IUMF.L vs. SEIV

Last updated Jun 5, 2026

IUMF.L (iShares Edge MSCI USA Momentum Factor UCITS ETF) and SEIV (SEI Enhanced US Large Cap Value Factor ETF) are both exchange-traded funds - IUMF.L is a Momentum fund tracking the MSCI USA Momentum Index, while SEIV is a Large Cap Value Equities fund actively managed by SEI. IUMF.L is passively managed, while SEIV is actively managed. Over the past 3 years, IUMF.L returned 28.84%/yr vs 24.78%/yr for SEIV. At a 0.43 correlation, their price movements are largely independent. IUMF.L charges 0.20%/yr vs 0.15%/yr for SEIV.

Performance

IUMF.L vs. SEIV - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI USA Momentum Factor UCITS ETF (IUMF.L) and SEI Enhanced US Large Cap Value Factor ETF (SEIV). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IUMF.L is traded in GBp, while SEIV is traded in USD. To make them comparable, the SEIV values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IUMF.L achieves a 29.89% return, which is significantly higher than SEIV's 18.71% return.

IUMF.L

• 1D: -1.75%
• 1M: 13.21%
• YTD: 29.89%
• 6M: 29.09%
• 1Y: 40.90%
• 3Y*: 28.84%
• 5Y*: 15.33%
• 10Y*: —

SEIV

• 1D: -0.04%
• 1M: 10.21%
• YTD: 18.71%
• 6M: 20.20%
• 1Y: 46.92%
• 3Y*: 24.78%
• 5Y*: —
• 10Y*: —

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

IUMF.L vs. SEIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IUMF.L iShares Edge MSCI USA Momentum Factor UCITS ETF	29.89%	9.14%	34.88%	3.73%	10.22%
SEIV SEI Enhanced US Large Cap Value Factor ETF	18.71%	18.35%	21.82%	15.81%	-1.76%

Correlation

The correlation between IUMF.L and SEIV is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.43

IUMF.L vs. SEIV - Sectors Allocation Comparison

Sectors	IUMF.L	SEIV
Technology	42.9%	17.0%
Industrials	19.2%	3.0%
Healthcare	9.6%	18.1%
Financial Services	7.3%	23.0%
Communication Services	6.7%	6.5%
Consumer Cyclical	5.1%	18.5%
Energy	2.5%	0.9%
Consumer Defensive	2.2%	3.9%
Basic Materials	1.9%	5.1%
Utilities	1.5%	2.4%
Real Estate	1.1%	1.2%

Return for Risk

IUMF.L vs. SEIV — Risk / Return Rank

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

IUMF.L

IUMF.L Risk / Return Rank: 74
IUMF.L Sharpe Ratio Rank: 70
IUMF.L Sortino Ratio Rank: 72
IUMF.L Omega Ratio Rank: 69
IUMF.L Calmar Ratio Rank: 83
IUMF.L Martin Ratio Rank: 75

SEIV

SEIV Risk / Return Rank: 94
SEIV Sharpe Ratio Rank: 94
SEIV Sortino Ratio Rank: 95
SEIV Omega Ratio Rank: 94
SEIV Calmar Ratio Rank: 93
SEIV Martin Ratio Rank: 94

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.

IUMF.L vs. SEIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Momentum Factor UCITS ETF (IUMF.L) and SEI Enhanced US Large Cap Value Factor ETF (SEIV). 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.

	IUMF.L	SEIV	Difference
Sharpe ratio: Return per unit of total volatility	2.26	3.90	-1.64
Sortino ratio: Return per unit of downside risk	3.19	5.03	-1.84
Omega ratio: Gain probability vs. loss probability	1.40	1.71	-0.31
Calmar ratio: Return relative to maximum drawdown	4.37	10.50	-6.13
Martin ratio: Return relative to average drawdown	14.10	37.06	-22.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUMF.L vs. SEIV - Sharpe Ratio Comparison

The current IUMF.L Sharpe Ratio is 2.26, which is lower than the SEIV Sharpe Ratio of 3.90. The chart below compares the historical Sharpe Ratios of IUMF.L and SEIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IUMF.L	SEIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	3.90	-1.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.13	-0.28

Drawdowns

IUMF.L vs. SEIV - Drawdown Comparison

The maximum IUMF.L drawdown since its inception was -25.23%, which is greater than SEIV's maximum drawdown of -20.25%. Use the drawdown chart below to compare losses from any high point for IUMF.L and SEIV.

Drawdown Indicators

	IUMF.L	SEIV	Difference
Max Drawdown Largest peak-to-trough decline	-25.23%	-20.25%	-4.98%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-4.49%	-4.83%
Max Drawdown (3Y) Largest decline over 3 years	-22.56%	-20.25%	-2.31%
Max Drawdown (5Y) Largest decline over 5 years	-24.37%	—	—
Current Drawdown Current decline from peak	-1.75%	-0.54%	-1.21%
Average Drawdown Average peak-to-trough decline	-6.44%	-3.53%	-2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	1.27%	+1.62%

Volatility

IUMF.L vs. SEIV - Volatility Comparison

iShares Edge MSCI USA Momentum Factor UCITS ETF (IUMF.L) has a higher volatility of 7.86% compared to SEI Enhanced US Large Cap Value Factor ETF (SEIV) at 3.41%. This indicates that IUMF.L's price experiences larger fluctuations and is considered to be riskier than SEIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUMF.L	SEIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.86%	3.41%	+4.45%
Volatility (6M) Calculated over the trailing 6-month period	15.09%	8.67%	+6.42%
Volatility (1Y) Calculated over the trailing 1-year period	17.99%	12.12%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.29%	15.93%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.66%	15.93%	+2.73%

IUMF.L vs. SEIV - Expense Ratio Comparison

IUMF.L has a 0.20% expense ratio, which is higher than SEIV's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IUMF.L vs. SEIV - Dividend Comparison

IUMF.L has not paid dividends to shareholders, while SEIV's dividend yield for the trailing twelve months is around 1.34%.

Position	TTM	2025	2024	2023	2022
IUMF.L iShares Edge MSCI USA Momentum Factor UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SEIV SEI Enhanced US Large Cap Value Factor ETF	1.34%	1.51%	1.66%	2.08%	1.63%

Frequently Asked Questions

Can I hold both IUMF.L and SEIV in my portfolio?

IUMF.L and SEIV have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IUMF.L or SEIV?

On fees, SEIV is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IUMF.L or SEIV?

SEIV is cheaper with a 0.15% expense ratio, compared with 0.20% for IUMF.L.

What is the main difference between IUMF.L and SEIV?

IUMF.L is categorized as Momentum, while SEIV is Large Cap Value Equities. They also come from different issuers: iShares and SEI. Their fees differ too: 0.20% for IUMF.L and 0.15% for SEIV.