SIMYX vs. FAOAX

Last updated Apr 2, 2026

Compare and contrast key facts about SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX) and Fidelity Advisor Overseas Fund Class A (FAOAX).

SIMYX is managed by BlackRock. It was launched on Oct 16, 2016. FAOAX is managed by Fidelity. It was launched on Sep 3, 1996.

Performance

SIMYX vs. FAOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX) and Fidelity Advisor Overseas Fund Class A (FAOAX). The values are adjusted to include any dividend payments, if applicable.

SIMYX vs. FAOAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SIMYX SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund	5.07%	30.07%	6.26%	13.11%	-11.38%	7.83%	-1.33%	15.77%	-12.11%	21.58%
FAOAX Fidelity Advisor Overseas Fund Class A	0.00%	14.93%	4.63%	20.01%	-24.61%	18.90%	14.71%	27.39%	-15.10%	29.14%

Returns By Period

SIMYX

• 1D: 1.66%
• 1M: -4.28%
• YTD: 5.07%
• 6M: 9.24%
• 1Y: 24.28%
• 3Y*: 15.94%
• 5Y*: 8.85%
• 10Y*: —

FAOAX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: -4.34%
• 1Y: 7.63%
• 3Y*: 9.47%
• 5Y*: 4.62%
• 10Y*: 7.58%

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

SIMYX vs. FAOAX - Expense Ratio Comparison

SIMYX has a 0.86% expense ratio, which is lower than FAOAX's 1.43% expense ratio.

FAOAX

Fidelity Advisor Overseas Fund Class A

SIMYX

SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund

Return for Risk

SIMYX vs. FAOAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SIMYX

SIMYX Risk / Return Rank: 89
SIMYX Sharpe Ratio Rank: 90
SIMYX Sortino Ratio Rank: 89
SIMYX Omega Ratio Rank: 88
SIMYX Calmar Ratio Rank: 91
SIMYX Martin Ratio Rank: 89

FAOAX

FAOAX Risk / Return Rank: 17
FAOAX Sharpe Ratio Rank: 17
FAOAX Sortino Ratio Rank: 17
FAOAX Omega Ratio Rank: 24
FAOAX Calmar Ratio Rank: 12
FAOAX Martin Ratio Rank: 13

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.

SIMYX vs. FAOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX) and Fidelity Advisor Overseas Fund Class A (FAOAX). 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.

	SIMYX	FAOAX	Difference
Sharpe ratio Return per unit of total volatility	1.97	0.59	+1.38
Sortino ratio Return per unit of downside risk	2.57	0.92	+1.65
Omega ratio Gain probability vs. loss probability	1.40	1.16	+0.24
Calmar ratio Return relative to maximum drawdown	2.79	0.51	+2.28
Martin ratio Return relative to average drawdown	10.56	1.81	+8.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIMYX vs. FAOAX - Sharpe Ratio Comparison

The current SIMYX Sharpe Ratio is 1.97, which is higher than the FAOAX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of SIMYX and FAOAX, 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

	SIMYX	FAOAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.97	0.59	+1.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.28	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.30	+0.30

Correlation

The correlation between SIMYX and FAOAX is 0.77, 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.

Dividends

SIMYX vs. FAOAX - Dividend Comparison

SIMYX's dividend yield for the trailing twelve months is around 2.98%, less than FAOAX's 8.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIMYX SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund	2.98%	3.13%	5.26%	3.62%	3.13%	3.41%	1.96%	3.09%	3.01%	2.74%	0.00%	0.00%
FAOAX Fidelity Advisor Overseas Fund Class A	8.54%	8.54%	1.33%	0.74%	0.38%	2.12%	0.00%	1.37%	4.64%	3.64%	1.75%	0.38%

Drawdowns

SIMYX vs. FAOAX - Drawdown Comparison

The maximum SIMYX drawdown since its inception was -32.14%, smaller than the maximum FAOAX drawdown of -60.03%. Use the drawdown chart below to compare losses from any high point for SIMYX and FAOAX.

Drawdown Indicators

	SIMYX	FAOAX	Difference
Max Drawdown Largest peak-to-trough decline	-32.14%	-60.03%	+27.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.55%	-10.94%	+2.39%
Max Drawdown (5Y) Largest decline over 5 years	-25.06%	-36.50%	+11.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.50%	—
Current Drawdown Current decline from peak	-5.81%	-5.87%	+0.06%
Average Drawdown Average peak-to-trough decline	-6.14%	-14.59%	+8.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	3.92%	-1.66%

Volatility

SIMYX vs. FAOAX - Volatility Comparison

SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX) has a higher volatility of 5.00% compared to Fidelity Advisor Overseas Fund Class A (FAOAX) at 0.00%. This indicates that SIMYX's price experiences larger fluctuations and is considered to be riskier than FAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIMYX	FAOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.00%	0.00%	+5.00%
Volatility (6M) Calculated over the trailing 6-month period	7.43%	6.12%	+1.31%
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	15.20%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.33%	16.87%	-5.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.25%	16.73%	-4.48%