SEI Institutional Investments Trust High Yield Bond Fund (SGYAX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SGYAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SGYAX
SGYAX charges 0.56% annually. There are 21 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | SGYAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | SGYAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | SGYAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | SGYAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | SGYAX vs CRDOX |
Best Risk-Adjusted Alternatives to SGYAX
SGYAX has a PortfoliosLab risk / return rank of 63. There are 131 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | SGYAX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | SGYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | SGYAX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | SGYAX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | SGYAX vs CWFIX |
Top Performing SGYAX Alternatives (YTD)
SGYAX is at 1.59% YTD. There are 107 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | SGYAX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | SGYAX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | SGYAX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | SGYAX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | SGYAX vs FAHYX |
Lowest Volatility Alternatives to SGYAX
SGYAX has 3.43% 1-year volatility. There are 125 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | SGYAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | SGYAX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | SGYAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | SGYAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | SGYAX vs OSTIX |
Lowest Drawdown Alternatives to SGYAX
SGYAX has a 1-year max drawdown of -2.77%. There are 145 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | SGYAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | SGYAX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | SGYAX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | SGYAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | SGYAX vs SCFIX |
Other Mutual Funds from SEI
The 10 most viewed SEI mutual funds shown here include ENIAX, STDAX, SEATX and span 8 categories.
Often Compared With SGYAX
Investors most often compare SGYAX with AGG, BRHYX, VOO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare SGYAX with Any Fund or Stock
Compare SGYAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SGYAX with funds that move differently
SEI Institutional Investments Trust High Yield Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SGYAX.
Explore SGYAX Diversifiers