HAPI vs. SELV

Last updated Jul 14, 2026

HAPI (Harbor Corporate Culture ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both Large Cap Blend Equities funds. HAPI is passively managed, while SELV is actively managed. Over the past 3 years, HAPI returned 20.19%/yr vs 11.44%/yr for SELV. A 0.66 correlation means they provide meaningful diversification when combined. HAPI charges 0.35%/yr vs 0.15%/yr for SELV.

Performance

HAPI vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Corporate Culture ETF (HAPI) 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, HAPI achieves a 9.39% return, which is significantly higher than SELV's 4.65% return.

HAPI

• 1D: -0.24%
• 1M: 1.68%
• 6M: 6.78%
• YTD: 9.39%
• 1Y: 18.34%
• 3Y*: 20.19%
• 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)

HAPI vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HAPI Harbor Corporate Culture ETF	9.39%	16.26%	27.62%	30.29%	10.38%
SELV SEI Enhanced Low Volatility US Large Cap ETF	4.65%	12.86%	14.71%	6.58%	12.36%

Correlation

The correlation between HAPI and SELV is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Oct 13, 2022	0.66

Over the past year, the correlation between HAPI and SELV has dropped to 0.41 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.

HAPI vs. SELV - Sectors Allocation Comparison

Sectors	HAPI	SELV
Technology	33.1%	21.4%
Communication Services	15.8%	15.8%
Financial Services	11.1%	4.8%
Consumer Cyclical	9.7%	4.9%
Industrials	8.7%	7.5%
Healthcare	7.8%	17.0%
Consumer Defensive	5.7%	12.3%
Energy	3.1%	4.3%
Utilities	2.0%	7.6%
Basic Materials	1.7%	2.8%
Real Estate	1.5%	0.1%

Return for Risk

HAPI vs. SELV — Risk / Return Rank

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

HAPI

HAPI Risk / Return Rank: 59
HAPI Sharpe Ratio Rank: 58
HAPI Sortino Ratio Rank: 60
HAPI Omega Ratio Rank: 56
HAPI Calmar Ratio Rank: 58
HAPI Martin Ratio Rank: 66

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.

HAPI vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Corporate Culture ETF (HAPI) 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.

	HAPI	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.56	1.16	+0.40
Sortino ratio: Return per unit of downside risk	2.24	1.71	+0.54
Omega ratio: Gain probability vs. loss probability	1.28	1.20	+0.07
Calmar ratio: Return relative to maximum drawdown	2.27	1.81	+0.46
Martin ratio: Return relative to average drawdown	9.40	4.84	+4.56

HAPI vs. SELV - Sharpe Ratio Comparison

The current HAPI Sharpe Ratio is 1.56, which is higher than the SELV Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of HAPI 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

HAPI vs. SELV - Drawdown Comparison

The maximum HAPI drawdown since its inception was -19.46%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for HAPI and SELV.

Drawdown Indicators

	HAPI	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-19.46%	-13.73%	-5.73%
Max Drawdown (1Y) Largest decline over 1 year	-8.12%	-5.92%	-2.20%
Max Drawdown (3Y) Largest decline over 3 years	-19.46%	-8.94%	-10.52%
Current Drawdown Current decline from peak	-0.38%	-0.34%	-0.04%
Average Drawdown Average peak-to-trough decline	-2.01%	-2.37%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	2.21%	-0.25%

Volatility

HAPI vs. SELV - Volatility Comparison

The current volatility for Harbor Corporate Culture ETF (HAPI) is 3.47%, while SEI Enhanced Low Volatility US Large Cap ETF (SELV) has a volatility of 3.86%. This indicates that HAPI experiences smaller price fluctuations and is considered to be less risky than SELV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAPI	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	3.86%	-0.39%
Volatility (6M) Calculated over the trailing 6-month period	9.32%	7.24%	+2.08%
Volatility (1Y) Calculated over the trailing 1-year period	11.83%	9.26%	+2.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	11.90%	+3.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	11.90%	+3.77%

HAPI vs. SELV - Expense Ratio Comparison

HAPI has a 0.35% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

HAPI vs. SELV - Dividend Comparison

HAPI's dividend yield for the trailing twelve months is around 0.79%, less than SELV's 1.71% yield.

Position	TTM	2025	2024	2023	2022
HAPI Harbor Corporate Culture ETF	0.79%	0.87%	0.21%	1.21%	0.29%
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 HAPI and SELV in my portfolio?

HAPI and SELV have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HAPI or SELV?

SELV has higher volatility (3.86%) compared to HAPI (3.47%). In terms of maximum drawdown, HAPI dropped -19.46% vs SELV's -13.73%.

Which ETF is better, HAPI or SELV?

On 3-year performance, HAPI leads with 20.19% vs 11.44% for SELV. On fees, SELV is cheaper at 0.15% per year. On volatility, HAPI has been the lower-risk option at 3.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HAPI or SELV?

Over the 3-year period, HAPI has performed better with a 20.19% return vs 11.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HAPI or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.35% for HAPI.

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

SELV has the higher dividend yield at 1.71%, compared with 0.79% for HAPI.

What is the main difference between HAPI and SELV?

They also come from different issuers: Harbor and SEI. Their fees differ too: 0.35% for HAPI and 0.15% for SELV.

Which has better risk-adjusted returns?

HAPI currently has the higher Sharpe Ratio (1.56 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.