PGBOX vs. SCOAX
PGBOX (JPMorgan Core Bond Fund) and SCOAX (SEI Institutional Investments Trust Core Fixed Income Fund) are both Intermediate Core Bond funds. Over the past 10 years, PGBOX returned 1.36%/yr vs 1.61%/yr for SCOAX. Their correlation of 0.91 means they have usually moved in the same direction. PGBOX charges 0.70%/yr vs 0.36%/yr for SCOAX.
Performance
PGBOX vs. SCOAX - Performance Comparison
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Returns By Period
In the year-to-date period, PGBOX achieves a -1.20% return, which is significantly lower than SCOAX's -0.72% return. Over the past 10 years, PGBOX has underperformed SCOAX with an annualized return of 1.36%, while SCOAX has yielded a comparatively higher 1.61% annualized return.
PGBOX
- 1D
- 0.00%
- 1M
- -1.03%
- 6M
- -1.51%
- YTD
- -1.20%
- 1Y
- 1.02%
- 3Y*
- 3.56%
- 5Y*
- -0.38%
- 10Y*
- 1.36%
- ALL TIME*
- 3.58%
SCOAX
- 1D
- 0.11%
- 1M
- -1.25%
- 6M
- -0.96%
- YTD
- -0.72%
- 1Y
- 1.84%
- 3Y*
- 3.43%
- 5Y*
- -0.86%
- 10Y*
- 1.61%
- ALL TIME*
- 1.10%
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 |
PGBOX vs. SCOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGBOX JPMorgan Core Bond Fund | -1.20% | 7.10% | 1.81% | 5.42% | -12.56% | -1.36% | 7.85% | 8.06% | -0.06% | 3.55% |
SCOAX SEI Institutional Investments Trust Core Fixed Income Fund | -0.72% | 7.56% | 0.82% | 5.44% | -14.84% | -1.49% | 9.49% | 9.59% | 0.11% | 5.07% |
Correlation
The correlation between PGBOX and SCOAX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1997 | 0.91 |
The correlation between PGBOX and SCOAX has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.
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Return for Risk
PGBOX vs. SCOAX — Risk / Return Rank
PGBOX
SCOAX
PGBOX vs. SCOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund (PGBOX) and SEI Institutional Investments Trust Core Fixed Income Fund (SCOAX). 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.
| PGBOX | SCOAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.14 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.59 | 1.03 | -0.44 |
| Martin ratioReturn relative to average drawdown | 1.36 | 2.52 | -1.16 |
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Drawdowns
PGBOX vs. SCOAX - Drawdown Comparison
The maximum PGBOX drawdown since its inception was -18.42%, smaller than the maximum SCOAX drawdown of -20.12%. Use the drawdown chart below to compare losses from any high point for PGBOX and SCOAX.
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Drawdown Indicators
| PGBOX | SCOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.42% | -20.12% | +1.70% |
Max Drawdown (1Y)Largest decline over 1 year | -3.41% | -3.06% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -4.85% | -5.95% | +1.10% |
Max Drawdown (5Y)Largest decline over 5 years | -16.88% | -19.90% | +3.02% |
Max Drawdown (10Y)Largest decline over 10 years | -16.88% | -20.12% | +3.24% |
Current DrawdownCurrent decline from peak | -3.18% | -4.77% | +1.59% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -5.45% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 1.25% | +0.23% |
Volatility
PGBOX vs. SCOAX - Volatility Comparison
JPMorgan Core Bond Fund (PGBOX) has a higher volatility of 0.98% compared to SEI Institutional Investments Trust Core Fixed Income Fund (SCOAX) at 0.93%. This indicates that PGBOX's price experiences larger fluctuations and is considered to be riskier than SCOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGBOX | SCOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.98% | 0.93% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 3.06% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 3.93% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.69% | 6.37% | -0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.70% | 5.23% | -0.53% |
PGBOX vs. SCOAX - Expense Ratio Comparison
PGBOX has a 0.70% expense ratio, which is higher than SCOAX's 0.36% expense ratio.
Dividends
PGBOX vs. SCOAX - Dividend Comparison
PGBOX's dividend yield for the trailing twelve months is around 3.25%, less than SCOAX's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGBOX JPMorgan Core Bond Fund | 3.25% | 3.71% | 3.69% | 3.26% | 2.41% | 2.56% | 3.75% | 2.97% | 2.65% | 2.63% | 2.66% | 2.34% |
SCOAX SEI Institutional Investments Trust Core Fixed Income Fund | 3.96% | 4.19% | 3.57% | 2.98% | 2.11% | 1.69% | 6.04% | 4.24% | 3.16% | 3.67% | 3.79% | 4.73% |
Frequently Asked Questions
PGBOX and SCOAX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGBOX has higher volatility (0.98%) compared to SCOAX (0.93%). In terms of maximum drawdown, PGBOX dropped -18.42% vs SCOAX's -20.12%.
SCOAX currently has the higher Sharpe Ratio (0.81 vs 0.52), 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.
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