Correlation
The correlation between ENIAX and DBSCX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
ENIAX vs. DBSCX
Compare and contrast key facts about SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) and Doubleline Selective Credit Fund (DBSCX).
ENIAX is managed by SEI. It was launched on Dec 13, 2006. DBSCX is managed by DoubleLine. It was launched on Aug 3, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENIAX or DBSCX.
Performance
ENIAX vs. DBSCX - Performance Comparison
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Key characteristics
ENIAX:
2.49
DBSCX:
3.60
ENIAX:
2.82
DBSCX:
5.22
ENIAX:
2.70
DBSCX:
1.70
ENIAX:
2.47
DBSCX:
5.89
ENIAX:
10.37
DBSCX:
17.96
ENIAX:
0.53%
DBSCX:
0.53%
ENIAX:
2.17%
DBSCX:
2.79%
ENIAX:
-30.62%
DBSCX:
-14.12%
ENIAX:
-0.37%
DBSCX:
0.00%
Returns By Period
In the year-to-date period, ENIAX achieves a 0.75% return, which is significantly lower than DBSCX's 3.36% return. Over the past 10 years, ENIAX has underperformed DBSCX with an annualized return of 3.89%, while DBSCX has yielded a comparatively higher 4.11% annualized return.
ENIAX
0.75%
0.88%
1.16%
5.38%
6.60%
5.09%
3.89%
DBSCX
3.36%
0.89%
3.07%
9.91%
4.95%
4.58%
4.11%
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ENIAX vs. DBSCX - Expense Ratio Comparison
ENIAX has a 0.23% expense ratio, which is higher than DBSCX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ENIAX vs. DBSCX — Risk-Adjusted Performance Rank
ENIAX
DBSCX
ENIAX vs. DBSCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) and Doubleline Selective Credit Fund (DBSCX). 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.
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Dividends
ENIAX vs. DBSCX - Dividend Comparison
ENIAX's dividend yield for the trailing twelve months is around 6.55%, less than DBSCX's 6.86% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund | 6.55% | 6.78% | 7.09% | 4.07% | 2.66% | 4.05% | 4.32% | 3.96% | 3.02% | 2.75% | 2.54% | 2.56% |
DBSCX Doubleline Selective Credit Fund | 6.86% | 7.10% | 6.77% | 6.68% | 4.68% | 4.67% | 6.05% | 7.45% | 9.04% | 9.75% | 9.53% | 2.40% |
Drawdowns
ENIAX vs. DBSCX - Drawdown Comparison
The maximum ENIAX drawdown since its inception was -30.62%, which is greater than DBSCX's maximum drawdown of -14.12%. Use the drawdown chart below to compare losses from any high point for ENIAX and DBSCX.
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Volatility
ENIAX vs. DBSCX - Volatility Comparison
The current volatility for SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) is 0.33%, while Doubleline Selective Credit Fund (DBSCX) has a volatility of 0.71%. This indicates that ENIAX experiences smaller price fluctuations and is considered to be less risky than DBSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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