TRLVX vs. DSFIX

Last updated Jun 26, 2026

TRLVX (SEI Institutional Managed Trust Core Fixed Income Fund) and DSFIX (DFA Social Fixed Income Portfolio) are both Intermediate Core Bond funds. Over the past 5 years, TRLVX returned -0.50%/yr vs 0.47%/yr for DSFIX. Their correlation of 0.92 suggests significant overlap in exposure. TRLVX charges 0.66%/yr vs 0.21%/yr for DSFIX.

Performance

TRLVX vs. DSFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Managed Trust Core Fixed Income Fund (TRLVX) and DFA Social Fixed Income Portfolio (DSFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRLVX achieves a 0.48% return, which is significantly lower than DSFIX's 1.20% return.

TRLVX

• 1D: 0.52%
• 1M: 0.85%
• YTD: 0.48%
• 6M: 0.60%
• 1Y: 4.13%
• 3Y*: 3.84%
• 5Y*: -0.50%
• 10Y*: 1.55%

DSFIX

• 1D: 0.54%
• 1M: 0.95%
• YTD: 1.20%
• 6M: 1.09%
• 1Y: 4.52%
• 3Y*: 4.67%
• 5Y*: 0.47%
• 10Y*: —

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

TRLVX vs. DSFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRLVX SEI Institutional Managed Trust Core Fixed Income Fund	0.48%	7.06%	0.83%	5.92%	-15.66%	-1.63%	9.04%	9.25%	-0.47%	4.15%
DSFIX DFA Social Fixed Income Portfolio	1.20%	6.80%	1.81%	7.18%	-13.07%	-2.19%	9.26%	9.83%	-0.32%	3.24%

Correlation

The correlation between TRLVX and DSFIX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.92

The correlation between TRLVX and DSFIX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

TRLVX vs. DSFIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRLVX

TRLVX Risk / Return Rank: 18
TRLVX Sharpe Ratio Rank: 19
TRLVX Sortino Ratio Rank: 20
TRLVX Omega Ratio Rank: 17
TRLVX Calmar Ratio Rank: 18
TRLVX Martin Ratio Rank: 16

DSFIX

DSFIX Risk / Return Rank: 26
DSFIX Sharpe Ratio Rank: 26
DSFIX Sortino Ratio Rank: 27
DSFIX Omega Ratio Rank: 24
DSFIX Calmar Ratio Rank: 31
DSFIX Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRLVX vs. DSFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust Core Fixed Income Fund (TRLVX) and DFA Social Fixed Income Portfolio (DSFIX). 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.

	TRLVX	DSFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.19	-0.17
Sortino ratio: Return per unit of downside risk	1.53	1.77	-0.24
Omega ratio: Gain probability vs. loss probability	1.18	1.21	-0.03
Calmar ratio: Return relative to maximum drawdown	1.27	1.75	-0.49
Martin ratio: Return relative to average drawdown	3.53	4.75	-1.23

TRLVX vs. DSFIX - Sharpe Ratio Comparison

The current TRLVX Sharpe Ratio is 1.02, which is comparable to the DSFIX Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of TRLVX and DSFIX, 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

TRLVX vs. DSFIX - Drawdown Comparison

The maximum TRLVX drawdown since its inception was -20.98%, which is greater than DSFIX's maximum drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for TRLVX and DSFIX.

Drawdown Indicators

	TRLVX	DSFIX	Difference
Max Drawdown Largest peak-to-trough decline	-20.98%	-18.94%	-2.04%
Max Drawdown (1Y) Largest decline over 1 year	-3.29%	-2.66%	-0.63%
Max Drawdown (3Y) Largest decline over 3 years	-6.90%	-4.70%	-2.20%
Max Drawdown (5Y) Largest decline over 5 years	-20.68%	-18.87%	-1.81%
Max Drawdown (10Y) Largest decline over 10 years	-20.98%	—	—
Current Drawdown Current decline from peak	-4.68%	-0.65%	-4.03%
Average Drawdown Average peak-to-trough decline	-2.49%	-4.64%	+2.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.18%	0.98%	+0.20%

Volatility

TRLVX vs. DSFIX - Volatility Comparison

SEI Institutional Managed Trust Core Fixed Income Fund (TRLVX) and DFA Social Fixed Income Portfolio (DSFIX) have volatilities of 1.26% and 1.20%, 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

	TRLVX	DSFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	1.20%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	3.08%	2.83%	+0.25%
Volatility (1Y) Calculated over the trailing 1-year period	4.10%	3.94%	+0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.39%	5.79%	+0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.25%	4.95%	+0.30%

TRLVX vs. DSFIX - Expense Ratio Comparison

TRLVX has a 0.66% expense ratio, which is higher than DSFIX's 0.21% expense ratio.

Dividends

TRLVX vs. DSFIX - Dividend Comparison

TRLVX's dividend yield for the trailing twelve months is around 3.65%, less than DSFIX's 4.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSFIX DFA Social Fixed Income Portfolio	4.10%	3.61%	3.95%	3.28%	2.54%	2.70%	2.22%	2.58%	2.56%	1.87%	0.00%	0.00%
TRLVX SEI Institutional Managed Trust Core Fixed Income Fund	3.65%	3.52%	4.01%	3.38%	1.80%	1.90%	5.98%	3.73%	2.77%	2.36%	4.46%	3.64%

Frequently Asked Questions

Can I hold both TRLVX and DSFIX in my portfolio?

With a correlation of 0.92, TRLVX and DSFIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TRLVX or DSFIX?

TRLVX has higher volatility (1.26%) compared to DSFIX (1.20%). In terms of maximum drawdown, TRLVX dropped -20.98% vs DSFIX's -18.94%.

Which has better risk-adjusted returns?

DSFIX currently has the higher Sharpe Ratio (1.19 vs 1.02), 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.