STRATEGIC ASSET Competition

SCIPX Fund

USD 12.46 -0.04 -0.32%

The fund is listed under the Allocation--30% to 50% Equity category and is part of the Principal Funds family. Strategic Asset operates alongside Dodge Cox, FEDERATED MUNICIPAL, AB IMPACT, BAIRD INTERMEDIATE, and AB BOND and other firms in the same space. The peer set adds context for comparison. Peer comparison for STRATEGIC ASSET provides quick context before deeper valuation work.

STRATEGIC ASSET and AB BOND Correlation Summary

Poor diversification

For the present investment horizon, the measured correlation between SCIPX and ABNTX stands at 0.61, or Poor diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving together with STRATEGIC Mutual Fund

1.0	SABPX	Strategic Asset	Pair Corr
1.0	SACAX	Strategic Asset	Pair Corr
1.0	SAGPX	Strategic Asset	Pair Corr
0.81	PFIJX	Strategic Asset	Pair Corr
0.84	PFIEX	International Equity	Pair Corr

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The mean reversion framework for STRATEGIC ASSET is built on the premise that markets are not perfectly efficient and that prices periodically overshoot their intrinsic value in both directions.

Hype

Prediction

Low	Estimated	High
11.66	12.52	13.38

Details

Intrinsic

Valuation

Low	Real	High
11.21	13.55	14.41

Details

Naive

Forecast

Low	Next	High
11.57	12.43	13.29

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
12.52	12.74	12.97

Details

Investors analyzing Strategic Asset should position it within its competitive landscape. Superior peer-relative performance is one of the strongest justifications for a valuation premium.

STRATEGIC ASSET Competition Correlation Matrix

Correlation analysis between Strategic Asset Management and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	DOXIX	FHTFX	ABIMX	BIMSX	ABNTX
DOXIX		0.93	0.94	0.98	0.85	DOXIX
FHTFX	0.93		0.98	0.91	0.9	FHTFX
ABIMX	0.94	0.98		0.93	0.86	ABIMX
BIMSX	0.98	0.91	0.93		0.86	BIMSX
ABNTX	0.85	0.9	0.86	0.86		ABNTX
	DOXIX	FHTFX	ABIMX	BIMSX	ABNTX

Risk-Adjusted Indicators

There is a big difference between STRATEGIC Mutual Fund performing well and STRATEGIC ASSET Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze STRATEGIC ASSET's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DOXIX	0.16	0.00	0.19	-0.01	0.16	-0.22	0.31	-0.31	1.08
FHTFX	0.10	0.01	0.22	0.28	0.00	-0.13	0.13	-0.25	0.74
ABIMX	0.11	0.01	0.17	0.15	0.11	-0.16	0.21	-0.30	1.13
BIMSX	0.10	0.00	0.24	0.41	0.09	-0.13	0.18	-0.18	0.72
ABNTX	0.08	0.00	0.31	-0.16	0.00	-0.12	0.19	-0.19	0.48

