SDYYX vs. QKACX

Last updated Jul 3, 2026

SDYYX (SEI Institutional Managed Trust Dynamic Asset Allocation Fund) and QKACX (Federated Hermes MDT All Cap Core Fund Class R6) are both Large Cap Blend Equities funds. Over the past 10 years, SDYYX returned 14.61%/yr vs 17.02%/yr for QKACX. Their correlation of 0.85 suggests significant overlap in exposure. SDYYX charges 0.50%/yr vs 0.73%/yr for QKACX.

Performance

SDYYX vs. QKACX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Managed Trust Dynamic Asset Allocation Fund (SDYYX) and Federated Hermes MDT All Cap Core Fund Class R6 (QKACX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDYYX achieves a 8.14% return, which is significantly higher than QKACX's 6.93% return. Over the past 10 years, SDYYX has underperformed QKACX with an annualized return of 14.61%, while QKACX has yielded a comparatively higher 17.02% annualized return.

SDYYX

• 1D: -0.22%
• 1M: -2.09%
• 6M: 8.14%
• YTD: 8.14%
• 1Y: 19.65%
• 3Y*: 19.67%
• 5Y*: 12.42%
• 10Y*: 14.61%

QKACX

• 1D: 0.09%
• 1M: -0.81%
• 6M: 6.93%
• YTD: 6.93%
• 1Y: 18.21%
• 3Y*: 23.10%
• 5Y*: 14.89%
• 10Y*: 17.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SDYYX vs. QKACX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SDYYX SEI Institutional Managed Trust Dynamic Asset Allocation Fund	8.14%	18.85%	24.65%	21.47%	-16.51%	31.05%	20.21%	27.13%	-8.08%	19.29%
QKACX Federated Hermes MDT All Cap Core Fund Class R6	6.93%	21.16%	31.05%	23.55%	-14.17%	31.45%	22.00%	26.88%	-2.65%	21.15%

Correlation

The correlation between SDYYX and QKACX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.85

Over the past year, the correlation between SDYYX and QKACX has dropped to 0.36 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

SDYYX vs. QKACX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDYYX

SDYYX Risk / Return Rank: 45
SDYYX Sharpe Ratio Rank: 43
SDYYX Sortino Ratio Rank: 40
SDYYX Omega Ratio Rank: 42
SDYYX Calmar Ratio Rank: 44
SDYYX Martin Ratio Rank: 54

QKACX

QKACX Risk / Return Rank: 45
QKACX Sharpe Ratio Rank: 39
QKACX Sortino Ratio Rank: 40
QKACX Omega Ratio Rank: 48
QKACX Calmar Ratio Rank: 44
QKACX Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SDYYX vs. QKACX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Dynamic Asset Allocation Fund (SDYYX) and Federated Hermes MDT All Cap Core Fund Class R6 (QKACX). 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.

	SDYYX	QKACX	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.45	+0.06
Sortino ratio: Return per unit of downside risk	2.08	2.11	-0.02
Omega ratio: Gain probability vs. loss probability	1.27	1.30	-0.02
Calmar ratio: Return relative to maximum drawdown	2.05	2.10	-0.05
Martin ratio: Return relative to average drawdown	8.85	9.12	-0.27

SDYYX vs. QKACX - Sharpe Ratio Comparison

The current SDYYX Sharpe Ratio is 1.51, which is comparable to the QKACX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of SDYYX and QKACX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SDYYX vs. QKACX - Drawdown Comparison

The maximum SDYYX drawdown since its inception was -32.42%, smaller than the maximum QKACX drawdown of -60.51%. Use the drawdown chart below to compare losses from any high point for SDYYX and QKACX.

Drawdown Indicators

	SDYYX	QKACX	Difference
Max Drawdown Largest peak-to-trough decline	-32.42%	-60.51%	+28.09%
Max Drawdown (1Y) Largest decline over 1 year	-9.96%	-8.66%	-1.30%
Max Drawdown (3Y) Largest decline over 3 years	-23.28%	-19.42%	-3.86%
Max Drawdown (5Y) Largest decline over 5 years	-23.28%	-23.05%	-0.23%
Max Drawdown (10Y) Largest decline over 10 years	-32.42%	-36.47%	+4.05%
Current Drawdown Current decline from peak	-2.09%	-1.04%	-1.05%
Average Drawdown Average peak-to-trough decline	-4.39%	-11.17%	+6.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	1.99%	+0.31%

Volatility

SDYYX vs. QKACX - Volatility Comparison

SEI Institutional Managed Trust Dynamic Asset Allocation Fund (SDYYX) has a higher volatility of 5.69% compared to Federated Hermes MDT All Cap Core Fund Class R6 (QKACX) at 4.60%. This indicates that SDYYX's price experiences larger fluctuations and is considered to be riskier than QKACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDYYX	QKACX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.69%	4.60%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	11.05%	10.07%	+0.98%
Volatility (1Y) Calculated over the trailing 1-year period	13.53%	12.55%	+0.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.45%	17.45%	+1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	18.64%	-0.07%

SDYYX vs. QKACX - Expense Ratio Comparison

SDYYX has a 0.50% expense ratio, which is lower than QKACX's 0.73% expense ratio.

Dividends

SDYYX vs. QKACX - Dividend Comparison

SDYYX's dividend yield for the trailing twelve months is around 19.07%, more than QKACX's 4.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QKACX Federated Hermes MDT All Cap Core Fund Class R6	4.42%	4.72%	8.90%	1.45%	11.20%	17.85%	3.09%	3.41%	8.83%	0.74%	0.00%	0.52%
SDYYX SEI Institutional Managed Trust Dynamic Asset Allocation Fund	19.07%	20.62%	11.70%	9.69%	14.47%	11.12%	7.62%	1.87%	2.33%	1.78%	1.14%	0.00%

Frequently Asked Questions

Can I hold both SDYYX and QKACX in my portfolio?

SDYYX and QKACX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDYYX or QKACX?

SDYYX has higher volatility (5.69%) compared to QKACX (4.60%). In terms of maximum drawdown, SDYYX dropped -32.42% vs QKACX's -60.51%.

Which has better risk-adjusted returns?

SDYYX currently has the higher Sharpe Ratio (1.51 vs 1.45), 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.