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TMMAX SEI Tax-Managed Mgd Volatility A (SIMT)

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Fund TMMAX SEI Tax-Managed Mgd Volatility A (SIMT) VYM Vanguard High Dividend Yield ETF SPHD PowerShares S&P 500® High Div Low VolETF  
Similarity
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100% 91% 91%
Annual Fees
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$105.64
(1.00% Exp. Ratio)
$9.51
(0.09% Exp. Ratio)
$31.69
(0.30% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.64% annual return
$38,397.44 $50,526.03 $47,435.25
Est. savings over 30 yrs +$12,128.59 +$9,037.81
Return
As of 12/31/16
1 YR RETURN 11.85%
3 YR 9.93%
5 YR 13.48%
10 YR --
1 YR RETURN 16.87%
3 YR 9.99%
5 YR 14.33%
10 YR 7.14%
1 YR RETURN 22.31%
3 YR 15.53%
5 YR --
10 YR --
Description
The investment seeks to maximize after-tax returns, but with a lower level of volatility than the broad U.S. equity markets. The fund will typically invest in securities of U.S. companies of all capitalization ranges. These securities may include common stocks, preferred stocks, warrants and ETFs. It may also, to a lesser extent, invest in American depositary receipts (ADRs), real estate investment trusts (REITs) and securities of non-U.S. companies.
The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSE High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. The adviser attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500® Low Volatility High Dividend Index. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. S&P Dow Jones Indices LLC compiles maintains and calculates the underlying index, which is composed of 50 securities in the S&P 500® Index that historically have provided high dividend yields with lower volatility.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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