IQM vs. SELV

Last updated Aug 6, 2026

IQM (Franklin Intelligent Machines ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both exchange-traded funds - IQM is a Technology Equities fund actively managed by Franklin Templeton, while SELV is a Low Volatility fund actively managed by SEI. Both are actively managed. Over the past 3 years, IQM returned 32.01%/yr vs 13.17%/yr for SELV. Their 0.38 correlation means their historical movements had little consistent relationship. IQM charges 0.50%/yr vs 0.15%/yr for SELV.

Performance

IQM vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Intelligent Machines ETF (IQM) 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, IQM achieves a 24.59% return, which is significantly higher than SELV's 8.08% return.

IQM

• 1D: -0.82%
• 1M: -4.86%
• 6M: 23.42%
• YTD: 24.59%
• 1Y: 37.08%
• 3Y*: 32.01%
• 5Y*: 16.96%
• 10Y*: —
• ALL TIME*: 26.08%

SELV

• 1D: -0.16%
• 1M: 4.58%
• 6M: 4.77%
• YTD: 8.08%
• 1Y: 14.83%
• 3Y*: 13.17%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.78%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IQM Franklin Intelligent Machines ETF	$2.67M	$1.52M	$1.22M
SELV SEI Enhanced Low Volatility US Large Cap ETF	$562.11K	$491.64K	$527.59K

IQM vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IQM Franklin Intelligent Machines ETF	24.59%	30.76%	31.03%	41.06%	-3.23%
SELV SEI Enhanced Low Volatility US Large Cap ETF	8.08%	12.86%	14.71%	6.58%	-0.61%

Correlation

The correlation between IQM and SELV is -0.18, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.18
Correlation (3Y) Balances recent behavior with more history.	0.21
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.38

The correlation between IQM and SELV shifts across timeframes, from -0.18 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.

IQM vs. SELV - Sectors Allocation Comparison

Sectors	IQM	SELV
Technology	70.5%	29.3%
Industrials	14.8%	7.8%
Utilities	3.5%	5.1%
Energy	3.1%	2.5%
Consumer Cyclical	2.7%	2.4%
Communication Services	1.1%	11.4%
Healthcare	1.0%	18.3%
Basic Materials	-	0.4%
Consumer Defensive	-	12.2%
Financial Services	-	10.5%
Real Estate	-	0.1%

Return for Risk

IQM vs. SELV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IQM

IQM Risk / Return Rank: 38
IQM Sharpe Ratio Rank: 36
IQM Sortino Ratio Rank: 35
IQM Omega Ratio Rank: 36
IQM Calmar Ratio Rank: 37
IQM Martin Ratio Rank: 44

SELV

SELV Risk / Return Rank: 56
SELV Sharpe Ratio Rank: 54
SELV Sortino Ratio Rank: 58
SELV Omega Ratio Rank: 53
SELV Calmar Ratio Rank: 63
SELV Martin Ratio Rank: 51

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IQM vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Intelligent Machines ETF (IQM) 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.

	IQM	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.52	-0.49
Sortino ratio: Return per unit of downside risk	1.48	2.25	-0.76
Omega ratio: Gain probability vs. loss probability	1.19	1.27	-0.08
Calmar ratio: Return relative to maximum drawdown	1.47	2.51	-1.04
Martin ratio: Return relative to average drawdown	5.49	6.73	-1.24

IQM vs. SELV - Sharpe Ratio Comparison

The current IQM Sharpe Ratio is 1.02, which is lower than the SELV Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of IQM 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

IQM vs. SELV - Drawdown Comparison

The maximum IQM drawdown since its inception was -44.91%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for IQM and SELV.

Drawdown Indicators

	IQM	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-44.91%	-13.73%	-31.18%
Max Drawdown (1Y) Largest decline over 1 year	-25.28%	-5.92%	-19.36%
Max Drawdown (3Y) Largest decline over 3 years	-30.42%	-8.94%	-21.48%
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	—	—
Current Drawdown Current decline from peak	-13.53%	-0.16%	-13.37%
Average Drawdown Average peak-to-trough decline	-12.20%	-2.34%	-9.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.77%	2.21%	+4.56%

Volatility

IQM vs. SELV - Volatility Comparison

Franklin Intelligent Machines ETF (IQM) has a higher volatility of 15.57% compared to SEI Enhanced Low Volatility US Large Cap ETF (SELV) at 4.29%. This indicates that IQM's price experiences larger fluctuations and is considered to be riskier than SELV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQM	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.57%	4.29%	+11.28%
Volatility (6M) Calculated over the trailing 6-month period	31.51%	7.94%	+23.57%
Volatility (1Y) Calculated over the trailing 1-year period	36.39%	9.84%	+26.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.73%	11.97%	+18.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.73%	11.97%	+19.76%

IQM vs. SELV - Expense Ratio Comparison

IQM has a 0.50% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

IQM vs. SELV - Dividend Comparison

IQM has not paid dividends to shareholders, while SELV's dividend yield for the trailing twelve months is around 1.65%.

Position	TTM	2025	2024	2023	2022	2021	2020
IQM Franklin Intelligent Machines ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.01%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.65%	1.74%	1.77%	2.06%	1.26%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IQM and SELV in my portfolio?

IQM and SELV have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IQM or SELV?

IQM has higher volatility (15.57%) compared to SELV (4.29%). In terms of maximum drawdown, IQM dropped -44.91% vs SELV's -13.73%.

Which ETF is better, IQM or SELV?

On 3-year performance, IQM leads with 32.01% vs 13.17% for SELV. On fees, SELV is cheaper at 0.15% per year. On volatility, SELV has been the lower-risk option at 4.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IQM or SELV?

Over the 3-year period, IQM has performed better with a 32.01% return vs 13.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IQM or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.50% for IQM.

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

SELV has the higher dividend yield at 1.65%, compared with 0.00% for IQM.

What is the main difference between IQM and SELV?

IQM is categorized as Technology Equities, while SELV is Low Volatility. They also come from different issuers: Franklin Templeton and SEI. Their fees differ too: 0.50% for IQM and 0.15% for SELV.

Which has better risk-adjusted returns?

SELV currently has the higher Sharpe Ratio (1.52 vs 1.02), 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.