CBAAX vs. SIFAX

Last updated Aug 1, 2026

CBAAX (American Funds Moderate Growth and Income Portfolio) and SIFAX (SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund) are both Diversified Portfolio funds. Over the past 10 years, CBAAX returned 8.82%/yr vs 3.71%/yr for SIFAX. Their 0.32 correlation means their historical movements had little consistent relationship. CBAAX charges 0.35%/yr vs 0.90%/yr for SIFAX.

Performance

CBAAX vs. SIFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Moderate Growth and Income Portfolio (CBAAX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CBAAX achieves a 6.66% return, which is significantly lower than SIFAX's 9.09% return. Over the past 10 years, CBAAX has outperformed SIFAX with an annualized return of 8.82%, while SIFAX has yielded a comparatively lower 3.71% annualized return.

CBAAX

• 1D: 1.10%
• 1M: -0.61%
• 6M: 4.04%
• YTD: 6.66%
• 1Y: 14.78%
• 3Y*: 12.97%
• 5Y*: 7.20%
• 10Y*: 8.82%
• ALL TIME*: 9.04%

SIFAX

• 1D: -0.35%
• 1M: 3.10%
• 6M: 5.37%
• YTD: 9.09%
• 1Y: 12.49%
• 3Y*: 7.16%
• 5Y*: 5.81%
• 10Y*: 3.71%
• ALL TIME*: 1.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CBAAX American Funds Moderate Growth and Income Portfolio	$0.00	$0.00	$0.00
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	$0.00	$0.00	$0.00

CBAAX vs. SIFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CBAAX American Funds Moderate Growth and Income Portfolio	6.66%	16.62%	11.27%	13.82%	-13.58%	13.79%	13.20%	19.42%	-4.63%	16.65%
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	9.09%	7.82%	4.08%	-1.74%	8.48%	10.83%	-1.59%	5.68%	-3.64%	-1.96%

Correlation

The correlation between CBAAX and SIFAX is -0.19, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.19
Correlation (3Y) Balances recent behavior with more history.	-0.00
Correlation (5Y) Shows whether the relationship held over a longer period.	0.15
Correlation (10Y) Provides a long-term view across more market conditions.	0.27
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.32

The correlation between CBAAX and SIFAX shifts across timeframes, from -0.19 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CBAAX vs. SIFAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CBAAX

CBAAX Risk / Return Rank: 58
CBAAX Sharpe Ratio Rank: 60
CBAAX Sortino Ratio Rank: 59
CBAAX Omega Ratio Rank: 61
CBAAX Calmar Ratio Rank: 49
CBAAX Martin Ratio Rank: 63

SIFAX

SIFAX Risk / Return Rank: 83
SIFAX Sharpe Ratio Rank: 87
SIFAX Sortino Ratio Rank: 86
SIFAX Omega Ratio Rank: 83
SIFAX Calmar Ratio Rank: 82
SIFAX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CBAAX vs. SIFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Moderate Growth and Income Portfolio (CBAAX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CBAAX	SIFAX	Difference
Sharpe ratio: Return per unit of total volatility	1.51	2.14	-0.62
Sortino ratio: Return per unit of downside risk	2.16	3.11	-0.95
Omega ratio: Gain probability vs. loss probability	1.28	1.39	-0.11
Calmar ratio: Return relative to maximum drawdown	1.89	2.75	-0.87
Martin ratio: Return relative to average drawdown	8.18	9.39	-1.21

CBAAX vs. SIFAX - Sharpe Ratio Comparison

The current CBAAX Sharpe Ratio is 1.51, which is comparable to the SIFAX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of CBAAX and SIFAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CBAAX vs. SIFAX - Drawdown Comparison

The maximum CBAAX drawdown since its inception was -23.16%, roughly equal to the maximum SIFAX drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for CBAAX and SIFAX.

Drawdown Indicators

	CBAAX	SIFAX	Difference
Max Drawdown Largest peak-to-trough decline	-23.16%	-23.62%	+0.46%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	-4.47%	-2.84%
Max Drawdown (3Y) Largest decline over 3 years	-10.62%	-4.47%	-6.15%
Max Drawdown (5Y) Largest decline over 5 years	-20.72%	-8.32%	-12.40%
Max Drawdown (10Y) Largest decline over 10 years	-23.16%	-13.64%	-9.52%
Current Drawdown Current decline from peak	-1.12%	-0.92%	-0.20%
Average Drawdown Average peak-to-trough decline	-2.91%	-8.48%	+5.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	1.32%	+0.36%

Volatility

CBAAX vs. SIFAX - Volatility Comparison

American Funds Moderate Growth and Income Portfolio (CBAAX) has a higher volatility of 2.31% compared to SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) at 1.65%. This indicates that CBAAX's price experiences larger fluctuations and is considered to be riskier than SIFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CBAAX	SIFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.31%	1.65%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	7.46%	4.93%	+2.53%
Volatility (1Y) Calculated over the trailing 1-year period	9.11%	5.77%	+3.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.48%	5.65%	+4.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.80%	5.24%	+5.56%

CBAAX vs. SIFAX - Expense Ratio Comparison

CBAAX has a 0.35% expense ratio, which is lower than SIFAX's 0.90% expense ratio.

Dividends

CBAAX vs. SIFAX - Dividend Comparison

CBAAX's dividend yield for the trailing twelve months is around 5.54%, more than SIFAX's 4.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CBAAX American Funds Moderate Growth and Income Portfolio	5.54%	5.81%	3.56%	2.26%	5.97%	4.95%	2.54%	3.80%	4.65%	3.43%	3.59%	3.59%
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	4.17%	4.55%	3.25%	3.82%	11.90%	7.89%	1.45%	1.49%	1.90%	1.39%	1.15%	0.48%

Frequently Asked Questions

Can I hold both CBAAX and SIFAX in my portfolio?

CBAAX and SIFAX have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CBAAX or SIFAX?

CBAAX has higher volatility (2.31%) compared to SIFAX (1.65%). In terms of maximum drawdown, CBAAX dropped -23.16% vs SIFAX's -23.62%.

Which has better risk-adjusted returns?

SIFAX currently has the higher Sharpe Ratio (2.14 vs 1.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.