SELCX vs. SCHG

Last updated Jun 3, 2026

SELCX (SEI Institutional Managed Trust Large Cap Growth Fund) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both Large Cap Growth Equities funds. Over the past 10 years, SELCX returned 17.59%/yr vs 18.92%/yr for SCHG. With a 0.97 correlation, they move nearly in lockstep. SELCX charges 0.89%/yr vs 0.04%/yr for SCHG.

Performance

SELCX vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Managed Trust Large Cap Growth Fund (SELCX) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SELCX achieves a 13.19% return, which is significantly higher than SCHG's 7.74% return. Over the past 10 years, SELCX has underperformed SCHG with an annualized return of 17.59%, while SCHG has yielded a comparatively higher 18.92% annualized return.

SELCX

• 1D: 0.84%
• 1M: 6.78%
• YTD: 13.19%
• 6M: 12.96%
• 1Y: 31.24%
• 3Y*: 26.58%
• 5Y*: 15.21%
• 10Y*: 17.59%

SCHG

• 1D: -0.57%
• 1M: 5.91%
• YTD: 7.74%
• 6M: 7.31%
• 1Y: 27.05%
• 3Y*: 25.53%
• 5Y*: 16.21%
• 10Y*: 18.92%

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

SELCX vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SELCX SEI Institutional Managed Trust Large Cap Growth Fund	13.19%	17.81%	32.24%	39.18%	-28.99%	25.73%	34.01%	33.21%	-0.93%	28.40%
SCHG Schwab U.S. Large-Cap Growth ETF	7.74%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%

Correlation

The correlation between SELCX and SCHG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Dec 14, 2009	0.97

The correlation between SELCX and SCHG has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

SELCX vs. SCHG — Risk / Return Rank

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

SELCX

SELCX Risk / Return Rank: 55
SELCX Sharpe Ratio Rank: 57
SELCX Sortino Ratio Rank: 51
SELCX Omega Ratio Rank: 51
SELCX Calmar Ratio Rank: 55
SELCX Martin Ratio Rank: 62

SCHG

SCHG Risk / Return Rank: 43
SCHG Sharpe Ratio Rank: 50
SCHG Sortino Ratio Rank: 48
SCHG Omega Ratio Rank: 49
SCHG Calmar Ratio Rank: 34
SCHG Martin Ratio Rank: 36

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.

SELCX vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Large Cap Growth Fund (SELCX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.

	SELCX	SCHG	Difference
Sharpe ratio Return per unit of total volatility	2.24	1.76	+0.48
Sortino ratio Return per unit of downside risk	3.00	2.37	+0.63
Omega ratio Gain probability vs. loss probability	1.39	1.31	+0.08
Calmar ratio Return relative to maximum drawdown	2.84	1.70	+1.14
Martin ratio Return relative to average drawdown	12.25	5.70	+6.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SELCX vs. SCHG - Sharpe Ratio Comparison

The current SELCX Sharpe Ratio is 2.24, which is comparable to the SCHG Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of SELCX and SCHG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SELCX	SCHG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	1.76	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.73	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.88	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.85	-0.36

Drawdowns

SELCX vs. SCHG - Drawdown Comparison

The maximum SELCX drawdown since its inception was -68.55%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for SELCX and SCHG.

Drawdown Indicators

	SELCX	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-68.55%	-34.59%	-33.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.32%	-16.41%	+5.09%
Max Drawdown (3Y) Largest decline over 3 years	-34.96%	-23.39%	-11.57%
Max Drawdown (5Y) Largest decline over 5 years	-34.96%	-34.59%	-0.37%
Max Drawdown (10Y) Largest decline over 10 years	-34.96%	-34.59%	-0.37%
Current Drawdown Current decline from peak	0.00%	-0.57%	+0.57%
Average Drawdown Average peak-to-trough decline	-22.36%	-5.20%	-17.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	4.90%	-2.27%

Volatility

SELCX vs. SCHG - Volatility Comparison

SEI Institutional Managed Trust Large Cap Growth Fund (SELCX) and Schwab U.S. Large-Cap Growth ETF (SCHG) have volatilities of 3.25% and 3.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SELCX	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	3.31%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	11.16%	11.56%	-0.40%
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	15.45%	-1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.42%	22.27%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.23%	21.55%	+1.68%

SELCX vs. SCHG - Expense Ratio Comparison

SELCX has a 0.89% expense ratio, which is higher than SCHG's 0.04% expense ratio.

Dividends

SELCX vs. SCHG - Dividend Comparison

SELCX's dividend yield for the trailing twelve months is around 20.51%, more than SCHG's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHG Schwab U.S. Large-Cap Growth ETF	0.36%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%
SELCX SEI Institutional Managed Trust Large Cap Growth Fund	20.51%	23.21%	22.18%	16.86%	8.18%	13.35%	9.37%	5.94%	14.76%	8.57%	0.11%	19.07%

Frequently Asked Questions

Can I hold both SELCX and SCHG in my portfolio?

With a correlation of 0.94, SELCX and SCHG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SELCX or SCHG?

SCHG has higher volatility (3.31%) compared to SELCX (3.25%). In terms of maximum drawdown, SELCX dropped -68.55% vs SCHG's -34.59%.

Which has better risk-adjusted returns?

SELCX currently has the higher Sharpe Ratio (2.24 vs 1.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.