SIFAX vs. TSAIX

Last updated Jun 23, 2026

SIFAX (SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund) and TSAIX (TIAA-CREF Lifestyle Aggressive Growth Fund) are both Diversified Portfolio funds. Over the past 10 years, SIFAX returned 3.19%/yr vs 12.15%/yr for TSAIX. At a 0.27 correlation, their price movements are largely independent. SIFAX charges 0.90%/yr vs 0.04%/yr for TSAIX.

Performance

SIFAX vs. TSAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) and TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIFAX achieves a 5.43% return, which is significantly lower than TSAIX's 10.50% return. Over the past 10 years, SIFAX has underperformed TSAIX with an annualized return of 3.19%, while TSAIX has yielded a comparatively higher 12.15% annualized return.

SIFAX

• 1D: -0.60%
• 1M: -3.02%
• YTD: 5.43%
• 6M: 5.82%
• 1Y: 7.78%
• 3Y*: 6.35%
• 5Y*: 5.48%
• 10Y*: 3.19%

TSAIX

• 1D: 1.32%
• 1M: 2.30%
• YTD: 10.50%
• 6M: 10.41%
• 1Y: 26.71%
• 3Y*: 18.10%
• 5Y*: 9.91%
• 10Y*: 12.15%

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

SIFAX vs. TSAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	5.43%	7.82%	4.08%	-1.74%	8.48%	10.83%	-1.59%	5.68%	-3.64%	-1.96%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	10.50%	20.04%	15.46%	22.72%	-19.57%	17.10%	19.69%	27.97%	-11.27%	22.35%

Correlation

The correlation between SIFAX and TSAIX is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.20
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.27

The correlation between SIFAX and TSAIX shifts across timeframes, from -0.20 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SIFAX vs. TSAIX — Risk / Return Rank

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

SIFAX

SIFAX Risk / Return Rank: 30
SIFAX Sharpe Ratio Rank: 28
SIFAX Sortino Ratio Rank: 28
SIFAX Omega Ratio Rank: 27
SIFAX Calmar Ratio Rank: 28
SIFAX Martin Ratio Rank: 41

TSAIX

TSAIX Risk / Return Rank: 51
TSAIX Sharpe Ratio Rank: 50
TSAIX Sortino Ratio Rank: 48
TSAIX Omega Ratio Rank: 49
TSAIX Calmar Ratio Rank: 50
TSAIX Martin Ratio Rank: 59

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.

SIFAX vs. TSAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) and TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SIFAX	TSAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.93	-0.52
Sortino ratio: Return per unit of downside risk	2.05	2.67	-0.62
Omega ratio: Gain probability vs. loss probability	1.25	1.35	-0.10
Calmar ratio: Return relative to maximum drawdown	1.85	2.58	-0.73
Martin ratio: Return relative to average drawdown	8.26	11.06	-2.79

SIFAX vs. TSAIX - Sharpe Ratio Comparison

The current SIFAX Sharpe Ratio is 1.41, which is comparable to the TSAIX Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of SIFAX and TSAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SIFAX vs. TSAIX - Drawdown Comparison

The maximum SIFAX drawdown since its inception was -23.62%, smaller than the maximum TSAIX drawdown of -34.58%. Use the drawdown chart below to compare losses from any high point for SIFAX and TSAIX.

Drawdown Indicators

	SIFAX	TSAIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.62%	-34.58%	+10.96%
Max Drawdown (1Y) Largest decline over 1 year	-4.24%	-10.28%	+6.04%
Max Drawdown (3Y) Largest decline over 3 years	-4.24%	-17.29%	+13.05%
Max Drawdown (5Y) Largest decline over 5 years	-8.32%	-28.28%	+19.96%
Max Drawdown (10Y) Largest decline over 10 years	-14.69%	-34.58%	+19.89%
Current Drawdown Current decline from peak	-4.24%	-0.12%	-4.12%
Average Drawdown Average peak-to-trough decline	-8.53%	-4.90%	-3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	2.38%	-1.43%

Volatility

SIFAX vs. TSAIX - Volatility Comparison

The current volatility for SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) is 1.71%, while TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX) has a volatility of 5.38%. This indicates that SIFAX experiences smaller price fluctuations and is considered to be less risky than TSAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIFAX	TSAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.71%	5.38%	-3.67%
Volatility (6M) Calculated over the trailing 6-month period	4.84%	11.28%	-6.44%
Volatility (1Y) Calculated over the trailing 1-year period	5.55%	13.69%	-8.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.62%	16.38%	-10.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.22%	17.70%	-12.48%

SIFAX vs. TSAIX - Expense Ratio Comparison

SIFAX has a 0.90% expense ratio, which is higher than TSAIX's 0.04% expense ratio.

Dividends

SIFAX vs. TSAIX - Dividend Comparison

SIFAX's dividend yield for the trailing twelve months is around 4.32%, less than TSAIX's 6.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	4.32%	4.55%	3.25%	3.82%	11.90%	7.89%	1.45%	1.49%	1.90%	1.39%	1.15%	0.48%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	6.68%	7.38%	2.94%	1.81%	9.27%	11.82%	5.59%	5.71%	5.71%	1.13%	4.12%	7.19%

Frequently Asked Questions

Can I hold both SIFAX and TSAIX in my portfolio?

SIFAX and TSAIX have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIFAX or TSAIX?

TSAIX has higher volatility (5.38%) compared to SIFAX (1.71%). In terms of maximum drawdown, SIFAX dropped -23.62% vs TSAIX's -34.58%.

Which has better risk-adjusted returns?

TSAIX currently has the higher Sharpe Ratio (1.93 vs 1.41), 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.