STRATEGIC ASSET Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	SCIPX	DOXIX	FHTFX	ABIMX	BIMSX	ABNTX
	0.32 12.46 STRATEGIC	0.16 12.87 Dodge	0.12 8.02 FEDERATED	0.21 9.69 ABIMX	0.36 11.09 BAIRD	0.19 10.33 ABNTX
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Moderate	Mild	Moderate	Contained	Soft	Moderate
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Cautious Hold	Strong Sell	Hold	Hold	Strong Sell
Net Asset	1.89 B	97.12 B	452.36 M	86.89 M	12.79 B	625.25 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	5 M
Price To Book	2.06 X	N/A	N/A	N/A	N/A	N/A
Five Year Return	3.85 %	N/A	1.20 %	1.33 %	1.25 %	2.62 %
One Year Return	10.14 %	6.33 %	3.19 %	4.24 %	5.48 %	4.76 %
Last Dividend Paid	N/A	N/A	0.03	0.02	0.01	0.06
Price To Earning	17.43 X	N/A	N/A	N/A	N/A	N/A
Price To Sales	1.55 X	N/A	N/A	N/A	N/A	N/A
Cash Position Weight	3.63 %	N/A	N/A	1.96 %	1.27 %	42.81 %
Equity Positions Weight	37.05 %	N/A	N/A	N/A	N/A	N/A
Three Year Return	9.60 %	5.55 %	4.85 %	4.68 %	5.31 %	5.16 %
Annual Yield	0.02 %	0.04 %	0.01 %	0.04 %	0.03 %	0.04 %
Year To Date Return	1.12 %	0.23 %	1.05 %	0.87 %	0.54 %	0.77 %
Bond Positions Weight	5.57 %	N/A	6.28 %	98.04 %	10.51 %	53.01 %
Ten Year Return	5.26 %	N/A	4.70 %	N/A	3.56 %	2.91 %
Daily Balance Of Power	0	0	9.2 T	9.2 T	0	0
Day Typical Price	12.46	12.87	8.02	9.69	11.09	10.33
Period Momentum Indicator	-0.04	-0.02	0.01	0.02	-0.04	-0.02
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	12.46	12.87	8.02	9.69	11.09	10.33
Price Action Indicator	-0.02	-0.01	0.005	0.01	-0.02	-0.01
Coefficient Of Variation	932.32	2199.37	697.47	1209.2	2351.43	925.55
Mean Deviation	0.356	0.1617	0.0968	0.111	0.0967	0.0848
Jensen Alpha	0.0976	0.0013	0.0105	0.0056	-0.0049	0.0013
Total Risk Alpha	0.1268	0.0117	0.0166	0.014	0.0029	0.008
Sortino Ratio	0.27	0.1934	0.2172	0.1712	0.2426	0.3127
Downside Variance	0.2128	0.0529	0.0617	0.0823	0.0277	0.0223
Standard Deviation	0.8362	0.2127	0.1332	0.1728	0.1307	0.1096
Kurtosis	43.09	0.338	3.19	3.85	0.9547	-0.17
Potential Upside	0.5102	0.313	0.1261	0.2068	0.1808	0.194
Treynor Ratio	0.1998	-0.01	0.2844	0.1483	0.4112	-0.16
Maximum Drawdown	7.24	1.08	0.7435	1.13	0.7197	0.4834
Variance	0.6992	0.0452	0.0177	0.0298	0.0171	0.012
Market Risk Adjusted Performance	0.2098	0.0012	0.2944	0.1583	0.4212	-0.15
Risk Adjusted Performance	0.0858	0.0088	0.0643	0.0297	-0.02	0.0233
Skewness	5.87	-0.13	-1.54	-0.94	-0.25	-0.18
Semi Deviation	0.2081	0.1565	0.0	0.1101	0.0904	0.0
Information Ratio	0.1489	0.2092	0.4048	0.2843	0.309	0.4259
Value At Risk	-0.63	-0.31	-0.25	-0.30	-0.18	-0.19
Expected Short fall	-0.44	-0.22	-0.13	-0.16	-0.13	-0.12
Downside Deviation	0.4613	0.23	0.2483	0.2869	0.1665	0.1493
Semi Variance	0.0433	0.0245	-0.0008	0.0121	0.0082	-0.003

Peer Performance Charts

How to Analyze STRATEGIC ASSET Against Peers

STRATEGIC ASSET's peer analysis compares STRATEGIC ASSET with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether STRATEGIC ASSET trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where STRATEGIC ASSET leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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STRATEGIC ASSET Competition

STRATEGIC ASSET and AB BOND Correlation Summary

Poor diversification

Moving together with STRATEGIC Mutual Fund

Specify up to 10 symbols:

STRATEGIC ASSET Competition Correlation Matrix

Risk-Adjusted Indicators

STRATEGIC ASSET Competitive Analysis

Peer Performance Charts

How to Analyze STRATEGIC ASSET Against Peers

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