SSMAX vs. SEITX
SSMAX (SEI Institutional Investments Trust Small/Mid Cap Equity Fund) and SEITX (SEI Institutional International Trust International Equity Fund) are both mutual funds - SSMAX is a Small Cap Blend Equities fund managed by SEI, while SEITX is a Foreign Large Cap Equities fund managed by SEI. Over the past 10 years, SSMAX returned 9.15%/yr vs 9.76%/yr for SEITX. A 0.68 correlation means they provide meaningful diversification when combined. SSMAX charges 0.72%/yr vs 1.08%/yr for SEITX.
Performance
SSMAX vs. SEITX - Performance Comparison
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Returns By Period
In the year-to-date period, SSMAX achieves a 12.03% return, which is significantly higher than SEITX's 10.73% return. Over the past 10 years, SSMAX has underperformed SEITX with an annualized return of 9.15%, while SEITX has yielded a comparatively higher 9.76% annualized return.
SSMAX
- 1D
- 1.02%
- 1M
- 2.46%
- YTD
- 12.03%
- 6M
- 11.32%
- 1Y
- 19.84%
- 3Y*
- 12.42%
- 5Y*
- 4.83%
- 10Y*
- 9.15%
SEITX
- 1D
- 0.42%
- 1M
- 3.84%
- YTD
- 10.73%
- 6M
- 13.37%
- 1Y
- 26.36%
- 3Y*
- 20.19%
- 5Y*
- 9.73%
- 10Y*
- 9.76%
SSMAX vs. SEITX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSMAX SEI Institutional Investments Trust Small/Mid Cap Equity Fund | 12.03% | 3.70% | 11.72% | 12.41% | -17.84% | 25.88% | 12.25% | 25.52% | -11.36% | 13.53% |
SEITX SEI Institutional International Trust International Equity Fund | 10.73% | 36.91% | 6.71% | 18.14% | -15.97% | 10.09% | 11.37% | 22.42% | -16.71% | 26.66% |
Correlation
The correlation between SSMAX and SEITX is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007 | 0.68 |
The correlation between SSMAX and SEITX shifts across timeframes, from 0.56 (3 years) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SSMAX vs. SEITX — Risk / Return Rank
SSMAX
SEITX
SSMAX vs. SEITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust Small/Mid Cap Equity Fund (SSMAX) and SEI Institutional International Trust International Equity Fund (SEITX). 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.
| SSMAX | SEITX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.35 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 2.37 | +0.06 |
| Martin ratioReturn relative to average drawdown | 8.11 | 8.82 | -0.71 |
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
| SSMAX | SEITX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 1.91 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.62 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.60 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.28 | +0.07 |
Drawdowns
SSMAX vs. SEITX - Drawdown Comparison
The maximum SSMAX drawdown since its inception was -58.31%, smaller than the maximum SEITX drawdown of -66.98%. Use the drawdown chart below to compare losses from any high point for SSMAX and SEITX.
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Drawdown Indicators
| SSMAX | SEITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.31% | -66.98% | +8.67% |
Max Drawdown (1Y)Largest decline over 1 year | -8.78% | -11.23% | +2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -24.61% | -14.42% | -10.19% |
Max Drawdown (5Y)Largest decline over 5 years | -26.45% | -30.60% | +4.15% |
Max Drawdown (10Y)Largest decline over 10 years | -41.23% | -38.19% | -3.04% |
Current DrawdownCurrent decline from peak | -0.28% | -0.55% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -9.77% | -17.83% | +8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 2.97% | -0.35% |
Volatility
SSMAX vs. SEITX - Volatility Comparison
SEI Institutional Investments Trust Small/Mid Cap Equity Fund (SSMAX) has a higher volatility of 4.23% compared to SEI Institutional International Trust International Equity Fund (SEITX) at 3.94%. This indicates that SSMAX's price experiences larger fluctuations and is considered to be riskier than SEITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSMAX | SEITX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | 3.94% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 10.93% | 11.24% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.24% | 14.05% | +1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.21% | 15.96% | +3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.76% | 16.50% | +4.26% |
SSMAX vs. SEITX - Expense Ratio Comparison
SSMAX has a 0.72% expense ratio, which is lower than SEITX's 1.08% expense ratio.
Dividends
SSMAX vs. SEITX - Dividend Comparison
SSMAX's dividend yield for the trailing twelve months is around 6.89%, less than SEITX's 15.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SEITX SEI Institutional International Trust International Equity Fund | 15.17% | 16.80% | 12.15% | 2.04% | 1.82% | 14.32% | 0.98% | 1.73% | 1.60% | 1.30% | 1.17% | 1.01% |
SSMAX SEI Institutional Investments Trust Small/Mid Cap Equity Fund | 6.89% | 7.73% | 7.95% | 1.02% | 7.76% | 29.28% | 3.90% | 6.69% | 25.14% | 12.23% | 4.94% | 17.42% |
Frequently Asked Questions
SSMAX and SEITX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SSMAX has higher volatility (4.23%) compared to SEITX (3.94%). In terms of maximum drawdown, SSMAX dropped -58.31% vs SEITX's -66.98%.
SEITX currently has the higher Sharpe Ratio (1.91 vs 1.40), 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.
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