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SSPIX vs. LIVIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

SSPIX vs. LIVIX

Last updated Apr 2, 2026

Compare and contrast key facts about SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and BlackRock LifePath Index 2055 Fund (LIVIX).

SSPIX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Feb 28, 1996. LIVIX is managed by BlackRock. It was launched on May 30, 2011.

Performance

SSPIX vs. LIVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and BlackRock LifePath Index 2055 Fund (LIVIX). The values are adjusted to include any dividend payments, if applicable.

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SSPIX vs. LIVIX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SSPIX
SEI Institutional Managed Trust S&P 500 Index Fund		-4.43%17.44%24.60%26.00%-18.52%28.56%18.13%31.25%-4.61%20.83%
LIVIX
BlackRock LifePath Index 2055 Fund		-1.33%21.57%13.60%21.62%-18.38%18.75%14.99%26.76%-7.83%21.38%

Returns By Period

In the year-to-date period, SSPIX achieves a -4.43% return, which is significantly lower than LIVIX's -1.33% return. Over the past 10 years, SSPIX has outperformed LIVIX with an annualized return of 13.69%, while LIVIX has yielded a comparatively lower 10.77% annualized return.

SSPIX

1D
2.93%
1M
-5.04%
YTD
-4.43%
6M
-2.38%
1Y
16.90%
3Y*
17.93%
5Y*
11.44%
10Y*
13.69%

LIVIX

1D
3.07%
1M
-5.50%
YTD
-1.33%
6M
1.19%
1Y
20.91%
3Y*
15.72%
5Y*
8.52%
10Y*
10.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SEI Institutional Managed Trust S&P 500 Index Fund

BlackRock LifePath Index 2055 Fund

Often compared with SSPIX:
SSPIX vs. FCNTXSSPIX vs. GRISXSSPIX vs. FXAIXSSPIX vs. VOOSSPIX vs. VTSSPIX vs. VTISSPIX vs. VTSAX
Often compared with LIVIX:
LIVIX vs. VFFVXLIVIX vs. VOOLIVIX vs. SPYLIVIX vs. FXAIXLIVIX vs. FDEWXLIVIX vs. AAMTXLIVIX vs. SWPPX

SSPIX vs. LIVIX - Expense Ratio Comparison

SSPIX has a 0.25% expense ratio, which is higher than LIVIX's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SSPIX
SEI Institutional Managed Trust S&P 500 Index Fund
LIVIX
BlackRock LifePath Index 2055 Fund

Return for Risk

SSPIX vs. LIVIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SSPIX
SSPIX Risk / Return Rank: 5555
Overall Rank
SSPIX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
SSPIX Sortino Ratio Rank: 4848
Sortino Ratio Rank
SSPIX Omega Ratio Rank: 5252
Omega Ratio Rank
SSPIX Calmar Ratio Rank: 5959
Calmar Ratio Rank
SSPIX Martin Ratio Rank: 7171
Martin Ratio Rank
LIVIX
LIVIX Risk / Return Rank: 7474
Overall Rank
LIVIX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
LIVIX Sortino Ratio Rank: 7272
Sortino Ratio Rank
LIVIX Omega Ratio Rank: 7171
Omega Ratio Rank
LIVIX Calmar Ratio Rank: 7575
Calmar Ratio Rank
LIVIX Martin Ratio Rank: 8282
Martin Ratio Rank
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.

SSPIX vs. LIVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and BlackRock LifePath Index 2055 Fund (LIVIX). 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.

SSPIXLIVIXDifference

Sharpe ratio

Return per unit of total volatility

0.95

1.25

-0.30

Sortino ratio

Return per unit of downside risk

1.46

1.85

-0.39

Omega ratio

Gain probability vs. loss probability

1.22

1.28

-0.05

Calmar ratio

Return relative to maximum drawdown

1.48

1.81

-0.33

Martin ratio

Return relative to average drawdown

7.08

8.47

-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.

SSPIX vs. LIVIX - Sharpe Ratio Comparison

The current SSPIX Sharpe Ratio is 0.95, which is comparable to the LIVIX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of SSPIX and LIVIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

SSPIXLIVIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

1.25

-0.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.62

0.54

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

0.65

+0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.59

-0.11

Correlation

The correlation between SSPIX and LIVIX is 0.95, 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.

Dividends

SSPIX vs. LIVIX - Dividend Comparison

SSPIX's dividend yield for the trailing twelve months is around 9.32%, more than LIVIX's 2.52% yield.

TTM20252024202320222021202020192018201720162015
SSPIX
SEI Institutional Managed Trust S&P 500 Index Fund		9.32%8.91%12.73%4.51%10.84%7.47%6.18%4.46%4.37%1.96%4.62%1.77%
LIVIX
BlackRock LifePath Index 2055 Fund		2.52%2.48%0.01%2.04%1.96%2.04%1.56%2.95%2.35%2.27%1.54%2.88%

Drawdowns

SSPIX vs. LIVIX - Drawdown Comparison

The maximum SSPIX drawdown since its inception was -55.66%, which is greater than LIVIX's maximum drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for SSPIX and LIVIX.

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Drawdown Indicators

SSPIXLIVIXDifference

Max Drawdown

Largest peak-to-trough decline

-55.66%

-34.44%

-21.22%

Max Drawdown (1Y)

Largest decline over 1 year

-12.14%

-11.82%

-0.32%

Max Drawdown (5Y)

Largest decline over 5 years

-25.65%

-26.45%

+0.80%

Max Drawdown (10Y)

Largest decline over 10 years

-33.82%

-34.44%

+0.62%

Current Drawdown

Current decline from peak

-6.30%

-6.66%

+0.36%

Average Drawdown

Average peak-to-trough decline

-10.56%

-4.56%

-6.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.54%

2.53%

+0.01%

Volatility

SSPIX vs. LIVIX - Volatility Comparison

The current volatility for SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) is 5.34%, while BlackRock LifePath Index 2055 Fund (LIVIX) has a volatility of 6.29%. This indicates that SSPIX experiences smaller price fluctuations and is considered to be less risky than LIVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SSPIXLIVIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.34%

6.29%

-0.95%

Volatility (6M)

Calculated over the trailing 6-month period

9.55%

9.78%

-0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

18.33%

17.10%

+1.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.47%

15.77%

+2.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.87%

16.67%

+2.20%