SEGMX Alternatives & Similar Mutual Funds

SEI Daily Income Trust GNMA Fund (SEGMX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SEGMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SEGMX

SEGMX charges 0.63% annually. There are 64 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	SEGMX vs GUSTX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	0.03%	—	Oct 2015	SEGMX vs FBLTX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	SEGMX vs FNBGX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	SEGMX vs FUAMX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	SEGMX vs FUMBX

Best Risk-Adjusted Alternatives to SEGMX

SEGMX has a PortfoliosLab risk / return rank of 28. There are 29 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	SEGMX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	SEGMX vs GUSTX
MDSIX	Integrity Short Term Government Fund	88	—	Jun 2011	SEGMX vs MDSIX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	82	—	Aug 2010	SEGMX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	80	33.90B	Dec 2009	SEGMX vs VSBSX

Top Performing SEGMX Alternatives (YTD)

SEGMX is at 0.66% YTD. There are 15 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.92%.

Symbol	Name	YTD Return	AUM	Inception
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	1.92%	6.60B	Feb 2015	SEGMX vs VGIVX
MDSIX	Integrity Short Term Government Fund	1.88%	—	Jun 2011	SEGMX vs MDSIX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	1.84%	6.60B	May 2013	SEGMX vs VGAVX
FEUGX	Federated Hermes Adjustable Rate Fund	1.82%	—	Dec 1985	SEGMX vs FEUGX
DFFGX	DFA Short-Term Government Portfolio	1.38%	—	May 1987	SEGMX vs DFFGX

Lowest Volatility Alternatives to SEGMX

SEGMX has 4.02% 1-year volatility. There are 61 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.24%.

Symbol	Name	Volatility 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	1.24%	—	Mar 2009	SEGMX vs GUSTX
DFFGX	DFA Short-Term Government Portfolio	1.26%	—	May 1987	SEGMX vs DFFGX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.30%	—	Aug 2010	SEGMX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.30%	33.90B	Dec 2009	SEGMX vs VSBSX
FEUGX	Federated Hermes Adjustable Rate Fund	1.41%	—	Dec 1985	SEGMX vs FEUGX

Lowest Drawdown Alternatives to SEGMX

SEGMX has a 1-year max drawdown of -2.98%. There are 39 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	SEGMX vs GUSTX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	SEGMX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	SEGMX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	SEGMX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.90B	Dec 2009	SEGMX vs VSBSX

Other Mutual Funds from SEI

The 10 most viewed SEI mutual funds shown here include ENIAX, STDAX, SGYAX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ENIAX	SEI Institutional Investments Trust Opportunistic ...	Ultrashort Bond	99	1.77%	—	Dec 2006	SEGMX vs ENIAX
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	Diversified Portfolio	99	1.48%	—	Nov 2003	SEGMX vs STDAX
SGYAX	SEI Institutional Investments Trust High Yield Bon...	High Yield Bonds	57	1.15%	—	Dec 2005	SEGMX vs SGYAX
SEATX	SEI Tax Exempt Trust Tax-Advantaged Income Fund	Intermediate Core-Plus Bond	46	2.21%	—	Sep 2007	SEGMX vs SEATX
SDLAX	SEI Institutional Investments Trust Dynamic Asset ...	Large Cap Blend Equities	44	6.54%	—	Jul 2010	SEGMX vs SDLAX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Diversified	79	23.37%	—	Jan 1995	SEGMX vs SIEMX
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	S&P 500	55	8.19%	—	Dec 2013	SEGMX vs SPINX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	Diversified Portfolio	57	1.92%	—	Nov 2003	SEGMX vs SICIX
SEITX	SEI Institutional International Trust Internationa...	Foreign Large Cap Equities	48	9.03%	—	Dec 1989	SEGMX vs SEITX
CAVAX	SEI Catholic Values Trust Catholic Values Equity F...	Large Cap Blend Equities	37	6.78%	—	Apr 2015	SEGMX vs CAVAX

Often Compared With SEGMX

Investors most often compare SEGMX with VKMGX, HLGAX, SNGVX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VKMGX	InvescoQuality IncomeFund	Government Bonds	27	0.26%	—	May 1984	SEGMX vs VKMGX
HLGAX	JPMorgan Government Bond Fund	Government Bonds	14	-0.17%	—	Feb 1993	SEGMX vs HLGAX
SNGVX	SIT U.S. Government Securities Fund	Government Bonds	24	0.41%	—	Jun 1987	SEGMX vs SNGVX
TWUSX	American Century Short-Term Government Fund	Government Bonds	56	0.14%	185.08M	Dec 1982	SEGMX vs TWUSX
SGVIX	Allspring Government Securities Fund	Government Bonds	18	0.05%	—	Aug 1999	SEGMX vs SGVIX
SEIMX	SEI Tax Exempt Trust Intermediate-Term Municipal F...	Municipal Bonds	66	1.18%	—	Sep 1989	SEGMX vs SEIMX
MFGSX	MFS Government Securities Fund	Government Bonds	13	-0.27%	—	Jul 1984	SEGMX vs MFGSX
SBDAX	SEI Tax Exempt Trust California Municipal Bond Fun...	Municipal Bonds	54	0.18%	—	Aug 1998	SEGMX vs SBDAX
FGMNX	Fidelity GNMA Fund	Government Bonds	36	0.99%	—	Nov 1985	SEGMX vs FGMNX
PYGNX	Payden GNMA Fund	Government Bonds	27	0.73%	—	Aug 1999	SEGMX vs PYGNX
WHOSX	Wasatch-Hoisington U.S. Treasury Fund	Government Bonds	4	-1.05%	—	Dec 1986	SEGMX vs WHOSX
DPIGX	Dupree Intermediate Government Bond Series	Government Bonds	23	-0.28%	—	Jul 1992	SEGMX vs DPIGX
PDMIX	PIMCO GNMA and Government Securities Fund	Government Bonds	28	1.02%	—	Jul 1997	SEGMX vs PDMIX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	Government Bonds	11	-0.05%	—	Mar 2016	SEGMX vs FUTBX
SFITX	State Farm Interim Fund	Government Bonds	26	-0.22%	—	Oct 1977	SEGMX vs SFITX
SPIIX	SEI S&P 500 Index Fund Class I	Large Cap Blend Equities	51	7.81%	—	Jun 2002	SEGMX vs SPIIX
FTGSX	Federated Hermes Total Return Government Bd Fd	Government Bonds	15	-0.46%	—	Oct 1995	SEGMX vs FTGSX
NEFLX	Loomis Sayles Limited Term Government And Agency F...	Government Bonds	48	0.18%	—	Jan 1989	SEGMX vs NEFLX
FIGTX	Federated Hermes Short-Intermediate Government Fun...	Government Bonds	14	-0.51%	—	Feb 1983	SEGMX vs FIGTX
PEDIX	PIMCO Extended Duration Fund	Government Bonds	6	1.01%	—	Aug 2006	SEGMX vs PEDIX

Compare SEGMX with Any Fund or Stock

Compare SEGMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SEGMX with funds that move differently

SEI Daily Income Trust GNMA Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SEGMX.

Explore SEGMX Diversifiers

SEI Daily Income Trust GNMA Fund (SEGMX) Alternatives