SEIM vs. QALT
SEIM (SEI Enhanced US Large Cap Momentum Factor ETF) and QALT (SEI DBi Multi-Strategy Alternative ETF) are both exchange-traded funds - SEIM is a Momentum fund actively managed by SEI, while QALT is a Multistrategy fund actively managed by SEI. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. SEIM charges 0.15%/yr vs 0.80%/yr for QALT.
Performance
SEIM vs. QALT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SEIM achieves a 18.91% return, which is significantly higher than QALT's 6.22% return.
SEIM
- 1D
- -0.33%
- 1M
- 7.63%
- YTD
- 18.91%
- 6M
- 20.91%
- 1Y
- 36.91%
- 3Y*
- 29.67%
- 5Y*
- —
- 10Y*
- —
QALT
- 1D
- -0.09%
- 1M
- 3.42%
- YTD
- 6.22%
- 6M
- 6.99%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SEIM vs. QALT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SEIM SEI Enhanced US Large Cap Momentum Factor ETF | 18.91% | 6.74% |
QALT SEI DBi Multi-Strategy Alternative ETF | 6.22% | 4.91% |
Correlation
The correlation between SEIM and QALT is 0.68, 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 Aug 26, 2025 | 0.68 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SEIM vs. QALT — Risk / Return Rank
SEIM
QALT
SEIM vs. QALT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and SEI DBi Multi-Strategy Alternative ETF (QALT). 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.
| SEIM | QALT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | — | — |
| Martin ratioReturn relative to average drawdown | 16.18 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SEIM | QALT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.19 | 1.98 | -0.79 |
Drawdowns
SEIM vs. QALT - Drawdown Comparison
The maximum SEIM drawdown since its inception was -22.17%, which is greater than QALT's maximum drawdown of -4.85%. Use the drawdown chart below to compare losses from any high point for SEIM and QALT.
Loading charts...
Drawdown Indicators
| SEIM | QALT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.17% | -4.85% | -17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.07% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -22.17% | — | — |
Current DrawdownCurrent decline from peak | -0.33% | -0.27% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -1.37% | -2.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | — | — |
Volatility
SEIM vs. QALT - Volatility Comparison
Loading charts...
Volatility by Period
| SEIM | QALT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.68% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.33% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.28% | 7.63% | +8.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.86% | 7.63% | +11.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.86% | 7.63% | +11.23% |
SEIM vs. QALT - Expense Ratio Comparison
SEIM has a 0.15% expense ratio, which is lower than QALT's 0.80% expense ratio.
Dividends
SEIM vs. QALT - Dividend Comparison
SEIM's dividend yield for the trailing twelve months is around 0.52%, less than QALT's 5.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
QALT SEI DBi Multi-Strategy Alternative ETF | 5.46% | 5.15% | 0.00% | 0.00% | 0.00% |
SEIM SEI Enhanced US Large Cap Momentum Factor ETF | 0.52% | 0.56% | 0.48% | 0.89% | 1.01% |
Frequently Asked Questions
SEIM and QALT have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
SEIM is cheaper with a 0.15% expense ratio, compared with 0.80% for QALT.
QALT has the higher dividend yield at 5.46%, compared with 0.52% for SEIM.
SEIM is categorized as Momentum, while QALT is Multistrategy. Their fees differ too: 0.15% for SEIM and 0.80% for QALT.
Find the right allocation for SEIM and QALT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer