See what your fund actually adds
SEI Tax Exempt Trust Short Duration Municipal Fund Class Y SHYMX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | SHYMX | Replication |
|---|---|---|
| Annualized growth | 1.9% | 2.7% |
| Annualized volatility | 1.4% | 1.3% |
| Sharpe ratio | 1.37 | 2.13 |
| Maximum drawdown | 2.9% | 2.7% |
| Replication fit (R²) | 0.82 · Tracking error 0.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model SHYMX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 67.7% |
| MUB | FI · Municipal | 23.2% |
| VGSH | FI · Short Gov | 9.1% |