SEATX vs. SPINX
Compare and contrast key facts about SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) and SEI Institutional Investments Trust S&P 500 Index Fund (SPINX).
SEATX is managed by SEI. It was launched on Sep 4, 2007. SPINX is a passively managed fund by SEI that tracks the performance of the S&P 500 Index. It was launched on Dec 18, 2013.
Performance
SEATX vs. SPINX - Performance Comparison
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SEATX vs. SPINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SEATX SEI Tax Exempt Trust Tax-Advantaged Income Fund | -0.14% | 2.12% | 5.75% | 5.57% | -13.10% | 4.00% | 6.20% | 10.58% | 0.56% | 8.54% |
SPINX SEI Institutional Investments Trust S&P 500 Index Fund | -4.36% | 17.89% | 24.02% | 26.24% | -18.27% | 28.62% | 18.35% | 31.42% | -4.46% | 21.74% |
Returns By Period
In the year-to-date period, SEATX achieves a -0.14% return, which is significantly higher than SPINX's -4.36% return. Over the past 10 years, SEATX has underperformed SPINX with an annualized return of 2.80%, while SPINX has yielded a comparatively higher 13.92% annualized 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%
SPINX
- 1D
- 2.94%
- 1M
- -5.04%
- YTD
- -4.36%
- 6M
- -2.09%
- 1Y
- 17.35%
- 3Y*
- 17.98%
- 5Y*
- 11.54%
- 10Y*
- 13.92%
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SEATX vs. SPINX - Expense Ratio Comparison
SEATX has a 0.86% expense ratio, which is higher than SPINX's 0.12% expense ratio.
Return for Risk
SEATX vs. SPINX — Risk / Return Rank
SEATX
SPINX
SEATX vs. SPINX - 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 SEI Institutional Investments Trust S&P 500 Index Fund (SPINX). 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 | SPINX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.36 | 0.97 | -0.61 |
Sortino ratioReturn per unit of downside risk | 0.50 | 1.49 | -0.99 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.23 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 1.53 | -1.08 |
Martin ratioReturn relative to average drawdown | 1.33 | 7.30 | -5.98 |
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 | SPINX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 0.97 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.52 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.67 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.65 | +0.17 |
Correlation
The correlation between SEATX and SPINX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
SEATX vs. SPINX - Dividend Comparison
SEATX's dividend yield for the trailing twelve months is around 4.16%, less than SPINX's 12.44% 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% |
SPINX SEI Institutional Investments Trust S&P 500 Index Fund | 12.44% | 11.90% | 26.02% | 9.77% | 9.59% | 6.58% | 3.58% | 3.01% | 4.94% | 2.32% | 1.97% | 2.29% |
Drawdowns
SEATX vs. SPINX - Drawdown Comparison
The maximum SEATX drawdown since its inception was -28.46%, smaller than the maximum SPINX drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for SEATX and SPINX.
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Drawdown Indicators
| SEATX | SPINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.46% | -33.82% | +5.36% |
Max Drawdown (1Y)Largest decline over 1 year | -4.65% | -12.11% | +7.46% |
Max Drawdown (5Y)Largest decline over 5 years | -17.71% | -32.91% | +15.20% |
Max Drawdown (10Y)Largest decline over 10 years | -17.71% | -33.82% | +16.11% |
Current DrawdownCurrent decline from peak | -2.29% | -11.03% | +8.74% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -5.25% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.53% | -0.96% |
Volatility
SEATX vs. SPINX - Volatility Comparison
The current volatility for SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) is 1.15%, while SEI Institutional Investments Trust S&P 500 Index Fund (SPINX) has a volatility of 5.36%. This indicates that SEATX experiences smaller price fluctuations and is considered to be less risky than SPINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SEATX | SPINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 5.36% | -4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 1.91% | 9.59% | -7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.80% | 18.34% | -13.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.24% | 22.50% | -18.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.54% | 20.94% | -16.40% |