SEI Asset Allocation Trust Conservative Strategy Allocation Fund (SMGAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SMGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMGAX
SMGAX charges 0.35% annually. There are 110 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | SMGAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | SMGAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SMGAX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | SMGAX vs BWBIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | SMGAX vs FYMIX |
Best Risk-Adjusted Alternatives to SMGAX
SMGAX has a PortfoliosLab risk / return rank of 33. There are 489 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | SMGAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | SMGAX vs TIBIX | |
| Allspring Diversified Capital Builder Fund | 97 | — | Jan 1998 | SMGAX vs EKBAX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | SMGAX vs NWQIX | |
| Fidelity Strategic Real Return Fund Class K6 | 96 | — | Sep 2005 | SMGAX vs FSRKX |
Top Performing SMGAX Alternatives (YTD)
SMGAX is at 3.58% YTD. There are 476 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 36.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 36.56% | — | Jan 1998 | SMGAX vs EKBAX | |
| Greenspring Fund | 21.59% | — | Jun 1983 | SMGAX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 17.96% | — | Dec 2002 | SMGAX vs TIBIX | |
| MH Elite Small Cap Fund of Funds Fund | 17.65% | — | Aug 1998 | SMGAX vs MHELX | |
| Disciplined Growth Investors Fund | 17.45% | — | Aug 2011 | SMGAX vs DGIFX |
Lowest Volatility Alternatives to SMGAX
SMGAX has 4.75% 1-year volatility. There are 46 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | SMGAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.63% | — | Apr 2012 | SMGAX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | SMGAX vs SICIX | |
| Ave Maria Bond Fund | 2.93% | — | Apr 2003 | SMGAX vs AVEFX | |
| American Funds College 2027 Fund | 3.03% | — | Sep 2012 | SMGAX vs CSTAX |
Lowest Drawdown Alternatives to SMGAX
SMGAX has a 1-year max drawdown of -3.56%. There are 39 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | SMGAX vs STDAX | |
| Fidelity Strategic Real Return Fund Class K6 | -1.93% | — | Sep 2005 | SMGAX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.94% | — | Oct 2018 | SMGAX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.99% | — | Sep 2005 | SMGAX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -2.05% | — | Sep 2005 | SMGAX vs FSIRX |
Other Mutual Funds from SEI
The 10 most viewed SEI mutual funds shown here include ENIAX, SGYAX, SEATX and span 8 categories.
Often Compared With SMGAX
Investors most often compare SMGAX with DGTSX, BLNDX, LDRAX. These 7 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DFA Global Allocation 25/75 Portfolio | Diversified Portfolio | 89 | 4.30% | — | Dec 2003 | SMGAX vs DGTSX | |
| Standpoint Multi-Asset Fund Institutional | Diversified Portfolio | 75 | 17.17% | — | Dec 2019 | SMGAX vs BLNDX | |
| SEI Institutional Investments Trust Long Duration ... | Long-Term Bond | 12 | 0.60% | — | Apr 2004 | SMGAX vs LDRAX | |
| Fidelity Strategic Real Return Fund | Diversified Portfolio | 96 | 8.69% | — | Sep 2005 | SMGAX vs FSRRX | |
| Quantified Managed Income Fund | Diversified Portfolio | 7 | 0.25% | — | Aug 2013 | SMGAX vs QBDSX | |
| ICON Equity Income Fund | Diversified Portfolio | 70 | 13.83% | — | May 2004 | SMGAX vs IOEZX | |
| Sound Mind Investing Fund | Diversified Portfolio | 41 | 16.25% | — | Dec 2005 | SMGAX vs SMIFX |
Compare SMGAX with Any Fund or Stock
Compare SMGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMGAX with funds that move differently
SEI Asset Allocation Trust Conservative Strategy Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMGAX.
Explore SMGAX Diversifiers