Fund Evaluator:
Sequoia (SEQUX)
Follow This Fund
Best Performing in Global Large-Stock Growth Over the Last Year
| 28.7% | Fidelity Advisor Climate Action Z (FCLZX) |
| 28.6% | Fidelity Climate Action (FCAEX) |
| 27.7% | T. Rowe Price Global Stock (PRGSX) |
| 23.1% | Fidelity Advisor Worldwide Z (FIQOX) |
| 23.0% | Fidelity Worldwide (FWWFX) |
Fund Details
Sequoia Overview
Sequoia (SEQUX) is an actively managed International Equity Global Large-Stock Growth fund. Sequoia launched the fund in 1970.
The investment seeks long-term growth of capital. The fund's investment objective is long-term growth of capital. In pursuing this objective, it focuses on investing in equity securities that the advisor believes are undervalued at the time of purchase and have the potential for growth. The fund normally invests in equity securities of U.S. and non-U.S. companies. It may invest in securities of issuers with any market capitalization. The fund is non-diversified.
About Sequoia (SEQUX)
There are 3 members of the management team with an average tenure of 10.21 years: John Harris (2016), Arman Gokgol-Kline (2016), Trevor Magyar (2016). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Sequoia has 34 securities in its portfolio. The top 10 holdings constitute 62.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Sequoia is part of the Equity global asset class and is within the International Equity fund group. Sequoia has 40.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 57.0%. There is 40.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Sequoia has 2.2% of the portfolio in cash.
Assets Under Management
The fund has $3 billion in total assets, which is above the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SEQUX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Sequoia expense ratio is high compared to funds in the Global Large-Stock Growth category. Sequoia has an expense ratio of 1.00%, which is 10% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Sequoia has a portfolio turnover rate of 10%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.
Recently, in the month of July 2026, Sequoia returned 2.2%, which earned it a grade of A, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Sequoia has a trailing yield of 0.02%, which is below the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Sequoia Grades
Year to date, the fund has returned 1.6%, 4.5 percentage points worse than the category, which translates into a grade of D. The fund has returned 5.1% over the past year (grade of D), 16.9% over the past three years (grade of B) and 7.5% per year over the past five years (grade of B) and 12.3% per year over the past 10 years (grade of C).
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SEQUX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SEQUX Return (NAV) | 2.2% | 5.8% | 5.1% | 16.9% | 7.5% | 12.3% |
| SEQUX Grade | A | A | D | B | B | C |
| +/- Category | 4.6% | 3.0% | -6.5% | 2.3% | 1.3% | 0.2% |
| Global Large-Stock Growth Avg | -2.4% | 2.8% | 11.6% | 14.6% | 6.2% | 12.1% |
| SEQUX Tax Cost Ratio | na | na | 1.3% | 1.2% | 1.5% | 2.3% |
SEQUX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SEQUX Return (NAV) | 1.6% | 22.1% | 20.8% | 27.8% | -30.5% | 25.5% | 23.3% | 29.1% | -2.6% | 20.1% | -6.9% |
| SEQUX Grade | D | A | B | B | D | A | D | D | A | F | F |
| +/- Category | -4.5% | 5.8% | 3.2% | 2.4% | -3.7% | 10.7% | -9.7% | -1.6% | 4.5% | -10.8% | -8.4% |
| Global Large-Stock Growth Avg | 6.0% | 16.3% | 17.6% | 25.4% | -26.8% | 14.8% | 33.0% | 30.7% | -7.1% | 30.9% | 1.5% |
| Risk Measures | |
| Standard Deviation: | 13.4% |
| Total Risk Index: | 1.09 - Above Average |
| Category Risk Index: | 0.87 - Below Average |
| Category Risk Grade: | B (34% Rank) |
| Beta: | 0.93 |
| R-Squared: | 77% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $3644 Mil |
| Fund Total Assets: | $3,645 Mil |
| Share Class Type: | No Load |
| Portfolio Turnover: | 10% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 10.2 years | |||
| Average Tenure: 10.2 years | |||
| Managers (Year): Harris John (2016), Gokgol-Kline Arman (2016), Magyar Trevor (2016) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 34 |
| % in Top 10 Holdings: | 62.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 40.7% |
Portfolio Allocation |
|
| Domestic Stock: | 57.0% |
| Foreign Stock: | 40.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.2% |
Purchase Information
| Fund Family: | Sequoia |
| Phone Number: | 800-686-6884 |
| Website: | www.sequoiafund.com |
| Status: | Open |
| Inception Date: | July 15, 1970 |
| Min. Initial Purchase: | $5,000 |
| Min. Initial IRA Purchase: | $2,500 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.00% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | Sequoia |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
