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SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The fund employs a dynamic investment strategy seeking to achieve, over time, a total return in excess of the broad U.S. equity market by selecting investments from among a broad range of asset classes or market exposures based upon SIMC's expectations of risk and return. It may invest in equity securities, including common stocks, preferred stocks, convertible securities, warrants (including equity-linked warrants) and depositary receipts of U.S. and non-U.S. issuers (including emerging markets) of various market capitalizations and industries.

Looking to diversify beyond SDLAX? The mutual funds below have the lowest correlation with SDLAX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SDLAX.

Best Diversifiers for SDLAX

12 mutual funds have low correlation with SDLAX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Real Return Fund (RRPAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.10, roughly unchanged from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RRPAX
SEI Institutional Investments Trust Real Return Fu...0.100.110.14
64
Inflation-Protected BondsSDLAX vs RRPAX
SECPX
SEI Daily Income Ultra Short Duration Bond Fund0.130.080.04
96
Ultrashort BondSDLAX vs SECPX
SENYX
SEI Tax-Exempt Trust New York Municipal Bond Fund0.160.130.09
57
Municipal BondsSDLAX vs SENYX
SEIMX
SEI Tax Exempt Trust Intermediate-Term Municipal F...0.190.110.09
66
Municipal BondsSDLAX vs SEIMX
SEPAX
SEI Tax-Exempt Trust Pennsylvania Municipal Bond F...0.200.110.07
56
Municipal BondsSDLAX vs SEPAX
See all 83 diversifiers for SDLAX

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