LDRAX vs. SBIFX

Last updated Jun 24, 2026

LDRAX (SEI Institutional Investments Trust Long Duration Fund) and SBIFX (Sextant Bond Income Fund) are both Long-Term Bond funds. Their correlation of 0.87 suggests significant overlap in exposure. LDRAX charges 0.14%/yr vs 0.65%/yr for SBIFX.

Performance

LDRAX vs. SBIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Investments Trust Long Duration Fund (LDRAX) and Sextant Bond Income Fund (SBIFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LDRAX

• 1D: -0.69%
• 1M: 1.32%
• YTD: 0.25%
• 6M: 0.52%
• 1Y: 5.03%
• 3Y*: 2.07%
• 5Y*: -3.78%
• 10Y*: 1.34%

SBIFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LDRAX vs. SBIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LDRAX SEI Institutional Investments Trust Long Duration Fund	0.25%	6.81%	-3.28%	7.16%	-27.73%	-2.19%	18.23%	21.19%	-5.16%	11.74%
SBIFX Sextant Bond Income Fund	-0.81%	7.29%	-0.05%	5.30%	-17.54%	-2.37%	8.83%	10.24%	-1.13%	5.14%

Correlation

The correlation between LDRAX and SBIFX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Apr 30, 2004	0.87

The correlation between LDRAX and SBIFX shifts across timeframes, from 0.72 (1 year) to 0.90 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LDRAX vs. SBIFX — Risk / Return Rank

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

LDRAX

LDRAX Risk / Return Rank: 9
LDRAX Sharpe Ratio Rank: 9
LDRAX Sortino Ratio Rank: 9
LDRAX Omega Ratio Rank: 8
LDRAX Calmar Ratio Rank: 11
LDRAX Martin Ratio Rank: 9

SBIFX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LDRAX vs. SBIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Long Duration Fund (LDRAX) and Sextant Bond Income Fund (SBIFX). 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.

	LDRAX	SBIFX	Difference
Sharpe ratio: Return per unit of total volatility	0.69	—	—
Sortino ratio: Return per unit of downside risk	1.03	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	1.02	—	—
Martin ratio: Return relative to average drawdown	2.49	—	—

Drawdowns

Drawdown Indicators

	LDRAX	SBIFX	Difference
Max Drawdown Largest peak-to-trough decline	-37.23%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.34%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.35%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.23%	—	—
Current Drawdown Current decline from peak	-22.63%	—	—
Average Drawdown Average peak-to-trough decline	-12.41%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	—	—

Volatility

Volatility by Period

	LDRAX	SBIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.91%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.51%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.40%	—	—

LDRAX vs. SBIFX - Expense Ratio Comparison

LDRAX has a 0.14% expense ratio, which is lower than SBIFX's 0.65% expense ratio.

Dividends

LDRAX vs. SBIFX - Dividend Comparison

LDRAX's dividend yield for the trailing twelve months is around 5.16%, more than SBIFX's 2.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LDRAX SEI Institutional Investments Trust Long Duration Fund	5.16%	5.04%	4.62%	3.42%	3.23%	4.30%	12.32%	8.60%	4.80%	4.46%	6.21%	9.23%
SBIFX Sextant Bond Income Fund	2.94%	3.57%	3.19%	2.60%	2.14%	2.33%	2.39%	2.86%	3.22%	3.04%	2.92%	3.30%

Frequently Asked Questions

Can I hold both LDRAX and SBIFX in my portfolio?

LDRAX and SBIFX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.