SRAAX vs. RRPAX
Compare and contrast key facts about SEI Institutional Managed Trust Real Return Fund (SRAAX) and SEI Institutional Investments Trust Real Return Fund (RRPAX).
SRAAX is managed by SEI. It was launched on Jul 1, 2009. RRPAX is managed by SEI. It was launched on Dec 13, 2006.
Performance
SRAAX vs. RRPAX - Performance Comparison
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SRAAX vs. RRPAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SRAAX SEI Institutional Managed Trust Real Return Fund | 0.72% | 6.05% | 4.05% | 4.07% | -4.43% | 6.98% | 5.08% | 4.59% | -0.03% | 0.42% |
RRPAX SEI Institutional Investments Trust Real Return Fund | 0.86% | 6.53% | 4.54% | 3.49% | -4.06% | 5.41% | 5.64% | 5.01% | 0.31% | 0.73% |
Returns By Period
In the year-to-date period, SRAAX achieves a 0.72% return, which is significantly lower than RRPAX's 0.86% return. Both investments have delivered pretty close results over the past 10 years, with SRAAX having a 2.77% annualized return and RRPAX not far ahead at 2.90%.
SRAAX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.72%
- 6M
- 0.78%
- 1Y
- 3.35%
- 3Y*
- 4.20%
- 5Y*
- 3.18%
- 10Y*
- 2.77%
RRPAX
- 1D
- 0.00%
- 1M
- -0.11%
- YTD
- 0.86%
- 6M
- 0.95%
- 1Y
- 3.81%
- 3Y*
- 4.34%
- 5Y*
- 3.04%
- 10Y*
- 2.90%
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SRAAX vs. RRPAX - Expense Ratio Comparison
SRAAX has a 0.45% expense ratio, which is higher than RRPAX's 0.02% expense ratio.
Return for Risk
SRAAX vs. RRPAX — Risk / Return Rank
SRAAX
RRPAX
SRAAX vs. RRPAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Real Return Fund (SRAAX) and SEI Institutional Investments Trust Real Return Fund (RRPAX). 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.
| SRAAX | RRPAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 1.67 | -0.18 |
Sortino ratioReturn per unit of downside risk | 2.20 | 2.50 | -0.30 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.69 | 2.99 | -0.30 |
Martin ratioReturn relative to average drawdown | 8.72 | 10.50 | -1.78 |
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
| SRAAX | RRPAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.67 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | 0.95 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 1.08 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.50 | +0.46 |
Correlation
The correlation between SRAAX and RRPAX is 0.88, 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
SRAAX vs. RRPAX - Dividend Comparison
SRAAX's dividend yield for the trailing twelve months is around 4.22%, less than RRPAX's 4.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SRAAX SEI Institutional Managed Trust Real Return Fund | 4.22% | 4.25% | 3.35% | 2.58% | 7.65% | 6.49% | 0.56% | 1.75% | 2.63% | 1.12% | 0.00% |
RRPAX SEI Institutional Investments Trust Real Return Fund | 4.60% | 4.64% | 3.57% | 2.43% | 7.18% | 5.33% | 1.38% | 2.14% | 2.35% | 1.89% | 1.23% |
Drawdowns
SRAAX vs. RRPAX - Drawdown Comparison
The maximum SRAAX drawdown since its inception was -6.72%, smaller than the maximum RRPAX drawdown of -16.15%. Use the drawdown chart below to compare losses from any high point for SRAAX and RRPAX.
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Drawdown Indicators
| SRAAX | RRPAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.72% | -16.15% | +9.43% |
Max Drawdown (1Y)Largest decline over 1 year | -1.32% | -1.35% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -6.72% | -6.48% | -0.24% |
Max Drawdown (10Y)Largest decline over 10 years | -6.72% | -6.48% | -0.24% |
Current DrawdownCurrent decline from peak | -0.41% | -0.43% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -1.63% | -2.97% | +1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.38% | +0.03% |
Volatility
SRAAX vs. RRPAX - Volatility Comparison
SEI Institutional Managed Trust Real Return Fund (SRAAX) and SEI Institutional Investments Trust Real Return Fund (RRPAX) have volatilities of 0.67% and 0.70%, 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.
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Volatility by Period
| SRAAX | RRPAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.67% | 0.70% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.18% | 1.20% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.27% | 2.30% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.31% | 3.23% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.75% | 2.69% | +0.06% |