SLCAX vs. AFNIX

Last updated Jun 24, 2026

SLCAX (SEI Institutional Investments Trust Large Cap Fund) and AFNIX (AAM/Bahl & Gaynor Income Growth Fund Class I) are both Large Cap Blend Equities funds. Their correlation of 0.89 suggests significant overlap in exposure. SLCAX charges 0.47%/yr vs 0.83%/yr for AFNIX.

Performance

SLCAX vs. AFNIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Investments Trust Large Cap Fund (SLCAX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SLCAX

• 1D: -0.35%
• 1M: 0.78%
• YTD: 10.37%
• 6M: 9.45%
• 1Y: 25.40%
• 3Y*: 19.99%
• 5Y*: 11.89%
• 10Y*: 13.79%

AFNIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLCAX vs. AFNIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLCAX SEI Institutional Investments Trust Large Cap Fund	10.37%	17.94%	20.89%	18.93%	-14.21%	26.47%	11.66%	28.06%	-6.91%	20.99%
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	1.74%	11.36%	16.23%	6.59%	-8.77%	25.23%	6.60%	25.71%	-1.98%	19.51%

Correlation

The correlation between SLCAX and AFNIX is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.89

Over the past year, the correlation between SLCAX and AFNIX has dropped to 0.63 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.

Return for Risk

SLCAX vs. AFNIX — Risk / Return Rank

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

SLCAX

SLCAX Risk / Return Rank: 74
SLCAX Sharpe Ratio Rank: 73
SLCAX Sortino Ratio Rank: 70
SLCAX Omega Ratio Rank: 66
SLCAX Calmar Ratio Rank: 77
SLCAX Martin Ratio Rank: 86

AFNIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SLCAX vs. AFNIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Large Cap Fund (SLCAX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). 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.

	SLCAX	AFNIX	Difference
Sharpe ratio: Return per unit of total volatility	2.29	—	—
Sortino ratio: Return per unit of downside risk	3.19	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.31	—	—
Martin ratio: Return relative to average drawdown	15.01	—	—

Drawdowns

Drawdown Indicators

	SLCAX	AFNIX	Difference
Max Drawdown Largest peak-to-trough decline	-56.24%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.87%	—	—
Current Drawdown Current decline from peak	-1.11%	—	—
Average Drawdown Average peak-to-trough decline	-10.54%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	—	—

Volatility

Volatility by Period

	SLCAX	AFNIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.70%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.84%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.14%	—	—

SLCAX vs. AFNIX - Expense Ratio Comparison

SLCAX has a 0.47% expense ratio, which is lower than AFNIX's 0.83% expense ratio.

Dividends

SLCAX vs. AFNIX - Dividend Comparison

SLCAX's dividend yield for the trailing twelve months is around 33.99%, more than AFNIX's 31.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	31.18%	14.13%	6.88%	3.43%	4.61%	1.78%	1.75%	2.13%	2.04%	1.72%	1.79%	2.66%
SLCAX SEI Institutional Investments Trust Large Cap Fund	33.99%	37.47%	12.36%	7.46%	13.40%	20.97%	6.89%	11.19%	31.44%	23.33%	5.33%	17.76%

Frequently Asked Questions

Can I hold both SLCAX and AFNIX in my portfolio?

SLCAX and AFNIX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.