SMTRX vs. ALIBX

Last updated Jun 4, 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 correlation of 0.87 suggests significant overlap in exposure. 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: 0.10%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ALIBX

• 1D: 0.07%
• 1M: 2.87%
• YTD: 7.75%
• 6M: 7.85%
• 1Y: 21.06%
• 3Y*: 14.56%
• 5Y*: 7.55%
• 10Y*: —

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

SMTRX vs. ALIBX - Yearly Performance Comparison

	2026 (YTD)
SMTRX ALPS/Smith Total Return Bond Fund	0.10%
ALIBX ALPS/Smith Balanced Opportunity Fund	-0.44%

Correlation

The correlation between SMTRX and ALIBX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.87

Return for Risk

SMTRX vs. ALIBX — Risk / Return Rank

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

ALIBX

ALIBX Risk / Return Rank: 67
ALIBX Sharpe Ratio Rank: 69
ALIBX Sortino Ratio Rank: 70
ALIBX Omega Ratio Rank: 64
ALIBX Calmar Ratio Rank: 62
ALIBX Martin Ratio Rank: 72

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.

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.

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

Sharpe Ratios by Period

	SMTRX	ALIBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.43	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.86	0.90	+4.97

Drawdowns

SMTRX vs. ALIBX - Drawdown Comparison

The maximum SMTRX drawdown since its inception was -0.10%, 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	-0.10%	-20.38%	+20.28%
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	0.00%	-0.44%	+0.44%
Average Drawdown Average peak-to-trough decline	-0.03%	-4.75%	+4.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.56%	—

Volatility

Volatility by Period

	SMTRX	ALIBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.90%	8.86%	-6.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.90%	11.17%	-9.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.90%	11.01%	-9.11%

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 0.36%, less than ALIBX's 8.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ALIBX ALPS/Smith Balanced Opportunity Fund	8.45%	9.14%	10.61%	1.37%	1.08%	0.56%	0.12%
SMTRX ALPS/Smith Total Return Bond Fund	0.36%	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 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.