SPIIX vs. SDLAX
Compare and contrast key facts about SEI S&P 500 Index Fund Class I (SPIIX) and SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX).
SPIIX is a passively managed fund by SEI that tracks the performance of the S&P 500 Index. It was launched on Jun 28, 2002. SDLAX is managed by SEI. It was launched on Jul 30, 2010.
Performance
SPIIX vs. SDLAX - Performance Comparison
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SPIIX vs. SDLAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPIIX SEI S&P 500 Index Fund Class I | -7.22% | 16.97% | 24.11% | 25.49% | -18.84% | 28.04% | 17.66% | 30.72% | -5.00% | 21.06% |
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | -8.11% | 20.37% | 24.23% | 22.00% | -16.10% | 31.43% | 20.70% | 27.68% | -7.77% | 19.77% |
Returns By Period
In the year-to-date period, SPIIX achieves a -7.22% return, which is significantly higher than SDLAX's -8.11% return. Both investments have delivered pretty close results over the past 10 years, with SPIIX having a 12.99% annualized return and SDLAX not far ahead at 13.45%.
SPIIX
- 1D
- -0.40%
- 1M
- -7.73%
- YTD
- -7.22%
- 6M
- -5.00%
- 1Y
- 13.56%
- 3Y*
- 16.34%
- 5Y*
- 10.62%
- 10Y*
- 12.99%
SDLAX
- 1D
- -0.11%
- 1M
- -8.77%
- YTD
- -8.11%
- 6M
- -5.33%
- 1Y
- 14.01%
- 3Y*
- 16.40%
- 5Y*
- 11.40%
- 10Y*
- 13.45%
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SPIIX vs. SDLAX - Expense Ratio Comparison
SPIIX has a 0.65% expense ratio, which is lower than SDLAX's 0.67% expense ratio.
Return for Risk
SPIIX vs. SDLAX — Risk / Return Rank
SPIIX
SDLAX
SPIIX vs. SDLAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI S&P 500 Index Fund Class I (SPIIX) 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.
| SPIIX | SDLAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 0.79 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.23 | 1.20 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.98 | 0.99 | 0.00 |
Martin ratioReturn relative to average drawdown | 4.73 | 4.64 | +0.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPIIX | SDLAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 0.79 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.44 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.60 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.63 | -0.10 |
Correlation
The correlation between SPIIX and SDLAX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SPIIX vs. SDLAX - Dividend Comparison
SPIIX's dividend yield for the trailing twelve months is around 9.08%, less than SDLAX's 15.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPIIX SEI S&P 500 Index Fund Class I | 9.08% | 8.42% | 12.20% | 4.10% | 10.27% | 7.03% | 5.78% | 4.04% | 3.90% | 2.08% | 4.34% | 1.53% |
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund | 15.02% | 13.81% | 32.97% | 12.32% | 14.88% | 17.50% | 12.09% | 12.85% | 1.86% | 3.79% | 1.60% | 6.89% |
Drawdowns
SPIIX vs. SDLAX - Drawdown Comparison
The maximum SPIIX drawdown since its inception was -55.78%, which is greater than SDLAX's maximum drawdown of -35.25%. Use the drawdown chart below to compare losses from any high point for SPIIX and SDLAX.
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Drawdown Indicators
| SPIIX | SDLAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.78% | -35.25% | -20.53% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | -12.43% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -25.70% | -35.25% | +9.55% |
Max Drawdown (10Y)Largest decline over 10 years | -33.85% | -35.25% | +1.40% |
Current DrawdownCurrent decline from peak | -9.02% | -16.32% | +7.30% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -5.75% | -1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 2.65% | -0.13% |
Volatility
SPIIX vs. SDLAX - Volatility Comparison
The current volatility for SEI S&P 500 Index Fund Class I (SPIIX) is 4.24%, while SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) has a volatility of 4.95%. This indicates that SPIIX 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.
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Volatility by Period
| SPIIX | SDLAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 4.95% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 9.09% | 9.47% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.13% | 18.75% | -0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.41% | 25.99% | -7.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 22.66% | -3.82% |