SLGAX vs. VSMPX
SLGAX (SEI Institutional Managed Trust Large Cap Fund) and VSMPX (Vanguard Total Stock Market Index Fund Institutional Plus Shares) are both Large Cap Blend Equities funds. Over the past 10 years, SLGAX returned 12.98%/yr vs 15.05%/yr for VSMPX. With a 0.97 correlation, they move nearly in lockstep. SLGAX charges 0.95%/yr vs 0.02%/yr for VSMPX.
Performance
SLGAX vs. VSMPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLGAX achieves a 8.85% return, which is significantly lower than VSMPX's 11.14% return. Over the past 10 years, SLGAX has underperformed VSMPX with an annualized return of 12.98%, while VSMPX has yielded a comparatively higher 15.05% annualized return.
SLGAX
- 1D
- -0.65%
- 1M
- 3.31%
- YTD
- 8.85%
- 6M
- 9.44%
- 1Y
- 24.38%
- 3Y*
- 19.91%
- 5Y*
- 10.55%
- 10Y*
- 12.98%
VSMPX
- 1D
- -0.76%
- 1M
- 4.07%
- YTD
- 11.14%
- 6M
- 10.87%
- 1Y
- 28.12%
- 3Y*
- 22.06%
- 5Y*
- 12.70%
- 10Y*
- 15.05%
SLGAX vs. VSMPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLGAX SEI Institutional Managed Trust Large Cap Fund | 8.85% | 17.41% | 20.38% | 19.49% | -16.03% | 24.30% | 11.60% | 29.13% | -6.92% | 22.54% |
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares | 11.14% | 17.15% | 23.26% | 26.53% | -19.50% | 25.74% | 21.01% | 30.79% | -5.16% | 21.19% |
Correlation
The correlation between SLGAX and VSMPX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.97 |
The correlation between SLGAX and VSMPX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SLGAX vs. VSMPX — Risk / Return Rank
SLGAX
VSMPX
SLGAX vs. VSMPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Large Cap Fund (SLGAX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX). 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.
| SLGAX | VSMPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.42 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 3.17 | -0.25 |
| Martin ratioReturn relative to average drawdown | 13.23 | 14.62 | -1.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SLGAX | VSMPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.32 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.74 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.82 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.82 | -0.14 |
Drawdowns
SLGAX vs. VSMPX - Drawdown Comparison
The maximum SLGAX drawdown since its inception was -36.80%, which is greater than VSMPX's maximum drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for SLGAX and VSMPX.
Loading charts...
Drawdown Indicators
| SLGAX | VSMPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.80% | -34.97% | -1.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.39% | -8.92% | +0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -28.89% | -19.36% | -9.53% |
Max Drawdown (5Y)Largest decline over 5 years | -28.89% | -25.35% | -3.54% |
Max Drawdown (10Y)Largest decline over 10 years | -36.80% | -34.97% | -1.83% |
Current DrawdownCurrent decline from peak | -0.78% | -0.76% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -4.59% | -0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 1.93% | -0.08% |
Volatility
SLGAX vs. VSMPX - Volatility Comparison
SEI Institutional Managed Trust Large Cap Fund (SLGAX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) have volatilities of 2.95% and 3.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SLGAX | VSMPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 3.05% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.78% | 9.20% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.58% | 12.22% | -0.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.59% | 17.36% | +2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.67% | 18.41% | +1.26% |
SLGAX vs. VSMPX - Expense Ratio Comparison
SLGAX has a 0.95% expense ratio, which is higher than VSMPX's 0.02% expense ratio.
Dividends
SLGAX vs. VSMPX - Dividend Comparison
SLGAX's dividend yield for the trailing twelve months is around 19.25%, more than VSMPX's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLGAX SEI Institutional Managed Trust Large Cap Fund | 19.25% | 20.96% | 18.18% | 6.78% | 10.41% | 14.16% | 3.68% | 7.27% | 16.21% | 7.35% | 0.94% | 20.34% |
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares | 1.02% | 1.13% | 1.27% | 1.43% | 1.67% | 1.22% | 1.43% | 1.78% | 2.05% | 1.73% | 1.95% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, SLGAX and VSMPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VSMPX has higher volatility (3.05%) compared to SLGAX (2.95%). In terms of maximum drawdown, SLGAX dropped -36.80% vs VSMPX's -34.97%.
VSMPX currently has the higher Sharpe Ratio (2.32 vs 2.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SLGAX and VSMPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer