SQIFX vs. SNGVX
Compare and contrast key facts about Sit Quality Income Fund (SQIFX) and SIT U.S. Government Securities Fund (SNGVX).
SQIFX is managed by Sit. It was launched on Dec 31, 2012. SNGVX is managed by Sit. It was launched on Jun 1, 1987.
Performance
SQIFX vs. SNGVX - Performance Comparison
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SQIFX vs. SNGVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SQIFX Sit Quality Income Fund | 0.05% | 6.32% | 3.93% | 3.39% | -2.68% | 1.24% | 2.89% | 3.13% | 0.90% | 1.16% |
SNGVX SIT U.S. Government Securities Fund | -0.04% | 6.93% | 2.41% | 3.22% | -4.80% | -1.15% | 3.53% | 3.34% | 1.80% | 1.34% |
Returns By Period
In the year-to-date period, SQIFX achieves a 0.05% return, which is significantly higher than SNGVX's -0.04% return. Over the past 10 years, SQIFX has outperformed SNGVX with an annualized return of 2.07%, while SNGVX has yielded a comparatively lower 1.57% annualized return.
SQIFX
- 1D
- 0.31%
- 1M
- -1.13%
- YTD
- 0.05%
- 6M
- 1.21%
- 1Y
- 4.04%
- 3Y*
- 4.14%
- 5Y*
- 2.33%
- 10Y*
- 2.07%
SNGVX
- 1D
- 0.48%
- 1M
- -1.80%
- YTD
- -0.04%
- 6M
- 1.20%
- 1Y
- 4.01%
- 3Y*
- 3.67%
- 5Y*
- 1.27%
- 10Y*
- 1.57%
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SQIFX vs. SNGVX - Expense Ratio Comparison
SQIFX has a 0.90% expense ratio, which is higher than SNGVX's 0.80% expense ratio.
Return for Risk
SQIFX vs. SNGVX — Risk / Return Rank
SQIFX
SNGVX
SQIFX vs. SNGVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sit Quality Income Fund (SQIFX) and SIT U.S. Government Securities Fund (SNGVX). 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.
| SQIFX | SNGVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.80 | 1.19 | +0.61 |
Sortino ratioReturn per unit of downside risk | 2.90 | 1.73 | +1.17 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.22 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 3.07 | 2.05 | +1.02 |
Martin ratioReturn relative to average drawdown | 11.11 | 6.31 | +4.80 |
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
| SQIFX | SNGVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 1.19 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 0.35 | +0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.18 | 0.53 | +0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 1.47 | -0.42 |
Correlation
The correlation between SQIFX and SNGVX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SQIFX vs. SNGVX - Dividend Comparison
SQIFX's dividend yield for the trailing twelve months is around 3.87%, more than SNGVX's 3.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SQIFX Sit Quality Income Fund | 3.87% | 4.21% | 3.96% | 2.78% | 3.42% | 1.23% | 1.13% | 1.95% | 1.82% | 1.16% | 0.89% | 0.95% |
SNGVX SIT U.S. Government Securities Fund | 3.47% | 3.76% | 3.78% | 3.23% | 1.70% | 0.75% | 1.40% | 2.18% | 2.05% | 1.60% | 1.63% | 1.87% |
Drawdowns
SQIFX vs. SNGVX - Drawdown Comparison
The maximum SQIFX drawdown since its inception was -4.22%, smaller than the maximum SNGVX drawdown of -9.17%. Use the drawdown chart below to compare losses from any high point for SQIFX and SNGVX.
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Drawdown Indicators
| SQIFX | SNGVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.22% | -9.17% | +4.95% |
Max Drawdown (1Y)Largest decline over 1 year | -1.55% | -2.27% | +0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -4.22% | -9.17% | +4.95% |
Max Drawdown (10Y)Largest decline over 10 years | -4.22% | -9.17% | +4.95% |
Current DrawdownCurrent decline from peak | -1.13% | -1.80% | +0.67% |
Average DrawdownAverage peak-to-trough decline | -0.45% | -0.83% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.43% | 0.74% | -0.31% |
Volatility
SQIFX vs. SNGVX - Volatility Comparison
The current volatility for Sit Quality Income Fund (SQIFX) is 0.81%, while SIT U.S. Government Securities Fund (SNGVX) has a volatility of 1.32%. This indicates that SQIFX experiences smaller price fluctuations and is considered to be less risky than SNGVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SQIFX | SNGVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | 1.32% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 1.53% | 2.04% | -0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.47% | 3.43% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.29% | 3.69% | -1.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.77% | 2.95% | -1.18% |