- ISIN
- US82980D4007
- CUSIP
- 82980D400
- Issuer
- Sit
- Inception Date
- Jun 30, 1994
- Category
- Emerging Markets Diversified
- Min. Investment
- $5,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
SDMGX Performance Chart
SIT Developing Markets Growth Fund (SDMGX) is up 27.1% since the beginning of the year. SDMGX is currently trading at $30 per share. Investors who bought $1,000 worth of SDMGX shares 5 years ago would now be looking at an investment worth $1,574.
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Returns By Period
SIT Developing Markets Growth Fund (SDMGX) has returned 27.12% so far this year and 57.42% over the past 12 months. Over the last ten years, SDMGX has returned 11.32% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
SIT Developing Markets Growth Fund
- 1D
- 2.74%
- 1M
- 6.44%
- YTD
- 27.12%
- 6M
- 29.40%
- 1Y
- 57.42%
- 3Y*
- 23.88%
- 5Y*
- 9.50%
- 10Y*
- 11.32%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SDMGX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 1995, SDMGX's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2022 with a return of +20.4%, while the worst month was Oct 2008 at -28.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, SDMGX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +16.3%, while the worst single day was Oct 15, 2008 at -11.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.19% | 4.01% | -10.12% | 13.77% | 10.77% | 1.61% | 27.12% | ||||||
| 2025 | 0.35% | -1.73% | -0.88% | 1.84% | 8.21% | 5.87% | 2.39% | 2.04% | 7.15% | 5.81% | -2.27% | 3.12% | 36.11% |
| 2024 | -4.94% | 3.33% | 4.32% | -0.19% | 1.98% | 3.64% | -0.18% | 1.17% | 7.48% | -3.02% | -1.39% | 1.21% | 13.58% |
| 2023 | 10.12% | -5.86% | 3.21% | -2.18% | -2.16% | 4.42% | 4.79% | -6.48% | -4.38% | -4.39% | 6.60% | 5.13% | 7.37% |
| 2022 | 0.32% | -5.31% | -2.32% | -7.37% | 1.38% | -4.51% | 0.32% | -1.23% | -11.23% | -4.71% | 20.37% | -1.42% | -17.23% |
| 2021 | 3.46% | 1.21% | -3.53% | 1.52% | 0.42% | -0.23% | -5.51% | 1.19% | -4.89% | 1.75% | -6.06% | 2.04% | -8.88% |
Benchmark Metrics
SIT Developing Markets Growth Fund has an annualized alpha of -0.75%, beta of 0.80, and R2 of 0.52 versus S&P 500 Index. Calculated based on daily prices since January 03, 1995.
- This fund participated in 108.97% of S&P 500 Index downside but only 93.60% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.75%
- Beta
- 0.80
- R²
- 0.52
- Upside Capture
- 93.60%
- Downside Capture
- 108.97%
Expense Ratio
SDMGX has a high expense ratio of 1.20%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SDMGX ranks 83 for risk / return — in the top 83% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SIT Developing Markets Growth Fund (SDMGX) and compare them to S&P 500 Index.
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.
| SDMGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.37 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.38 | 2.78 | +1.60 |
| Martin ratioReturn relative to average drawdown | 16.34 | 12.44 | +3.90 |
Dividends
Dividend History
SIT Developing Markets Growth Fund provided a 0.69% dividend yield over the last twelve months, with an annual payout of $0.20 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.71 | $0.32 | $0.37 | $0.40 | $0.05 | $0.30 | $0.24 | $0.25 | $0.03 | $0.37 |
Dividend yield | 0.69% | 0.87% | 4.13% | 2.03% | 2.44% | 2.13% | 0.26% | 1.75% | 1.67% | 1.45% | 0.27% | 3.13% |
Monthly Dividends
The table displays the monthly dividend distributions for SIT Developing Markets Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.71 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SIT Developing Markets Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SIT Developing Markets Growth Fund was 67.12%, occurring on Nov 20, 2008. Recovery took 3009 trading sessions.
The current SIT Developing Markets Growth Fund drawdown is 2.50%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -67.12%Nov 2008 | 1y 20d | 11y 11mo | 13y 7dNov 2007 - Nov 2020 |
2003 bear market2003 | -59.60%Mar 2003 | 3y 2d | 2y 9mo | 5y 10moMar 2000 - Jan 2006 |
1998 bear market1998 | -50.59%Oct 1998 | 1y 1mo | 1y 2mo | 2y 4moAug 1997 - Dec 1999 |
Bear market2022 | -44.63%Oct 2022 | 1y 8mo | 2y 10mo | 4y 6moFeb 2021 - Sep 2025 |
2006 bear market2006 | -23.83%Jun 2006 | 1mo 4d | 5mo 14d | 6mo 18dMay 2006 - Nov 2006 |
Drawdown Indicators
| SDMGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.12% | -56.78% | -10.34% |
Max Drawdown (1Y)Largest decline over 1 year | -13.00% | -9.10% | -3.90% |
Max Drawdown (3Y)Largest decline over 3 years | -18.90% | -18.90% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -39.52% | -25.43% | -14.09% |
Max Drawdown (10Y)Largest decline over 10 years | -44.63% | -33.92% | -10.71% |
Current DrawdownCurrent decline from peak | -2.50% | -1.80% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -23.57% | -10.71% | -12.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 2.03% | +1.45% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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