ICLAX vs. SIFAX
ICLAX (Transamerica Asset Allocation Conservative Portfolio) and SIFAX (SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund) are both Diversified Portfolio funds. Over the past 10 years, ICLAX returned 5.44%/yr vs 3.57%/yr for SIFAX. At a 0.30 correlation, their price movements are largely independent. ICLAX charges 0.47%/yr vs 0.90%/yr for SIFAX.
Performance
ICLAX vs. SIFAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ICLAX achieves a 3.62% return, which is significantly lower than SIFAX's 8.33% return. Over the past 10 years, ICLAX has outperformed SIFAX with an annualized return of 5.44%, while SIFAX has yielded a comparatively lower 3.57% annualized return.
ICLAX
- 1D
- -0.34%
- 1M
- 1.55%
- YTD
- 3.62%
- 6M
- 3.82%
- 1Y
- 11.81%
- 3Y*
- 9.65%
- 5Y*
- 3.49%
- 10Y*
- 5.44%
SIFAX
- 1D
- 0.23%
- 1M
- -1.04%
- YTD
- 8.33%
- 6M
- 7.95%
- 1Y
- 12.84%
- 3Y*
- 7.60%
- 5Y*
- 5.81%
- 10Y*
- 3.57%
ICLAX vs. SIFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICLAX Transamerica Asset Allocation Conservative Portfolio | 3.62% | 12.18% | 7.30% | 10.23% | -15.19% | 5.43% | 13.16% | 12.33% | -4.36% | 11.12% |
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund | 8.33% | 7.82% | 4.08% | -1.74% | 8.48% | 10.83% | -1.59% | 5.68% | -3.64% | -1.96% |
Correlation
The correlation between ICLAX and SIFAX is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013 | 0.30 |
The correlation between ICLAX and SIFAX shifts across timeframes, from -0.17 (1 year) to 0.30 (all time), 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
ICLAX vs. SIFAX — Risk / Return Rank
ICLAX
SIFAX
ICLAX vs. SIFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Asset Allocation Conservative Portfolio (ICLAX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX). 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.
| ICLAX | SIFAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.45 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 5.29 | -2.97 |
| Martin ratioReturn relative to average drawdown | 10.28 | 16.74 | -6.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ICLAX | SIFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 2.36 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 1.04 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.69 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.34 | +0.39 |
Drawdowns
ICLAX vs. SIFAX - Drawdown Comparison
The maximum ICLAX drawdown since its inception was -30.99%, which is greater than SIFAX's maximum drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for ICLAX and SIFAX.
Loading charts...
Drawdown Indicators
| ICLAX | SIFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.99% | -23.62% | -7.37% |
Max Drawdown (1Y)Largest decline over 1 year | -5.28% | -2.41% | -2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -7.10% | -3.57% | -3.53% |
Max Drawdown (5Y)Largest decline over 5 years | -20.78% | -8.32% | -12.46% |
Max Drawdown (10Y)Largest decline over 10 years | -20.78% | -14.69% | -6.09% |
Current DrawdownCurrent decline from peak | -0.34% | -1.61% | +1.27% |
Average DrawdownAverage peak-to-trough decline | -3.79% | -8.55% | +4.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 0.76% | +0.43% |
Volatility
ICLAX vs. SIFAX - Volatility Comparison
Transamerica Asset Allocation Conservative Portfolio (ICLAX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) have volatilities of 2.09% and 2.16%, 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
| ICLAX | SIFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 2.16% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 5.04% | 4.70% | +0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.21% | 5.41% | +0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.36% | 5.60% | +1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.21% | 5.22% | +1.99% |
ICLAX vs. SIFAX - Expense Ratio Comparison
ICLAX has a 0.47% expense ratio, which is lower than SIFAX's 0.90% expense ratio.
Dividends
ICLAX vs. SIFAX - Dividend Comparison
ICLAX's dividend yield for the trailing twelve months is around 3.05%, less than SIFAX's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICLAX Transamerica Asset Allocation Conservative Portfolio | 3.05% | 3.27% | 2.80% | 2.50% | 1.79% | 7.84% | 4.16% | 4.06% | 7.97% | 7.69% | 4.61% | 5.90% |
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund | 4.20% | 4.55% | 3.25% | 3.82% | 11.90% | 7.89% | 1.45% | 1.49% | 1.90% | 1.39% | 1.15% | 0.48% |
Frequently Asked Questions
ICLAX and SIFAX have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SIFAX has higher volatility (2.16%) compared to ICLAX (2.09%). In terms of maximum drawdown, ICLAX dropped -30.99% vs SIFAX's -23.62%.
SIFAX currently has the higher Sharpe Ratio (2.36 vs 1.98), 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 ICLAX and SIFAX
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