SEIS vs. COMB

Last updated Jul 11, 2026

SEIS (SEI Select Small Cap ETF) and COMB (GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF) are both exchange-traded funds - SEIS is a Small Cap Blend Equities fund actively managed by SEI, while COMB is a Commodities fund actively managed by GraniteShares. Both are actively managed. Over the past year, SEIS returned 26.34% vs 25.91% for COMB. At a correlation of -0.02, they often move in opposite directions. SEIS charges 0.55%/yr vs 0.25%/yr for COMB.

Performance

SEIS vs. COMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Select Small Cap ETF (SEIS) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SEIS having a 16.91% return and COMB slightly higher at 17.53%.

SEIS

• 1D: -0.44%
• 1M: 0.27%
• 6M: 11.68%
• YTD: 16.91%
• 1Y: 26.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COMB

• 1D: 0.00%
• 1M: -1.59%
• 6M: 14.82%
• YTD: 17.53%
• 1Y: 25.91%
• 3Y*: 11.95%
• 5Y*: 9.83%
• 10Y*: —

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

SEIS vs. COMB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SEIS SEI Select Small Cap ETF	16.91%	9.81%	1.42%
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF	17.53%	15.12%	0.49%

Correlation

The correlation between SEIS and COMB is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024	-0.02

Return for Risk

SEIS vs. COMB — Risk / Return Rank

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

SEIS

SEIS Risk / Return Rank: 48
SEIS Sharpe Ratio Rank: 44
SEIS Sortino Ratio Rank: 46
SEIS Omega Ratio Rank: 41
SEIS Calmar Ratio Rank: 55
SEIS Martin Ratio Rank: 53

COMB

COMB Risk / Return Rank: 52
COMB Sharpe Ratio Rank: 57
COMB Sortino Ratio Rank: 52
COMB Omega Ratio Rank: 57
COMB Calmar Ratio Rank: 45
COMB Martin Ratio Rank: 47

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.

SEIS vs. COMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Select Small Cap ETF (SEIS) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). 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.

	SEIS	COMB	Difference
Sharpe ratio: Return per unit of total volatility	1.25	1.56	-0.31
Sortino ratio: Return per unit of downside risk	1.88	2.09	-0.21
Omega ratio: Gain probability vs. loss probability	1.22	1.28	-0.06
Calmar ratio: Return relative to maximum drawdown	2.17	1.82	+0.35
Martin ratio: Return relative to average drawdown	7.20	6.14	+1.06

SEIS vs. COMB - Sharpe Ratio Comparison

The current SEIS Sharpe Ratio is 1.25, which is comparable to the COMB Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of SEIS and COMB, 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

SEIS vs. COMB - Drawdown Comparison

The maximum SEIS drawdown since its inception was -26.08%, smaller than the maximum COMB drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for SEIS and COMB.

Drawdown Indicators

	SEIS	COMB	Difference
Max Drawdown Largest peak-to-trough decline	-26.08%	-33.50%	+7.42%
Max Drawdown (1Y) Largest decline over 1 year	-11.18%	-14.84%	+3.66%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.63%	—
Current Drawdown Current decline from peak	-2.67%	-11.35%	+8.68%
Average Drawdown Average peak-to-trough decline	-5.71%	-12.05%	+6.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	4.40%	-1.00%

Volatility

SEIS vs. COMB - Volatility Comparison

SEI Select Small Cap ETF (SEIS) has a higher volatility of 5.63% compared to GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) at 4.24%. This indicates that SEIS's price experiences larger fluctuations and is considered to be riskier than COMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEIS	COMB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	4.24%	+1.39%
Volatility (6M) Calculated over the trailing 6-month period	14.50%	15.09%	-0.59%
Volatility (1Y) Calculated over the trailing 1-year period	19.49%	17.38%	+2.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.99%	16.69%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.99%	15.15%	+6.84%

SEIS vs. COMB - Expense Ratio Comparison

SEIS has a 0.55% expense ratio, which is higher than COMB's 0.25% expense ratio.

Dividends

SEIS vs. COMB - Dividend Comparison

SEIS's dividend yield for the trailing twelve months is around 0.33%, less than COMB's 7.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF	7.70%	9.05%	2.48%	6.57%	30.85%	15.83%	0.07%	1.48%	0.97%	0.20%
SEIS SEI Select Small Cap ETF	0.33%	0.59%	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SEIS and COMB in my portfolio?

SEIS and COMB have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEIS or COMB?

SEIS has higher volatility (5.63%) compared to COMB (4.24%). In terms of maximum drawdown, SEIS dropped -26.08% vs COMB's -33.50%.

Which ETF is better, SEIS or COMB?

On 1-year performance, SEIS leads with 26.34% vs 25.91% for COMB. On fees, COMB is cheaper at 0.25% per year. On volatility, COMB has been the lower-risk option at 4.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SEIS or COMB?

Over the 1-year period, SEIS has performed better with a 26.34% return vs 25.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SEIS or COMB?

COMB is cheaper with a 0.25% expense ratio, compared with 0.55% for SEIS.

Which ETF pays a higher dividend yield, SEIS or COMB?

COMB has the higher dividend yield at 7.70%, compared with 0.33% for SEIS.

What is the main difference between SEIS and COMB?

SEIS is categorized as Small Cap Blend Equities, while COMB is Commodities. They also come from different issuers: SEI and GraniteShares. Their fees differ too: 0.55% for SEIS and 0.25% for COMB.

Which has better risk-adjusted returns?

COMB currently has the higher Sharpe Ratio (1.56 vs 1.25), 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.