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
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	SEGMX vs FNBGX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	SEGMX vs FUMBX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	Dec 2005	SEGMX vs FUAMX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	SEGMX vs FUTBX

Best Risk-Adjusted Alternatives to SEGMX

SEGMX has a PortfoliosLab risk / return rank of 27. There are 42 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
DFFGX	DFA Short-Term Government Portfolio	99	1.81B	May 1987	SEGMX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	SEGMX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	91	—	Aug 2010	SEGMX vs VSBIX
MDSIX	Integrity Short Term Government Fund	90	—	Jun 2011	SEGMX vs MDSIX

Top Performing SEGMX Alternatives (YTD)

SEGMX is at 0.33% YTD. There are 28 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.16%.

Symbol	Name	YTD Return	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	2.16%	—	Dec 1985	SEGMX vs FEUGX
MDSIX	Integrity Short Term Government Fund	2.09%	—	Jun 2011	SEGMX vs MDSIX
DFFGX	DFA Short-Term Government Portfolio	1.68%	1.81B	May 1987	SEGMX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.59%	—	Mar 2009	SEGMX vs GUSTX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	1.50%	6.60B	Feb 2015	SEGMX vs VGIVX

Lowest Volatility Alternatives to SEGMX

SEGMX has 4.00% 1-year volatility. There are 60 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 0.80%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	0.80%	1.81B	May 1987	SEGMX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.27%	—	Mar 2009	SEGMX vs GUSTX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.31%	33.90B	Dec 2009	SEGMX vs VSBSX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.31%	—	Aug 2010	SEGMX vs VSBIX
FEUGX	Federated Hermes Adjustable Rate Fund	1.36%	—	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
DFFGX	DFA Short-Term Government Portfolio	-0.30%	1.81B	May 1987	SEGMX vs DFFGX
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

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	2.01%	—	Dec 2006	SEGMX vs ENIAX
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	Diversified Portfolio	99	1.67%	—	Nov 2003	SEGMX vs STDAX
SGYAX	SEI Institutional Investments Trust High Yield Bon...	High Yield Bonds	56	1.37%	—	Dec 2005	SEGMX vs SGYAX
SEATX	SEI Tax Exempt Trust Tax-Advantaged Income Fund	Intermediate Core-Plus Bond	68	2.44%	—	Sep 2007	SEGMX vs SEATX
SDLAX	SEI Institutional Investments Trust Dynamic Asset ...	Large Cap Blend Equities	51	9.73%	—	Jul 2010	SEGMX vs SDLAX
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	S&P 500	66	10.86%	—	Dec 2013	SEGMX vs SPINX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	Diversified Portfolio	74	2.57%	—	Nov 2003	SEGMX vs SICIX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Diversified	73	20.82%	—	Jan 1995	SEGMX vs SIEMX
SEITX	SEI Institutional International Trust Internationa...	Foreign Large Cap Equities	58	11.04%	—	Dec 1989	SEGMX vs SEITX
CAVAX	SEI Catholic Values Trust Catholic Values Equity F...	Large Cap Blend Equities	44	9.20%	—	Apr 2015	SEGMX vs CAVAX

Often Compared With SEGMX

Investors most often compare SEGMX with VKMGX, SNGVX, FBLTX. 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	0.05%	—	May 1984	SEGMX vs VKMGX
SNGVX	SIT U.S. Government Securities Fund	Government Bonds	30	0.34%	—	Jun 1987	SEGMX vs SNGVX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	Government Bonds	6	-1.55%	—	Oct 2015	SEGMX vs FBLTX
HLGAX	JPMorgan Government Bond Fund	Government Bonds	17	-0.39%	—	Feb 1993	SEGMX vs HLGAX
SGVIX	Allspring Government Securities Fund	Government Bonds	21	-0.18%	—	Aug 1999	SEGMX vs SGVIX
TWUSX	American Century Short-Term Government Fund	Government Bonds	73	0.44%	185.08M	Dec 1982	SEGMX vs TWUSX
DPIGX	Dupree Intermediate Government Bond Series	Government Bonds	32	-0.01%	—	Jul 1992	SEGMX vs DPIGX
NEFLX	Loomis Sayles Limited Term Government And Agency F...	Government Bonds	71	0.45%	—	Jan 1989	SEGMX vs NEFLX
MFGSX	MFS Government Securities Fund	Government Bonds	14	-0.55%	—	Jul 1984	SEGMX vs MFGSX
SBDAX	SEI Tax Exempt Trust California Municipal Bond Fun...	Municipal Bonds	53	0.08%	—	Aug 1998	SEGMX vs SBDAX
FIGTX	Federated Hermes Short-Intermediate Government Fun...	Government Bonds	17	-0.41%	—	Feb 1983	SEGMX vs FIGTX
FGMNX	Fidelity GNMA Fund	Government Bonds	44	0.90%	—	Nov 1985	SEGMX vs FGMNX
SFITX	State Farm Interim Fund	Government Bonds	36	0.09%	—	Oct 1977	SEGMX vs SFITX
WHOSX	Wasatch-Hoisington U.S. Treasury Fund	Government Bonds	7	-0.78%	—	Dec 1986	SEGMX vs WHOSX
PYGNX	Payden GNMA Fund	Government Bonds	28	0.53%	—	Aug 1999	SEGMX vs PYGNX
SEIMX	SEI Tax Exempt Trust Intermediate-Term Municipal F...	Municipal Bonds	70	1.26%	—	Sep 1989	SEGMX vs SEIMX
SPIIX	SEI S&P 500 Index Fund Class I	Large Cap Blend Equities	59	10.43%	—	Jun 2002	SEGMX vs SPIIX
FTGSX	Federated Hermes Total Return Government Bd Fd	Government Bonds	17	-0.68%	—	Oct 1995	SEGMX vs FTGSX
PDMIX	PIMCO GNMA and Government Securities Fund	Government Bonds	32	0.72%	—	Jul 1997	SEGMX vs PDMIX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	Government Bonds	72	1.40%	6.60B	May 2013	SEGMX vs VGAVX

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