SSPIX vs. VOOG
Compare and contrast key facts about SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard S&P 500 Growth ETF (VOOG).
SSPIX is managed by Blackrock. It was launched on Feb 28, 1996. VOOG is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Growth 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 VOOG.
Key characteristics
| SSPIX | VOOG | |
|---|---|---|
| YTD Return | 23.82% | 30.97% |
| 1Y Return | 40.24% | 45.43% |
| 3Y Return (Ann) | 10.23% | 8.79% |
| 5Y Return (Ann) | 15.87% | 18.03% |
| 10Y Return (Ann) | 13.29% | 15.34% |
| Sharpe Ratio | 3.10 | 2.60 |
| Sortino Ratio | 4.10 | 3.34 |
| Omega Ratio | 1.57 | 1.47 |
| Calmar Ratio | 3.15 | 2.07 |
| Martin Ratio | 20.57 | 13.56 |
| Ulcer Index | 1.87% | 3.21% |
| Daily Std Dev | 12.35% | 16.73% |
| Max Drawdown | -55.66% | -32.73% |
| Current Drawdown | -0.18% | 0.00% |
Correlation
The correlation between SSPIX and VOOG is 0.94, 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.
Performance
SSPIX vs. VOOG - Performance Comparison
In the year-to-date period, SSPIX achieves a 23.82% return, which is significantly lower than VOOG's 30.97% return. Over the past 10 years, SSPIX has underperformed VOOG with an annualized return of 13.29%, while VOOG has yielded a comparatively higher 15.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SSPIX vs. VOOG - Expense Ratio Comparison
SSPIX has a 0.25% expense ratio, which is higher than VOOG'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. VOOG - 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 Growth ETF (VOOG). 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.
Dividends
SSPIX vs. VOOG - Dividend Comparison
SSPIX's dividend yield for the trailing twelve months is around 3.73%, more than VOOG's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSPIX SEI Institutional Managed Trust S&P 500 Index Fund | 3.73% | 4.51% | 10.84% | 7.47% | 6.18% | 4.46% | 4.37% | 2.30% | 4.62% | 1.77% | 11.01% | 3.79% |
VOOG Vanguard S&P 500 Growth ETF | 0.61% | 1.12% | 0.93% | 0.53% | 0.88% | 1.26% | 1.34% | 1.32% | 1.47% | 1.56% | 1.28% | 1.46% |
Drawdowns
SSPIX vs. VOOG - Drawdown Comparison
The maximum SSPIX drawdown since its inception was -55.66%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for SSPIX and VOOG. For additional features, visit the drawdowns tool.
Volatility
SSPIX vs. VOOG - Volatility Comparison
The current volatility for SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) is 2.57%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 3.15%. This indicates that SSPIX experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.