SECPX vs. TMPFX

Last updated Apr 1, 2026

Compare and contrast key facts about SEI Daily Income Ultra Short Duration Bond Fund (SECPX) and Tactical Multi-Purpose Fund (TMPFX).

SECPX is managed by SEI. It was launched on Sep 28, 1993. TMPFX is managed by Fisher Investments. It was launched on Mar 30, 2017.

Performance

SECPX vs. TMPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Daily Income Ultra Short Duration Bond Fund (SECPX) and Tactical Multi-Purpose Fund (TMPFX). The values are adjusted to include any dividend payments, if applicable.

SECPX vs. TMPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SECPX SEI Daily Income Ultra Short Duration Bond Fund	0.21%	4.76%	4.68%	5.07%	-1.22%	-0.06%	1.84%	3.23%	1.72%
TMPFX Tactical Multi-Purpose Fund	0.71%	3.71%	4.26%	3.90%	0.51%	-0.91%	-0.60%	0.30%	-0.30%

Returns By Period

In the year-to-date period, SECPX achieves a 0.21% return, which is significantly lower than TMPFX's 0.71% return.

SECPX

• 1D: 0.11%
• 1M: -0.43%
• YTD: 0.21%
• 6M: 1.35%
• 1Y: 3.74%
• 3Y*: 4.49%
• 5Y*: 2.65%
• 10Y*: 2.27%

TMPFX

• 1D: 0.00%
• 1M: 0.30%
• YTD: 0.71%
• 6M: 1.57%
• 1Y: 3.61%
• 3Y*: 3.96%
• 5Y*: 2.46%
• 10Y*: —

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

SECPX vs. TMPFX - Expense Ratio Comparison

SECPX has a 0.38% expense ratio, which is lower than TMPFX's 1.14% expense ratio.

TMPFX

Tactical Multi-Purpose Fund

SECPX

SEI Daily Income Ultra Short Duration Bond Fund

Return for Risk

SECPX vs. TMPFX — Risk / Return Rank

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

SECPX

SECPX Risk / Return Rank: 99
SECPX Sharpe Ratio Rank: 98
SECPX Sortino Ratio Rank: 99
SECPX Omega Ratio Rank: 99
SECPX Calmar Ratio Rank: 99
SECPX Martin Ratio Rank: 99

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.

SECPX vs. TMPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Daily Income Ultra Short Duration Bond Fund (SECPX) and Tactical Multi-Purpose Fund (TMPFX). 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.

	SECPX	TMPFX	Difference
Sharpe ratio Return per unit of total volatility	2.84	6.59	-3.75
Sortino ratio Return per unit of downside risk	6.95	—	—
Omega ratio Gain probability vs. loss probability	2.36	—	—
Calmar ratio Return relative to maximum drawdown	7.96	—	—
Martin ratio Return relative to average drawdown	32.89	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SECPX vs. TMPFX - Sharpe Ratio Comparison

The current SECPX Sharpe Ratio is 2.84, which is lower than the TMPFX Sharpe Ratio of 6.59. The chart below compares the historical Sharpe Ratios of SECPX and TMPFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SECPX	TMPFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.84	6.59	-3.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.99	1.06	+0.93
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.76	+0.32

Correlation

The correlation between SECPX and TMPFX is 0.00, 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

SECPX vs. TMPFX - Dividend Comparison

SECPX's dividend yield for the trailing twelve months is around 3.78%, which matches TMPFX's 3.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SECPX SEI Daily Income Ultra Short Duration Bond Fund	3.78%	4.21%	3.80%	3.17%	1.05%	0.58%	1.49%	2.53%	2.14%	1.44%	1.00%	1.59%
TMPFX Tactical Multi-Purpose Fund	3.78%	3.81%	4.15%	3.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SECPX vs. TMPFX - Drawdown Comparison

The maximum SECPX drawdown since its inception was -11.64%, which is greater than TMPFX's maximum drawdown of -3.52%. Use the drawdown chart below to compare losses from any high point for SECPX and TMPFX.

Drawdown Indicators

	SECPX	TMPFX	Difference
Max Drawdown Largest peak-to-trough decline	-11.64%	-3.52%	-8.12%
Max Drawdown (1Y) Largest decline over 1 year	-0.53%	0.00%	-0.53%
Max Drawdown (5Y) Largest decline over 5 years	-2.64%	-3.52%	+0.88%
Max Drawdown (10Y) Largest decline over 10 years	-4.47%	—	—
Current Drawdown Current decline from peak	-0.43%	0.00%	-0.43%
Average Drawdown Average peak-to-trough decline	-0.55%	-0.66%	+0.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.13%	0.00%	+0.13%

Volatility

SECPX vs. TMPFX - Volatility Comparison

SEI Daily Income Ultra Short Duration Bond Fund (SECPX) has a higher volatility of 0.29% compared to Tactical Multi-Purpose Fund (TMPFX) at 0.17%. This indicates that SECPX's price experiences larger fluctuations and is considered to be riskier than TMPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SECPX	TMPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.29%	0.17%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	1.00%	0.37%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	1.46%	0.55%	+0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.34%	2.33%	-0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.24%	1.83%	-0.59%