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:
0.97
^GSPC:
1.74
SVTAX:
1.16
^GSPC:
2.36
SVTAX:
1.23
^GSPC:
1.32
SVTAX:
0.68
^GSPC:
2.62
SVTAX:
2.63
^GSPC:
10.69
SVTAX:
3.59%
^GSPC:
2.08%
SVTAX:
9.76%
^GSPC:
12.76%
SVTAX:
-43.81%
^GSPC:
-56.78%
SVTAX:
-5.90%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, SVTAX achieves a 5.15% return, which is significantly higher than ^GSPC's 4.01% return. Over the past 10 years, SVTAX has underperformed ^GSPC with an annualized return of 2.07%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
SVTAX
5.15%
3.21%
-1.35%
8.79%
0.59%
2.07%
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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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 1.99%, while S&P 500 (^GSPC) has a volatility of 3.01%. 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.