LEND vs. SEIM

Last updated Jul 8, 2026

LEND (SEI High Yield Bond & Alternative Credit ETF) and SEIM (SEI Enhanced US Large Cap Momentum Factor ETF) are both exchange-traded funds - LEND is a High Yield Bonds fund actively managed by SEI, while SEIM is a Momentum fund actively managed by SEI. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. LEND charges 0.65%/yr vs 0.15%/yr for SEIM.

Performance

LEND vs. SEIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI High Yield Bond & Alternative Credit ETF (LEND) and SEI Enhanced US Large Cap Momentum Factor ETF (SEIM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LEND

• 1D: 0.48%
• 1M: 1.10%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SEIM

• 1D: -1.23%
• 1M: 2.07%
• 6M: 13.45%
• YTD: 16.94%
• 1Y: 28.47%
• 3Y*: 27.87%
• 5Y*: —
• 10Y*: —

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

LEND vs. SEIM - Yearly Performance Comparison

	2026 (YTD)
LEND SEI High Yield Bond & Alternative Credit ETF	0.74%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	3.46%

Correlation

The correlation between LEND and SEIM is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.55

Return for Risk

LEND vs. SEIM — Risk / Return Rank

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

LEND

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SEIM

SEIM Risk / Return Rank: 62
SEIM Sharpe Ratio Rank: 57
SEIM Sortino Ratio Rank: 55
SEIM Omega Ratio Rank: 54
SEIM Calmar Ratio Rank: 68
SEIM Martin Ratio Rank: 77

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.

LEND vs. SEIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI High Yield Bond & Alternative Credit ETF (LEND) and SEI Enhanced US Large Cap Momentum Factor ETF (SEIM). 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.

	LEND	SEIM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.61	—
Sortino ratio: Return per unit of downside risk	—	2.23	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.84	—
Martin ratio: Return relative to average drawdown	—	11.94	—

Drawdowns

LEND vs. SEIM - Drawdown Comparison

The maximum LEND drawdown since its inception was -0.87%, smaller than the maximum SEIM drawdown of -22.17%. Use the drawdown chart below to compare losses from any high point for LEND and SEIM.

Drawdown Indicators

	LEND	SEIM	Difference
Max Drawdown Largest peak-to-trough decline	-0.87%	-22.17%	+21.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.07%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.17%	—
Current Drawdown Current decline from peak	0.00%	-4.11%	+4.11%
Average Drawdown Average peak-to-trough decline	-0.27%	-3.95%	+3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.39%	—

Volatility

Volatility by Period

	LEND	SEIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.38%	17.78%	-14.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.38%	19.13%	-15.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.38%	19.13%	-15.75%

LEND vs. SEIM - Expense Ratio Comparison

LEND has a 0.65% expense ratio, which is higher than SEIM's 0.15% expense ratio.

Dividends

LEND vs. SEIM - Dividend Comparison

LEND's dividend yield for the trailing twelve months is around 0.98%, more than SEIM's 0.54% yield.

Position	TTM	2025	2024	2023	2022
LEND SEI High Yield Bond & Alternative Credit ETF	0.98%	0.00%	0.00%	0.00%	0.00%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	0.54%	0.56%	0.48%	0.89%	1.01%

Frequently Asked Questions

Can I hold both LEND and SEIM in my portfolio?

LEND and SEIM have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LEND or SEIM?

On fees, SEIM 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, LEND or SEIM?

SEIM is cheaper with a 0.15% expense ratio, compared with 0.65% for LEND.

Which ETF pays a higher dividend yield, LEND or SEIM?

LEND has the higher dividend yield at 0.98%, compared with 0.54% for SEIM.

What is the main difference between LEND and SEIM?

LEND is categorized as High Yield Bonds, while SEIM is Momentum. Their fees differ too: 0.65% for LEND and 0.15% for SEIM.