SRAAX Alternatives & Similar Mutual Funds

SEI Institutional Managed Trust Real Return Fund (SRAAX) belongs to the Inflation-Protected Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SRAAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SRAAX

SRAAX charges 0.45% annually. There are 31 mutual funds in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
RRPAX	SEI Institutional Investments Trust Real Return Fu...	0.02%	—	Dec 2006	SRAAX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	SRAAX vs VTSPX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	SRAAX vs FIPDX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	SRAAX vs SWRSX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	SRAAX vs FSPWX

Best Risk-Adjusted Alternatives to SRAAX

SRAAX has a PortfoliosLab risk / return rank of 60. There are 12 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	89	—	Oct 2012	SRAAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	89	70.50B	Oct 2012	SRAAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	88	—	Oct 2012	SRAAX vs VTIPX
IPBAX	Allspring Real Return Fund	87	—	Feb 2003	SRAAX vs IPBAX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	86	—	Jan 2022	SRAAX vs FSTZX

Top Performing SRAAX Alternatives (YTD)

SRAAX is at 1.06% YTD. There are 26 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 12.87%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	12.87%	—	Feb 2003	SRAAX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	5.53%	—	Jul 2011	SRAAX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.75%	—	May 2021	SRAAX vs DFAAX
VCTPX	VALIC Company I Inflation Protected Fund	2.00%	—	Dec 2004	SRAAX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	1.99%	—	Apr 2007	SRAAX vs IBRIX

Lowest Volatility Alternatives to SRAAX

SRAAX has 1.88% 1-year volatility. There are 7 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.56%.

Symbol	Name	Volatility 1Y	AUM	Inception
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	1.56%	—	Oct 2012	SRAAX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	SRAAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	70.50B	Oct 2012	SRAAX vs VTAPX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.62%	—	Mar 2010	SRAAX vs EIRRX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.62%	—	Mar 2010	SRAAX vs EARRX

Lowest Drawdown Alternatives to SRAAX

SRAAX has a 1-year max drawdown of -0.91%. There are 9 mutual funds in the Inflation-Protected Bonds category with shallower 1-year drawdowns, going as shallow as -0.70%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	-0.70%	—	Jan 2022	SRAAX vs FSTZX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	SRAAX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	SRAAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	70.50B	Oct 2012	SRAAX vs VTAPX
APOIX	American Century Short Duration Inflation Protecti...	-0.76%	1.19B	May 2005	SRAAX vs APOIX

Other Mutual Funds from SEI

The 10 most viewed SEI mutual funds shown here include ENIAX, STDAX, SGYAX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ENIAX	SEI Institutional Investments Trust Opportunistic ...	Ultrashort Bond	99	1.65%	—	Dec 2006	SRAAX vs ENIAX
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	Diversified Portfolio	99	1.48%	—	Nov 2003	SRAAX vs STDAX
SGYAX	SEI Institutional Investments Trust High Yield Bon...	High Yield Bonds	60	1.29%	—	Dec 2005	SRAAX vs SGYAX
SEATX	SEI Tax Exempt Trust Tax-Advantaged Income Fund	Intermediate Core-Plus Bond	48	2.33%	—	Sep 2007	SRAAX vs SEATX
SDLAX	SEI Institutional Investments Trust Dynamic Asset ...	Large Cap Blend Equities	54	8.79%	—	Jul 2010	SRAAX vs SDLAX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Diversified	87	28.97%	—	Jan 1995	SRAAX vs SIEMX
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	S&P 500	67	10.16%	—	Dec 2013	SRAAX vs SPINX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	Diversified Portfolio	62	2.10%	—	Nov 2003	SRAAX vs SICIX
SEITX	SEI Institutional International Trust Internationa...	Foreign Large Cap Equities	50	10.89%	—	Dec 1989	SRAAX vs SEITX
CAVAX	SEI Catholic Values Trust Catholic Values Equity F...	Large Cap Blend Equities	45	8.61%	—	Apr 2015	SRAAX vs CAVAX

Often Compared With SRAAX

Investors most often compare SRAAX with VOO, LIFAX, BIIPX. These 11 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	68	9.75%	1.70T	Sep 2010	SRAAX vs VOO
LIFAX	Lord Abbett Inflation Focused Fund Class A	Inflation-Protected Bonds	68	1.00%	—	Jun 2015	SRAAX vs LIFAX
BIIPX	iShares Short-Term TIPS Bond Index Fund	Inflation-Protected Bonds	55	0.82%	—	Feb 2016	SRAAX vs BIIPX
SPIIX	SEI S&P 500 Index Fund Class I	Large Cap Blend Equities	61	9.79%	—	Jun 2002	SRAAX vs SPIIX
SMSAX	SEI Institutional Managed Trust Multi-Strategy Alt...	Multistrategy	90	7.53%	—	Mar 2010	SRAAX vs SMSAX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	Inflation-Protected Bonds	—	—	—	Nov 2025	SRAAX vs FFNYX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	74	1.17%	—	Apr 2011	SRAAX vs LIFIX
SEIMX	SEI Tax Exempt Trust Intermediate-Term Municipal F...	Municipal Bonds	66	1.27%	—	Sep 1989	SRAAX vs SEIMX
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	16	1.12%	—	Sep 2006	SRAAX vs TRBFX
SBDAX	SEI Tax Exempt Trust California Municipal Bond Fun...	Municipal Bonds	54	0.27%	—	Aug 1998	SRAAX vs SBDAX
LDRAX	SEI Institutional Investments Trust Long Duration ...	Long-Term Bond	10	0.95%	—	Apr 2004	SRAAX vs LDRAX

Compare SRAAX with Any Fund or Stock

Compare SRAAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SRAAX with funds that move differently

SEI Institutional Managed Trust Real Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SRAAX.

Explore SRAAX Diversifiers

SEI Institutional Managed Trust Real Return Fund (SRAAX) Alternatives