SMTH vs. ALIBX
Compare and contrast key facts about ALPS Smith Core Plus Bond ETF (SMTH) and ALPS/Smith Balanced Opportunity Fund (ALIBX).
SMTH is an actively managed fund by ALPS. It was launched on Dec 5, 2023. ALIBX is managed by ALPS. It was launched on Sep 14, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMTH or ALIBX.
Correlation
The correlation between SMTH and ALIBX 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
SMTH vs. ALIBX - Performance Comparison
Key characteristics
SMTH:
0.40
ALIBX:
0.50
SMTH:
0.62
ALIBX:
0.64
SMTH:
1.07
ALIBX:
1.13
SMTH:
0.59
ALIBX:
0.49
SMTH:
1.27
ALIBX:
2.12
SMTH:
1.52%
ALIBX:
2.77%
SMTH:
4.82%
ALIBX:
11.73%
SMTH:
-3.27%
ALIBX:
-20.28%
SMTH:
-3.27%
ALIBX:
-11.88%
Returns By Period
In the year-to-date period, SMTH achieves a 2.36% return, which is significantly lower than ALIBX's 5.88% return.
SMTH
2.36%
-1.38%
2.22%
2.06%
N/A
N/A
ALIBX
5.88%
-11.18%
-2.86%
5.88%
N/A
N/A
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SMTH vs. ALIBX - Expense Ratio Comparison
SMTH has a 0.59% expense ratio, which is lower than ALIBX's 1.12% expense ratio.
Risk-Adjusted Performance
SMTH vs. ALIBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Smith Core Plus Bond ETF (SMTH) and ALPS/Smith Balanced Opportunity Fund (ALIBX). 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
SMTH vs. ALIBX - Dividend Comparison
SMTH's dividend yield for the trailing twelve months is around 4.60%, more than ALIBX's 1.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
SMTH ALPS Smith Core Plus Bond ETF | 4.60% | 0.24% | 0.00% | 0.00% | 0.00% |
ALIBX ALPS/Smith Balanced Opportunity Fund | 1.61% | 1.66% | 1.22% | 0.42% | 0.12% |
Drawdowns
SMTH vs. ALIBX - Drawdown Comparison
The maximum SMTH drawdown since its inception was -3.27%, smaller than the maximum ALIBX drawdown of -20.28%. Use the drawdown chart below to compare losses from any high point for SMTH and ALIBX. For additional features, visit the drawdowns tool.
Volatility
SMTH vs. ALIBX - Volatility Comparison
The current volatility for ALPS Smith Core Plus Bond ETF (SMTH) is 1.14%, while ALPS/Smith Balanced Opportunity Fund (ALIBX) has a volatility of 9.09%. This indicates that SMTH experiences smaller price fluctuations and is considered to be less risky than ALIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.