Correlation
The correlation between SSPIX and VFAIX is 0.83, 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.
SSPIX vs. VFAIX
Compare and contrast key facts about SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard Financials Index Fund Admiral Shares (VFAIX).
SSPIX is managed by Blackrock. It was launched on Feb 28, 1996. VFAIX is managed by Blackrock. It was launched on Feb 4, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSPIX or VFAIX.
Performance
SSPIX vs. VFAIX - Performance Comparison
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Key characteristics
SSPIX:
0.72
VFAIX:
1.21
SSPIX:
1.02
VFAIX:
1.71
SSPIX:
1.15
VFAIX:
1.25
SSPIX:
0.67
VFAIX:
1.46
SSPIX:
2.54
VFAIX:
5.44
SSPIX:
4.95%
VFAIX:
4.64%
SSPIX:
19.77%
VFAIX:
21.38%
SSPIX:
-55.65%
VFAIX:
-78.64%
SSPIX:
-3.50%
VFAIX:
-3.09%
Returns By Period
In the year-to-date period, SSPIX achieves a 0.93% return, which is significantly lower than VFAIX's 4.58% return. Over the past 10 years, SSPIX has outperformed VFAIX with an annualized return of 12.51%, while VFAIX has yielded a comparatively lower 11.75% annualized return.
SSPIX
0.93%
6.28%
-1.56%
14.05%
13.99%
15.61%
12.51%
VFAIX
4.58%
5.21%
-1.52%
25.65%
14.74%
19.04%
11.75%
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SSPIX vs. VFAIX - Expense Ratio Comparison
SSPIX has a 0.25% expense ratio, which is higher than VFAIX'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%.
Risk-Adjusted Performance
SSPIX vs. VFAIX — Risk-Adjusted Performance Rank
SSPIX
VFAIX
SSPIX vs. VFAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard Financials Index Fund Admiral Shares (VFAIX). 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.
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Dividends
SSPIX vs. VFAIX - Dividend Comparison
SSPIX's dividend yield for the trailing twelve months is around 12.63%, more than VFAIX's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSPIX SEI Institutional Managed Trust S&P 500 Index Fund | 12.63% | 12.73% | 4.51% | 10.84% | 7.47% | 6.18% | 4.46% | 4.37% | 2.30% | 4.62% | 1.77% | 11.01% |
VFAIX Vanguard Financials Index Fund Admiral Shares | 1.77% | 1.75% | 2.08% | 2.30% | 1.87% | 2.22% | 2.17% | 2.30% | 1.54% | 1.64% | 2.00% | 1.86% |
Drawdowns
SSPIX vs. VFAIX - Drawdown Comparison
The maximum SSPIX drawdown since its inception was -55.65%, smaller than the maximum VFAIX drawdown of -78.64%. Use the drawdown chart below to compare losses from any high point for SSPIX and VFAIX.
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Volatility
SSPIX vs. VFAIX - Volatility Comparison
SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard Financials Index Fund Admiral Shares (VFAIX) have volatilities of 4.77% and 4.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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