SHYAX vs. WFSPX
Compare and contrast key facts about SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) and iShares S&P 500 Index Fund (WFSPX).
SHYAX is managed by BlackRock. It was launched on Jan 11, 1995. WFSPX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Jul 30, 1993.
Performance
SHYAX vs. WFSPX - Performance Comparison
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SHYAX vs. WFSPX - 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% |
WFSPX iShares S&P 500 Index Fund | -7.06% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Returns By Period
In the year-to-date period, SHYAX achieves a -1.84% return, which is significantly higher than WFSPX's -7.06% return. Over the past 10 years, SHYAX has underperformed WFSPX with an annualized return of 5.54%, while WFSPX has yielded a comparatively higher 13.63% 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%
WFSPX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.06%
- 6M
- -4.63%
- 1Y
- 14.40%
- 3Y*
- 17.13%
- 5Y*
- 11.37%
- 10Y*
- 13.63%
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SHYAX vs. WFSPX - Expense Ratio Comparison
SHYAX has a 0.89% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Return for Risk
SHYAX vs. WFSPX — Risk / Return Rank
SHYAX
WFSPX
SHYAX vs. WFSPX - 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 iShares S&P 500 Index Fund (WFSPX). 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 | WFSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.84 | +0.47 |
Sortino ratioReturn per unit of downside risk | 1.85 | 1.30 | +0.55 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.20 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.06 | +0.44 |
Martin ratioReturn relative to average drawdown | 5.70 | 5.13 | +0.57 |
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 | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.84 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.68 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | 0.76 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 0.13 | +1.11 |
Correlation
The correlation between SHYAX and WFSPX 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
SHYAX vs. WFSPX - Dividend Comparison
SHYAX's dividend yield for the trailing twelve months is around 8.10%, more than WFSPX's 1.58% 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% |
WFSPX iShares S&P 500 Index Fund | 1.58% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Drawdowns
SHYAX vs. WFSPX - Drawdown Comparison
The maximum SHYAX drawdown since its inception was -38.15%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for SHYAX and WFSPX.
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Drawdown Indicators
| SHYAX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.15% | -58.21% | +20.06% |
Max Drawdown (1Y)Largest decline over 1 year | -3.20% | -12.11% | +8.91% |
Max Drawdown (5Y)Largest decline over 5 years | -15.68% | -24.51% | +8.83% |
Max Drawdown (10Y)Largest decline over 10 years | -22.12% | -33.74% | +11.62% |
Current DrawdownCurrent decline from peak | -2.65% | -8.90% | +6.25% |
Average DrawdownAverage peak-to-trough decline | -3.05% | -12.84% | +9.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 2.49% | -1.65% |
Volatility
SHYAX vs. WFSPX - Volatility Comparison
The current volatility for SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) is 1.35%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 4.24%. This indicates that SHYAX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHYAX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 4.24% | -2.89% |
Volatility (6M)Calculated over the trailing 6-month period | 2.48% | 9.08% | -6.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.84% | 18.06% | -14.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.74% | 16.84% | -12.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.34% | 17.98% | -12.64% |