SHYAX vs. VOO
Compare and contrast key facts about SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) and Vanguard S&P 500 ETF (VOO).
SHYAX is managed by Blackrock. It was launched on Jan 11, 1995. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHYAX or VOO.
Correlation
The correlation between SHYAX and VOO is 0.38, 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
SHYAX vs. VOO - Performance Comparison
Key characteristics
SHYAX:
2.87
VOO:
1.76
SHYAX:
4.92
VOO:
2.37
SHYAX:
1.70
VOO:
1.32
SHYAX:
1.10
VOO:
2.66
SHYAX:
18.51
VOO:
11.10
SHYAX:
0.58%
VOO:
2.02%
SHYAX:
3.75%
VOO:
12.79%
SHYAX:
-39.68%
VOO:
-33.99%
SHYAX:
-0.18%
VOO:
-2.11%
Returns By Period
In the year-to-date period, SHYAX achieves a 1.31% return, which is significantly lower than VOO's 2.40% return. Over the past 10 years, SHYAX has underperformed VOO with an annualized return of 3.28%, while VOO has yielded a comparatively higher 13.03% annualized return.
SHYAX
1.31%
0.56%
4.79%
10.33%
2.33%
3.28%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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SHYAX vs. VOO - Expense Ratio Comparison
SHYAX has a 0.89% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SHYAX vs. VOO — Risk-Adjusted Performance Rank
SHYAX
VOO
SHYAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) and Vanguard S&P 500 ETF (VOO). 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
SHYAX vs. VOO - Dividend Comparison
SHYAX's dividend yield for the trailing twelve months is around 8.81%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYAX SEI Institutional Managed Trust High Yield Bond Fund | 8.81% | 8.98% | 9.79% | 7.93% | 5.24% | 5.63% | 5.51% | 5.81% | 5.61% | 5.91% | 6.34% | 5.67% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SHYAX vs. VOO - Drawdown Comparison
The maximum SHYAX drawdown since its inception was -39.68%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SHYAX and VOO. For additional features, visit the drawdowns tool.
Volatility
SHYAX vs. VOO - Volatility Comparison
The current volatility for SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) is 0.94%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. This indicates that SHYAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.