SEIMX vs. SLDAX
Compare and contrast key facts about SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) and SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX).
SEIMX is managed by SEI. It was launched on Sep 4, 1989. SLDAX is managed by SEI. It was launched on Jun 28, 2012.
Performance
SEIMX vs. SLDAX - Performance Comparison
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SEIMX vs. SLDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SEIMX SEI Tax Exempt Trust Intermediate-Term Municipal Fund | -0.70% | 5.10% | 1.52% | 5.02% | -8.87% | 1.39% | 4.87% | 7.17% | 0.70% | 4.62% |
SLDAX SEI Institutional Investments Trust Long Duration Credit Fund | -1.77% | 7.37% | -2.78% | 8.14% | -26.58% | -2.80% | 16.56% | 21.45% | -6.23% | 11.67% |
Returns By Period
In the year-to-date period, SEIMX achieves a -0.70% return, which is significantly higher than SLDAX's -1.77% return. Both investments have delivered pretty close results over the past 10 years, with SEIMX having a 1.80% annualized return and SLDAX not far behind at 1.78%.
SEIMX
- 1D
- 0.09%
- 1M
- -2.73%
- YTD
- -0.70%
- 6M
- 0.52%
- 1Y
- 3.62%
- 3Y*
- 2.85%
- 5Y*
- 0.63%
- 10Y*
- 1.80%
SLDAX
- 1D
- 1.06%
- 1M
- -4.03%
- YTD
- -1.77%
- 6M
- -2.02%
- 1Y
- 2.57%
- 3Y*
- 1.52%
- 5Y*
- -2.58%
- 10Y*
- 1.78%
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SEIMX vs. SLDAX - Expense Ratio Comparison
SEIMX has a 0.63% expense ratio, which is higher than SLDAX's 0.14% expense ratio.
Return for Risk
SEIMX vs. SLDAX — Risk / Return Rank
SEIMX
SLDAX
SEIMX vs. SLDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) and SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX). 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.
| SEIMX | SLDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 0.40 | +0.75 |
Sortino ratioReturn per unit of downside risk | 1.53 | 0.59 | +0.94 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.07 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 0.83 | +0.36 |
Martin ratioReturn relative to average drawdown | 4.45 | 1.98 | +2.48 |
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
| SEIMX | SLDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 0.40 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | -0.21 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.16 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.38 | 0.21 | +1.17 |
Correlation
The correlation between SEIMX and SLDAX is 0.51, 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
SEIMX vs. SLDAX - Dividend Comparison
SEIMX's dividend yield for the trailing twelve months is around 3.01%, less than SLDAX's 4.72% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SEIMX SEI Tax Exempt Trust Intermediate-Term Municipal Fund | 3.01% | 3.93% | 2.60% | 2.13% | 1.79% | 2.13% | 2.39% | 2.71% | 2.60% | 2.43% | 2.49% | 2.51% |
SLDAX SEI Institutional Investments Trust Long Duration Credit Fund | 4.72% | 5.03% | 4.63% | 3.38% | 3.27% | 5.81% | 7.64% | 3.79% | 4.26% | 4.41% | 4.22% | 6.63% |
Drawdowns
SEIMX vs. SLDAX - Drawdown Comparison
The maximum SEIMX drawdown since its inception was -13.27%, smaller than the maximum SLDAX drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for SEIMX and SLDAX.
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Drawdown Indicators
| SEIMX | SLDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.27% | -36.12% | +22.85% |
Max Drawdown (1Y)Largest decline over 1 year | -3.88% | -5.22% | +1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -13.27% | -35.17% | +21.90% |
Max Drawdown (10Y)Largest decline over 10 years | -13.27% | -36.12% | +22.85% |
Current DrawdownCurrent decline from peak | -2.73% | -21.69% | +18.96% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -10.49% | +9.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 2.20% | -1.16% |
Volatility
SEIMX vs. SLDAX - Volatility Comparison
The current volatility for SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) is 0.95%, while SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX) has a volatility of 3.30%. This indicates that SEIMX experiences smaller price fluctuations and is considered to be less risky than SLDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SEIMX | SLDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 3.30% | -2.35% |
Volatility (6M)Calculated over the trailing 6-month period | 1.49% | 5.15% | -3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.92% | 8.68% | -4.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.23% | 12.17% | -8.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.63% | 11.27% | -7.64% |