SMTRX vs. ALIBX

Last updated Aug 2, 2026

SMTRX (ALPS/Smith Total Return Bond Fund) and ALIBX (ALPS/Smith Balanced Opportunity Fund) are both mutual funds - SMTRX is a Intermediate Core-Plus Bond fund managed by ALPS, while ALIBX is a Diversified Portfolio fund managed by ALPS. Their 0.53 correlation means they have sometimes moved together and sometimes differently. SMTRX charges 0.99%/yr vs 1.12%/yr for ALIBX.

Performance

SMTRX vs. ALIBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS/Smith Total Return Bond Fund (SMTRX) and ALPS/Smith Balanced Opportunity Fund (ALIBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMTRX

• 1D: 0.15%
• 1M: -1.10%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ALIBX

• 1D: 1.11%
• 1M: -1.83%
• 6M: 4.33%
• YTD: 7.63%
• 1Y: 16.25%
• 3Y*: 13.04%
• 5Y*: 6.98%
• 10Y*: —
• ALL TIME*: 9.52%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALIBX ALPS/Smith Balanced Opportunity Fund	$0.00	$0.00	$0.00
SMTRX ALPS/Smith Total Return Bond Fund	$0.00	$0.00	$0.00

SMTRX vs. ALIBX - Yearly Performance Comparison

	2026 (YTD)
SMTRX ALPS/Smith Total Return Bond Fund	-0.86%
ALIBX ALPS/Smith Balanced Opportunity Fund	0.25%

Correlation

The correlation between SMTRX and ALIBX is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.53

Return for Risk

SMTRX vs. ALIBX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SMTRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ALIBX

ALIBX Risk / Return Rank: 66
ALIBX Sharpe Ratio Rank: 66
ALIBX Sortino Ratio Rank: 66
ALIBX Omega Ratio Rank: 62
ALIBX Calmar Ratio Rank: 61
ALIBX Martin Ratio Rank: 74

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SMTRX vs. ALIBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/Smith Total Return Bond Fund (SMTRX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SMTRX	ALIBX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.61	—
Sortino ratio: Return per unit of downside risk	—	2.33	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.13	—
Martin ratio: Return relative to average drawdown	—	9.26	—

Drawdowns

SMTRX vs. ALIBX - Drawdown Comparison

The maximum SMTRX drawdown since its inception was -1.76%, smaller than the maximum ALIBX drawdown of -20.38%. Use the drawdown chart below to compare losses from any high point for SMTRX and ALIBX.

Drawdown Indicators

	SMTRX	ALIBX	Difference
Max Drawdown Largest peak-to-trough decline	-1.76%	-20.38%	+18.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.65%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.38%	—
Current Drawdown Current decline from peak	-1.61%	-2.18%	+0.57%
Average Drawdown Average peak-to-trough decline	-0.65%	-4.65%	+4.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.64%	—

Volatility

Volatility by Period

	SMTRX	ALIBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.79%	9.46%	-5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.79%	11.25%	-7.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.79%	10.99%	-7.20%

SMTRX vs. ALIBX - Expense Ratio Comparison

SMTRX has a 0.99% expense ratio, which is lower than ALIBX's 1.12% expense ratio.

Dividends

SMTRX vs. ALIBX - Dividend Comparison

SMTRX's dividend yield for the trailing twelve months is around 1.09%, less than ALIBX's 8.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ALIBX ALPS/Smith Balanced Opportunity Fund	8.43%	9.14%	10.61%	1.37%	1.08%	0.56%	0.12%
SMTRX ALPS/Smith Total Return Bond Fund	1.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SMTRX and ALIBX in my portfolio?

SMTRX and ALIBX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.