SWJRX vs. SIFAX

Last updated Aug 1, 2026

SWJRX (Schwab Monthly Income Fund - Moderate Payout) and SIFAX (SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund) are both Diversified Portfolio funds. Over the past 10 years, SWJRX returned 5.26%/yr vs 3.71%/yr for SIFAX. Their 0.38 correlation means their historical movements had little consistent relationship. SWJRX charges 0.00%/yr vs 0.90%/yr for SIFAX.

Performance

SWJRX vs. SIFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Monthly Income Fund - Moderate Payout (SWJRX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWJRX achieves a 8.59% return, which is significantly lower than SIFAX's 9.09% return. Over the past 10 years, SWJRX has outperformed SIFAX with an annualized return of 5.26%, while SIFAX has yielded a comparatively lower 3.71% annualized return.

SWJRX

• 1D: 0.00%
• 1M: 1.27%
• 6M: 5.15%
• YTD: 8.59%
• 1Y: 14.72%
• 3Y*: 9.41%
• 5Y*: 4.06%
• 10Y*: 5.26%
• ALL TIME*: 5.04%

SIFAX

• 1D: -0.35%
• 1M: 3.10%
• 6M: 5.37%
• YTD: 9.09%
• 1Y: 12.49%
• 3Y*: 7.16%
• 5Y*: 5.81%
• 10Y*: 3.71%
• ALL TIME*: 1.72%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	$0.00	$0.00	$0.00
SWJRX Schwab Monthly Income Fund - Moderate Payout	$0.00	$0.00	$0.00

SWJRX vs. SIFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWJRX Schwab Monthly Income Fund - Moderate Payout	8.59%	12.17%	3.83%	8.79%	-12.81%	9.23%	5.32%	16.40%	-6.31%	10.80%
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	9.09%	7.82%	4.08%	-1.74%	8.48%	10.83%	-1.59%	5.68%	-3.64%	-1.96%

Correlation

The correlation between SWJRX and SIFAX is 0.15, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.15
Correlation (3Y) Balances recent behavior with more history.	0.23
Correlation (5Y) Shows whether the relationship held over a longer period.	0.28
Correlation (10Y) Provides a long-term view across more market conditions.	0.35
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.38

Over the past year, the correlation between SWJRX and SIFAX has dropped to 0.15 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Return for Risk

SWJRX vs. SIFAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SWJRX

SWJRX Risk / Return Rank: 91
SWJRX Sharpe Ratio Rank: 95
SWJRX Sortino Ratio Rank: 94
SWJRX Omega Ratio Rank: 89
SWJRX Calmar Ratio Rank: 89
SWJRX Martin Ratio Rank: 88

SIFAX

SIFAX Risk / Return Rank: 83
SIFAX Sharpe Ratio Rank: 87
SIFAX Sortino Ratio Rank: 86
SIFAX Omega Ratio Rank: 83
SIFAX Calmar Ratio Rank: 82
SIFAX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SWJRX vs. SIFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Moderate Payout (SWJRX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SWJRX	SIFAX	Difference
Sharpe ratio: Return per unit of total volatility	2.52	2.14	+0.39
Sortino ratio: Return per unit of downside risk	3.78	3.11	+0.67
Omega ratio: Gain probability vs. loss probability	1.48	1.39	+0.09
Calmar ratio: Return relative to maximum drawdown	3.18	2.75	+0.43
Martin ratio: Return relative to average drawdown	11.43	9.39	+2.04

SWJRX vs. SIFAX - Sharpe Ratio Comparison

The current SWJRX Sharpe Ratio is 2.52, which is comparable to the SIFAX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of SWJRX and SIFAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SWJRX vs. SIFAX - Drawdown Comparison

The maximum SWJRX drawdown since its inception was -25.61%, which is greater than SIFAX's maximum drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for SWJRX and SIFAX.

Drawdown Indicators

	SWJRX	SIFAX	Difference
Max Drawdown Largest peak-to-trough decline	-25.61%	-23.62%	-1.99%
Max Drawdown (1Y) Largest decline over 1 year	-4.55%	-4.47%	-0.08%
Max Drawdown (3Y) Largest decline over 3 years	-7.15%	-4.47%	-2.68%
Max Drawdown (5Y) Largest decline over 5 years	-20.87%	-8.32%	-12.55%
Max Drawdown (10Y) Largest decline over 10 years	-20.87%	-13.64%	-7.23%
Current Drawdown Current decline from peak	-0.27%	-0.92%	+0.65%
Average Drawdown Average peak-to-trough decline	-3.86%	-8.48%	+4.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.26%	1.32%	-0.06%

Volatility

SWJRX vs. SIFAX - Volatility Comparison

Schwab Monthly Income Fund - Moderate Payout (SWJRX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) have volatilities of 1.67% and 1.65%, 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

	SWJRX	SIFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.67%	1.65%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	4.54%	4.93%	-0.39%
Volatility (1Y) Calculated over the trailing 1-year period	5.77%	5.77%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.73%	5.65%	+3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.55%	5.24%	+3.31%

SWJRX vs. SIFAX - Expense Ratio Comparison

SWJRX has a 0.00% expense ratio, which is lower than SIFAX's 0.90% expense ratio.

Dividends

SWJRX vs. SIFAX - Dividend Comparison

SWJRX's dividend yield for the trailing twelve months is around 4.27%, more than SIFAX's 4.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	4.17%	4.55%	3.25%	3.82%	11.90%	7.89%	1.45%	1.49%	1.90%	1.39%	1.15%	0.48%
SWJRX Schwab Monthly Income Fund - Moderate Payout	4.27%	4.78%	4.94%	4.80%	8.67%	3.62%	2.49%	5.36%	3.47%	2.93%	6.05%	6.80%

Frequently Asked Questions

Can I hold both SWJRX and SIFAX in my portfolio?

SWJRX and SIFAX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWJRX or SIFAX?

SWJRX has higher volatility (1.67%) compared to SIFAX (1.65%). In terms of maximum drawdown, SWJRX dropped -25.61% vs SIFAX's -23.62%.

Which has better risk-adjusted returns?

SWJRX currently has the higher Sharpe Ratio (2.52 vs 2.14), 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.