WEUSX vs. SDLAX

Last updated Jun 24, 2026

WEUSX (SEI Institutional Investments Trust World Equity Ex-US Fund) and SDLAX (SEI Institutional Investments Trust Dynamic Asset Allocation Fund) are both mutual funds - WEUSX is a Foreign Large Cap Equities fund managed by SEI, while SDLAX is a Large Cap Blend Equities fund managed by SEI. Over the past 10 years, WEUSX returned 10.68%/yr vs 15.45%/yr for SDLAX. A 0.71 correlation means they provide meaningful diversification when combined. WEUSX charges 0.63%/yr vs 0.67%/yr for SDLAX.

Performance

WEUSX vs. SDLAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Institutional Investments Trust World Equity Ex-US Fund (WEUSX) and SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEUSX achieves a 13.05% return, which is significantly higher than SDLAX's 8.32% return. Over the past 10 years, WEUSX has underperformed SDLAX with an annualized return of 10.68%, while SDLAX has yielded a comparatively higher 15.45% annualized return.

WEUSX

• 1D: 0.13%
• 1M: 2.42%
• YTD: 13.05%
• 6M: 13.01%
• 1Y: 28.43%
• 3Y*: 19.18%
• 5Y*: 8.63%
• 10Y*: 10.68%

SDLAX

• 1D: -0.43%
• 1M: -0.19%
• YTD: 8.32%
• 6M: 7.41%
• 1Y: 24.60%
• 3Y*: 21.00%
• 5Y*: 13.52%
• 10Y*: 15.45%

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

WEUSX vs. SDLAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WEUSX SEI Institutional Investments Trust World Equity Ex-US Fund	13.05%	29.41%	7.19%	16.95%	-16.61%	7.36%	14.61%	23.74%	-16.01%	29.52%
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund	8.32%	20.37%	24.23%	22.00%	-16.10%	31.43%	20.70%	27.68%	-7.77%	19.77%

Correlation

The correlation between WEUSX and SDLAX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.71

The correlation between WEUSX and SDLAX shifts across timeframes, from 0.66 (3 years) to 0.80 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

WEUSX vs. SDLAX — Risk / Return Rank

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

WEUSX

WEUSX Risk / Return Rank: 56
WEUSX Sharpe Ratio Rank: 60
WEUSX Sortino Ratio Rank: 57
WEUSX Omega Ratio Rank: 57
WEUSX Calmar Ratio Rank: 52
WEUSX Martin Ratio Rank: 51

SDLAX

SDLAX Risk / Return Rank: 53
SDLAX Sharpe Ratio Rank: 51
SDLAX Sortino Ratio Rank: 46
SDLAX Omega Ratio Rank: 49
SDLAX Calmar Ratio Rank: 53
SDLAX Martin Ratio Rank: 64

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.

WEUSX vs. SDLAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Investments Trust World Equity Ex-US Fund (WEUSX) and SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX). 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.

	WEUSX	SDLAX	Difference
Sharpe ratio: Return per unit of total volatility	2.11	1.94	+0.17
Sortino ratio: Return per unit of downside risk	2.90	2.63	+0.27
Omega ratio: Gain probability vs. loss probability	1.38	1.35	+0.03
Calmar ratio: Return relative to maximum drawdown	2.64	2.67	-0.03
Martin ratio: Return relative to average drawdown	9.91	11.90	-1.99

WEUSX vs. SDLAX - Sharpe Ratio Comparison

The current WEUSX Sharpe Ratio is 2.11, which is comparable to the SDLAX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of WEUSX and SDLAX, 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

WEUSX vs. SDLAX - Drawdown Comparison

The maximum WEUSX drawdown since its inception was -67.47%, which is greater than SDLAX's maximum drawdown of -35.25%. Use the drawdown chart below to compare losses from any high point for WEUSX and SDLAX.

Drawdown Indicators

	WEUSX	SDLAX	Difference
Max Drawdown Largest peak-to-trough decline	-67.47%	-35.25%	-32.22%
Max Drawdown (1Y) Largest decline over 1 year	-11.11%	-9.76%	-1.35%
Max Drawdown (3Y) Largest decline over 3 years	-14.22%	-35.25%	+21.03%
Max Drawdown (5Y) Largest decline over 5 years	-39.17%	-35.25%	-3.92%
Max Drawdown (10Y) Largest decline over 10 years	-39.17%	-35.25%	-3.92%
Current Drawdown Current decline from peak	-0.38%	-2.22%	+1.84%
Average Drawdown Average peak-to-trough decline	-22.99%	-5.72%	-17.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.18%	+0.77%

Volatility

WEUSX vs. SDLAX - Volatility Comparison

The current volatility for SEI Institutional Investments Trust World Equity Ex-US Fund (WEUSX) is 4.61%, while SEI Institutional Investments Trust Dynamic Asset Allocation Fund (SDLAX) has a volatility of 5.37%. This indicates that WEUSX experiences smaller price fluctuations and is considered to be less risky than SDLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEUSX	SDLAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	5.37%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	11.58%	10.94%	+0.64%
Volatility (1Y) Calculated over the trailing 1-year period	13.95%	13.47%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.36%	26.13%	-6.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.95%	22.76%	-4.81%

WEUSX vs. SDLAX - Expense Ratio Comparison

WEUSX has a 0.63% expense ratio, which is lower than SDLAX's 0.67% expense ratio.

Dividends

WEUSX vs. SDLAX - Dividend Comparison

WEUSX's dividend yield for the trailing twelve months is around 11.08%, less than SDLAX's 12.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SDLAX SEI Institutional Investments Trust Dynamic Asset Allocation Fund	12.75%	13.81%	32.97%	12.32%	14.88%	17.50%	12.09%	12.85%	1.86%	3.79%	1.60%	6.89%
WEUSX SEI Institutional Investments Trust World Equity Ex-US Fund	11.08%	12.53%	4.12%	2.99%	5.00%	23.87%	1.68%	2.48%	5.75%	2.27%	2.00%	2.62%

Frequently Asked Questions

Can I hold both WEUSX and SDLAX in my portfolio?

WEUSX and SDLAX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEUSX or SDLAX?

SDLAX has higher volatility (5.37%) compared to WEUSX (4.61%). In terms of maximum drawdown, WEUSX dropped -67.47% vs SDLAX's -35.25%.

Which has better risk-adjusted returns?

WEUSX currently has the higher Sharpe Ratio (2.11 vs 1.94), 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.