
3.08
SMTH:
1.92
ALIBX:
2.17%
SMTH:
1.48%
ALIBX:
11.68%
SMTH:
4.90%
ALIBX:
-20.28%
SMTH:
-3.39%
ALIBX:
-11.95%
SMTH:
-3.39%
Returns By Period
In the year-to-date period, ALIBX achieves a 5.80% return, which is significantly higher than SMTH's 2.23% return.
ALIBX
5.80%
-9.59%
-3.36%
6.68%
N/A
N/A
SMTH
2.23%
-0.81%
1.49%
2.48%
N/A
N/A
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ALIBX vs. SMTH - Expense Ratio Comparison
ALIBX has a 1.12% expense ratio, which is higher than SMTH's 0.59% expense ratio.
Risk-Adjusted Performance
ALIBX vs. SMTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS/Smith Balanced Opportunity Fund (ALIBX) and ALPS Smith Core Plus Bond ETF (SMTH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ALIBX vs. SMTH - Dividend Comparison
ALIBX's dividend yield for the trailing twelve months is around 1.75%, less than SMTH's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
ALIBX ALPS/Smith Balanced Opportunity Fund | 1.75% | 1.66% | 1.22% | 0.42% | 0.12% |
SMTH ALPS Smith Core Plus Bond ETF | 4.06% | 0.24% | 0.00% | 0.00% | 0.00% |
Drawdowns
ALIBX vs. SMTH - Drawdown Comparison
The maximum ALIBX drawdown since its inception was -20.28%, which is greater than SMTH's maximum drawdown of -3.39%. Use the drawdown chart below to compare losses from any high point for ALIBX and SMTH. For additional features, visit the drawdowns tool.
Volatility
ALIBX vs. SMTH - Volatility Comparison
ALPS/Smith Balanced Opportunity Fund (ALIBX) has a higher volatility of 9.14% compared to ALPS Smith Core Plus Bond ETF (SMTH) at 1.46%. This indicates that ALIBX's price experiences larger fluctuations and is considered to be riskier than SMTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.