GIYIX vs. SUSAX
GIYIX (Guggenheim Ultra Short Duration Fund) and SUSAX (SEI Institutional Investments Trust Ultra Short Duration Bond Fund) are both Ultrashort Bond funds. Over the past 5 years, GIYIX returned 3.88%/yr vs 3.05%/yr for SUSAX. Their 0.51 correlation means they have sometimes moved together and sometimes differently. GIYIX charges 0.34%/yr vs 0.22%/yr for SUSAX.
Performance
GIYIX vs. SUSAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GIYIX achieves a 1.91% return, which is significantly higher than SUSAX's 1.50% return.
GIYIX
- 1D
- 0.00%
- 1M
- -0.10%
- 6M
- 1.43%
- YTD
- 1.91%
- 1Y
- 3.99%
- 3Y*
- 5.68%
- 5Y*
- 3.88%
- 10Y*
- —
- ALL TIME*
- 3.14%
SUSAX
- 1D
- 0.00%
- 1M
- -0.10%
- 6M
- 1.14%
- YTD
- 1.50%
- 1Y
- 3.52%
- 3Y*
- 4.64%
- 5Y*
- 3.05%
- 10Y*
- 2.52%
- ALL TIME*
- 1.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GIYIX vs. SUSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GIYIX Guggenheim Ultra Short Duration Fund | 1.91% | 5.20% | 7.04% | 6.81% | -1.19% | 0.17% | 1.78% | 2.45% | 0.16% |
SUSAX SEI Institutional Investments Trust Ultra Short Duration Bond Fund | 1.50% | 5.09% | 5.31% | 5.00% | -1.44% | 0.17% | 2.06% | 3.55% | 0.14% |
Correlation
The correlation between GIYIX and SUSAX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2018 | 0.51 |
The correlation between GIYIX and SUSAX shifts across timeframes, from 0.42 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GIYIX vs. SUSAX — Risk / Return Rank
GIYIX
SUSAX
GIYIX vs. SUSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Ultra Short Duration Fund (GIYIX) and SEI Institutional Investments Trust Ultra Short Duration Bond Fund (SUSAX). 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.
| GIYIX | SUSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +2.11 | ||
| Omega ratioGain probability vs. loss probability | 2.93 | 2.35 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 11.40 | 8.29 | +3.11 |
| Martin ratioReturn relative to average drawdown | 53.73 | 36.98 | +16.75 |
Loading charts...
Drawdowns
GIYIX vs. SUSAX - Drawdown Comparison
The maximum GIYIX drawdown since its inception was -3.50%, smaller than the maximum SUSAX drawdown of -4.28%. Use the drawdown chart below to compare losses from any high point for GIYIX and SUSAX.
Loading charts...
Drawdown Indicators
| GIYIX | SUSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.50% | -4.28% | +0.78% |
Max Drawdown (1Y)Largest decline over 1 year | -0.40% | -0.50% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -0.40% | -0.50% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -3.15% | -2.72% | -0.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.28% | — |
Current DrawdownCurrent decline from peak | -0.10% | -0.10% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.34% | -0.22% | -0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.08% | 0.11% | -0.03% |
Volatility
GIYIX vs. SUSAX - Volatility Comparison
Guggenheim Ultra Short Duration Fund (GIYIX) and SEI Institutional Investments Trust Ultra Short Duration Bond Fund (SUSAX) have volatilities of 0.27% and 0.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GIYIX | SUSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.27% | 0.27% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 0.98% | 1.04% | -0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.44% | 1.46% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.53% | 1.42% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.43% | 1.30% | +0.13% |
GIYIX vs. SUSAX - Expense Ratio Comparison
GIYIX has a 0.34% expense ratio, which is higher than SUSAX's 0.22% expense ratio.
Dividends
GIYIX vs. SUSAX - Dividend Comparison
GIYIX's dividend yield for the trailing twelve months is around 4.01%, more than SUSAX's 3.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIYIX Guggenheim Ultra Short Duration Fund | 4.01% | 4.35% | 5.15% | 4.38% | 1.67% | 0.78% | 1.45% | 2.52% | 0.56% | 0.00% | 0.00% | 0.00% |
SUSAX SEI Institutional Investments Trust Ultra Short Duration Bond Fund | 3.97% | 4.55% | 4.44% | 3.02% | 1.19% | 0.78% | 1.53% | 2.98% | 2.48% | 1.75% | 1.43% | 1.15% |
Frequently Asked Questions
GIYIX and SUSAX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SUSAX has higher volatility (0.27%) compared to GIYIX (0.27%). In terms of maximum drawdown, GIYIX dropped -3.50% vs SUSAX's -4.28%.
GIYIX currently has the higher Sharpe Ratio (3.15 vs 2.83), 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.
Find the right allocation for GIYIX and SUSAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer