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ENIAX vs. HICOX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ENIAX and HICOX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

ENIAX vs. HICOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) and Colorado Bond Shares A Tax Exempt Fund (HICOX). The values are adjusted to include any dividend payments, if applicable.

40.00%50.00%60.00%70.00%80.00%90.00%100.00%110.00%December2025FebruaryMarchAprilMay
42.68%
103.32%
ENIAX
HICOX

Key characteristics

Sharpe Ratio

ENIAX:

2.43

HICOX:

1.38

Sortino Ratio

ENIAX:

2.69

HICOX:

1.81

Omega Ratio

ENIAX:

2.62

HICOX:

1.33

Calmar Ratio

ENIAX:

2.36

HICOX:

1.51

Martin Ratio

ENIAX:

10.42

HICOX:

5.97

Ulcer Index

ENIAX:

0.50%

HICOX:

0.93%

Daily Std Dev

ENIAX:

2.16%

HICOX:

4.03%

Max Drawdown

ENIAX:

-30.62%

HICOX:

-8.07%

Current Drawdown

ENIAX:

-0.99%

HICOX:

-2.04%

Returns By Period

In the year-to-date period, ENIAX achieves a 0.13% return, which is significantly higher than HICOX's -0.30% return. Over the past 10 years, ENIAX has underperformed HICOX with an annualized return of 3.84%, while HICOX has yielded a comparatively higher 4.09% annualized return.


ENIAX

YTD

0.13%

1M

1.27%

6M

1.16%

1Y

5.12%

5Y*

5.33%

10Y*

3.84%

HICOX

YTD

-0.30%

1M

-0.47%

6M

1.15%

1Y

5.13%

5Y*

4.48%

10Y*

4.09%

*Annualized

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ENIAX vs. HICOX - Expense Ratio Comparison

ENIAX has a 0.23% expense ratio, which is lower than HICOX's 0.55% expense ratio.


Risk-Adjusted Performance

ENIAX vs. HICOX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENIAX
The Risk-Adjusted Performance Rank of ENIAX is 9595
Overall Rank
The Sharpe Ratio Rank of ENIAX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of ENIAX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of ENIAX is 9999
Omega Ratio Rank
The Calmar Ratio Rank of ENIAX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of ENIAX is 9494
Martin Ratio Rank

HICOX
The Risk-Adjusted Performance Rank of HICOX is 8787
Overall Rank
The Sharpe Ratio Rank of HICOX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of HICOX is 8383
Sortino Ratio Rank
The Omega Ratio Rank of HICOX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HICOX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of HICOX is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ENIAX vs. HICOX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) and Colorado Bond Shares A Tax Exempt Fund (HICOX). 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.


The current ENIAX Sharpe Ratio is 2.43, which is higher than the HICOX Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of ENIAX and HICOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.00December2025FebruaryMarchAprilMay
2.39
1.28
ENIAX
HICOX

Dividends

ENIAX vs. HICOX - Dividend Comparison

ENIAX's dividend yield for the trailing twelve months is around 6.59%, more than HICOX's 5.51% yield.


TTM20242023202220212020201920182017201620152014
ENIAX
SEI Institutional Investments Trust Opportunistic Income Fund
6.59%6.78%7.08%4.07%2.67%4.06%4.32%3.97%3.01%2.76%2.55%2.56%
HICOX
Colorado Bond Shares A Tax Exempt Fund
5.51%5.46%5.01%4.27%3.84%4.00%3.79%4.13%4.24%4.73%3.78%4.51%

Drawdowns

ENIAX vs. HICOX - Drawdown Comparison

The maximum ENIAX drawdown since its inception was -30.62%, which is greater than HICOX's maximum drawdown of -8.07%. Use the drawdown chart below to compare losses from any high point for ENIAX and HICOX. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%December2025FebruaryMarchAprilMay
-0.99%
-2.04%
ENIAX
HICOX

Volatility

ENIAX vs. HICOX - Volatility Comparison

The current volatility for SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) is 0.43%, while Colorado Bond Shares A Tax Exempt Fund (HICOX) has a volatility of 2.36%. This indicates that ENIAX experiences smaller price fluctuations and is considered to be less risky than HICOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%December2025FebruaryMarchAprilMay
0.43%
2.36%
ENIAX
HICOX