NANC vs. SELV

Last updated Jul 15, 2026

NANC (Unusual Whales Subversive Democratic Trading 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 3 years, NANC returned 21.61%/yr vs 10.83%/yr for SELV. A 0.51 correlation means they provide meaningful diversification when combined. NANC charges 0.72%/yr vs 0.15%/yr for SELV.

Performance

NANC vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unusual Whales Subversive Democratic Trading ETF (NANC) 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, NANC achieves a 10.61% return, which is significantly higher than SELV's 2.97% return.

NANC

• 1D: 0.88%
• 1M: 2.49%
• 6M: 8.86%
• YTD: 10.61%
• 1Y: 20.07%
• 3Y*: 21.61%
• 5Y*: —
• 10Y*: —

SELV

• 1D: -1.61%
• 1M: 0.21%
• 6M: 2.08%
• YTD: 2.97%
• 1Y: 8.49%
• 3Y*: 10.83%
• 5Y*: —
• 10Y*: —

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

NANC vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NANC Unusual Whales Subversive Democratic Trading ETF	10.61%	18.54%	26.83%	22.81%
SELV SEI Enhanced Low Volatility US Large Cap ETF	2.97%	12.86%	14.71%	4.98%

Correlation

The correlation between NANC and SELV is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 7, 2023	0.51

Over the past year, the correlation between NANC and SELV has dropped to 0.21 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.

NANC vs. SELV - Sectors Allocation Comparison

Sectors	NANC	SELV
Technology	45.0%	21.4%
Communication Services	13.9%	15.8%
Healthcare	9.3%	17.0%
Consumer Cyclical	8.7%	4.9%
Financial Services	8.2%	4.8%
Consumer Defensive	7.2%	12.3%
Industrials	5.1%	7.5%
Basic Materials	1.9%	2.8%
Utilities	0.6%	7.6%
Energy	-	4.3%
Real Estate	-	0.1%

Return for Risk

NANC vs. SELV — Risk / Return Rank

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

NANC

NANC Risk / Return Rank: 47
NANC Sharpe Ratio Rank: 50
NANC Sortino Ratio Rank: 48
NANC Omega Ratio Rank: 48
NANC Calmar Ratio Rank: 40
NANC Martin Ratio Rank: 50

SELV

SELV Risk / Return Rank: 31
SELV Sharpe Ratio Rank: 30
SELV Sortino Ratio Rank: 29
SELV Omega Ratio Rank: 27
SELV Calmar Ratio Rank: 35
SELV Martin Ratio Rank: 32

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.

NANC vs. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unusual Whales Subversive Democratic Trading ETF (NANC) 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.

	NANC	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.39	0.91	+0.48
Sortino ratio: Return per unit of downside risk	1.96	1.34	+0.61
Omega ratio: Gain probability vs. loss probability	1.25	1.16	+0.09
Calmar ratio: Return relative to maximum drawdown	1.65	1.44	+0.21
Martin ratio: Return relative to average drawdown	6.63	3.84	+2.79

NANC vs. SELV - Sharpe Ratio Comparison

The current NANC Sharpe Ratio is 1.39, which is higher than the SELV Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of NANC 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

NANC vs. SELV - Drawdown Comparison

The maximum NANC drawdown since its inception was -20.94%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for NANC and SELV.

Drawdown Indicators

	NANC	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-20.94%	-13.73%	-7.21%
Max Drawdown (1Y) Largest decline over 1 year	-12.21%	-5.92%	-6.29%
Max Drawdown (3Y) Largest decline over 3 years	-20.94%	-8.94%	-12.00%
Current Drawdown Current decline from peak	-0.37%	-1.95%	+1.58%
Average Drawdown Average peak-to-trough decline	-2.64%	-2.37%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.22%	+0.82%

Volatility

NANC vs. SELV - Volatility Comparison

Unusual Whales Subversive Democratic Trading ETF (NANC) and SEI Enhanced Low Volatility US Large Cap ETF (SELV) have volatilities of 4.38% and 4.22%, 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

	NANC	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	4.22%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	11.72%	7.43%	+4.29%
Volatility (1Y) Calculated over the trailing 1-year period	14.50%	9.39%	+5.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.81%	11.92%	+4.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.81%	11.92%	+4.89%

NANC vs. SELV - Expense Ratio Comparison

NANC has a 0.72% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

NANC vs. SELV - Dividend Comparison

NANC's dividend yield for the trailing twelve months is around 0.19%, less than SELV's 1.74% yield.

Position	TTM	2025	2024	2023	2022
NANC Unusual Whales Subversive Democratic Trading ETF	0.19%	0.21%	0.20%	0.94%	0.00%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.74%	1.74%	1.77%	2.06%	1.26%

Frequently Asked Questions

Can I hold both NANC and SELV in my portfolio?

NANC and SELV have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NANC or SELV?

NANC has higher volatility (4.38%) compared to SELV (4.22%). In terms of maximum drawdown, NANC dropped -20.94% vs SELV's -13.73%.

Which ETF is better, NANC or SELV?

On 3-year performance, NANC leads with 21.61% vs 10.83% for SELV. On fees, SELV is cheaper at 0.15% per year. On volatility, SELV has been the lower-risk option at 4.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NANC or SELV?

Over the 3-year period, NANC has performed better with a 21.61% return vs 10.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NANC or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.72% for NANC.

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

SELV has the higher dividend yield at 1.74%, compared with 0.19% for NANC.

What is the main difference between NANC and SELV?

They also come from different issuers: Subversive and SEI. Their fees differ too: 0.72% for NANC and 0.15% for SELV.

Which has better risk-adjusted returns?

NANC currently has the higher Sharpe Ratio (1.39 vs 0.91), 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.