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SEI Institutional Investments Trust Small Cap II Fund (SECAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The investment seeks capital appreciation. The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities (including common and preferred stocks) of small companies, ETFs based on small capitalization indexes and securities of REITs. For purposes of this fund, a small company is a company with a market capitalization in the range of companies in the Russell 2000 Index at the time of purchase. It uses a multi-manager approach, relying upon one or more Sub-Advisers with differing investment philosophies to manage portions of the fund's portfolio under the general supervision of SIMC.

Looking to diversify beyond SECAX? The mutual funds below have the lowest correlation with SECAX — 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 SECAX.

Best Diversifiers for SECAX

3 mutual funds have low correlation with SECAX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) (Municipal Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.09 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SEIMX
SEI Tax Exempt Trust Intermediate-Term Municipal F...0.170.120.09
67
Municipal BondsSECAX vs SEIMX
SBDAX
SEI Tax Exempt Trust California Municipal Bond Fun...0.180.130.09
54
Municipal BondsSECAX vs SBDAX
ENIAX
SEI Institutional Investments Trust Opportunistic ...0.220.150.17
100
Ultrashort BondSECAX vs ENIAX
STDAX
SEI Asset Allocation Trust Defensive Strategy Allo...0.460.400.41
99
Diversified PortfolioSECAX vs STDAX
SGYAX
SEI Institutional Investments Trust High Yield Bon...0.460.480.49
63
High Yield BondsSECAX vs SGYAX
See all 32 diversifiers for SECAX

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