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SEIMX vs. STDAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

SEIMX vs. STDAX

Last updated Apr 2, 2026

Compare and contrast key facts about SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) and SEI Asset Allocation Trust Defensive Strategy Allocation Fund (STDAX).

SEIMX is managed by SEI. It was launched on Sep 4, 1989. STDAX is managed by SEI. It was launched on Nov 16, 2003.

Performance

SEIMX vs. STDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) and SEI Asset Allocation Trust Defensive Strategy Allocation Fund (STDAX). The values are adjusted to include any dividend payments, if applicable.

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SEIMX vs. STDAX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SEIMX
SEI Tax Exempt Trust Intermediate-Term Municipal Fund		-0.43%5.10%1.52%5.02%-8.87%1.39%4.87%7.17%0.70%4.62%
STDAX
SEI Asset Allocation Trust Defensive Strategy Allocation Fund		0.45%4.46%5.35%4.45%-1.58%1.56%-19.54%19.83%-3.32%9.70%

Returns By Period

In the year-to-date period, SEIMX achieves a -0.43% return, which is significantly lower than STDAX's 0.45% return. Over the past 10 years, SEIMX has underperformed STDAX with an annualized return of 1.83%, while STDAX has yielded a comparatively higher 2.53% annualized return.

SEIMX

1D
0.27%
1M
-2.30%
YTD
-0.43%
6M
0.79%
1Y
3.62%
3Y*
2.94%
5Y*
0.67%
10Y*
1.83%

STDAX

1D
0.09%
1M
-0.09%
YTD
0.45%
6M
1.30%
1Y
3.90%
3Y*
4.44%
5Y*
2.79%
10Y*
2.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SEI Tax Exempt Trust Intermediate-Term Municipal Fund

SEI Asset Allocation Trust Defensive Strategy Allocation Fund

Often compared with SEIMX:
SEIMX vs. STAGSEIMX vs. MUBSEIMX vs. SEPAXSEIMX vs. SIEMXSEIMX vs. SMQFXSEIMX vs. LDRAXSEIMX vs. SGYAX
Often compared with STDAX:
STDAX vs. FRGAXSTDAX vs. GWPAXSTDAX vs. FKINXSTDAX vs. FGTIXSTDAX vs. VTTVXSTDAX vs. FPURXSTDAX vs. MAPOX

SEIMX vs. STDAX - Expense Ratio Comparison

SEIMX has a 0.63% expense ratio, which is higher than STDAX's 0.35% expense ratio.

SEIMX
SEI Tax Exempt Trust Intermediate-Term Municipal Fund
STDAX
SEI Asset Allocation Trust Defensive Strategy Allocation Fund

Return for Risk

SEIMX vs. STDAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SEIMX
SEIMX Risk / Return Rank: 4848
Overall Rank
SEIMX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
SEIMX Sortino Ratio Rank: 3939
Sortino Ratio Rank
SEIMX Omega Ratio Rank: 7373
Omega Ratio Rank
SEIMX Calmar Ratio Rank: 4141
Calmar Ratio Rank
SEIMX Martin Ratio Rank: 3838
Martin Ratio Rank
STDAX
STDAX Risk / Return Rank: 9999
Overall Rank
STDAX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
STDAX Sortino Ratio Rank: 9999
Sortino Ratio Rank
STDAX Omega Ratio Rank: 9999
Omega Ratio Rank
STDAX Calmar Ratio Rank: 9999
Calmar Ratio Rank
STDAX Martin Ratio Rank: 9999
Martin Ratio Rank
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.

SEIMX vs. STDAX - 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 Asset Allocation Trust Defensive Strategy Allocation Fund (STDAX). 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.

SEIMXSTDAXDifference

Sharpe ratio

Return per unit of total volatility

1.02

4.33

-3.30

Sortino ratio

Return per unit of downside risk

1.35

7.27

-5.91

Omega ratio

Gain probability vs. loss probability

1.29

2.54

-1.24

Calmar ratio

Return relative to maximum drawdown

1.22

6.81

-5.60

Martin ratio

Return relative to average drawdown

4.49

32.75

-28.26

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEIMX vs. STDAX - Sharpe Ratio Comparison

The current SEIMX Sharpe Ratio is 1.02, which is lower than the STDAX Sharpe Ratio of 4.33. The chart below compares the historical Sharpe Ratios of SEIMX and STDAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

SEIMXSTDAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.02

4.33

-3.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

1.43

-1.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.38

+0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

1.39

-0.00

+1.39

Correlation

The correlation between SEIMX and STDAX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

SEIMX vs. STDAX - Dividend Comparison

SEIMX's dividend yield for the trailing twelve months is around 3.00%, less than STDAX's 4.47% yield.

TTM20252024202320222021202020192018201720162015
SEIMX
SEI Tax Exempt Trust Intermediate-Term Municipal Fund		3.00%3.93%2.60%2.13%1.79%2.13%2.39%2.71%2.60%2.43%2.49%2.51%
STDAX
SEI Asset Allocation Trust Defensive Strategy Allocation Fund		4.47%4.49%4.97%4.77%3.54%0.87%1.71%5.19%8.53%6.92%10.19%3.84%

Drawdowns

SEIMX vs. STDAX - Drawdown Comparison

The maximum SEIMX drawdown since its inception was -13.27%, smaller than the maximum STDAX drawdown of -76.81%. Use the drawdown chart below to compare losses from any high point for SEIMX and STDAX.

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Drawdown Indicators

SEIMXSTDAXDifference

Max Drawdown

Largest peak-to-trough decline

-13.27%

-76.81%

+63.54%

Max Drawdown (1Y)

Largest decline over 1 year

-3.88%

-0.59%

-3.29%

Max Drawdown (5Y)

Largest decline over 5 years

-13.27%

-2.91%

-10.36%

Max Drawdown (10Y)

Largest decline over 10 years

-13.27%

-26.89%

+13.62%

Current Drawdown

Current decline from peak

-2.47%

-9.47%

+7.00%

Average Drawdown

Average peak-to-trough decline

-1.49%

-31.94%

+30.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.05%

0.12%

+0.93%

Volatility

SEIMX vs. STDAX - Volatility Comparison

SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) has a higher volatility of 1.03% compared to SEI Asset Allocation Trust Defensive Strategy Allocation Fund (STDAX) at 0.40%. This indicates that SEIMX's price experiences larger fluctuations and is considered to be riskier than STDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SEIMXSTDAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.03%

0.40%

+0.63%

Volatility (6M)

Calculated over the trailing 6-month period

1.51%

0.64%

+0.87%

Volatility (1Y)

Calculated over the trailing 1-year period

3.92%

0.93%

+2.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.23%

1.95%

+1.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.63%

6.69%

-3.06%