SBHAX vs. FUMIX
SBHAX (Segall Bryant & Hamill All Cap Fund) and FUMIX (Fidelity SAI U.S. Momentum Index Fund) are both Large Cap Growth Equities funds. Over the past 5 years, SBHAX returned 7.13%/yr vs 14.32%/yr for FUMIX. Their correlation of 0.86 means they have usually moved in the same direction. SBHAX charges 0.87%/yr vs 0.11%/yr for FUMIX.
Performance
SBHAX vs. FUMIX - Performance Comparison
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Returns By Period
In the year-to-date period, SBHAX achieves a 11.42% return, which is significantly lower than FUMIX's 20.70% return.
SBHAX
- 1D
- 1.90%
- 1M
- 0.00%
- 6M
- 9.29%
- YTD
- 11.42%
- 1Y
- 18.73%
- 3Y*
- 13.53%
- 5Y*
- 7.13%
- 10Y*
- 12.14%
- ALL TIME*
- 10.92%
FUMIX
- 1D
- 4.41%
- 1M
- -3.93%
- 6M
- 18.40%
- YTD
- 20.70%
- 1Y
- 26.41%
- 3Y*
- 27.49%
- 5Y*
- 14.32%
- 10Y*
- —
- ALL TIME*
- 16.80%
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 |
SBHAX vs. FUMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBHAX Segall Bryant & Hamill All Cap Fund | 11.42% | 8.36% | 16.89% | 14.50% | -19.27% | 29.43% | 26.18% | 30.60% | -5.61% | 15.84% |
FUMIX Fidelity SAI U.S. Momentum Index Fund | 20.70% | 17.01% | 33.39% | 14.67% | -15.79% | 22.56% | 29.92% | 24.16% | -1.41% | 22.71% |
Correlation
The correlation between SBHAX and FUMIX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017 | 0.86 |
The correlation between SBHAX and FUMIX has been stable across timeframes, ranging from 0.80 to 0.86 - a consistent structural relationship.
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Return for Risk
SBHAX vs. FUMIX — Risk / Return Rank
SBHAX
FUMIX
SBHAX vs. FUMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Segall Bryant & Hamill All Cap Fund (SBHAX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). 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.
| SBHAX | FUMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.92 | -0.27 |
| Martin ratioReturn relative to average drawdown | 7.33 | 7.85 | -0.52 |
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Drawdowns
SBHAX vs. FUMIX - Drawdown Comparison
The maximum SBHAX drawdown since its inception was -32.81%, roughly equal to the maximum FUMIX drawdown of -33.36%. Use the drawdown chart below to compare losses from any high point for SBHAX and FUMIX.
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Drawdown Indicators
| SBHAX | FUMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.81% | -33.36% | +0.55% |
Max Drawdown (1Y)Largest decline over 1 year | -9.34% | -12.87% | +3.53% |
Max Drawdown (3Y)Largest decline over 3 years | -31.00% | -19.90% | -11.10% |
Max Drawdown (5Y)Largest decline over 5 years | -31.00% | -27.66% | -3.34% |
Max Drawdown (10Y)Largest decline over 10 years | -32.81% | — | — |
Current DrawdownCurrent decline from peak | -1.99% | -9.03% | +7.04% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -6.28% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 3.14% | -1.01% |
Volatility
SBHAX vs. FUMIX - Volatility Comparison
The current volatility for Segall Bryant & Hamill All Cap Fund (SBHAX) is 3.48%, while Fidelity SAI U.S. Momentum Index Fund (FUMIX) has a volatility of 8.78%. This indicates that SBHAX experiences smaller price fluctuations and is considered to be less risky than FUMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBHAX | FUMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 8.78% | -5.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.19% | 18.87% | -8.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.94% | 21.08% | -8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.01% | 21.82% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.37% | 21.99% | -2.62% |
SBHAX vs. FUMIX - Expense Ratio Comparison
SBHAX has a 0.87% expense ratio, which is higher than FUMIX's 0.11% expense ratio.
Dividends
SBHAX vs. FUMIX - Dividend Comparison
SBHAX's dividend yield for the trailing twelve months is around 26.44%, more than FUMIX's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUMIX Fidelity SAI U.S. Momentum Index Fund | 2.30% | 2.77% | 5.89% | 18.09% | 2.10% | 20.67% | 8.68% | 2.09% | 3.84% | 0.88% | 0.00% | 0.00% |
SBHAX Segall Bryant & Hamill All Cap Fund | 26.44% | 29.46% | 19.96% | 4.76% | 8.72% | 11.37% | 1.36% | 0.32% | 4.11% | 0.56% | 0.03% | 3.74% |
Frequently Asked Questions
SBHAX and FUMIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FUMIX has higher volatility (8.78%) compared to SBHAX (3.48%). In terms of maximum drawdown, SBHAX dropped -32.81% vs FUMIX's -33.36%.
SBHAX currently has the higher Sharpe Ratio (1.19 vs 1.18), 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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