ENIAX vs. SGOV
Compare and contrast key facts about SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
ENIAX is managed by SEI. It was launched on Dec 13, 2006. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENIAX or SGOV.
Correlation
The correlation between ENIAX and SGOV is 0.11, 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.
Performance
ENIAX vs. SGOV - Performance Comparison
Key characteristics
ENIAX:
3.98
SGOV:
22.29
ENIAX:
4.68
SGOV:
508.11
ENIAX:
4.17
SGOV:
509.11
ENIAX:
4.92
SGOV:
521.20
ENIAX:
27.31
SGOV:
8,273.84
ENIAX:
0.24%
SGOV:
0.00%
ENIAX:
1.68%
SGOV:
0.23%
ENIAX:
-30.62%
SGOV:
-0.03%
ENIAX:
-1.11%
SGOV:
0.00%
Returns By Period
In the year-to-date period, ENIAX achieves a 0.25% return, which is significantly higher than SGOV's 0.16% return.
ENIAX
0.25%
-0.99%
2.20%
6.55%
4.28%
3.84%
SGOV
0.16%
0.35%
2.47%
5.22%
N/A
N/A
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ENIAX vs. SGOV - Expense Ratio Comparison
ENIAX has a 0.23% expense ratio, which is higher than SGOV's 0.03% 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. SGOV — Risk-Adjusted Performance Rank
ENIAX
SGOV
ENIAX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Dividends
ENIAX vs. SGOV - Dividend Comparison
ENIAX's dividend yield for the trailing twelve months is around 5.36%, more than SGOV's 5.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund | 5.36% | 5.37% | 7.08% | 4.07% | 2.67% | 4.06% | 4.32% | 3.97% | 3.01% | 2.76% | 2.55% | 2.56% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.09% | 5.10% | 4.87% | 1.45% | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ENIAX vs. SGOV - Drawdown Comparison
The maximum ENIAX drawdown since its inception was -30.62%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for ENIAX and SGOV. For additional features, visit the drawdowns tool.
Volatility
ENIAX vs. SGOV - Volatility Comparison
SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) has a higher volatility of 1.41% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that ENIAX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.