ALIBX vs. SMTRX

Last updated Apr 2, 2026

Compare and contrast key facts about ALPS/Smith Balanced Opportunity Fund (ALIBX) and ALPS/Smith Total Return Bond Fund (SMTRX).

ALIBX is managed by ALPS. It was launched on Sep 14, 2020. SMTRX is managed by ALPS. It was launched on Jun 29, 2018.

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.

ALIBX vs. SMTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ALIBX ALPS/Smith Balanced Opportunity Fund	-0.59%	12.89%	14.89%	16.01%	-16.24%	15.50%	8.25%
SMTRX ALPS/Smith Total Return Bond Fund	-0.26%	6.80%	2.19%	5.94%	-13.49%	-1.33%	1.75%

Returns By Period

In the year-to-date period, ALIBX achieves a -0.59% return, which is significantly lower than SMTRX's -0.26% return.

ALIBX

• 1D: 1.95%
• 1M: -4.43%
• YTD: -0.59%
• 6M: 2.62%
• 1Y: 13.86%
• 3Y*: 12.37%
• 5Y*: 6.34%
• 10Y*: —

SMTRX

• 1D: 0.31%
• 1M: -1.50%
• YTD: -0.26%
• 6M: 0.26%
• 1Y: 3.51%
• 3Y*: 3.93%
• 5Y*: 0.17%
• 10Y*: —

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

ALIBX vs. SMTRX - Expense Ratio Comparison

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

ALIBX

ALPS/Smith Balanced Opportunity Fund

SMTRX

ALPS/Smith Total Return Bond Fund

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: 63
ALIBX Sharpe Ratio Rank: 64
ALIBX Sortino Ratio Rank: 65
ALIBX Omega Ratio Rank: 60
ALIBX Calmar Ratio Rank: 64
ALIBX Martin Ratio Rank: 65

SMTRX

SMTRX Risk / Return Rank: 36
SMTRX Sharpe Ratio Rank: 37
SMTRX Sortino Ratio Rank: 33
SMTRX Omega Ratio Rank: 26
SMTRX Calmar Ratio Rank: 49
SMTRX Martin Ratio Rank: 34

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.

	ALIBX	SMTRX	Difference
Sharpe ratio Return per unit of total volatility	1.25	0.91	+0.34
Sortino ratio Return per unit of downside risk	1.81	1.29	+0.52
Omega ratio Gain probability vs. loss probability	1.26	1.16	+0.09
Calmar ratio Return relative to maximum drawdown	1.72	1.46	+0.26
Martin ratio Return relative to average drawdown	7.10	4.38	+2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALIBX vs. SMTRX - Sharpe Ratio Comparison

The current ALIBX Sharpe Ratio is 1.25, which is higher than the SMTRX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of ALIBX and SMTRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ALIBX	SMTRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	0.91	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.03	+0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.39	+0.39

Correlation

The correlation between ALIBX and SMTRX is 0.29, 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.

Dividends

ALIBX vs. SMTRX - Dividend Comparison

ALIBX's dividend yield for the trailing twelve months is around 9.24%, more than SMTRX's 4.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
ALIBX ALPS/Smith Balanced Opportunity Fund	9.24%	9.14%	10.61%	1.37%	1.08%	0.56%	0.12%	0.00%
SMTRX ALPS/Smith Total Return Bond Fund	4.21%	4.16%	4.27%	3.82%	1.51%	1.23%	3.31%	1.77%

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 -18.11%. 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%	-18.11%	-2.27%
Max Drawdown (1Y) Largest decline over 1 year	-7.88%	-2.77%	-5.11%
Max Drawdown (5Y) Largest decline over 5 years	-20.38%	-18.11%	-2.27%
Current Drawdown Current decline from peak	-5.32%	-1.90%	-3.42%
Average Drawdown Average peak-to-trough decline	-4.87%	-5.14%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	0.92%	+0.99%

Volatility

ALIBX vs. SMTRX - Volatility Comparison

ALPS/Smith Balanced Opportunity Fund (ALIBX) has a higher volatility of 4.08% compared to ALPS/Smith Total Return Bond Fund (SMTRX) at 1.61%. This indicates that ALIBX's price experiences larger fluctuations and is considered to be riskier than SMTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALIBX	SMTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	1.61%	+2.47%
Volatility (6M) Calculated over the trailing 6-month period	6.93%	2.46%	+4.47%
Volatility (1Y) Calculated over the trailing 1-year period	11.57%	4.12%	+7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.13%	5.34%	+5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.04%	4.83%	+6.21%