SISAX vs. SDLAX
SISAX (SEI Asset Allocation Trust Tax-Managed Aggressive Strategy Fund) and SDLAX (SEI Institutional Investments Trust Dynamic Asset Allocation Fund) are both mutual funds - SISAX is a Diversified Portfolio fund managed by SEI, while SDLAX is a Large Cap Blend Equities fund managed by SEI. Over the past 10 years, SISAX returned 10.71%/yr vs 14.78%/yr for SDLAX. Their correlation of 0.92 means they have usually moved in the same direction. SISAX charges 0.35%/yr vs 0.67%/yr for SDLAX.
Performance
SISAX vs. SDLAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SISAX achieves a 9.97% return, which is significantly higher than SDLAX's 8.58% return. Over the past 10 years, SISAX has underperformed SDLAX with an annualized return of 10.71%, while SDLAX has yielded a comparatively higher 14.78% annualized return.
SISAX
- 1D
- 1.05%
- 1M
- 0.47%
- 6M
- 6.76%
- YTD
- 9.97%
- 1Y
- 20.66%
- 3Y*
- 14.60%
- 5Y*
- 8.79%
- 10Y*
- 10.71%
- ALL TIME*
- 8.41%
SDLAX
- 1D
- 1.71%
- 1M
- 0.14%
- 6M
- 7.34%
- YTD
- 8.58%
- 1Y
- 20.39%
- 3Y*
- 18.80%
- 5Y*
- 12.69%
- 10Y*
- 14.78%
- ALL TIME*
- 13.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SISAX vs. SDLAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SISAX SEI Asset Allocation Trust Tax-Managed Aggressive Strategy Fund | 9.97% | 18.50% | 11.92% | 16.12% | -14.34% | 20.96% | 11.25% | 24.42% | -8.94% | 20.14% |
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | 8.58% | 20.37% | 24.23% | 22.00% | -16.10% | 31.43% | 20.70% | 27.68% | -7.77% | 19.77% |
Correlation
The correlation between SISAX and SDLAX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011 | 0.92 |
The correlation between SISAX and SDLAX has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SISAX vs. SDLAX — Risk / Return Rank
SISAX
SDLAX
SISAX vs. SDLAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Asset Allocation Trust Tax-Managed Aggressive Strategy Fund (SISAX) and SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX). 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.
| SISAX | SDLAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.24 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 1.86 | +0.47 |
| Martin ratioReturn relative to average drawdown | 10.03 | 7.84 | +2.19 |
Loading charts...
Drawdowns
SISAX vs. SDLAX - Drawdown Comparison
The maximum SISAX drawdown since its inception was -56.25%, which is greater than SDLAX's maximum drawdown of -35.25%. Use the drawdown chart below to compare losses from any high point for SISAX and SDLAX.
Loading charts...
Drawdown Indicators
| SISAX | SDLAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.25% | -35.25% | -21.00% |
Max Drawdown (1Y)Largest decline over 1 year | -8.15% | -9.76% | +1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -14.97% | -35.25% | +20.28% |
Max Drawdown (5Y)Largest decline over 5 years | -23.64% | -35.25% | +11.61% |
Max Drawdown (10Y)Largest decline over 10 years | -34.45% | -35.25% | +0.80% |
Current DrawdownCurrent decline from peak | -0.04% | -1.98% | +1.94% |
Average DrawdownAverage peak-to-trough decline | -7.47% | -5.70% | -1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 2.31% | -0.42% |
Volatility
SISAX vs. SDLAX - Volatility Comparison
The current volatility for SEI Asset Allocation Trust Tax-Managed Aggressive Strategy Fund (SISAX) is 2.63%, while SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) has a volatility of 3.66%. This indicates that SISAX experiences smaller price fluctuations and is considered to be less risky than SDLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SISAX | SDLAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 3.66% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 8.44% | 11.19% | -2.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.74% | 13.87% | -3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.00% | 26.14% | -12.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 22.74% | -7.22% |
SISAX vs. SDLAX - Expense Ratio Comparison
SISAX has a 0.35% expense ratio, which is lower than SDLAX's 0.67% expense ratio.
Dividends
SISAX vs. SDLAX - Dividend Comparison
SISAX's dividend yield for the trailing twelve months is around 9.44%, less than SDLAX's 12.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | 12.72% | 13.81% | 32.97% | 12.32% | 14.88% | 17.50% | 12.09% | 12.85% | 1.86% | 3.79% | 1.60% | 6.89% |
SISAX SEI Asset Allocation Trust Tax-Managed Aggressive Strategy Fund | 9.44% | 10.37% | 5.01% | 5.48% | 11.49% | 3.61% | 4.03% | 2.76% | 5.26% | 1.23% | 1.29% | 1.14% |
Frequently Asked Questions
With a correlation of 0.91, SISAX and SDLAX 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.
SDLAX has higher volatility (3.66%) compared to SISAX (2.63%). In terms of maximum drawdown, SISAX dropped -56.25% vs SDLAX's -35.25%.
SISAX currently has the higher Sharpe Ratio (1.77 vs 1.31), 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.
Find the right allocation for SISAX and SDLAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer