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.
Key characteristics
| ALIBX | SMTH | |
|---|---|---|
| YTD Return | 17.85% | 2.78% |
| Daily Std Dev | 7.84% | 5.05% |
| Max Drawdown | -20.28% | -3.02% |
| Current Drawdown | -0.44% | -2.87% |
Correlation
The correlation between ALIBX and SMTH is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALIBX vs. SMTH - Performance Comparison
In the year-to-date period, ALIBX achieves a 17.85% return, which is significantly higher than SMTH's 2.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Not enough dataDividends
ALIBX vs. SMTH - Dividend Comparison
ALIBX's dividend yield for the trailing twelve months is around 1.51%, less than SMTH's 3.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
ALIBX ALPS/Smith Balanced Opportunity Fund | 1.51% | 1.66% | 1.22% | 0.42% | 0.12% |
SMTH ALPS Smith Core Plus Bond ETF | 3.91% | 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 -3.02%. 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 2.39% compared to ALPS Smith Core Plus Bond ETF (SMTH) at 1.41%. 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.