SEI Daily Income Ultra Short Duration Bond Fund (SECPX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SECPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SECPX
SECPX charges 0.38% annually. There are 34 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | SECPX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | SECPX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | SECPX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | SECPX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | SECPX vs DFYGX |
Best Risk-Adjusted Alternatives to SECPX
SECPX has a PortfoliosLab risk / return rank of 97. There are 50 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | SECPX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | SECPX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | SECPX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | SECPX vs PAIPX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | — | Dec 2013 | SECPX vs BUBIX |
Top Performing SECPX Alternatives (YTD)
SECPX is at 1.10% YTD. There are 50 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.15% | — | Dec 2010 | SECPX vs SEMRX | |
| PIMCO Short Term Fund | 2.03% | — | Oct 1987 | SECPX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | SECPX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 1.77% | — | Dec 2006 | SECPX vs ENIAX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 1.77% | — | Mar 2016 | SECPX vs TSDUX |
Lowest Volatility Alternatives to SECPX
SECPX has 1.45% 1-year volatility. There are 45 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.58% | — | Mar 2017 | SECPX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.62% | — | Mar 2019 | SECPX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | SECPX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.67% | — | Sep 1987 | SECPX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | — | Dec 2013 | SECPX vs BUBIX |
Lowest Drawdown Alternatives to SECPX
SECPX has a 1-year max drawdown of -0.53%. There are 46 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | SECPX vs UGSDX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | SECPX vs PAIPX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | SECPX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | SECPX vs NUSIX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | SECPX vs TMPFX |
Other Mutual Funds from SEI
The 10 most viewed SEI mutual funds shown here include STDAX, SGYAX, SEATX and span 8 categories.
Often Compared With SECPX
Investors most often compare SECPX with VOO, BUSIX, SPIIX. These 14 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare SECPX with Any Fund or Stock
Compare SECPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SECPX with funds that move differently
SEI Daily Income Ultra Short Duration Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SECPX.
Explore SECPX Diversifiers