RRPAX vs. FIPDX
Compare and contrast key facts about SEI Institutional Investments Trust Real Return Fund (RRPAX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX).
RRPAX is managed by SEI. It was launched on Dec 13, 2006. FIPDX is managed by Fidelity. It was launched on May 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RRPAX or FIPDX.
Correlation
The correlation between RRPAX and FIPDX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RRPAX vs. FIPDX - Performance Comparison
Key characteristics
RRPAX:
2.86
FIPDX:
1.17
RRPAX:
4.33
FIPDX:
1.67
RRPAX:
1.62
FIPDX:
1.21
RRPAX:
3.79
FIPDX:
0.46
RRPAX:
13.86
FIPDX:
3.23
RRPAX:
0.44%
FIPDX:
1.53%
RRPAX:
2.10%
FIPDX:
4.23%
RRPAX:
-12.98%
FIPDX:
-14.29%
RRPAX:
-0.11%
FIPDX:
-5.50%
Returns By Period
In the year-to-date period, RRPAX achieves a 1.32% return, which is significantly lower than FIPDX's 2.02% return. Over the past 10 years, RRPAX has outperformed FIPDX with an annualized return of 2.51%, while FIPDX has yielded a comparatively lower 1.47% annualized return.
RRPAX
1.32%
1.20%
2.47%
5.92%
3.31%
2.51%
FIPDX
2.02%
2.25%
1.47%
4.84%
1.65%
1.47%
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RRPAX vs. FIPDX - Expense Ratio Comparison
RRPAX has a 0.02% expense ratio, which is lower than FIPDX's 0.05% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
RRPAX vs. FIPDX — Risk-Adjusted Performance Rank
RRPAX
FIPDX
RRPAX vs. FIPDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Real Return Fund (RRPAX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). 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.
Dividends
RRPAX vs. FIPDX - Dividend Comparison
RRPAX's dividend yield for the trailing twelve months is around 3.53%, less than FIPDX's 3.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RRPAX SEI Institutional Investments Trust Real Return Fund | 3.53% | 3.57% | 3.25% | 7.17% | 5.34% | 1.38% | 2.15% | 2.36% | 1.90% | 1.23% | 0.00% | 0.78% |
FIPDX Fidelity Inflation-Protected Bond Index Fund | 3.64% | 3.75% | 3.62% | 8.87% | 4.76% | 0.24% | 0.41% | 0.39% | 0.09% | 0.08% | 0.11% | 1.10% |
Drawdowns
RRPAX vs. FIPDX - Drawdown Comparison
The maximum RRPAX drawdown since its inception was -12.98%, smaller than the maximum FIPDX drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for RRPAX and FIPDX. For additional features, visit the drawdowns tool.
Volatility
RRPAX vs. FIPDX - Volatility Comparison
The current volatility for SEI Institutional Investments Trust Real Return Fund (RRPAX) is 0.56%, while Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a volatility of 1.12%. This indicates that RRPAX experiences smaller price fluctuations and is considered to be less risky than FIPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.