UEIIX vs. SCLAX

Last updated Jun 23, 2026

UEIIX (Invesco V.I. Equity and Income Fund) and SCLAX (SEI Institutional Managed Trust Multi-Asset Capital Stability Fund) are both Diversified Portfolio funds. Over the past 10 years, UEIIX returned 9.15%/yr vs 3.26%/yr for SCLAX. A 0.62 correlation means they provide meaningful diversification when combined. UEIIX charges 0.81%/yr vs 0.62%/yr for SCLAX.

Performance

UEIIX vs. SCLAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco V.I. Equity and Income Fund (UEIIX) and SEI Institutional Managed Trust Multi-Asset Capital Stability Fund (SCLAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UEIIX achieves a 6.46% return, which is significantly higher than SCLAX's 2.66% return. Over the past 10 years, UEIIX has outperformed SCLAX with an annualized return of 9.15%, while SCLAX has yielded a comparatively lower 3.26% annualized return.

UEIIX

• 1D: 0.42%
• 1M: 0.36%
• YTD: 6.46%
• 6M: 6.05%
• 1Y: 16.58%
• 3Y*: 12.84%
• 5Y*: 7.84%
• 10Y*: 9.15%

SCLAX

• 1D: 0.29%
• 1M: 0.68%
• YTD: 2.66%
• 6M: 2.78%
• 1Y: 7.01%
• 3Y*: 5.94%
• 5Y*: 3.54%
• 10Y*: 3.26%

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

UEIIX vs. SCLAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UEIIX Invesco V.I. Equity and Income Fund	6.46%	12.55%	11.92%	10.23%	-7.72%	18.37%	9.74%	19.96%	-9.69%	10.78%
SCLAX SEI Institutional Managed Trust Multi-Asset Capital Stability Fund	2.66%	6.49%	4.92%	6.96%	-3.74%	1.72%	3.30%	7.91%	-0.67%	3.88%

Correlation

The correlation between UEIIX and SCLAX is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.62

The correlation between UEIIX and SCLAX has been stable across timeframes, ranging from 0.62 to 0.72 - a consistent structural relationship.

Return for Risk

UEIIX vs. SCLAX — Risk / Return Rank

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

UEIIX

UEIIX Risk / Return Rank: 61
UEIIX Sharpe Ratio Rank: 57
UEIIX Sortino Ratio Rank: 58
UEIIX Omega Ratio Rank: 55
UEIIX Calmar Ratio Rank: 67
UEIIX Martin Ratio Rank: 69

SCLAX

SCLAX Risk / Return Rank: 77
SCLAX Sharpe Ratio Rank: 83
SCLAX Sortino Ratio Rank: 83
SCLAX Omega Ratio Rank: 84
SCLAX Calmar Ratio Rank: 68
SCLAX Martin Ratio Rank: 66

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.

UEIIX vs. SCLAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco V.I. Equity and Income Fund (UEIIX) and SEI Institutional Managed Trust Multi-Asset Capital Stability Fund (SCLAX). 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.

	UEIIX	SCLAX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.51	-0.46
Sortino ratio: Return per unit of downside risk	2.92	3.64	-0.71
Omega ratio: Gain probability vs. loss probability	1.37	1.52	-0.15
Calmar ratio: Return relative to maximum drawdown	2.99	3.04	-0.05
Martin ratio: Return relative to average drawdown	12.42	12.01	+0.41

UEIIX vs. SCLAX - Sharpe Ratio Comparison

The current UEIIX Sharpe Ratio is 2.05, which is comparable to the SCLAX Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of UEIIX and SCLAX, 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

UEIIX vs. SCLAX - Drawdown Comparison

The maximum UEIIX drawdown since its inception was -38.95%, which is greater than SCLAX's maximum drawdown of -5.59%. Use the drawdown chart below to compare losses from any high point for UEIIX and SCLAX.

Drawdown Indicators

	UEIIX	SCLAX	Difference
Max Drawdown Largest peak-to-trough decline	-38.95%	-5.59%	-33.36%
Max Drawdown (1Y) Largest decline over 1 year	-5.60%	-2.32%	-3.28%
Max Drawdown (3Y) Largest decline over 3 years	-12.29%	-3.41%	-8.88%
Max Drawdown (5Y) Largest decline over 5 years	-16.90%	-5.59%	-11.31%
Max Drawdown (10Y) Largest decline over 10 years	-29.61%	-5.59%	-24.02%
Current Drawdown Current decline from peak	-0.92%	-0.10%	-0.82%
Average Drawdown Average peak-to-trough decline	-4.54%	-1.14%	-3.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.34%	0.59%	+0.75%

Volatility

UEIIX vs. SCLAX - Volatility Comparison

Invesco V.I. Equity and Income Fund (UEIIX) has a higher volatility of 2.78% compared to SEI Institutional Managed Trust Multi-Asset Capital Stability Fund (SCLAX) at 1.24%. This indicates that UEIIX's price experiences larger fluctuations and is considered to be riskier than SCLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UEIIX	SCLAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.78%	1.24%	+1.54%
Volatility (6M) Calculated over the trailing 6-month period	6.40%	2.29%	+4.11%
Volatility (1Y) Calculated over the trailing 1-year period	8.17%	2.82%	+5.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.11%	3.11%	+8.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.71%	2.78%	+9.93%

UEIIX vs. SCLAX - Expense Ratio Comparison

UEIIX has a 0.81% expense ratio, which is higher than SCLAX's 0.62% expense ratio.

Dividends

UEIIX vs. SCLAX - Dividend Comparison

UEIIX's dividend yield for the trailing twelve months is around 6.97%, more than SCLAX's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCLAX SEI Institutional Managed Trust Multi-Asset Capital Stability Fund	1.83%	1.88%	7.87%	4.06%	1.90%	2.79%	1.01%	4.67%	0.54%	3.77%	0.69%	1.18%
UEIIX Invesco V.I. Equity and Income Fund	6.97%	7.42%	5.66%	7.20%	18.01%	2.61%	6.42%	9.95%	7.58%	3.22%	4.64%	13.33%

Frequently Asked Questions

Can I hold both UEIIX and SCLAX in my portfolio?

UEIIX and SCLAX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UEIIX or SCLAX?

UEIIX has higher volatility (2.78%) compared to SCLAX (1.24%). In terms of maximum drawdown, UEIIX dropped -38.95% vs SCLAX's -5.59%.

Which has better risk-adjusted returns?

SCLAX currently has the higher Sharpe Ratio (2.51 vs 2.05), 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.