HCMKX vs. SICIX

Last updated Aug 1, 2026

HCMKX (HCM Income Plus Fund) and SICIX (SEI Asset Allocation Trust Conservative Strategy Fund) are both Diversified Portfolio funds. Over the past 5 years, HCMKX returned 7.72%/yr vs 3.16%/yr for SICIX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. HCMKX charges 2.10%/yr vs 0.51%/yr for SICIX.

Performance

HCMKX vs. SICIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCM Income Plus Fund (HCMKX) and SEI Asset Allocation Trust Conservative Strategy Fund (SICIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with HCMKX having a 3.06% return and SICIX slightly higher at 3.12%.

HCMKX

• 1D: 3.29%
• 1M: -4.14%
• 6M: 2.38%
• YTD: 3.06%
• 1Y: 14.48%
• 3Y*: 16.89%
• 5Y*: 7.72%
• 10Y*: —
• ALL TIME*: 10.00%

SICIX

• 1D: -0.09%
• 1M: 0.56%
• 6M: 1.92%
• YTD: 3.12%
• 1Y: 6.57%
• 3Y*: 6.28%
• 5Y*: 3.16%
• 10Y*: 3.38%
• ALL TIME*: 3.31%

*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)
HCMKX HCM Income Plus Fund	$0.00	$0.00	$0.00
SICIX SEI Asset Allocation Trust Conservative Strategy Fund	$0.00	$0.00	$0.00

HCMKX vs. SICIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HCMKX HCM Income Plus Fund	3.06%	15.06%	32.19%	20.68%	-24.98%	8.97%	39.45%	14.64%	-4.75%	5.72%
SICIX SEI Asset Allocation Trust Conservative Strategy Fund	3.12%	8.12%	5.52%	5.29%	-6.23%	4.13%	2.62%	9.36%	-2.07%	5.13%

Correlation

The correlation between HCMKX and SICIX is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.49
Correlation (5Y) Shows whether the relationship held over a longer period.	0.55
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.60

The correlation between HCMKX and SICIX shifts across timeframes, from 0.49 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HCMKX vs. SICIX — Risk / Return Rank

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

HCMKX

HCMKX Risk / Return Rank: 16
HCMKX Sharpe Ratio Rank: 14
HCMKX Sortino Ratio Rank: 14
HCMKX Omega Ratio Rank: 15
HCMKX Calmar Ratio Rank: 20
HCMKX Martin Ratio Rank: 18

SICIX

SICIX Risk / Return Rank: 85
SICIX Sharpe Ratio Rank: 92
SICIX Sortino Ratio Rank: 90
SICIX Omega Ratio Rank: 87
SICIX Calmar Ratio Rank: 76
SICIX 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.

HCMKX vs. SICIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCM Income Plus Fund (HCMKX) and SEI Asset Allocation Trust Conservative Strategy Fund (SICIX). 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.

	HCMKX	SICIX	Difference
Sharpe ratio: Return per unit of total volatility	0.61	2.34	-1.73
Sortino ratio: Return per unit of downside risk	0.94	3.42	-2.48
Omega ratio: Gain probability vs. loss probability	1.12	1.45	-0.33
Calmar ratio: Return relative to maximum drawdown	1.02	2.47	-1.45
Martin ratio: Return relative to average drawdown	2.69	9.40	-6.70

HCMKX vs. SICIX - Sharpe Ratio Comparison

The current HCMKX Sharpe Ratio is 0.61, which is lower than the SICIX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of HCMKX and SICIX, 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

HCMKX vs. SICIX - Drawdown Comparison

The maximum HCMKX drawdown since its inception was -28.43%, roughly equal to the maximum SICIX drawdown of -27.62%. Use the drawdown chart below to compare losses from any high point for HCMKX and SICIX.

Drawdown Indicators

	HCMKX	SICIX	Difference
Max Drawdown Largest peak-to-trough decline	-28.43%	-27.62%	-0.81%
Max Drawdown (1Y) Largest decline over 1 year	-11.37%	-2.65%	-8.72%
Max Drawdown (3Y) Largest decline over 3 years	-17.05%	-2.74%	-14.31%
Max Drawdown (5Y) Largest decline over 5 years	-28.43%	-10.94%	-17.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-11.61%	—
Current Drawdown Current decline from peak	-8.46%	-0.09%	-8.37%
Average Drawdown Average peak-to-trough decline	-7.01%	-3.55%	-3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.30%	0.69%	+3.61%

Volatility

HCMKX vs. SICIX - Volatility Comparison

HCM Income Plus Fund (HCMKX) has a higher volatility of 6.99% compared to SEI Asset Allocation Trust Conservative Strategy Fund (SICIX) at 0.68%. This indicates that HCMKX's price experiences larger fluctuations and is considered to be riskier than SICIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCMKX	SICIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.99%	0.68%	+6.31%
Volatility (6M) Calculated over the trailing 6-month period	15.53%	2.18%	+13.35%
Volatility (1Y) Calculated over the trailing 1-year period	19.09%	2.81%	+16.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.24%	3.89%	+12.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.42%	3.90%	+10.52%

HCMKX vs. SICIX - Expense Ratio Comparison

HCMKX has a 2.10% expense ratio, which is higher than SICIX's 0.51% expense ratio.

Dividends

HCMKX vs. SICIX - Dividend Comparison

HCMKX's dividend yield for the trailing twelve months is around 3.55%, more than SICIX's 2.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HCMKX HCM Income Plus Fund	3.55%	3.66%	19.48%	0.04%	0.00%	0.20%	0.27%	0.16%	5.97%	0.21%	0.00%	0.00%
SICIX SEI Asset Allocation Trust Conservative Strategy Fund	2.89%	2.87%	3.67%	2.80%	4.69%	3.46%	1.84%	2.91%	1.80%	1.81%	1.64%	1.97%

Frequently Asked Questions

Can I hold both HCMKX and SICIX in my portfolio?

HCMKX and SICIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HCMKX or SICIX?

HCMKX has higher volatility (6.99%) compared to SICIX (0.68%). In terms of maximum drawdown, HCMKX dropped -28.43% vs SICIX's -27.62%.

Which has better risk-adjusted returns?

SICIX currently has the higher Sharpe Ratio (2.34 vs 0.61), 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.