FLCE vs. SELV

Last updated Jul 14, 2026

FLCE (Frontier Asset U.S. Large Cap Equity ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, FLCE returned 18.37% vs 10.70% for SELV. At a 0.49 correlation, their price movements are largely independent. FLCE charges 0.90%/yr vs 0.15%/yr for SELV.

Performance

FLCE vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Frontier Asset U.S. Large Cap Equity ETF (FLCE) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLCE achieves a 9.08% return, which is significantly higher than SELV's 4.65% return.

FLCE

• 1D: -0.72%
• 1M: 1.47%
• 6M: 6.80%
• YTD: 9.08%
• 1Y: 18.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SELV

• 1D: 0.81%
• 1M: 1.85%
• 6M: 3.60%
• YTD: 4.65%
• 1Y: 10.70%
• 3Y*: 11.44%
• 5Y*: —
• 10Y*: —

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

FLCE vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLCE Frontier Asset U.S. Large Cap Equity ETF	9.08%	14.45%	-1.21%
SELV SEI Enhanced Low Volatility US Large Cap ETF	4.65%	12.86%	-0.47%

Correlation

The correlation between FLCE and SELV is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Dec 20, 2024	0.49

The correlation between FLCE and SELV shifts across timeframes, from 0.31 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FLCE vs. SELV — Risk / Return Rank

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

FLCE

FLCE Risk / Return Rank: 57
FLCE Sharpe Ratio Rank: 58
FLCE Sortino Ratio Rank: 58
FLCE Omega Ratio Rank: 56
FLCE Calmar Ratio Rank: 51
FLCE Martin Ratio Rank: 64

SELV

SELV Risk / Return Rank: 41
SELV Sharpe Ratio Rank: 41
SELV Sortino Ratio Rank: 41
SELV Omega Ratio Rank: 38
SELV Calmar Ratio Rank: 45
SELV Martin Ratio Rank: 39

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.

FLCE vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Frontier Asset U.S. Large Cap Equity ETF (FLCE) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). 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.

	FLCE	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.16	+0.39
Sortino ratio: Return per unit of downside risk	2.20	1.71	+0.49
Omega ratio: Gain probability vs. loss probability	1.28	1.20	+0.07
Calmar ratio: Return relative to maximum drawdown	2.07	1.81	+0.26
Martin ratio: Return relative to average drawdown	8.98	4.84	+4.14

FLCE vs. SELV - Sharpe Ratio Comparison

The current FLCE Sharpe Ratio is 1.55, which is higher than the SELV Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of FLCE and SELV, 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

FLCE vs. SELV - Drawdown Comparison

The maximum FLCE drawdown since its inception was -17.52%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for FLCE and SELV.

Drawdown Indicators

	FLCE	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-17.52%	-13.73%	-3.79%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-5.92%	-2.98%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.94%	—
Current Drawdown Current decline from peak	-0.72%	-0.34%	-0.38%
Average Drawdown Average peak-to-trough decline	-2.35%	-2.37%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.21%	-0.16%

Volatility

FLCE vs. SELV - Volatility Comparison

Frontier Asset U.S. Large Cap Equity ETF (FLCE) and SEI Enhanced Low Volatility US Large Cap ETF (SELV) have volatilities of 3.81% and 3.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLCE	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	3.86%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	7.24%	+2.27%
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	9.26%	+2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	11.90%	+4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	11.90%	+4.05%

FLCE vs. SELV - Expense Ratio Comparison

FLCE has a 0.90% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

FLCE vs. SELV - Dividend Comparison

FLCE's dividend yield for the trailing twelve months is around 0.31%, less than SELV's 1.71% yield.

Position	TTM	2025	2024	2023	2022
FLCE Frontier Asset U.S. Large Cap Equity ETF	0.31%	0.32%	0.01%	0.00%	0.00%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.71%	1.74%	1.77%	2.06%	1.26%

Frequently Asked Questions

Can I hold both FLCE and SELV in my portfolio?

FLCE and SELV have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLCE or SELV?

SELV has higher volatility (3.86%) compared to FLCE (3.81%). In terms of maximum drawdown, FLCE dropped -17.52% vs SELV's -13.73%.

Which ETF is better, FLCE or SELV?

On 1-year performance, FLCE leads with 18.37% vs 10.70% for SELV. On fees, SELV is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLCE or SELV?

Over the 1-year period, FLCE has performed better with a 18.37% return vs 10.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLCE or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.90% for FLCE.

Which ETF pays a higher dividend yield, FLCE or SELV?

SELV has the higher dividend yield at 1.71%, compared with 0.31% for FLCE.

What is the main difference between FLCE and SELV?

They also come from different issuers: Frontier and SEI. Their fees differ too: 0.90% for FLCE and 0.15% for SELV.

Which has better risk-adjusted returns?

FLCE currently has the higher Sharpe Ratio (1.55 vs 1.16), 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.