Looking to diversify beyond SEITX? The mutual funds below have historically moved differently from SEITX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SEITX
8 mutual funds have low correlation with SEITX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of -0.13, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | -0.13 | 0.03 | 0.12 | 86 | Inflation-Protected Bonds | SEITX vs SEIAX | |
| SEI Institutional Managed Trust Real Return Fund | 0.05 | 0.12 | 0.15 | 64 | Inflation-Protected Bonds | SEITX vs SRAAX | |
| SEI Institutional Investments Trust Real Return Fu... | 0.06 | 0.14 | 0.15 | 78 | Inflation-Protected Bonds | SEITX vs RRPAX | |
| SEI Daily Income Ultra Short Duration Bond Fund | 0.13 | 0.12 | 0.09 | 98 | Ultrashort Bond | SEITX vs SECPX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.17 | 0.13 | 0.22 | 100 | Ultrashort Bond | SEITX vs ENIAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SEITX
Add SEITX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SEITX