SNSAX vs. FILDX

Last updated Jun 5, 2026

SNSAX (SEI Asset Allocation Trust Defensive Strategy Fund) and FILDX (Frost Low Duration Bond Fund) are both Short-Term Bond funds. Over the past 10 years, SNSAX returned 2.85%/yr vs 2.22%/yr for FILDX. At a 0.31 correlation, their price movements are largely independent. SNSAX charges 0.61%/yr vs 0.43%/yr for FILDX.

Performance

SNSAX vs. FILDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Asset Allocation Trust Defensive Strategy Fund (SNSAX) and Frost Low Duration Bond Fund (FILDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNSAX achieves a 1.76% return, which is significantly higher than FILDX's 0.40% return. Over the past 10 years, SNSAX has outperformed FILDX with an annualized return of 2.85%, while FILDX has yielded a comparatively lower 2.22% annualized return.

SNSAX

• 1D: -0.10%
• 1M: 0.20%
• YTD: 1.76%
• 6M: 2.07%
• 1Y: 5.22%
• 3Y*: 5.44%
• 5Y*: 2.91%
• 10Y*: 2.85%

FILDX

• 1D: -0.10%
• 1M: 0.01%
• YTD: 0.40%
• 6M: 0.76%
• 1Y: 3.53%
• 3Y*: 4.80%
• 5Y*: 2.07%
• 10Y*: 2.22%

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

SNSAX vs. FILDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNSAX SEI Asset Allocation Trust Defensive Strategy Fund	1.76%	6.29%	5.12%	4.67%	-3.55%	2.35%	2.72%	6.25%	-0.26%	2.81%
FILDX Frost Low Duration Bond Fund	0.40%	5.26%	4.87%	5.71%	-4.80%	-0.35%	4.25%	3.22%	1.83%	1.77%

Correlation

The correlation between SNSAX and FILDX is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Nov 19, 2003	0.31

Over the past year, SNSAX and FILDX have become more correlated (0.60) than their long-term average of 0.31, meaning their price movements have been converging.

Return for Risk

SNSAX vs. FILDX — Risk / Return Rank

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

SNSAX

SNSAX Risk / Return Rank: 88
SNSAX Sharpe Ratio Rank: 91
SNSAX Sortino Ratio Rank: 93
SNSAX Omega Ratio Rank: 90
SNSAX Calmar Ratio Rank: 83
SNSAX Martin Ratio Rank: 84

FILDX

FILDX Risk / Return Rank: 65
FILDX Sharpe Ratio Rank: 54
FILDX Sortino Ratio Rank: 63
FILDX Omega Ratio Rank: 68
FILDX Calmar Ratio Rank: 77
FILDX Martin Ratio Rank: 62

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.

SNSAX vs. FILDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Asset Allocation Trust Defensive Strategy Fund (SNSAX) and Frost Low Duration Bond Fund (FILDX). 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.

	SNSAX	FILDX	Difference
Sharpe ratio: Return per unit of total volatility	3.05	2.13	+0.92
Sortino ratio: Return per unit of downside risk	4.70	3.27	+1.43
Omega ratio: Gain probability vs. loss probability	1.66	1.45	+0.21
Calmar ratio: Return relative to maximum drawdown	3.80	3.41	+0.39
Martin ratio: Return relative to average drawdown	15.31	12.05	+3.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNSAX vs. FILDX - Sharpe Ratio Comparison

The current SNSAX Sharpe Ratio is 3.05, which is higher than the FILDX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of SNSAX and FILDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SNSAX	FILDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.05	2.13	+0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	0.96	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.11	1.22	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	0.96	+0.20

Drawdowns

SNSAX vs. FILDX - Drawdown Comparison

The maximum SNSAX drawdown since its inception was -12.22%, which is greater than FILDX's maximum drawdown of -7.20%. Use the drawdown chart below to compare losses from any high point for SNSAX and FILDX.

Drawdown Indicators

	SNSAX	FILDX	Difference
Max Drawdown Largest peak-to-trough decline	-12.22%	-7.20%	-5.02%
Max Drawdown (1Y) Largest decline over 1 year	-1.41%	-1.10%	-0.31%
Max Drawdown (3Y) Largest decline over 3 years	-1.96%	-1.14%	-0.82%
Max Drawdown (5Y) Largest decline over 5 years	-6.87%	-7.20%	+0.33%
Max Drawdown (10Y) Largest decline over 10 years	-6.87%	-7.20%	+0.33%
Current Drawdown Current decline from peak	-0.10%	-0.51%	+0.41%
Average Drawdown Average peak-to-trough decline	-1.83%	-1.60%	-0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	0.31%	+0.04%

Volatility

SNSAX vs. FILDX - Volatility Comparison

SEI Asset Allocation Trust Defensive Strategy Fund (SNSAX) and Frost Low Duration Bond Fund (FILDX) have volatilities of 0.49% and 0.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNSAX	FILDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.49%	0.51%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	1.30%	1.23%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	1.75%	1.77%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.79%	2.17%	+0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.57%	1.83%	+0.74%

SNSAX vs. FILDX - Expense Ratio Comparison

SNSAX has a 0.61% expense ratio, which is higher than FILDX's 0.43% expense ratio.

Dividends

SNSAX vs. FILDX - Dividend Comparison

SNSAX's dividend yield for the trailing twelve months is around 3.12%, less than FILDX's 4.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FILDX Frost Low Duration Bond Fund	4.23%	3.61%	4.45%	3.65%	1.86%	1.98%	2.02%	2.18%	1.90%	1.76%	1.63%	1.35%
SNSAX SEI Asset Allocation Trust Defensive Strategy Fund	3.12%	3.19%	4.20%	3.08%	3.74%	3.47%	1.88%	2.40%	1.81%	1.85%	1.19%	1.21%

Frequently Asked Questions

Can I hold both SNSAX and FILDX in my portfolio?

SNSAX and FILDX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNSAX or FILDX?

FILDX has higher volatility (0.51%) compared to SNSAX (0.49%). In terms of maximum drawdown, SNSAX dropped -12.22% vs FILDX's -7.20%.

Which has better risk-adjusted returns?

SNSAX currently has the higher Sharpe Ratio (3.05 vs 2.13), 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.