RRPAX vs. SPIIX
Compare and contrast key facts about SEI Institutional Investments Trust Real Return Fund (RRPAX) and SEI S&P 500 Index Fund Class I (SPIIX).
RRPAX is managed by SEI. It was launched on Dec 13, 2006. SPIIX is a passively managed fund by SEI that tracks the performance of the S&P 500 Index. It was launched on Jun 28, 2002.
Performance
RRPAX vs. SPIIX - Performance Comparison
Loading graphics...
RRPAX vs. SPIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RRPAX SEI Institutional Investments Trust Real Return Fund | 0.86% | 6.53% | 4.54% | 3.49% | -4.06% | 5.41% | 5.64% | 5.01% | 0.31% | 0.73% |
SPIIX SEI S&P 500 Index Fund Class I | -7.22% | 16.97% | 24.11% | 25.49% | -18.84% | 28.04% | 17.66% | 30.72% | -5.00% | 21.06% |
Returns By Period
In the year-to-date period, RRPAX achieves a 0.86% return, which is significantly higher than SPIIX's -7.22% return. Over the past 10 years, RRPAX has underperformed SPIIX with an annualized return of 2.90%, while SPIIX has yielded a comparatively higher 12.99% annualized return.
RRPAX
- 1D
- 0.32%
- 1M
- -0.11%
- YTD
- 0.86%
- 6M
- 1.17%
- 1Y
- 3.81%
- 3Y*
- 4.34%
- 5Y*
- 3.06%
- 10Y*
- 2.90%
SPIIX
- 1D
- -0.40%
- 1M
- -7.73%
- YTD
- -7.22%
- 6M
- -5.00%
- 1Y
- 13.56%
- 3Y*
- 16.34%
- 5Y*
- 10.62%
- 10Y*
- 12.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RRPAX vs. SPIIX - Expense Ratio Comparison
RRPAX has a 0.02% expense ratio, which is lower than SPIIX's 0.65% expense ratio.
Return for Risk
RRPAX vs. SPIIX — Risk / Return Rank
RRPAX
SPIIX
RRPAX vs. SPIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Real Return Fund (RRPAX) and SEI S&P 500 Index Fund Class I (SPIIX). 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.
| RRPAX | SPIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 0.79 | +0.97 |
Sortino ratioReturn per unit of downside risk | 2.64 | 1.23 | +1.41 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.19 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 3.24 | 0.98 | +2.25 |
Martin ratioReturn relative to average drawdown | 11.39 | 4.73 | +6.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RRPAX | SPIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 0.79 | +0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 0.58 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | 0.69 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.53 | -0.03 |
Correlation
The correlation between RRPAX and SPIIX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
RRPAX vs. SPIIX - Dividend Comparison
RRPAX's dividend yield for the trailing twelve months is around 4.60%, less than SPIIX's 9.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RRPAX SEI Institutional Investments Trust Real Return Fund | 4.60% | 4.64% | 3.57% | 2.43% | 7.18% | 5.33% | 1.38% | 2.14% | 2.35% | 1.89% | 1.23% | 0.00% |
SPIIX SEI S&P 500 Index Fund Class I | 9.08% | 8.42% | 12.20% | 4.10% | 10.27% | 7.03% | 5.78% | 4.04% | 3.90% | 2.08% | 4.34% | 1.53% |
Drawdowns
RRPAX vs. SPIIX - Drawdown Comparison
The maximum RRPAX drawdown since its inception was -16.15%, smaller than the maximum SPIIX drawdown of -55.78%. Use the drawdown chart below to compare losses from any high point for RRPAX and SPIIX.
Loading graphics...
Drawdown Indicators
| RRPAX | SPIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.15% | -55.78% | +39.63% |
Max Drawdown (1Y)Largest decline over 1 year | -1.35% | -12.14% | +10.79% |
Max Drawdown (5Y)Largest decline over 5 years | -6.48% | -25.70% | +19.22% |
Max Drawdown (10Y)Largest decline over 10 years | -6.48% | -33.85% | +27.37% |
Current DrawdownCurrent decline from peak | -0.43% | -9.02% | +8.59% |
Average DrawdownAverage peak-to-trough decline | -2.97% | -7.33% | +4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 2.52% | -2.14% |
Volatility
RRPAX vs. SPIIX - Volatility Comparison
The current volatility for SEI Institutional Investments Trust Real Return Fund (RRPAX) is 0.70%, while SEI S&P 500 Index Fund Class I (SPIIX) has a volatility of 4.24%. This indicates that RRPAX experiences smaller price fluctuations and is considered to be less risky than SPIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RRPAX | SPIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 4.24% | -3.54% |
Volatility (6M)Calculated over the trailing 6-month period | 1.20% | 9.09% | -7.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.31% | 18.13% | -15.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.23% | 18.41% | -15.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.69% | 18.84% | -16.15% |