SGYAX vs. SPLG
Compare and contrast key facts about SEI Institutional Investments Trust High Yield Bond Fund (SGYAX) and SPDR Portfolio S&P 500 ETF (SPLG).
SGYAX is managed by SEI. It was launched on Dec 5, 2005. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGYAX or SPLG.
Correlation
The correlation between SGYAX and SPLG is 0.39, 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.
Performance
SGYAX vs. SPLG - Performance Comparison
Key characteristics
SGYAX:
2.96
SPLG:
1.92
SGYAX:
5.71
SPLG:
2.58
SGYAX:
1.84
SPLG:
1.35
SGYAX:
2.62
SPLG:
2.88
SGYAX:
20.18
SPLG:
11.95
SGYAX:
0.56%
SPLG:
2.03%
SGYAX:
3.85%
SPLG:
12.64%
SGYAX:
-36.45%
SPLG:
-54.52%
SGYAX:
-0.14%
SPLG:
0.00%
Returns By Period
In the year-to-date period, SGYAX achieves a 1.34% return, which is significantly lower than SPLG's 4.34% return. Over the past 10 years, SGYAX has underperformed SPLG with an annualized return of 4.66%, while SPLG has yielded a comparatively higher 13.27% annualized return.
SGYAX
1.34%
0.91%
5.58%
11.54%
4.05%
4.66%
SPLG
4.34%
2.33%
10.19%
24.07%
14.51%
13.27%
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SGYAX vs. SPLG - Expense Ratio Comparison
SGYAX has a 0.56% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
SGYAX vs. SPLG — Risk-Adjusted Performance Rank
SGYAX
SPLG
SGYAX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust High Yield Bond Fund (SGYAX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
SGYAX vs. SPLG - Dividend Comparison
SGYAX's dividend yield for the trailing twelve months is around 9.26%, more than SPLG's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGYAX SEI Institutional Investments Trust High Yield Bond Fund | 9.26% | 9.40% | 10.18% | 8.28% | 5.84% | 6.17% | 6.32% | 6.61% | 6.36% | 6.53% | 6.85% | 3.70% |
SPLG SPDR Portfolio S&P 500 ETF | 1.22% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
SGYAX vs. SPLG - Drawdown Comparison
The maximum SGYAX drawdown since its inception was -36.45%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for SGYAX and SPLG. For additional features, visit the drawdowns tool.
Volatility
SGYAX vs. SPLG - Volatility Comparison
The current volatility for SEI Institutional Investments Trust High Yield Bond Fund (SGYAX) is 0.99%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.11%. This indicates that SGYAX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.