ALIBX vs. SMTRX

Last updated Jun 24, 2026

ALIBX (ALPS/Smith Balanced Opportunity Fund) and SMTRX (ALPS/Smith Total Return Bond Fund) are both mutual funds - ALIBX is a Diversified Portfolio fund managed by ALPS, while SMTRX is a Intermediate Core-Plus Bond fund managed by ALPS. A 0.76 correlation means they provide meaningful diversification when combined. ALIBX charges 1.12%/yr vs 0.99%/yr for SMTRX.

Performance

ALIBX vs. SMTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS/Smith Balanced Opportunity Fund (ALIBX) and ALPS/Smith Total Return Bond Fund (SMTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ALIBX

• 1D: -0.07%
• 1M: 1.56%
• YTD: 8.39%
• 6M: 7.85%
• 1Y: 21.08%
• 3Y*: 14.61%
• 5Y*: 7.64%
• 10Y*: —

SMTRX

• 1D: -0.31%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALIBX vs. SMTRX - Yearly Performance Comparison

	2026 (YTD)
ALIBX ALPS/Smith Balanced Opportunity Fund	0.95%
SMTRX ALPS/Smith Total Return Bond Fund	0.00%

Correlation

The correlation between ALIBX and SMTRX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.76

Return for Risk

ALIBX vs. SMTRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALIBX

ALIBX Risk / Return Rank: 75
ALIBX Sharpe Ratio Rank: 77
ALIBX Sortino Ratio Rank: 76
ALIBX Omega Ratio Rank: 72
ALIBX Calmar Ratio Rank: 70
ALIBX Martin Ratio Rank: 80

SMTRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALIBX vs. SMTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/Smith Balanced Opportunity Fund (ALIBX) and ALPS/Smith Total Return Bond Fund (SMTRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ALIBX	SMTRX	Difference
Sharpe ratio: Return per unit of total volatility	2.36	—	—
Sortino ratio: Return per unit of downside risk	3.35	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.08	—	—
Martin ratio: Return relative to average drawdown	13.91	—	—

Drawdowns

ALIBX vs. SMTRX - Drawdown Comparison

The maximum ALIBX drawdown since its inception was -20.38%, which is greater than SMTRX's maximum drawdown of -0.62%. Use the drawdown chart below to compare losses from any high point for ALIBX and SMTRX.

Drawdown Indicators

	ALIBX	SMTRX	Difference
Max Drawdown Largest peak-to-trough decline	-20.38%	-0.62%	-19.76%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.38%	—	—
Current Drawdown Current decline from peak	-0.44%	-0.31%	-0.13%
Average Drawdown Average peak-to-trough decline	-4.72%	-0.18%	-4.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.57%	—	—

Volatility

Volatility by Period

	ALIBX	SMTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.32%	3.64%	+5.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.24%	3.64%	+7.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.03%	3.64%	+7.39%

ALIBX vs. SMTRX - Expense Ratio Comparison

ALIBX has a 1.12% expense ratio, which is higher than SMTRX's 0.99% expense ratio.

Dividends

ALIBX vs. SMTRX - Dividend Comparison

ALIBX's dividend yield for the trailing twelve months is around 8.40%, more than SMTRX's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ALIBX ALPS/Smith Balanced Opportunity Fund	8.40%	9.14%	10.61%	1.37%	1.08%	0.56%	0.12%
SMTRX ALPS/Smith Total Return Bond Fund	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ALIBX and SMTRX in my portfolio?

ALIBX and SMTRX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.