SEEM vs. SEIM

Last updated Jun 23, 2026

SEEM (SEI Select Emerging Markets Equity ETF) and SEIM (SEI Enhanced US Large Cap Momentum Factor ETF) are both exchange-traded funds - SEEM is a Emerging Markets Diversified fund actively managed by SEI, while SEIM is a Momentum fund actively managed by SEI. Both are actively managed. Over the past year, SEEM returned 62.03% vs 39.75% for SEIM. A 0.64 correlation means they provide meaningful diversification when combined. SEEM charges 0.60%/yr vs 0.15%/yr for SEIM.

Performance

SEEM vs. SEIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Select Emerging Markets Equity ETF (SEEM) 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, SEEM achieves a 34.03% return, which is significantly higher than SEIM's 21.04% return.

SEEM

• 1D: 0.72%
• 1M: 8.87%
• YTD: 34.03%
• 6M: 36.33%
• 1Y: 62.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SEIM

• 1D: 0.81%
• 1M: 5.31%
• YTD: 21.04%
• 6M: 19.67%
• 1Y: 39.75%
• 3Y*: 30.04%
• 5Y*: —
• 10Y*: —

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

SEEM vs. SEIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SEEM SEI Select Emerging Markets Equity ETF	34.03%	38.16%	-6.66%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	21.04%	20.20%	5.54%

Correlation

The correlation between SEEM and SEIM is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024	0.64

The correlation between SEEM and SEIM has been stable across timeframes, ranging from 0.64 to 0.73 - a consistent structural relationship.

Return for Risk

SEEM vs. SEIM — Risk / Return Rank

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

SEEM

SEEM Risk / Return Rank: 86
SEEM Sharpe Ratio Rank: 90
SEEM Sortino Ratio Rank: 84
SEEM Omega Ratio Rank: 88
SEEM Calmar Ratio Rank: 84
SEEM Martin Ratio Rank: 85

SEIM

SEIM Risk / Return Rank: 76
SEIM Sharpe Ratio Rank: 75
SEIM Sortino Ratio Rank: 71
SEIM Omega Ratio Rank: 71
SEIM Calmar Ratio Rank: 79
SEIM Martin Ratio Rank: 85

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.

SEEM vs. SEIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Select Emerging Markets Equity ETF (SEEM) 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.

	SEEM	SEIM	Difference
Sharpe ratio: Return per unit of total volatility	2.90	2.31	+0.59
Sortino ratio: Return per unit of downside risk	3.57	3.09	+0.49
Omega ratio: Gain probability vs. loss probability	1.53	1.40	+0.12
Calmar ratio: Return relative to maximum drawdown	4.45	3.97	+0.48
Martin ratio: Return relative to average drawdown	17.01	17.00	+0.01

SEEM vs. SEIM - Sharpe Ratio Comparison

The current SEEM Sharpe Ratio is 2.90, which is comparable to the SEIM Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of SEEM 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

SEEM vs. SEIM - Drawdown Comparison

The maximum SEEM drawdown since its inception was -14.34%, smaller than the maximum SEIM drawdown of -22.17%. Use the drawdown chart below to compare losses from any high point for SEEM and SEIM.

Drawdown Indicators

	SEEM	SEIM	Difference
Max Drawdown Largest peak-to-trough decline	-14.34%	-22.17%	+7.83%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-10.07%	-3.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.17%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.66%	-3.97%	+1.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.66%	2.34%	+1.32%

Volatility

SEEM vs. SEIM - Volatility Comparison

SEI Select Emerging Markets Equity ETF (SEEM) has a higher volatility of 10.34% compared to SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) at 6.75%. This indicates that SEEM's price experiences larger fluctuations and is considered to be riskier than SEIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEEM	SEIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.34%	6.75%	+3.59%
Volatility (6M) Calculated over the trailing 6-month period	19.24%	14.33%	+4.91%
Volatility (1Y) Calculated over the trailing 1-year period	21.57%	17.32%	+4.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.74%	19.07%	+1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.74%	19.07%	+1.67%

SEEM vs. SEIM - Expense Ratio Comparison

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

Dividends

SEEM vs. SEIM - Dividend Comparison

SEEM's dividend yield for the trailing twelve months is around 2.37%, more than SEIM's 0.51% yield.

Position	TTM	2025	2024	2023	2022
SEEM SEI Select Emerging Markets Equity ETF	2.37%	3.31%	0.31%	0.00%	0.00%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	0.51%	0.56%	0.48%	0.89%	1.01%

Frequently Asked Questions

Can I hold both SEEM and SEIM in my portfolio?

SEEM and SEIM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEEM or SEIM?

SEEM has higher volatility (10.34%) compared to SEIM (6.75%). In terms of maximum drawdown, SEEM dropped -14.34% vs SEIM's -22.17%.

Which ETF is better, SEEM or SEIM?

On 1-year performance, SEEM leads with 62.03% vs 39.75% for SEIM. On fees, SEIM is cheaper at 0.15% per year. On volatility, SEIM has been the lower-risk option at 6.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SEEM or SEIM?

Over the 1-year period, SEEM has performed better with a 62.03% return vs 39.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SEEM or SEIM?

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

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

SEEM has the higher dividend yield at 2.37%, compared with 0.51% for SEIM.

What is the main difference between SEEM and SEIM?

SEEM is categorized as Emerging Markets Diversified, while SEIM is Momentum. Their fees differ too: 0.60% for SEEM and 0.15% for SEIM.

Which has better risk-adjusted returns?

SEEM currently has the higher Sharpe Ratio (2.90 vs 2.31), 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.