SDLAX vs. FSKAX
Compare and contrast key facts about SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) and Fidelity Total Market Index Fund (FSKAX).
SDLAX is managed by SEI. It was launched on Jul 30, 2010. FSKAX is managed by Fidelity.
Performance
SDLAX vs. FSKAX - Performance Comparison
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SDLAX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | -8.11% | 20.37% | 24.23% | 22.00% | -16.10% | 31.43% | 20.70% | 27.68% | -7.77% | 19.77% |
FSKAX Fidelity Total Market Index Fund | -6.77% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
In the year-to-date period, SDLAX achieves a -8.11% return, which is significantly lower than FSKAX's -6.77% return. Both investments have delivered pretty close results over the past 10 years, with SDLAX having a 13.45% annualized return and FSKAX not far behind at 13.23%.
SDLAX
- 1D
- -0.11%
- 1M
- -8.77%
- YTD
- -8.11%
- 6M
- -5.33%
- 1Y
- 14.01%
- 3Y*
- 16.40%
- 5Y*
- 11.40%
- 10Y*
- 13.45%
FSKAX
- 1D
- -0.47%
- 1M
- -7.69%
- YTD
- -6.77%
- 6M
- -4.56%
- 1Y
- 14.73%
- 3Y*
- 16.72%
- 5Y*
- 10.13%
- 10Y*
- 13.23%
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SDLAX vs. FSKAX - Expense Ratio Comparison
SDLAX has a 0.67% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
SDLAX vs. FSKAX — Risk / Return Rank
SDLAX
FSKAX
SDLAX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) and Fidelity Total Market Index Fund (FSKAX). 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.
| SDLAX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 0.83 | -0.04 |
Sortino ratioReturn per unit of downside risk | 1.20 | 1.29 | -0.09 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.99 | 1.04 | -0.05 |
Martin ratioReturn relative to average drawdown | 4.64 | 5.05 | -0.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SDLAX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 0.83 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.59 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.72 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.78 | -0.15 |
Correlation
The correlation between SDLAX and FSKAX is 0.96, 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.
Dividends
SDLAX vs. FSKAX - Dividend Comparison
SDLAX's dividend yield for the trailing twelve months is around 15.02%, more than FSKAX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | 15.02% | 13.81% | 32.97% | 12.32% | 14.88% | 17.50% | 12.09% | 12.85% | 1.86% | 3.79% | 1.60% | 6.89% |
FSKAX Fidelity Total Market Index Fund | 1.09% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
SDLAX vs. FSKAX - Drawdown Comparison
The maximum SDLAX drawdown since its inception was -35.25%, roughly equal to the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for SDLAX and FSKAX.
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Drawdown Indicators
| SDLAX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.25% | -35.01% | -0.24% |
Max Drawdown (1Y)Largest decline over 1 year | -12.43% | -12.42% | -0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -35.25% | -25.39% | -9.86% |
Max Drawdown (10Y)Largest decline over 10 years | -35.25% | -35.01% | -0.24% |
Current DrawdownCurrent decline from peak | -16.32% | -8.92% | -7.40% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -4.05% | -1.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 2.57% | +0.08% |
Volatility
SDLAX vs. FSKAX - Volatility Comparison
SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) has a higher volatility of 4.95% compared to Fidelity Total Market Index Fund (FSKAX) at 4.42%. This indicates that SDLAX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SDLAX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 4.42% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 9.40% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.75% | 18.50% | +0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.99% | 17.38% | +8.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.66% | 18.42% | +4.24% |