Correlation
The correlation between SDLAX and FNILX is 0.99, 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.
SDLAX vs. FNILX
Compare and contrast key facts about SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) and Fidelity ZERO Large Cap Index Fund (FNILX).
SDLAX is managed by SEI. It was launched on Jul 30, 2010. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDLAX or FNILX.
Performance
SDLAX vs. FNILX - Performance Comparison
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Key characteristics
SDLAX:
0.76
FNILX:
0.75
SDLAX:
1.05
FNILX:
1.06
SDLAX:
1.16
FNILX:
1.15
SDLAX:
0.74
FNILX:
0.70
SDLAX:
2.71
FNILX:
2.64
SDLAX:
5.24%
FNILX:
5.05%
SDLAX:
20.83%
FNILX:
20.00%
SDLAX:
-32.42%
FNILX:
-33.75%
SDLAX:
-3.07%
FNILX:
-3.47%
Returns By Period
In the year-to-date period, SDLAX achieves a 2.82% return, which is significantly higher than FNILX's 1.10% return.
SDLAX
2.82%
6.52%
0.10%
15.64%
13.11%
16.67%
12.40%
FNILX
1.10%
6.50%
-1.37%
14.91%
14.84%
15.84%
N/A
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SDLAX vs. FNILX - Expense Ratio Comparison
SDLAX has a 0.67% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Risk-Adjusted Performance
SDLAX vs. FNILX — Risk-Adjusted Performance Rank
SDLAX
FNILX
SDLAX vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
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Dividends
SDLAX vs. FNILX - Dividend Comparison
SDLAX's dividend yield for the trailing twelve months is around 32.07%, more than FNILX's 1.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | 32.07% | 32.97% | 12.32% | 14.88% | 17.50% | 12.09% | 13.36% | 1.86% | 3.79% | 1.60% | 6.88% | 4.77% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.08% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SDLAX vs. FNILX - Drawdown Comparison
The maximum SDLAX drawdown since its inception was -32.42%, roughly equal to the maximum FNILX drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for SDLAX and FNILX.
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Volatility
SDLAX vs. FNILX - Volatility Comparison
The current volatility for SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) is 4.31%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.81%. This indicates that SDLAX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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