PTRIX vs. SEATX

Last updated Jun 24, 2026

PTRIX (PIMCO Mortgage-Backed Securities Fund) and SEATX (SEI Tax Exempt Trust Tax-Advantaged Income Fund) are both Intermediate Core-Plus Bond funds. At a 0.33 correlation, their price movements are largely independent. PTRIX charges 0.50%/yr vs 0.86%/yr for SEATX.

Performance

PTRIX vs. SEATX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Mortgage-Backed Securities Fund (PTRIX) and SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PTRIX

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

SEATX

• 1D: -0.11%
• 1M: 1.38%
• YTD: 2.21%
• 6M: 2.65%
• 1Y: 5.28%
• 3Y*: 4.52%
• 5Y*: 0.37%
• 10Y*: 2.69%

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

PTRIX vs. SEATX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PTRIX PIMCO Mortgage-Backed Securities Fund	0.00%	0.00%	5.87%	5.25%	-14.13%	1.04%	5.30%	6.44%	1.35%	4.38%
SEATX SEI Tax Exempt Trust Tax-Advantaged Income Fund	2.21%	2.12%	5.75%	5.57%	-13.10%	4.00%	6.20%	10.58%	0.56%	8.54%

Correlation

The correlation between PTRIX and SEATX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.33

Return for Risk

PTRIX vs. SEATX — Risk / Return Rank

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

PTRIX

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

SEATX

SEATX Risk / Return Rank: 46
SEATX Sharpe Ratio Rank: 44
SEATX Sortino Ratio Rank: 57
SEATX Omega Ratio Rank: 63
SEATX Calmar Ratio Rank: 30
SEATX Martin Ratio Rank: 34

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.

PTRIX vs. SEATX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Mortgage-Backed Securities Fund (PTRIX) and SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX). 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.

	PTRIX	SEATX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.80	—
Sortino ratio: Return per unit of downside risk	—	2.91	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	1.92	—
Martin ratio: Return relative to average drawdown	—	7.13	—

Drawdowns

Drawdown Indicators

	PTRIX	SEATX	Difference
Max Drawdown Largest peak-to-trough decline	—	-28.46%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.84%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-17.71%	—
Current Drawdown Current decline from peak	—	-0.11%	—
Average Drawdown Average peak-to-trough decline	—	-3.48%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.76%	—

Volatility

Volatility by Period

	PTRIX	SEATX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	3.02%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.29%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.57%	—

PTRIX vs. SEATX - Expense Ratio Comparison

PTRIX has a 0.50% expense ratio, which is lower than SEATX's 0.86% expense ratio.

Dividends

PTRIX vs. SEATX - Dividend Comparison

PTRIX has not paid dividends to shareholders, while SEATX's dividend yield for the trailing twelve months is around 4.68%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PTRIX PIMCO Mortgage-Backed Securities Fund	0.00%	0.00%	4.07%	5.32%	3.82%	3.02%	2.89%	3.73%	3.54%	3.04%	3.18%	2.43%
SEATX SEI Tax Exempt Trust Tax-Advantaged Income Fund	4.68%	4.52%	4.63%	3.38%	3.16%	3.37%	4.28%	5.63%	4.76%	4.65%	4.10%	4.25%

Frequently Asked Questions

Can I hold both PTRIX and SEATX in my portfolio?

PTRIX and SEATX 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.