SEATX vs. MCFIX
Compare and contrast key facts about SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) and Mercer Core Fixed Income Fund (MCFIX).
SEATX is managed by SEI. It was launched on Sep 4, 2007. MCFIX is managed by Mercer Funds. It was launched on Aug 15, 2005.
Performance
SEATX vs. MCFIX - Performance Comparison
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SEATX vs. MCFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SEATX SEI Tax Exempt Trust Tax-Advantaged Income Fund | -0.14% | 2.12% | 5.75% | 5.57% | -13.10% | 4.00% | 6.20% | 6.44% |
MCFIX Mercer Core Fixed Income Fund | -0.88% | 6.64% | 2.02% | 6.47% | -13.69% | -1.05% | 4.75% | 3.31% |
Returns By Period
In the year-to-date period, SEATX achieves a -0.14% return, which is significantly higher than MCFIX's -0.88% return.
SEATX
- 1D
- 0.34%
- 1M
- -1.97%
- YTD
- -0.14%
- 6M
- 0.44%
- 1Y
- 1.39%
- 3Y*
- 3.95%
- 5Y*
- 0.44%
- 10Y*
- 2.80%
MCFIX
- 1D
- 0.23%
- 1M
- -1.88%
- YTD
- -0.88%
- 6M
- -0.58%
- 1Y
- 2.54%
- 3Y*
- 3.62%
- 5Y*
- 0.17%
- 10Y*
- —
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SEATX vs. MCFIX - Expense Ratio Comparison
SEATX has a 0.86% expense ratio, which is higher than MCFIX's 0.16% expense ratio.
Return for Risk
SEATX vs. MCFIX — Risk / Return Rank
SEATX
MCFIX
SEATX vs. MCFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) and Mercer Core Fixed Income Fund (MCFIX). 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.
| SEATX | MCFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.36 | 0.70 | -0.34 |
Sortino ratioReturn per unit of downside risk | 0.50 | 1.01 | -0.51 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.13 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 1.73 | -1.28 |
Martin ratioReturn relative to average drawdown | 1.33 | 5.00 | -3.67 |
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
| SEATX | MCFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 0.70 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.03 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.15 | +0.68 |
Correlation
The correlation between SEATX and MCFIX is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SEATX vs. MCFIX - Dividend Comparison
SEATX's dividend yield for the trailing twelve months is around 4.16%, less than MCFIX's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SEATX SEI Tax Exempt Trust Tax-Advantaged Income Fund | 4.16% | 4.52% | 4.63% | 3.38% | 3.16% | 3.37% | 4.28% | 5.63% | 4.76% | 4.65% | 4.10% | 4.25% |
MCFIX Mercer Core Fixed Income Fund | 4.30% | 3.89% | 4.54% | 3.68% | 3.31% | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SEATX vs. MCFIX - Drawdown Comparison
The maximum SEATX drawdown since its inception was -28.46%, which is greater than MCFIX's maximum drawdown of -21.68%. Use the drawdown chart below to compare losses from any high point for SEATX and MCFIX.
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Drawdown Indicators
| SEATX | MCFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.46% | -21.68% | -6.78% |
Max Drawdown (1Y)Largest decline over 1 year | -4.65% | -3.09% | -1.56% |
Max Drawdown (5Y)Largest decline over 5 years | -17.71% | -18.72% | +1.01% |
Max Drawdown (10Y)Largest decline over 10 years | -17.71% | — | — |
Current DrawdownCurrent decline from peak | -2.29% | -5.87% | +3.58% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -8.61% | +5.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.07% | +0.50% |
Volatility
SEATX vs. MCFIX - Volatility Comparison
The current volatility for SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) is 1.15%, while Mercer Core Fixed Income Fund (MCFIX) has a volatility of 1.54%. This indicates that SEATX experiences smaller price fluctuations and is considered to be less risky than MCFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SEATX | MCFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 1.54% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 1.91% | 2.68% | -0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.80% | 4.81% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.24% | 6.01% | -1.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.54% | 6.16% | -1.62% |