UPDDX vs. SVOAX

Last updated Aug 1, 2026

UPDDX (Upright Growth & Income Fund) and SVOAX (SEI Institutional Managed Trust U.S. Managed Volatility Fund) are both mutual funds - UPDDX is a Large Cap Value Equities fund managed by Upright Investments Trust, while SVOAX is a Low Volatility fund managed by BlackRock. Their -0.29 correlation means they have often moved in opposite directions in the past. UPDDX charges 2.57%/yr vs 0.90%/yr for SVOAX.

Performance

UPDDX vs. SVOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Upright Growth & Income Fund (UPDDX) and SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UPDDX

• 1D: 2.51%
• 1M: -1.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SVOAX

• 1D: -0.97%
• 1M: 3.51%
• 6M: 6.84%
• YTD: 9.20%
• 1Y: 14.77%
• 3Y*: 12.41%
• 5Y*: 8.33%
• 10Y*: 8.81%
• ALL TIME*: 8.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SVOAX SEI Institutional Managed Trust U.S. Managed Volatility Fund	$0.00	$0.00	$0.00
UPDDX Upright Growth & Income Fund	$0.00	$0.00	$0.00

UPDDX vs. SVOAX - Yearly Performance Comparison

	2026 (YTD)
UPDDX Upright Growth & Income Fund	-8.29%
SVOAX SEI Institutional Managed Trust U.S. Managed Volatility Fund	4.80%

Correlation

The correlation between UPDDX and SVOAX is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.29

Return for Risk

UPDDX vs. SVOAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UPDDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SVOAX

SVOAX Risk / Return Rank: 63
SVOAX Sharpe Ratio Rank: 59
SVOAX Sortino Ratio Rank: 64
SVOAX Omega Ratio Rank: 54
SVOAX Calmar Ratio Rank: 76
SVOAX Martin Ratio Rank: 62

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

UPDDX vs. SVOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Upright Growth & Income Fund (UPDDX) and SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UPDDX	SVOAX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.47	—
Sortino ratio: Return per unit of downside risk	—	2.25	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.52	—
Martin ratio: Return relative to average drawdown	—	7.98	—

Drawdowns

UPDDX vs. SVOAX - Drawdown Comparison

The maximum UPDDX drawdown since its inception was -13.71%, smaller than the maximum SVOAX drawdown of -47.22%. Use the drawdown chart below to compare losses from any high point for UPDDX and SVOAX.

Drawdown Indicators

	UPDDX	SVOAX	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-47.22%	+33.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.09%	—
Current Drawdown Current decline from peak	-11.55%	-1.11%	-10.44%
Average Drawdown Average peak-to-trough decline	-7.87%	-5.89%	-1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.70%	—

Volatility

Volatility by Period

	UPDDX	SVOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.27%	9.23%	+18.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.27%	16.19%	+11.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.27%	16.17%	+11.10%

UPDDX vs. SVOAX - Expense Ratio Comparison

UPDDX has a 2.57% expense ratio, which is higher than SVOAX's 0.90% expense ratio.

Dividends

UPDDX vs. SVOAX - Dividend Comparison

UPDDX has not paid dividends to shareholders, while SVOAX's dividend yield for the trailing twelve months is around 15.57%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SVOAX SEI Institutional Managed Trust U.S. Managed Volatility Fund	15.57%	16.95%	17.05%	13.66%	11.01%	18.42%	1.47%	4.66%	13.86%	9.21%	4.35%	6.58%
UPDDX Upright Growth & Income Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UPDDX and SVOAX in my portfolio?

UPDDX and SVOAX have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.