SVOAX vs. HDCTX
Compare and contrast key facts about SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX) and Rational Equity Armor Fund (HDCTX).
SVOAX is managed by BlackRock. It was launched on Oct 28, 2004. HDCTX is managed by Rational Funds. It was launched on Feb 28, 2001.
Performance
SVOAX vs. HDCTX - Performance Comparison
Loading graphics...
SVOAX vs. HDCTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SVOAX SEI Institutional Managed Trust U.S. Managed Volatility Fund | 0.30% | 10.47% | 15.46% | 3.68% | -1.10% | 19.77% | -2.15% | 24.17% | -2.75% | 14.04% |
HDCTX Rational Equity Armor Fund | -1.36% | 12.64% | 16.85% | 2.95% | -10.68% | 14.52% | 15.85% | 11.32% | -11.94% | -1.99% |
Returns By Period
In the year-to-date period, SVOAX achieves a 0.30% return, which is significantly higher than HDCTX's -1.36% return. Over the past 10 years, SVOAX has outperformed HDCTX with an annualized return of 8.43%, while HDCTX has yielded a comparatively lower 4.46% annualized return.
SVOAX
- 1D
- 1.23%
- 1M
- -3.87%
- YTD
- 0.30%
- 6M
- 0.64%
- 1Y
- 6.59%
- 3Y*
- 10.07%
- 5Y*
- 7.72%
- 10Y*
- 8.43%
HDCTX
- 1D
- 0.95%
- 1M
- -3.07%
- YTD
- -1.36%
- 6M
- -1.82%
- 1Y
- 12.88%
- 3Y*
- 11.04%
- 5Y*
- 5.16%
- 10Y*
- 4.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SVOAX vs. HDCTX - Expense Ratio Comparison
SVOAX has a 0.90% expense ratio, which is lower than HDCTX's 1.17% expense ratio.
Return for Risk
SVOAX vs. HDCTX — Risk / Return Rank
SVOAX
HDCTX
SVOAX vs. HDCTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX) and Rational Equity Armor Fund (HDCTX). 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.
| SVOAX | HDCTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 1.20 | -0.67 |
Sortino ratioReturn per unit of downside risk | 0.83 | 1.75 | -0.91 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.23 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.77 | 1.96 | -1.19 |
Martin ratioReturn relative to average drawdown | 3.73 | 5.25 | -1.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SVOAX | HDCTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 1.20 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.49 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.39 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.36 | +0.18 |
Correlation
The correlation between SVOAX and HDCTX is 0.80, 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
SVOAX vs. HDCTX - Dividend Comparison
SVOAX's dividend yield for the trailing twelve months is around 16.90%, more than HDCTX's 0.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVOAX SEI Institutional Managed Trust U.S. Managed Volatility Fund | 16.90% | 16.95% | 17.05% | 13.66% | 11.01% | 18.42% | 1.47% | 4.66% | 13.86% | 9.21% | 4.35% | 6.58% |
HDCTX Rational Equity Armor Fund | 0.12% | 0.00% | 0.00% | 0.17% | 0.78% | 1.21% | 1.10% | 5.37% | 7.86% | 5.60% | 3.28% | 15.32% |
Drawdowns
SVOAX vs. HDCTX - Drawdown Comparison
The maximum SVOAX drawdown since its inception was -47.22%, smaller than the maximum HDCTX drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for SVOAX and HDCTX.
Loading graphics...
Drawdown Indicators
| SVOAX | HDCTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.22% | -59.05% | +11.83% |
Max Drawdown (1Y)Largest decline over 1 year | -10.02% | -6.95% | -3.07% |
Max Drawdown (5Y)Largest decline over 5 years | -20.19% | -18.22% | -1.97% |
Max Drawdown (10Y)Largest decline over 10 years | -34.09% | -19.43% | -14.66% |
Current DrawdownCurrent decline from peak | -5.84% | -6.07% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -5.94% | -6.45% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 2.59% | -0.53% |
Volatility
SVOAX vs. HDCTX - Volatility Comparison
SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX) has a higher volatility of 2.98% compared to Rational Equity Armor Fund (HDCTX) at 2.15%. This indicates that SVOAX's price experiences larger fluctuations and is considered to be riskier than HDCTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SVOAX | HDCTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.98% | 2.15% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 6.38% | 6.30% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.82% | 11.06% | +1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.17% | 10.49% | +5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.16% | 11.44% | +4.72% |