PUI vs. SEIM

Last updated Jun 26, 2026

PUI (Invesco DWA Utilities Momentum ETF) and SEIM (SEI Enhanced US Large Cap Momentum Factor ETF) are both Momentum funds. PUI is passively managed, while SEIM is actively managed. Over the past 3 years, PUI returned 16.78%/yr vs 29.64%/yr for SEIM. At a 0.47 correlation, their price movements are largely independent. PUI charges 0.60%/yr vs 0.15%/yr for SEIM.

Performance

PUI vs. SEIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Utilities Momentum ETF (PUI) and SEI Enhanced US Large Cap Momentum Factor ETF (SEIM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PUI achieves a 11.15% return, which is significantly lower than SEIM's 20.04% return.

PUI

• 1D: 1.09%
• 1M: 0.38%
• YTD: 11.15%
• 6M: 10.09%
• 1Y: 18.97%
• 3Y*: 16.78%
• 5Y*: 9.70%
• 10Y*: 8.51%

SEIM

• 1D: 1.45%
• 1M: 2.56%
• YTD: 20.04%
• 6M: 17.85%
• 1Y: 34.67%
• 3Y*: 29.64%
• 5Y*: —
• 10Y*: —

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

PUI vs. SEIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
PUI Invesco DWA Utilities Momentum ETF	11.15%	15.25%	23.91%	-4.47%	-4.04%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	20.04%	20.20%	39.12%	16.25%	-5.62%

Correlation

The correlation between PUI and SEIM is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.47

PUI vs. SEIM - Sectors Allocation Comparison

Sectors	PUI	SEIM
Utilities	77.9%	2.4%
Energy	10.1%	11.8%
Industrials	9.9%	6.8%
Communication Services	2.1%	4.4%
Financial Services	0.1%	8.1%
Basic Materials	-	4.7%
Consumer Cyclical	-	7.2%
Consumer Defensive	-	7.9%
Healthcare	-	9.5%
Real Estate	-	7.2%
Technology	-	29.5%

Return for Risk

PUI vs. SEIM — Risk / Return Rank

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

PUI

PUI Risk / Return Rank: 36
PUI Sharpe Ratio Rank: 40
PUI Sortino Ratio Rank: 37
PUI Omega Ratio Rank: 35
PUI Calmar Ratio Rank: 38
PUI Martin Ratio Rank: 30

SEIM

SEIM Risk / Return Rank: 74
SEIM Sharpe Ratio Rank: 72
SEIM Sortino Ratio Rank: 68
SEIM Omega Ratio Rank: 68
SEIM Calmar Ratio Rank: 77
SEIM Martin Ratio Rank: 84

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.

PUI vs. SEIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Utilities Momentum ETF (PUI) 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.

	PUI	SEIM	Difference
Sharpe ratio: Return per unit of total volatility	1.27	2.00	-0.73
Sortino ratio: Return per unit of downside risk	1.76	2.71	-0.95
Omega ratio: Gain probability vs. loss probability	1.21	1.35	-0.14
Calmar ratio: Return relative to maximum drawdown	1.72	3.46	-1.74
Martin ratio: Return relative to average drawdown	3.91	14.77	-10.86

PUI vs. SEIM - Sharpe Ratio Comparison

The current PUI Sharpe Ratio is 1.27, which is lower than the SEIM Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of PUI and SEIM, 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

PUI vs. SEIM - Drawdown Comparison

The maximum PUI drawdown since its inception was -43.20%, which is greater than SEIM's maximum drawdown of -22.17%. Use the drawdown chart below to compare losses from any high point for PUI and SEIM.

Drawdown Indicators

	PUI	SEIM	Difference
Max Drawdown Largest peak-to-trough decline	-43.20%	-22.17%	-21.03%
Max Drawdown (1Y) Largest decline over 1 year	-11.07%	-10.07%	-1.00%
Max Drawdown (3Y) Largest decline over 3 years	-15.28%	-22.17%	+6.89%
Max Drawdown (5Y) Largest decline over 5 years	-23.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.61%	—	—
Current Drawdown Current decline from peak	-1.00%	-0.83%	-0.17%
Average Drawdown Average peak-to-trough decline	-8.44%	-3.96%	-4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.86%	2.35%	+2.51%

Volatility

PUI vs. SEIM - Volatility Comparison

The current volatility for Invesco DWA Utilities Momentum ETF (PUI) is 4.71%, while SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) has a volatility of 7.07%. This indicates that PUI experiences smaller price fluctuations and is considered to be less risky than SEIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PUI	SEIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	7.07%	-2.36%
Volatility (6M) Calculated over the trailing 6-month period	11.06%	14.42%	-3.36%
Volatility (1Y) Calculated over the trailing 1-year period	15.06%	17.41%	-2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.62%	19.09%	-2.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.08%	19.09%	-0.01%

PUI vs. SEIM - Expense Ratio Comparison

PUI has a 0.60% expense ratio, which is higher than SEIM's 0.15% expense ratio.

Dividends

PUI vs. SEIM - Dividend Comparison

PUI's dividend yield for the trailing twelve months is around 1.95%, more than SEIM's 0.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PUI Invesco DWA Utilities Momentum ETF	1.95%	2.22%	2.06%	2.36%	2.16%	2.03%	2.42%	2.02%	1.87%	2.98%	3.35%	2.82%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	0.51%	0.56%	0.48%	0.89%	1.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PUI and SEIM in my portfolio?

PUI and SEIM have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PUI or SEIM?

SEIM has higher volatility (7.07%) compared to PUI (4.71%). In terms of maximum drawdown, PUI dropped -43.20% vs SEIM's -22.17%.

Which ETF is better, PUI or SEIM?

On 3-year performance, SEIM leads with 29.64% vs 16.78% for PUI. On fees, SEIM is cheaper at 0.15% per year. On volatility, PUI has been the lower-risk option at 4.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PUI or SEIM?

Over the 3-year period, SEIM has performed better with a 29.64% return vs 16.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PUI or SEIM?

SEIM is cheaper with a 0.15% expense ratio, compared with 0.60% for PUI.

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

PUI has the higher dividend yield at 1.95%, compared with 0.51% for SEIM.

What is the main difference between PUI and SEIM?

They also come from different issuers: Invesco and SEI. Their fees differ too: 0.60% for PUI and 0.15% for SEIM.

Which has better risk-adjusted returns?

SEIM currently has the higher Sharpe Ratio (2.00 vs 1.27), 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.