SEIV vs. EIPX

Last updated Jun 24, 2026

SEIV (SEI Enhanced US Large Cap Value Factor ETF) and EIPX (FT Energy Income Partners Strategy ETF) are both exchange-traded funds - SEIV is a Large Cap Value Equities fund actively managed by SEI, while EIPX is a Energy Equities fund actively managed by First Trust. Both are actively managed. Over the past 3 years, SEIV returned 25.68%/yr vs 21.25%/yr for EIPX. A 0.53 correlation means they provide meaningful diversification when combined. SEIV charges 0.15%/yr vs 0.95%/yr for EIPX.

Performance

SEIV vs. EIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Enhanced US Large Cap Value Factor ETF (SEIV) and FT Energy Income Partners Strategy ETF (EIPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEIV achieves a 15.71% return, which is significantly lower than EIPX's 20.93% return.

SEIV

• 1D: -0.31%
• 1M: 2.03%
• YTD: 15.71%
• 6M: 14.71%
• 1Y: 39.83%
• 3Y*: 25.68%
• 5Y*: —
• 10Y*: —

EIPX

• 1D: 1.02%
• 1M: -3.17%
• YTD: 20.93%
• 6M: 20.98%
• 1Y: 27.12%
• 3Y*: 21.25%
• 5Y*: —
• 10Y*: —

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

SEIV vs. EIPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SEIV SEI Enhanced US Large Cap Value Factor ETF	15.71%	27.43%	19.73%	21.90%	2.60%
EIPX FT Energy Income Partners Strategy ETF	20.93%	11.44%	19.11%	10.74%	1.77%

Correlation

The correlation between SEIV and EIPX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (All Time) Calculated using the full available price history since Nov 3, 2022	0.53

Over the past year, the correlation between SEIV and EIPX has dropped to 0.20 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

SEIV vs. EIPX - Sectors Allocation Comparison

Sectors	SEIV	EIPX
Technology	37.6%	0.3%
Financial Services	14.0%	-
Communication Services	10.5%	-
Consumer Cyclical	10.1%	-
Healthcare	9.9%	-
Utilities	6.0%	26.4%
Industrials	3.7%	4.8%
Consumer Defensive	3.7%	-
Energy	2.5%	68.4%
Basic Materials	1.6%	-
Real Estate	0.3%	-

Return for Risk

SEIV vs. EIPX — Risk / Return Rank

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

SEIV

SEIV Risk / Return Rank: 92
SEIV Sharpe Ratio Rank: 93
SEIV Sortino Ratio Rank: 92
SEIV Omega Ratio Rank: 91
SEIV Calmar Ratio Rank: 92
SEIV Martin Ratio Rank: 93

EIPX

EIPX Risk / Return Rank: 83
EIPX Sharpe Ratio Rank: 83
EIPX Sortino Ratio Rank: 84
EIPX Omega Ratio Rank: 76
EIPX Calmar Ratio Rank: 90
EIPX 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.

SEIV vs. EIPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Enhanced US Large Cap Value Factor ETF (SEIV) and FT Energy Income Partners Strategy ETF (EIPX). 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.

	SEIV	EIPX	Difference
Sharpe ratio: Return per unit of total volatility	3.14	2.45	+0.69
Sortino ratio: Return per unit of downside risk	4.25	3.49	+0.76
Omega ratio: Gain probability vs. loss probability	1.56	1.41	+0.14
Calmar ratio: Return relative to maximum drawdown	5.76	5.27	+0.49
Martin ratio: Return relative to average drawdown	22.20	16.25	+5.95

SEIV vs. EIPX - Sharpe Ratio Comparison

The current SEIV Sharpe Ratio is 3.14, which is comparable to the EIPX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of SEIV and EIPX, 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

SEIV vs. EIPX - Drawdown Comparison

The maximum SEIV drawdown since its inception was -18.18%, which is greater than EIPX's maximum drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for SEIV and EIPX.

Drawdown Indicators

	SEIV	EIPX	Difference
Max Drawdown Largest peak-to-trough decline	-18.18%	-15.43%	-2.75%
Max Drawdown (1Y) Largest decline over 1 year	-6.95%	-5.17%	-1.78%
Max Drawdown (3Y) Largest decline over 3 years	-17.71%	-15.43%	-2.28%
Current Drawdown Current decline from peak	-3.00%	-3.41%	+0.41%
Average Drawdown Average peak-to-trough decline	-3.47%	-2.29%	-1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.67%	+0.13%

Volatility

SEIV vs. EIPX - Volatility Comparison

SEI Enhanced US Large Cap Value Factor ETF (SEIV) has a higher volatility of 4.84% compared to FT Energy Income Partners Strategy ETF (EIPX) at 3.61%. This indicates that SEIV's price experiences larger fluctuations and is considered to be riskier than EIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEIV	EIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.84%	3.61%	+1.23%
Volatility (6M) Calculated over the trailing 6-month period	9.64%	8.44%	+1.20%
Volatility (1Y) Calculated over the trailing 1-year period	12.77%	11.17%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.68%	15.02%	+1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	15.02%	+1.66%

SEIV vs. EIPX - Expense Ratio Comparison

SEIV has a 0.15% expense ratio, which is lower than EIPX's 0.95% expense ratio.

Dividends

SEIV vs. EIPX - Dividend Comparison

SEIV's dividend yield for the trailing twelve months is around 1.37%, less than EIPX's 2.70% yield.

Position	TTM	2025	2024	2023	2022
EIPX FT Energy Income Partners Strategy ETF	2.70%	3.23%	3.27%	3.48%	0.34%
SEIV SEI Enhanced US Large Cap Value Factor ETF	1.37%	1.51%	1.66%	2.08%	1.63%

Frequently Asked Questions

Can I hold both SEIV and EIPX in my portfolio?

SEIV and EIPX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEIV or EIPX?

SEIV has higher volatility (4.84%) compared to EIPX (3.61%). In terms of maximum drawdown, SEIV dropped -18.18% vs EIPX's -15.43%.

Which ETF is better, SEIV or EIPX?

On 3-year performance, SEIV leads with 25.68% vs 21.25% for EIPX. On fees, SEIV is cheaper at 0.15% per year. On volatility, EIPX has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SEIV or EIPX?

Over the 3-year period, SEIV has performed better with a 25.68% return vs 21.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SEIV or EIPX?

SEIV is cheaper with a 0.15% expense ratio, compared with 0.95% for EIPX.

Which ETF pays a higher dividend yield, SEIV or EIPX?

EIPX has the higher dividend yield at 2.70%, compared with 1.37% for SEIV.

What is the main difference between SEIV and EIPX?

SEIV is categorized as Large Cap Value Equities, while EIPX is Energy Equities. They also come from different issuers: SEI and First Trust. Their fees differ too: 0.15% for SEIV and 0.95% for EIPX.

Which has better risk-adjusted returns?

SEIV currently has the higher Sharpe Ratio (3.14 vs 2.45), 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.