SDLAX vs. SPY
Compare and contrast key facts about SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) and SPDR S&P 500 ETF (SPY).
SDLAX is managed by SEI. It was launched on Jul 30, 2010. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDLAX or SPY.
Correlation
The correlation between SDLAX and SPY 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.
Performance
SDLAX vs. SPY - Performance Comparison
Key characteristics
SDLAX:
-0.13
SPY:
1.81
SDLAX:
0.04
SPY:
2.43
SDLAX:
1.01
SPY:
1.33
SDLAX:
-0.14
SPY:
2.74
SDLAX:
-0.40
SPY:
11.36
SDLAX:
9.29%
SPY:
2.03%
SDLAX:
28.97%
SPY:
12.74%
SDLAX:
-34.47%
SPY:
-55.19%
SDLAX:
-22.45%
SPY:
-0.73%
Returns By Period
In the year-to-date period, SDLAX achieves a 4.42% return, which is significantly higher than SPY's 3.28% return. Over the past 10 years, SDLAX has underperformed SPY with an annualized return of 4.51%, while SPY has yielded a comparatively higher 13.17% annualized return.
SDLAX
4.42%
4.59%
-11.08%
-4.24%
1.26%
4.51%
SPY
3.28%
4.28%
12.39%
22.37%
14.20%
13.17%
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SDLAX vs. SPY - Expense Ratio Comparison
SDLAX has a 0.67% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SDLAX vs. SPY — Risk-Adjusted Performance Rank
SDLAX
SPY
SDLAX vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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
SDLAX vs. SPY - Dividend Comparison
SDLAX's dividend yield for the trailing twelve months is around 2.08%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | 2.08% | 2.17% | 1.23% | 5.52% | 6.37% | 2.00% | 3.55% | 0.71% | 2.51% | 1.60% | 5.90% | 4.77% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SDLAX vs. SPY - Drawdown Comparison
The maximum SDLAX drawdown since its inception was -34.47%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SDLAX and SPY. For additional features, visit the drawdowns tool.
Volatility
SDLAX vs. SPY - Volatility Comparison
SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.50% and 3.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.