SEI Institutional Managed Trust Real Estate Fund (SETAX) belongs to the REIT category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SETAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SETAX
SETAX charges 1.14% annually. There are 77 mutual funds in the REIT category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Real Estate Index Fund | 0.07% | — | Aug 2011 | SETAX vs FSRNX | |
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | SETAX vs FESIX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | SETAX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.10% | 69.80B | Dec 2003 | SETAX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | SETAX vs VGRNX |
Best Risk-Adjusted Alternatives to SETAX
SETAX has a PortfoliosLab risk / return rank of 32. There are 39 mutual funds in the REIT category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 100 | — | Jun 2023 | SETAX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | SETAX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 90 | — | Oct 2011 | SETAX vs FSREX | |
| Fidelity Real Estate Income Fund | 72 | — | Feb 2003 | SETAX vs FRIFX | |
| Delaware Ivy Securian Real Estate Securities Fund | 72 | — | Feb 1999 | SETAX vs IRSAX |
Top Performing SETAX Alternatives (YTD)
SETAX is at 15.63% YTD. There are 17 mutual funds in the REIT category with higher YTD returns, going as high as 20.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 20.24% | — | Dec 2010 | SETAX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 19.18% | — | Dec 1998 | SETAX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 18.89% | — | Jan 1989 | SETAX vs IVRSX | |
| Columbia Real Estate Equity Fund | 18.78% | — | Apr 1994 | SETAX vs CREEX | |
| Delaware Ivy Securian Real Estate Securities Fund | 18.60% | — | Feb 1999 | SETAX vs IRSAX |
Lowest Volatility Alternatives to SETAX
SETAX has 13.71% 1-year volatility. There are 65 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.44% | — | Jun 2023 | SETAX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | SETAX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.46% | — | Oct 2011 | SETAX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.71% | — | Jun 2014 | SETAX vs GRIFX | |
| Fidelity Real Estate Income Fund | 4.23% | — | Feb 2003 | SETAX vs FRIFX |
Lowest Drawdown Alternatives to SETAX
SETAX has a 1-year max drawdown of -7.80%. There are 27 mutual funds in the REIT category with shallower 1-year drawdowns, going as shallow as -0.04%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | -0.04% | — | Jun 2023 | SETAX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | SETAX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | SETAX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | SETAX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | SETAX vs FRIFX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 40 | 14.87% | — | Sep 2021 | SETAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 68 | 11.30% | — | Jul 1993 | SETAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.80% | — | Dec 2012 | SETAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 68 | 12.25% | — | May 2011 | SETAX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.70% | — | Dec 1991 | SETAX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 55 | 9.82% | — | Jul 2010 | SETAX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 43 | 6.43% | — | Aug 2005 | SETAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 41 | 31.15% | — | Apr 2000 | SETAX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 80 | 7.36% | — | Oct 2007 | SETAX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 76 | 13.91% | — | Sep 1999 | SETAX vs FAMRX |
Often Compared With SETAX
Investors most often compare SETAX with SPHD, FIKLX, IRFIX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SETAX with Any Fund or Stock
Compare SETAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SETAX with funds that move differently
SEI Institutional Managed Trust Real Estate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SETAX.
Explore SETAX Diversifiers