SMSAX vs. VOO
Compare and contrast key facts about SEI Institutional Managed Trust Multi-Strategy Alternative Fund (SMSAX) and Vanguard S&P 500 ETF (VOO).
SMSAX is managed by SEI. It was launched on Mar 30, 2010. 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: SMSAX or VOO.
Correlation
The correlation between SMSAX and VOO is 0.71, 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.
Performance
SMSAX vs. VOO - Performance Comparison
Key characteristics
SMSAX:
1.82
VOO:
1.76
SMSAX:
2.58
VOO:
2.37
SMSAX:
1.34
VOO:
1.32
SMSAX:
1.19
VOO:
2.66
SMSAX:
10.71
VOO:
11.10
SMSAX:
0.69%
VOO:
2.02%
SMSAX:
4.10%
VOO:
12.79%
SMSAX:
-15.07%
VOO:
-33.99%
SMSAX:
-0.94%
VOO:
-2.11%
Returns By Period
In the year-to-date period, SMSAX achieves a 0.63% return, which is significantly lower than VOO's 2.40% return. Over the past 10 years, SMSAX has underperformed VOO with an annualized return of 1.36%, while VOO has yielded a comparatively higher 13.03% annualized return.
SMSAX
0.63%
-0.73%
2.30%
7.33%
2.48%
1.36%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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SMSAX vs. VOO - Expense Ratio Comparison
SMSAX has a 1.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SMSAX vs. VOO — Risk-Adjusted Performance Rank
SMSAX
VOO
SMSAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Multi-Strategy Alternative Fund (SMSAX) 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
SMSAX vs. VOO - Dividend Comparison
SMSAX's dividend yield for the trailing twelve months is around 5.50%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMSAX SEI Institutional Managed Trust Multi-Strategy Alternative Fund | 5.50% | 5.54% | 4.35% | 2.14% | 1.29% | 0.52% | 1.01% | 1.76% | 0.25% | 0.07% | 1.62% | 1.58% |
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
SMSAX vs. VOO - Drawdown Comparison
The maximum SMSAX drawdown since its inception was -15.07%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SMSAX and VOO. For additional features, visit the drawdowns tool.
Volatility
SMSAX vs. VOO - Volatility Comparison
The current volatility for SEI Institutional Managed Trust Multi-Strategy Alternative Fund (SMSAX) is 1.44%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. This indicates that SMSAX 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.