LDRAX vs. SPINX
LDRAX (SEI Institutional Investments Trust Long Duration Fund) and SPINX (SEI Institutional Investments Trust S&P 500 Index Fund) are both mutual funds - LDRAX is a Long-Term Bond fund managed by SEI, while SPINX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, LDRAX returned 0.62%/yr vs 15.01%/yr for SPINX. Their -0.07 correlation means they have often moved in opposite directions in the past. LDRAX charges 0.14%/yr vs 0.12%/yr for SPINX.
Performance
LDRAX vs. SPINX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LDRAX achieves a -3.50% return, which is significantly lower than SPINX's 10.09% return. Over the past 10 years, LDRAX has underperformed SPINX with an annualized return of 0.62%, while SPINX has yielded a comparatively higher 15.01% annualized return.
LDRAX
- 1D
- -0.36%
- 1M
- -3.99%
- 6M
- -3.42%
- YTD
- -3.50%
- 1Y
- -1.29%
- 3Y*
- 1.39%
- 5Y*
- -5.21%
- 10Y*
- 0.62%
- ALL TIME*
- 1.30%
SPINX
- 1D
- 0.71%
- 1M
- 0.15%
- 6M
- 7.92%
- YTD
- 10.09%
- 1Y
- 21.51%
- 3Y*
- 19.09%
- 5Y*
- 12.60%
- 10Y*
- 15.01%
- ALL TIME*
- 13.77%
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 |
LDRAX vs. SPINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDRAX SEI Institutional Investments Trust Long Duration Fund | -3.50% | 6.81% | -3.28% | 7.16% | -27.73% | -2.19% | 18.23% | 21.19% | -5.16% | 11.74% |
SPINX SEI Institutional Investments Trust S&P 500 Index Fund | 10.09% | 17.89% | 24.02% | 26.24% | -18.27% | 28.62% | 18.35% | 31.42% | -4.46% | 21.74% |
Correlation
The correlation between LDRAX and SPINX is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2013 | -0.07 |
The correlation between LDRAX and SPINX shifts across timeframes, from -0.07 (all time) to 0.33 (1 year), 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
LDRAX vs. SPINX — Risk / Return Rank
LDRAX
SPINX
LDRAX vs. SPINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Long Duration Fund (LDRAX) and SEI Institutional Investments Trust S&P 500 Index Fund (SPINX). 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 | SPINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.28 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 2.21 | -2.26 |
| Martin ratioReturn relative to average drawdown | -0.11 | 9.49 | -9.60 |
Loading charts...
Drawdowns
LDRAX vs. SPINX - Drawdown Comparison
The maximum LDRAX drawdown since its inception was -37.23%, which is greater than SPINX's maximum drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for LDRAX and SPINX.
Loading charts...
Drawdown Indicators
| LDRAX | SPINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.23% | -33.82% | -3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.04% | -8.92% | +2.88% |
Max Drawdown (3Y)Largest decline over 3 years | -11.43% | -32.91% | +21.48% |
Max Drawdown (5Y)Largest decline over 5 years | -36.35% | -32.91% | -3.44% |
Max Drawdown (10Y)Largest decline over 10 years | -37.23% | -33.82% | -3.41% |
Current DrawdownCurrent decline from peak | -25.53% | -1.44% | -24.09% |
Average DrawdownAverage peak-to-trough decline | -12.47% | -5.17% | -7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 2.08% | +0.41% |
Volatility
LDRAX vs. SPINX - Volatility Comparison
The current volatility for SEI Institutional Investments Trust Long Duration Fund (LDRAX) is 2.05%, while SEI Institutional Investments Trust S&P 500 Index Fund (SPINX) has a volatility of 3.49%. This indicates that LDRAX experiences smaller price fluctuations and is considered to be less risky than SPINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LDRAX | SPINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.05% | 3.49% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 5.92% | 10.09% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.71% | 12.90% | -5.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.47% | 22.58% | -10.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.37% | 20.96% | -9.59% |
LDRAX vs. SPINX - Expense Ratio Comparison
LDRAX has a 0.14% expense ratio, which is higher than SPINX's 0.12% 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%.
Dividends
LDRAX vs. SPINX - Dividend Comparison
LDRAX's dividend yield for the trailing twelve months is around 4.94%, less than SPINX's 10.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDRAX SEI Institutional Investments Trust Long Duration Fund | 4.94% | 5.04% | 4.62% | 3.42% | 3.23% | 4.30% | 12.32% | 8.60% | 4.80% | 4.46% | 6.21% | 9.23% |
SPINX SEI Institutional Investments Trust S&P 500 Index Fund | 10.86% | 11.90% | 26.02% | 9.77% | 9.59% | 6.58% | 3.58% | 3.01% | 4.94% | 2.32% | 1.97% | 2.29% |
Frequently Asked Questions
LDRAX and SPINX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPINX has higher volatility (3.49%) compared to LDRAX (2.05%). In terms of maximum drawdown, LDRAX dropped -37.23% vs SPINX's -33.82%.
SPINX currently has the higher Sharpe Ratio (1.53 vs -0.04), 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 LDRAX and SPINX
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