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SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund will invest at least 80% of its net assets in investment grade U.S. dollar-denominated fixed income instruments. It will primarily invest in U.S. and foreign corporate obligations, fixed income securities issued by sovereigns or agencies in both developed and emerging foreign markets, obligations of supranational entities, debt obligations, and securities. The fund may also invest in futures contracts, options on securities or indexes and swaps, including interest rate swaps, single security swaps, swaps on an index of securities or credit default swaps.

Looking to diversify beyond SLDAX? The mutual funds below have the lowest correlation with SLDAX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SLDAX.

Best Diversifiers for SLDAX

2 mutual funds have low correlation with SLDAX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of 0.20, roughly unchanged from 0.24 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ENIAX
SEI Institutional Investments Trust Opportunistic ...0.200.270.24
99
Ultrashort BondSLDAX vs ENIAX
SIEMX
SEI Institutional International Trust Emerging Mar...0.270.180.11
87
Emerging Markets DiversifiedSLDAX vs SIEMX
SDLAX
SEI Institutional Investments Trust Dynamic Asset ...0.350.210.13
54
Large Cap Blend EquitiesSLDAX vs SDLAX
SPINX
SEI Institutional Investments Trust S&P 500 Index ...0.360.260.18
67
S&P 500SLDAX vs SPINX
SPIIX
SEI S&P 500 Index Fund Class I0.360.270.18
61
Large Cap Blend EquitiesSLDAX vs SPIIX
See all 12 diversifiers for SLDAX

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