SSPIX vs. VTSAX
Compare and contrast key facts about SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX).
SSPIX is managed by Blackrock. It was launched on Feb 28, 1996. VTSAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSPIX or VTSAX.
Key characteristics
| SSPIX | VTSAX | |
|---|---|---|
| YTD Return | 23.82% | 22.60% |
| 1Y Return | 40.24% | 40.11% |
| 3Y Return (Ann) | 10.23% | 8.77% |
| 5Y Return (Ann) | 15.87% | 15.39% |
| 10Y Return (Ann) | 13.29% | 13.01% |
| Sharpe Ratio | 3.10 | 3.02 |
| Sortino Ratio | 4.10 | 4.00 |
| Omega Ratio | 1.57 | 1.55 |
| Calmar Ratio | 3.15 | 2.72 |
| Martin Ratio | 20.57 | 19.68 |
| Ulcer Index | 1.87% | 1.95% |
| Daily Std Dev | 12.35% | 12.65% |
| Max Drawdown | -55.66% | -55.34% |
| Current Drawdown | -0.18% | -0.31% |
Correlation
The correlation between SSPIX and VTSAX is 0.99, 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. VTSAX - Performance Comparison
In the year-to-date period, SSPIX achieves a 23.82% return, which is significantly higher than VTSAX's 22.60% return. Both investments have delivered pretty close results over the past 10 years, with SSPIX having a 13.29% annualized return and VTSAX not far behind at 13.01%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SSPIX vs. VTSAX - Expense Ratio Comparison
SSPIX has a 0.25% expense ratio, which is higher than VTSAX's 0.04% 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. VTSAX - 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 Total Stock Market Index Fund Admiral Shares (VTSAX). 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. VTSAX - Dividend Comparison
SSPIX's dividend yield for the trailing twelve months is around 3.73%, more than VTSAX's 1.29% 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% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 1.29% | 1.43% | 1.65% | 1.20% | 1.41% | 1.76% | 2.03% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
SSPIX vs. VTSAX - Drawdown Comparison
The maximum SSPIX drawdown since its inception was -55.66%, roughly equal to the maximum VTSAX drawdown of -55.34%. Use the drawdown chart below to compare losses from any high point for SSPIX and VTSAX. For additional features, visit the drawdowns tool.
Volatility
SSPIX vs. VTSAX - Volatility Comparison
SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) have volatilities of 2.57% and 2.60%, 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.