SVTAX vs. ^GSPC
Compare and contrast key facts about SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX) and S&P 500 (^GSPC).
SVTAX is managed by Blackrock. It was launched on Jul 26, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVTAX or ^GSPC.
Correlation
The correlation between SVTAX and ^GSPC 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.
Performance
SVTAX vs. ^GSPC - Performance Comparison
Key characteristics
SVTAX:
0.85
^GSPC:
1.62
SVTAX:
1.03
^GSPC:
2.20
SVTAX:
1.20
^GSPC:
1.30
SVTAX:
0.60
^GSPC:
2.46
SVTAX:
2.29
^GSPC:
10.01
SVTAX:
3.61%
^GSPC:
2.08%
SVTAX:
9.77%
^GSPC:
12.88%
SVTAX:
-43.81%
^GSPC:
-56.78%
SVTAX:
-6.34%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, SVTAX achieves a 4.66% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, SVTAX has underperformed ^GSPC with an annualized return of 2.01%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
SVTAX
4.66%
2.62%
-2.35%
7.52%
0.50%
2.01%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
SVTAX vs. ^GSPC — Risk-Adjusted Performance Rank
SVTAX
^GSPC
SVTAX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX) and S&P 500 (^GSPC). 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.
Drawdowns
SVTAX vs. ^GSPC - Drawdown Comparison
The maximum SVTAX drawdown since its inception was -43.81%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SVTAX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SVTAX vs. ^GSPC - Volatility Comparison
The current volatility for SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX) is 2.08%, while S&P 500 (^GSPC) has a volatility of 3.43%. This indicates that SVTAX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.