Correlation
The correlation between SSPIX and VOO is 1.00, 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. VOO
Compare and contrast key facts about SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard S&P 500 ETF (VOO).
SSPIX is managed by Blackrock. It was launched on Feb 28, 1996. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSPIX or VOO.
Performance
SSPIX vs. VOO - Performance Comparison
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Key characteristics
SSPIX:
0.72
VOO:
0.74
SSPIX:
1.02
VOO:
1.04
SSPIX:
1.15
VOO:
1.15
SSPIX:
0.67
VOO:
0.68
SSPIX:
2.54
VOO:
2.58
SSPIX:
4.95%
VOO:
4.93%
SSPIX:
19.77%
VOO:
19.54%
SSPIX:
-55.65%
VOO:
-33.99%
SSPIX:
-3.50%
VOO:
-3.55%
Returns By Period
The year-to-date returns for both stocks are quite close, with SSPIX having a 0.93% return and VOO slightly lower at 0.90%. Both investments have delivered pretty close results over the past 10 years, with SSPIX having a 12.51% annualized return and VOO not far ahead at 12.81%.
SSPIX
0.93%
6.28%
-1.56%
14.05%
13.99%
15.61%
12.51%
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
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SSPIX vs. VOO - Expense Ratio Comparison
SSPIX has a 0.25% expense ratio, which is higher than VOO's 0.03% 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. VOO — Risk-Adjusted Performance Rank
SSPIX
VOO
SSPIX vs. VOO - 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 S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
SSPIX's dividend yield for the trailing twelve months is around 12.63%, more than VOO's 1.29% 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% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SSPIX vs. VOO - Drawdown Comparison
The maximum SSPIX drawdown since its inception was -55.65%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SSPIX and VOO.
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Volatility
SSPIX vs. VOO - Volatility Comparison
SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.77% and 4.84%, 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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