SEIM vs. FXAIX
Compare and contrast key facts about SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and Fidelity 500 Index Fund (FXAIX).
SEIM is an actively managed fund by SEI. It was launched on May 16, 2022. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SEIM or FXAIX.
Correlation
The correlation between SEIM and FXAIX is 0.92, 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
SEIM vs. FXAIX - Performance Comparison
Key characteristics
SEIM:
1.06
FXAIX:
0.74
SEIM:
1.52
FXAIX:
1.14
SEIM:
1.22
FXAIX:
1.17
SEIM:
1.11
FXAIX:
0.77
SEIM:
3.94
FXAIX:
3.06
SEIM:
6.23%
FXAIX:
4.72%
SEIM:
23.26%
FXAIX:
19.51%
SEIM:
-22.17%
FXAIX:
-33.79%
SEIM:
-8.99%
FXAIX:
-7.24%
Returns By Period
The year-to-date returns for both stocks are quite close, with SEIM having a -2.86% return and FXAIX slightly lower at -2.95%.
SEIM
-2.86%
8.87%
4.05%
22.13%
N/A
N/A
FXAIX
-2.95%
5.10%
-0.11%
12.36%
16.69%
12.41%
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SEIM vs. FXAIX - Expense Ratio Comparison
SEIM has a 0.15% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SEIM vs. FXAIX — Risk-Adjusted Performance Rank
SEIM
FXAIX
SEIM vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and Fidelity 500 Index Fund (FXAIX). 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
SEIM vs. FXAIX - Dividend Comparison
SEIM's dividend yield for the trailing twelve months is around 0.58%, less than FXAIX's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SEIM SEI Enhanced US Large Cap Momentum Factor ETF | 0.58% | 0.48% | 0.89% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.31% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% |
Drawdowns
SEIM vs. FXAIX - Drawdown Comparison
The maximum SEIM drawdown since its inception was -22.17%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for SEIM and FXAIX. For additional features, visit the drawdowns tool.
Volatility
SEIM vs. FXAIX - Volatility Comparison
SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) has a higher volatility of 15.34% compared to Fidelity 500 Index Fund (FXAIX) at 14.31%. This indicates that SEIM's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.