SHYAX vs. NASDX
Compare and contrast key facts about SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX).
SHYAX is managed by BlackRock. It was launched on Jan 11, 1995. NASDX is a passively managed fund by BlackRock that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 18, 2000.
Performance
SHYAX vs. NASDX - Performance Comparison
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SHYAX vs. NASDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHYAX SEI Institutional Managed Trust High Yield Bond Fund | -1.84% | 7.59% | 7.60% | 10.70% | -13.31% | 9.07% | 5.36% | 13.32% | -2.55% | 7.67% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | -9.12% | 21.00% | 36.91% | 54.69% | -32.57% | 27.32% | 48.59% | 38.22% | -1.21% | 31.27% |
Returns By Period
In the year-to-date period, SHYAX achieves a -1.84% return, which is significantly higher than NASDX's -9.12% return. Over the past 10 years, SHYAX has underperformed NASDX with an annualized return of 5.54%, while NASDX has yielded a comparatively higher 19.08% annualized return.
SHYAX
- 1D
- 0.19%
- 1M
- -2.47%
- YTD
- -1.84%
- 6M
- -0.82%
- 1Y
- 4.87%
- 3Y*
- 6.85%
- 5Y*
- 2.92%
- 10Y*
- 5.54%
NASDX
- 1D
- -0.79%
- 1M
- -8.02%
- YTD
- -9.12%
- 6M
- -6.79%
- 1Y
- 19.59%
- 3Y*
- 24.51%
- 5Y*
- 14.42%
- 10Y*
- 19.08%
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SHYAX vs. NASDX - Expense Ratio Comparison
SHYAX has a 0.89% expense ratio, which is higher than NASDX's 0.63% expense ratio.
Return for Risk
SHYAX vs. NASDX — Risk / Return Rank
SHYAX
NASDX
SHYAX vs. NASDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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.
| SHYAX | NASDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.88 | +0.42 |
Sortino ratioReturn per unit of downside risk | 1.85 | 1.40 | +0.45 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.20 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.31 | +0.18 |
Martin ratioReturn relative to average drawdown | 5.70 | 5.01 | +0.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHYAX | NASDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.88 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.63 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | 0.85 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 0.29 | +0.95 |
Correlation
The correlation between SHYAX and NASDX is 0.27, 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
SHYAX vs. NASDX - Dividend Comparison
SHYAX's dividend yield for the trailing twelve months is around 8.10%, more than NASDX's 3.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYAX SEI Institutional Managed Trust High Yield Bond Fund | 8.10% | 8.69% | 7.48% | 10.58% | 12.96% | 5.19% | 7.50% | 6.05% | 7.51% | 6.90% | 7.06% | 7.34% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 3.93% | 3.76% | 16.95% | 7.61% | 3.75% | 2.59% | 1.28% | 7.09% | 2.47% | 1.65% | 0.75% | 0.85% |
Drawdowns
SHYAX vs. NASDX - Drawdown Comparison
The maximum SHYAX drawdown since its inception was -38.15%, smaller than the maximum NASDX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for SHYAX and NASDX.
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Drawdown Indicators
| SHYAX | NASDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.15% | -83.16% | +45.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.20% | -12.70% | +9.50% |
Max Drawdown (5Y)Largest decline over 5 years | -15.68% | -35.33% | +19.65% |
Max Drawdown (10Y)Largest decline over 10 years | -22.12% | -35.33% | +13.21% |
Current DrawdownCurrent decline from peak | -2.65% | -11.90% | +9.25% |
Average DrawdownAverage peak-to-trough decline | -3.05% | -34.59% | +31.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 3.32% | -2.48% |
Volatility
SHYAX vs. NASDX - Volatility Comparison
The current volatility for SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) is 1.35%, while Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a volatility of 5.38%. This indicates that SHYAX experiences smaller price fluctuations and is considered to be less risky than NASDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHYAX | NASDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 5.38% | -4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.48% | 12.45% | -9.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.84% | 22.55% | -18.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.74% | 23.03% | -18.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.34% | 22.61% | -17.27% |