SGYAX vs. ^GSPC
Compare and contrast key facts about SEI Institutional Investments Trust High Yield Bond Fund (SGYAX) and S&P 500 (^GSPC).
SGYAX is managed by SEI. It was launched on Dec 5, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGYAX or ^GSPC.
Correlation
The correlation between SGYAX and ^GSPC is 0.36, 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. ^GSPC - Performance Comparison
Key characteristics
SGYAX:
3.01
^GSPC:
1.74
SGYAX:
5.80
^GSPC:
2.36
SGYAX:
1.86
^GSPC:
1.32
SGYAX:
2.66
^GSPC:
2.62
SGYAX:
20.46
^GSPC:
10.69
SGYAX:
0.56%
^GSPC:
2.08%
SGYAX:
3.85%
^GSPC:
12.76%
SGYAX:
-36.45%
^GSPC:
-56.78%
SGYAX:
-0.14%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, SGYAX achieves a 1.34% return, which is significantly lower than ^GSPC's 4.01% return. Over the past 10 years, SGYAX has underperformed ^GSPC with an annualized return of 4.65%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
SGYAX
1.34%
0.91%
5.44%
11.38%
4.05%
4.65%
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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Risk-Adjusted Performance
SGYAX vs. ^GSPC — Risk-Adjusted Performance Rank
SGYAX
^GSPC
SGYAX vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
SGYAX vs. ^GSPC - Drawdown Comparison
The maximum SGYAX drawdown since its inception was -36.45%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SGYAX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SGYAX vs. ^GSPC - Volatility Comparison
The current volatility for SEI Institutional Investments Trust High Yield Bond Fund (SGYAX) is 0.96%, while S&P 500 (^GSPC) has a volatility of 3.01%. This indicates that SGYAX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.