SETAX vs. SPHD
Compare and contrast key facts about SEI Institutional Managed Trust Real Estate Fund (SETAX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
SETAX is managed by Blackrock. It was launched on Nov 13, 2003. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SETAX or SPHD.
Correlation
The correlation between SETAX and SPHD is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SETAX vs. SPHD - Performance Comparison
Key characteristics
SETAX:
0.95
SPHD:
2.19
SETAX:
1.35
SPHD:
3.04
SETAX:
1.17
SPHD:
1.40
SETAX:
0.58
SPHD:
2.42
SETAX:
3.12
SPHD:
8.51
SETAX:
4.95%
SPHD:
2.79%
SETAX:
16.32%
SPHD:
10.85%
SETAX:
-76.78%
SPHD:
-41.39%
SETAX:
-11.48%
SPHD:
-4.48%
Returns By Period
The year-to-date returns for both stocks are quite close, with SETAX having a 2.06% return and SPHD slightly lower at 2.03%. Over the past 10 years, SETAX has underperformed SPHD with an annualized return of -0.21%, while SPHD has yielded a comparatively higher 8.31% annualized return.
SETAX
2.06%
2.00%
2.09%
12.72%
1.32%
-0.21%
SPHD
2.03%
1.15%
3.81%
21.11%
6.98%
8.31%
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SETAX vs. SPHD - Expense Ratio Comparison
SETAX has a 1.14% expense ratio, which is higher than SPHD's 0.30% expense ratio.
Risk-Adjusted Performance
SETAX vs. SPHD — Risk-Adjusted Performance Rank
SETAX
SPHD
SETAX vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Real Estate Fund (SETAX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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
SETAX vs. SPHD - Dividend Comparison
SETAX's dividend yield for the trailing twelve months is around 2.50%, less than SPHD's 3.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SETAX SEI Institutional Managed Trust Real Estate Fund | 2.50% | 2.55% | 1.61% | 1.56% | 1.13% | 1.61% | 1.47% | 1.54% | 1.90% | 1.73% | 1.11% | 1.66% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.32% | 3.41% | 4.48% | 3.89% | 3.46% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% |
Drawdowns
SETAX vs. SPHD - Drawdown Comparison
The maximum SETAX drawdown since its inception was -76.78%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for SETAX and SPHD. For additional features, visit the drawdowns tool.
Volatility
SETAX vs. SPHD - Volatility Comparison
SEI Institutional Managed Trust Real Estate Fund (SETAX) has a higher volatility of 4.67% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 3.30%. This indicates that SETAX's price experiences larger fluctuations and is considered to be riskier than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.